quoting#AUStriches are limited by the Big 4 Banks to $10,000 per month in transfers to crypto exchanges.
note1ecd…rfg0
With #Bitcoin already at $100,000 dollarydoos, if a nocoiner started *today* it would take 10 months to become a wholecoiner (unrealistically assuming no price changes).
The number of wholecoiners in Australia 🇦🇺 is thus not likely to increase much if at all from here, particularly when the remaining banks follow the new industry guidelines and also impose restrictions on on-ramps.
Australians will look back on this in 5-10 years and realise what a colossal fuckup this market interference was, but by then it will be too late to do anything about it.
It’s time to accept the trajectory of this country is fukt.
stacksatsio on Nostr: They went hardest and earliest out of the Big 4 on exchange transfers. Myself and ...
They went hardest and earliest out of the Big 4 on exchange transfers. Myself and Sound Money (npub1pk3…gwnd) have posted a bit about it over the past year on here.