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Crypto is its own banking system but going from fiat to crypto falls within the current banking system, unless you're willing to buy crypto with bundles of cash and risk getting mugged.


Not true. We can hijack the banking system using Bisq.

https://bisq.network/

Suppored payment methods:

    Advanced Cash
    AliPay
    Cash Deposit
    Chase QuickPay
    Face to face (in-person)
    Faster Payments
    HalCash
    Interac e-Transfer
    Japan Zengin Furikomi
    MoneyBeam (N26)
    MoneyGram
    National bank transfer
    Perfect Money
    Popmoney
    PromptPay
    Revolut
    SEPA
    SEPA Instant
    Swish
    Transfer with same bank
    Transfer with specific banks
    Uphold
    US Postal Money Order
    WeChat Pay
    Western Union
    Zelle
And no, I don't think they asked permission.

It's so funny. Whenever people say you can't do X with crypto, there is always something they don't know about that proves them wrong.


Thanks, I haven't heard of this.


> unless you're willing to buy crypto with bundles of cash and risk getting mugged

I'm trying not to fall into a "Survivorship bias" here but I made 10s if not 100s of trades on LocalBitcoin years ago without issue. I wasn't meeting at people's houses or in some dark alley, I was in the Kroger (grocery store) parking lot or even inside Kroger or the Mall. I don't disagree with your point that fiat->crypto is not as easy as some people pretend it is but I just wanted to push back a little bit on the second part of your statement.




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