The U.S. Treasury Department said on Sunday it would not enforce an anti-money laundering law that obliges millions of business entities to disclose the identities of their real beneficial owners.

  • partial_accumen@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    2 months ago

    It was difficult to find a reliable bank and have a debit or credit card.

    At 18 you certainly weren’t borrowing to buy real estate, nor were you a customer for wealth management services. These were the things that hit (and sometimes sunk) banks and bank customers at the time. Are you saying you couldn’t find any bank or credit union that would give you a checking account with a debit card attached to it?

    How did having cryptocurrency enable you to have financial independence? Besides few places accepting crypto for promotional purposes (remember when you could buy a pizza with bitcoin?), you couldn’t spend cryptocurrency on any of life’s needs that would allow you to establish yourself financially.

    • Tony Bark@pawb.socialOP
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      2 months ago

      How did having cryptocurrency enable you to have financial independence? Besides few places accepting crypto for promotional purposes (remember when you could buy a pizza with bitcoin?), you couldn’t spend cryptocurrency on any of life’s needs that would allow you to establish yourself financially.

      FFS. Go lecture my 18yr old self. I’ve grown up since then. I didn’t say it was the correct or best option. All I said is that I was desperate.