Bankers Bad Dream on Nostr: Generally speaking it is not difficult at all if you use a bitcoin seller who accepts ...
Generally speaking it is not difficult at all if you use a bitcoin seller who accepts wire transfers.
It really depends on how much you consider "a lot" but in most cases banks wont ask too many questions about anything less than 50K
I worked for a prominent bitcoin company and we routinely processed wires anywhere from 50K to 100K or more for buying bitcoin.
Granted there may be some questions involved.
Proof of income being the main one. Your bank may block it too if you have a shady past. Generally speaking, if you already have that kind of money, they wont think twice about it, unless they have reason to believe it is not legit.
In a nutshell: Find an "exchange" that excepts wire transfers, and buy as much as you want. That is exactly what Michael Saylor does. It is the best way for large amounts.
It really depends on how much you consider "a lot" but in most cases banks wont ask too many questions about anything less than 50K
I worked for a prominent bitcoin company and we routinely processed wires anywhere from 50K to 100K or more for buying bitcoin.
Granted there may be some questions involved.
Proof of income being the main one. Your bank may block it too if you have a shady past. Generally speaking, if you already have that kind of money, they wont think twice about it, unless they have reason to believe it is not legit.
In a nutshell: Find an "exchange" that excepts wire transfers, and buy as much as you want. That is exactly what Michael Saylor does. It is the best way for large amounts.