RE: RE: The Hassle Involved With Investing In Crypto
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RE: The Hassle Involved With Investing In Crypto

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7y

The analysis is spot on, yet there is one thing in my opinion that is crucial yet not mentioned (yet, perhaps in the next installment it was coming).

Nah, it felt good writing the first two part and felt forced when I wanted to continue on with it.

But yes, the general complexities with crypto puts off a lot of people. Although, I do wonder if the prospect of money does compel some to jump through the hoops anyways.

For example, my friend is a SAP employee through acquisition of Qualtrics. The employees have a perk where they can get company stock "buy 1 get 40% free" (or so I'm told). He figured out ways to set up international banking, etc. to make sure he maximizes his purchases.

With US buyers locked out places like Binance and whatnot, it does annoy me that I can't get some assets without extra steps. This takes me back to what socky@socky used to post about "get us on bloody exchanges" seem like a sad hindsight.

Alas, I've let myself use blocktrades@blocktrades for now...hoping places like Binance.US would list STEEM before I sign up for more exchanges.

I'm okay with KYC processes, but prefer not to be spread across multiple exchanges.

@enforcer48: The analysis | Ecency