What is Nostr?
pkt / Peter Todd
npub1ej4…ndrm
2024-11-27 11:09:34
in reply to nevent1q…d8xz

pkt on Nostr: Why is that surprising? One of the most common ways to make money has been to do some ...

Why is that surprising?

One of the most common ways to make money has been to do some kind of fiat/crypto conversion.

Secondly, it's impossible in a lot of countries for companies to function without bank accounts. Not just from a practical point of view either. Legally speaking you have no choice but to pay for many things with fiat bank accounts.

In fact, IIUC at the moment that's true in Canada because Canada Post is on strike, and IIUC the only way Revenue Canada accepts cash payments is through Canada Post branches. Every other mechanism goes through a limited number of third parties that can and do debank people.
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