Damus
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rare · 3w
being bankless since 2020 i can confirm. it's fucking rough. some years better than others. these last two years... worse. chokepoints everywhere. as you so well put: the limitations are _very_ real...
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Detective Deft Defector @Detective Deft Defector
Do you mind elaborating on the choke points? I ran into one where i was going to get my haircut, a barber on btc maps. She ended up cancelling saying she looked into it and the custody for Bitcoin owned through a business came with taxes, custody fees, apparently it was really convoluted to the point that she didn't even want to try it.
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rare · 3w
chokepoints like kyc/aml on a lot of serivces. we use to use spritz finance for paying bills. but they started using persona and it killed that for us. tried another method. zypto. have to dl their wallet, but bill pay also required kyc/aml. persona... that's friction. resorted to p2p trades. person...