RE: Coinbase: problems and solutions
Does it concern anyone else that our main avenue of exchange is cooperating so much with the government? Or that they're essentially monopolistic?
Yep. This is what is killing free trade in Japan right now. BTC ATMs ripped out in favor of corporate, buy-in-only machines, and exchanges cutting off service. Hell, now they even have sexy supermodel celebs here advertising gov regulated exchanges on giant billboards in Tokyo.
I'm very interested in DEXs as well. Thanks for the suggestions. I did not realize Bitshares feartured a crypto to fiat gateway.
Just for now, though, have you considered Kraken as an option for your mainstream exchange? I've been using them for about a year now, but service to Japan is being cut off thanks to gov regulation. Just a thought. If it is not helpful to ya just ignore it. I would prefer an anonymous exchange any day.
That said, they (Kraken) were always pretty reliable, with a few minor hangups here and there. Coinbase has been riddled with severe problems for as long as I can remember, though. Plus aren't they releasing a bunch of user info to the Fed already? Not sure on that.
Anyway, this is turning into a disjointed, meandering ramble. Thanks for calling this shit out. It needs to be said and reiterated: THE STATE DOES NOT SUPPORT FINANCIAL AUTONOMY!
https://play.google.com/store/apps/details?id=com.bitshares.bitshareswallet
That's what I'm starting with on bitshares. Setting up a desktop soon, but I'm 100% mobile for now, so I haven't messed with kraken. Yet.
Would it help you in Japan to use a VPN to access your exchanges? The more I learn in this space, the more I detest the state and centralization.
Taxes are the price we pay to live in a centralized society.
The revolution will not be centralized.
Well, I have already signed on to a large exchange here for my business. The issue is that Kraken will no longer support withdrawals to Japanese bank accounts.
Taxes are disgusting. The antithesis of the philosophy behind cryptocurrencies. Glad somebody else understands this.
Of course, thanks to the tech, there are ways to keep your own money and stay dignified! :)
Need an American bank account? Idk how, but maybe we could get you one??
There may be some useful information in Liberty Entrepreneurs Podcast (@libertyepodcast) episode 76 (@ashe-oro is the host). It's got a lot of information about international living in the context of crypto.