RE: Best way to buy HBD without KYC
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Hey there! Hmmm, I always feel a bit lost when reading stuff like this, however it excites me that I basically followed! I must be learning something PHEW!
Another intriguing write up... A few things strike me though. For those of us who aren't crypto savvy, getting fiat into the ecosystem in the first place is very hard. I use coinbase, because I am not currently competent enough to risk using something that isn't highly regulated (and costly!). Sadly, this absolutely goes against my principles.
I have no idea how to properly educate myself on that, as reputable people aren't exactly giving up their secrets on how to lie to the government (Duh!) 🤣. I have sharp eyes, I'll figure it out eventually, like you do.
I know crypto is a bridge to humans making the world better. Building things that don't deplete our value but add to it, collectively. Or, the stars in my eyes say so... 😅
Also, you talk about getting the 20% interest rate,
Your bHBD has now been bridged to native HBD
Unpair the funds? I've finally figured out how to buy bHIVE/bHBD and set it to a farm (OxNifty helped a lot, thanks Nifty!) yet, I still have many questions before I dump a few hundred Hive into it (I know I want to haha). Why not advocate for farming, HEM "not financial advice" on the topic, I mean? 20% is wonderful, 36% is even nicer!
I'm so bullish for Hive in 2023, it's a bizarre and exciting feeling 😁
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Yes that is my biggest question too. How to get fiat into the "ecosystem" without the KYC?
I too use Coinbase because it is the only place I did the KYC.
I don't know what country you are in, but here in the good old USA "Big Brother is Watching" !LOL
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Prism, it's a light sentence.
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@grindan, I sent you an $LOLZ on behalf of @hhayweaver
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Where there's a will, there's a way 😉.
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I'll just say that where there's a will there's a way.
But let me add this...
Not wanting to do KYC isn't only about lying to the government.
Being Australian, I don't really worry about my government taking advantage of me in the same way that someone living under a more autocratic system might.
I choose to live in a city, take advantage of public infrastructure/services such as the health system and pay my share of tax for the greater good of the society I choose to take advantage of.
For me personally (and maybe you too living in another first world country), having this non-KYC option is simply about not putting total trust into corporations who don't have my best interests at heart.
And ensuring there are always private, open alternatives for everyone - No matter who you are, where you are or what you believe in.
Just keep in mind that putting native HBD into savings and earning 20% for doing so, has zero 3rd party risk.
It's all a tradeoff between security and earning higher yields :)
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how to buy bHIVE/bHBD and set it to a farm? Where can I read how to do this?
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