Quote from: Crypt0Gore on Today at 09:31:11 AM

Quote from: Becassine on Today at 12:39:18 AM

Hello,

From what I read, someone who sells btc sometimes has trouble receiving the fiats in its bank account. If the sum is large, the bank turns on all its red lights. I guess it's not a problem for someone famous, but for an ordinary citizen, how it happens if he lives modestly, recovers his private keys that he lost 10 years ago and finds himself with millions?

I will like to pretend as if this happened to me, I don't normally leave a large amount of money in my bank account and I use a private bank not the public banks that belongs to the government, I can change over 20,000$ to my native Fiat currency and I don't see anything wrong in doing so, the only time to expect problem is if the bank figure out that you are into crypto investment while there is a ban on crypto in the country.

Even if I have a very large amount of money in Bitcoin, I won't be stupid enough to convert the whole money into Fiat and send them into my bank account, my money is safer in BTC or USDT than my bank anyway.

Why would anyone do that? To show off? If you want to build a house you can't build it in a day, so take your time to use a certain amount to continue the house project every month, what could you possibly need the large amount of money for if you convert every thing into Fiat? It makes not sense.

I was thinking that this could be frustrating perhaps for someone who is super happy to find his private keys after so many years and who thinks that he has more than enough to buy a house but finds himself a little stuck because he cannot not buy his house in BTC or repatriate his funds to buy one.