You better get used to crypto - SWAPD financial crisis of 2023

The good part is, no matter how many regulations they throw at us, you can still do business via crypto. It’s just that you can’t do it LEGALLY.

1 Like

Update

Wise may not be as safe anymore. We now have three confirmed cases of wires disappearing on Wise’s end. One wire sent by us to @ytwizard last year still hasn’t arrived. Now @Agataxx has reported that 2x payments from Facebook to her friend’s Wise account are also gone. Facebook sent them, Wise says, “nope, we don’t have anything.”

2 Likes

Crypto will be legal sooner or later.

If you look at history, entities very rarely win against invention.

Take recent history for example: Kodak, Nokia, and Blockbuster. What do they share in common?

Those companies didn’t compete against the world finances controlled by greedy old men. Crypto is already legal in most places. The problem is it’s getting so regulated it’s harder and harder to use for newbies.

1 Like

Damn

Why don’t you accept USDC as a payment method?

No particular reason. We’ve picked 4 payment methods and stuck with it. Isn’t USDC more expensive to move, compared to the TRON network? Most people use USDT TRC20 on SWAPD.

1 Like

USDC is also available on the TRC20 network.

1 Like

If accepting USDC as a payment method doesn’t cost you anything, I think you should accept USDC as well.

3 Likes

True on that, I personally don’t use USDC, I use USDT. But I have seen a lot of people who prefer USDC too.

3 Likes

I know, but it needs to stop somewhere. Once we accept USDC, why don’t we accept LTC? Lots of people use LTC. Now users can swap crypto on SWAPD, or they can swap it on their own wallets. So we don’t see the point, other than adding more work for staff.

2 Likes

@swapd if you haven’t, give bank frick a look The Bank for financial intermediaries and finance professionals - Bank Frick

lichtenstein bank for crypto, financial intermediaries who i think you are

You still need a license. :slight_smile: If you have a license, you can use any bank; I don’t think your link circumvents that. I looked on that site but couldn’t find anything relevant.

1 Like