Post
Topic
Board Economics
Re: LMAO: Santander UK bank puts limits to buy bitcoin and cryptocurrencies.
by
so98nn
on 05/11/2022, 03:29:06 UTC
This won't be a problem. This is actually another good reason to keep my bitcoins into my wallets only and not send a penny worth of it for fiat. Unless and until there is emergency situation one can easily cop up with the situation with 3000 GBP. That is still good amount of money one could need at any given time.

If not then there is always p2p option open for us. I mean direct contact with friends and family members so that we can avoid the KYCed platforms.

This makes better sense because we can directly send the funds to their wallet and they can directly send us cash or wire transfer for personal reasons. Everybody stays happy.

Believe me, one day peeps gonna start to follow such methodologies if banks gone too far with the restrictions. They talk like they own the money deposited by us.