Options Create as many options as possible to spend your bitcoin, stablecoins, fiat, and get as many residencies or passports when the opportunity presents itself I had bankaccounts closed down, problems with authorities of certain countries, and could happily continue living my life thanks to many back-up options i accumulated over the years. - get crypto-exchange cards when possible, Bybit card for example - get cards to spend stable-coins with, Kast for example or Nexo - open a bankaccount with a 100% pro-crypto bank in a safe country that offers fiat currencies + crypto-options + fiat creditcards. Sygnum for example, with offices in Switzerland, Singapore, and Dubai - open various bank accounts, especially neo-banks like Revolut are more pro-crypto, and one can for example send eth there quickly and convert it to fiat. They are also easier on verification of funds (a crypto-exchange overview of funds held will do). Open various ¨normal¨ bank accounts too so you got options in case one shuts down - there are many options for residencies, passports, look into nomad capitalist and his info for example. Some places require heavier investments, like New Zealand or Switzerland, while others like Dubai, Malta, Paraguay, Panama or el Salvador are easier for crypto-people Disclaimer: i am not paid by any of these brands or companies or people above, just giving an example of what one can use. I have a wide variety of banking, stable-coin cards, residency options available for myself, which makes life a lot easier when certain places or banks start giving you shit, you can just move on to the next one
11.31K
131
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.