Worth reading. I spent a lot of my time at Coinbase trying to find and keep fiat bank accounts open (two of the banks on this list were my relationships).

Worth reading. I spent a lot of my time at Coinbase trying to find and keep fiat bank accounts open (two of the banks on this list were my relationships).

https://www.piratewires.com/p/crypto-choke-point

I’m on a quest to make our money work built from crypto. I’ve spent the past year experiencing this bank retraction first hand, getting accounts open then instantly closed before we can even integrate. The gates are well monitored now, I don’t see any commercial scale on-ramps that aren’t DD, KYC/KYB gated

@backpack making money work better
anagency.xyz if you want to build something ridiculous 
/backpack
/notdevin
icebreaker.xyz/notdevin

I see plenty of hope though. Social networks like farcaster are creating new networks for exchange and payments that aren’t fiat native. We’re going to need to end run using traditional fiat space, there are no technical barriers to switching, only social barriers.