/biz/ - Business & Finance

>>57839694
That's retarded. NYKNYC. You're losing the optionality of fleeing the country with 12 spicy words in your head worth thousands to millions. You're trusting BOOMERS to actually hold BTC and not fuck it up somehow.

>>57840138
Nah, because even if some exchange has looser KYC requirements than CB, the bank they send the money to will also freak out and start asking questions. CB, being the biggest and working more closely with banks, will be able to answer some of the questions on your behalf and calm some boomer at your bank down when you suddenly get a pending deposit of $XXX,XXX.

If you did KYC years ago then yeah you're probably fine. Just don't freak out if it gets held up and keep in mind you can always get a professional accountant or lawyer to help you out getting the money unstuck. Yeah, it sucks to have to pay someone to unfreeze your money, but it's better than letting it just stay frozen for months.

>>56660753
I could have put another $100k into bitcoin when it was sub $20k, but that's literally it. I was massively burned out, in a mental breakdown sort of way, when I finally managed to quit (scamdemic nonsense didn't help either). Since then I've destressed, reconnected with family, done a ton of travel, and I even feel ready to start dating again (now that I stopped hating myself so much).

>>56660763
I was an officer in the US Navy. I managed to screw up my reputation (due to burnout and handling stress poorly) so I was going to be kicked out within 3 more years anyway, but by the time I quit I was literally sending emails asking how to speed up my resignation process anyway possible. In civilian terms I was a project manager at the end (and the project itself was FUBAR).