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Under_score
joined sep 2021
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5 topics on Under_score
+1
Under_score
Revolut asking questions
Been using Revolut for a while to purchase on lb but they have recently contacted me to provide proof of where my bitcoin is going. What do I do? Should I be worried?
+2
electrorainbow
I'm not sure if you should be worried, if I were you I'd ask for proof that you need to provide proof. You are not under any obligation to tell financial institutions where you're money is going unless there is a legitimate, wet ink signed warrant from the police stating so. Even then, I'd be asking more questions. I use to use revolut to buy my bitcoin, but things out there are getting really funky. Now I do a proper run around, I transfer money from the co-op to revolut, from revolut to moonpay and then when I've bought bitcoin on moonpay I send it to my nimiq wallet, which IS totally decentralised.
So, questions to ask revolut are; Am I obligated to provide this information, and if so please provide proof of this obligation. The chances are they won't know how to answer. Be warned though, they can and might just block your account. Have a back up plan. There are forces on this beautiful rock that mean ill will for freedom, you probably noticed that already, lol.
+2
cheeching
Wow seems like quite a workaround you had there. I use coin base and they are asking the same question. Going to try and buy in cb and. Say I am sending to myself via an exodus wallet, then from there will send for lb transaction..surly that would work….
+1
cheeching
I can confirm this currently works for me. The more recent posts I read about Revolut the more I am going off the idea of using even though I have registered with them
+2
Under_score
Thank you so much. Used to think Revolut were great, kept it all simple for us dumb fucks and the fees were low. But now it’s losing its appeal! Will use your info! Ty 🫶🏻
+2
cheeching
Hmmm was going to start using Revolut instead of coin base for this very reason. Not so sure I will now. Think the key is to send to your own wallet and then send from that.
+2
electrorainbow
Honestly, it's going to get worse. I'm part of a gifting economy and I know some people who have had they're revolut accounts blocked and their funds swallowed up, just for receiving a financial gift! Because the sums are large (2020 euros) somehow that makes it a target. I've also heard that if one has 50 plus bitcoin transactions to unknown wallets they will just also block the account. We are really gona be pushed to the limits with these cunts in the coming years. Frankly, the whole thing needs to come down. It won't be pretty. Hohum.
+1
cheeching
Agreed. The more governments and the like get involved the harder it’s going to be to buy in places like lb. For now cb to same exodus wallet works. If you are going to send to self make sure it’s the same wallet…
+1
electrorainbow
most welcome brother!
+1
cheeching
Hmmm was about to use Revolut instead of coin base for this very reason…now not so sure.
+1
Kid carti uk
I do Revolut to exidous costs a little more but you avoid all of these questions

Exidous asks no questions

Your using your government credentials you should use these 2 for your safety
When do I leave a bad review?
Boner pills
MycoMattic
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1 post by Under_score
Freeupkiwi
Favourite british Sitcoms when stoned?
Stath Let’s Flats and Toast of London brilliantly silly.
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