MY POST ON DEBIT CARD CONNECTION TO BTC
has apparently been “hidden” as “off-topic”. It’s possible
for it to be fairly judged as “off-topic” but the intent
was to address the convenience of using Cryptos
as a “funds transfer mechanism” which is one of
the primary impediments to U.S. persons, when
working with offshore brokers.
Restrictions imposed by CFTC and related government
agencies on “funds tranfer” to/from Offshore brokers,
is the main reason I would post a Crypto related
topic in this forum. It is a way to more "smoothly’
transfer funds, outside of the traditional funds
transfer mechanisms.
I don’t mind if moderators want to hide it, but the purpose
is to provide information on “smoother” methods of
transferring funds between U.S. persons’ dollar
denominated activities, and their Offshore brokerage
accounts, which is the main focus of this forum thread.
There are certainly other crypto related posts in this thread,
and I continue to assume these are to increase awareness
that Cryptos are an efficient funds transfer mechanism
for U.S. persons having difficulty or inconvenience transferring
funds to/from their legitimate offshore brokerage accounts…
The increasing availability of crypto transfer mechanisms is an
effective way to mitigate regulatory over-reach which we
as U.S. persons experience in funds transfer… In my view…
Could be a “feeble justification” but that’s why I posted
the info…
hyperscalper