​

OTCbid - Bitcoin and the banking system: Slammed doors and legacy flaws

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

" It’s no secret the banking system doesn’t like Bitcoin — but does that stance challenge Bitcoin-first companies? Cointelegraph investigates.

​

Despite Bitcoin’s (BTC) promise of a peer-to-peer world, building a Bitcoin-first business in 2022 still requires third-party intermediaries. Whether it’s startup capital, using fiat money or simply exploiting fiat payment rails, Bitcoin business means interaction with the legacy financial system.

​

For the vast majority of Bitcoin-based businesses, this means that they probably need a bank.

​

Cointelegraph spoke to Bitcoin-only businesses about their experiences working with banks, given that ultimately, Bitcoin gets a lot of bad press in mainstream media. Plus, some of the banking industry’s biggest supporters love to bash Bitcoin. Ben Price, founder of the Bitcoin Company, recently shared that the company had lost “dozens of dozens of banking partnership opportunities simply because we’re a Bitcoin company." - Read Full Article

​

Source: Cointelegraph

​

​

​

20.9K BTC BUYER AVAILABLE

-5% gross, -2% net, Escrow attorney.

​

​

​

​

​

​

NEW: 20900+ BTC @ -5% gross, -2% net, - Look For Seller

​

(Buyer :  SALI 00-TELE)

Post: 26.8.22

​​​​​​

• A Buyer is looking for 20900+ BTC @ -5% gross, -2% net

• BTC buyer client with $450M USD to spend

​

• Buyer = 2%

• Buyerside = 1.5%

• Sellerside = 1.5%​

​

• Minimum = 500 BTC

​

• PROCEDURE : ​

​

• A) The Seller's Wallet - Must be a " Good Clean Wallet - 20-25/Transactions".

• B) Seller to provide a Satoshi- " ANY Denomination" 

• C) Buyer Can Provide Funds

• D) Seller- Provides An Email, Sends it over to Buyer Attorney: " Declaring",

• Seller Will Provide :

• A: Satoshi: " ANY Denomination ".

• B: They Have A Minimum of " 500/BTC- For sale ".

• C: This is a Non- Transactional Wallet

• D: They are "RWA"

• E: The Seller Can "State", what discount they preferred.

• As long as seller is willing to send Satoshi from clean wallet with at least 500 BTC, we can close the deal.

• Buyer will send money first to seller escrow attorney,

​

SELLER MANDATE ONLY

​

Interested parties should contact :

​​

• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram @OTCbiddotcom

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com