I have this solution for you but in a
crypto to cfds level. Basically depositing crypto to play on cfds including forex. Dont know if this what you are looking for.
CFDs are not my thing, but I'll DM you! I might just throw some money at it to "experience" it.
Well, smth might come out of it on
Bitcoin liquid network (bitcoin sidechain) (I happen to know some folks involved in this, so might be biased but I shill it nevertheless).
You can hold what are digital securities yourself (but need some
kyc for getting these)
for example, the first
investment in el salvador is listed there for example. (bond for airport hotel construction)
Still all small and all, but it looks promising.
Ill add some links here how you get started:
Bitfinex Admission to Trading | HILSV Offering Overview
https://sideswap.io
https://aquawallet.io
Thank you, Jack!
I'm open to experimenting with these "new systems."
I'm all for the dilation of my circle of competence with a scale factor > 1.
I really appreciate this!
As someone still learning about crypto... How are you able to use
stable coins for all your purchases? Do you mean you can find select companies that take them for just about any item you want, or do you mean you have a way to pay for everything with
stable coins? How does one do this and are the fees not high for crypto transactions?
Thanks.
Disclaimer: These are MY experiences and may differ from others, but here we go...
I had NO choice. Private and commercial banks started implementing all their AML/KYC,
CRS, AEOI, etc., BS, so I was forced to search for a solution or perish. Initially, I found the solution in Bitcoin and
Ethereum, but they were too volatile. Then, the Chinese (and other Asian) suppliers, realizing that the Western self-appointed rulers of the world were hindering the growth of small entrepreneurs, started to accept stablecoins (I think I once posted a de-identifiable message from one of my suppliers here). Basically, the Asian govs. turned a blind eye to stablecoins so they can continue to export to every Tom, Dick, and Harry and NOT just to Walmart, Amazon, and other behemoths.
My buyers also were forced to use stablecoins because corresponding banks were shutting them down...EVEN with HUGE buildings and thousands of employees.
Of course, if they purchased their hardware from SNX (TechData for the older guys);
https://finance.yahoo.com/quote/SNX/
It would not only be allowed but also applauded.
See here why:
What does this have to do with the corresponding banks, you ask?
Let's take the biggest corresponding bank as an example: JP Morgan Chase:
https://finance.yahoo.com/quote/JPM/holders
Those pesky businessmen in Africa, the Caribbean, and Latin America ain't going NOWHERE! I expect an assault on the stablecoins soon...if the dastardly girly-boys figure it out. They may not be able to (in time).
Let me know if something isn't clear.
PS. TL; DR.
Many entrepreneurs and medium-sized businesses are into stablecoins now but refuse to advertise them due to fear of retaliation by their banks and merchant providers. I have a very inexpensive printer in Asia that prints out similar window stickers for me
I sent them to my buyers for "free" in each order, but they have told me NOT to send those things anymore because they can't advertise them. Their banks and merchant providers will close their accounts. They have already been threatened.
That would be the icing on the cake for me
