At the moment I would not lend Bitcoin. It's dumb to put it at risk to get a 2-5% return, on an asset that appreciates 100% per year. You simply don't need yield!!! It's a scam, don't do it.
I'm not sure. It depends on how the Amish parents know and report their new children to the federal government.
They don't report that, I'm fairly certain, I doubt any Amish have ssn
There was a former amish girl on Instagram who left her family and she makes videos about the amish community and how they live and I saw in the video that they dont have social security numbers and how shes as an adult now had to go get one since she was out living in the world now. I will have to double check to see how true that was but I think its true
When you eventually get to the point that you want to retire off Bitcoin you have three basic options:
As far as taking loans against it, I think that is fairly safe, since you can do a multi-sig contract. Unchained Capital offers this, and soon (5-10 years) banks will be begging to be allowed to do this, because Bitcoin the the best collateral there is. It’s better than stocks, it’s better than a house, because the lender has essentially zero risk, interest rates will be the lowest of any collateral backed loan product.
www.bearbookkeepingtax.com
www.youtube.com
corbettreport.com
It's unknown, but I assume competition from XMRBazaar gave this project a literal run for it's money rather than legal bollocks. Many Monero folks I know personally found Monero Market's UI and UX terrible in comparison to XMRBazaar. The fact that XMRBazaar has no fees at all, direct P2P exchanging of funds without using a custodial wallet, and having a famous Monero-activist behind it further annihilated Monero Marketplace.
Real USD haha.
I think it's about 1.5-1.75% or so (not finalized). So still high but less than card; this would destroy Visa and Mastercard's oligarchy. Is Block using their own stablecoin or just only real fiat?Real USD haha.
I would guess the fees are still high. Square is already enabling their POS systems to process bitcoin payments seamlessly and invisibly to the merchant.
Block to roll out bitcoin payments on Square
squareup.com
USA is just trying to get more folks to buy their bonds thru legal force and maybe fool citizens into using psuedo-CBDCs (PBDCs are a better acronym) since most normies now are enlightened somewhat on actual CBDCs. Legacy finance is also trying to stay relevant (and kill off other competitor quickly). But yes, the whole thing is comical anyways.
no stablecoin is necessary - the Square terminal user can opt in to recieve bitcoin, or it will go directly into fiat by default in the account. Just like using Strike to send fiat - fiat crossborder and cross-currency payments using the bitcoin lightning network is essentially free and invisible to the user...stablecoins are defunct already, wall street and gov just havent caught up
Bitcoin payments would make a huge difference in terms of travel. At the moment when you travel if you pay by card when overseas often you get hit with the double whammy of credit card fees (for small shops/merchants, etc) and the foreign currency conversion fees. So often when on holidays in a foreign country when you add up those two costs you can be paying anywhere from 3% - 6% per transaction. If you spend $10,000 while on holidays that is $300 - $600 just in fees. If you can pay with Bitcoin and pay 1.5% that would mean $150 (on $10,000 of spending) instead of $300 - $600 over the course of your holiday. It is a meaningful amount of money. I think for businesses that get a lot of tourists as customers this will be a game changer once widespread adoption takes place.
