Topic: Bitfinex does not allow the USA (Read 104 times)

Really? You would leave the united states if someone who advocates freedom and the people is in power? But if someone illegally gets in who's a straight communist, then you're ok? Why don't you move to Venezuela? You will really like it there, it's even better than the US by your standards, since you love communism!

But there is no more USA. The land of freedom is gone, and there is no more constitution. How about leave your politics OUT of this forum? Many people don't want to hear you regurgitate CNN.

The US government are known for intervening in businesses that accept American users even if they're not based in the US.  The darknet market Alpha Bay was shut down by the US government despite not being run by Americans.  Exchanges like Coinbase which accept American users generally have more irritating verification procedures than ones that don't and they also have banned users for how they use their Bitcoin, including when they use it for activities that are only legally grey (e.g. Bitcoin gambling).

Seems like a responsible decision on Bitfinex's part.  Even though they're based in Hong Kong, they're a favourite of European users who may wouldn't like the interventions of the American government interfering with their perfectly legal trading.
Depends how much money they're using and what they plan to do with it! 

In my analysis there is not a lot of difference between 'big banks' and 'government'.  'government' is, for all intents and purposes, the arm by which the financial powers exert their wills.

Everyone's situation is different.  Such a thing may make sense to some people but probably not for most.  I did so (for a variety of reasons) and am damn glad for it.

I anticipated that one of the Trump clan would have been running the show from 2021-> when I decided to leave, and that was a big factor.  Had I predicted Biden (or whatever degenerate the Dems picked) my decision to leave would have been that much easier.

The epiphany which caused me to split was that anyone who had a snowballs chance of being installed as U.S. president, and in most important seats in what is mis-understood as the 'US government', would be assigned the task of imploding what is left of the shell.  The only difference between it being the Zionists or the left-wing Luciferians who did the 'pull it' would be certain of their methods.

For the sake of using Bitfinex?  I don't think so.  Maybe if Trump had gotten reelected, I might advise otherwise, but that didn't happen (lol).

I'm not sure if Coinbase is more under the thumb of the big banks or the government--it's hard to tell, but I know where you're coming from as far as they're concerned.  But a lot of exchanges that aren't based in the US have a hard time operating there, and if they can actually do it they can't provide service to every state (like Binance).  I don't know what laws are on the books regarding crypto at the state level, but there's got to be something going on there. 

And OP, I didn't know this particular fact about Bitfinex, never having used them but it's not surprising.  We're not in the wild west days of crypto anymore.  Or at least we're nearly past that phase.

Would it be better to simply move out of the United States?
The user, I mean.

yes it does sound like a real crypto company when USA people are restricted. bitfinex is a hongkong based company. i have not used them for a very long time, maybe they changed terms now, it should be fair not allowing US residents. it could be that a US base user will have to pass certain verification before they can make transactions.  if this restriction is just new, it could be because of the tether lawsuit. even when doing so they are still not out of reach by the US regulators.

Good!  That adds credibility in my opinion.  I consider any service which even can operate in or interoperate with those who control the U.S. herd to be basically broken by default.

If one does find some U.S. based or operative service who is getting away with providing results, plan on it being a pretty transient affair.  For instance, Coinbase started out providing me with pretty decent service in their earlier days.  Ultimately, as they grew and got under the thumb of the USD banksters (or simply showed their true colors as the case may be) they became useless to me.  And I'm a completely non-criminal who paid all my taxes and didn't have a problem with KYC!

Other services in other countries have demonstrated to follow the same pattern by the way.  Relatively few countries have the political muscle to stand up to the enforcement frameworks controlled by those who use the BIS.

My opinion is that if one is a U.S. citizen the only realistic option to maintain some modicum of service is the partner with someone who is not a U.S. citizen and avail of whatever secure communications channels one might be able to find.  It's simply not worth the risk, cost, etc for most users.  But then most users won't really be bothered by the crippling policies that US hampered institutions will throw up either.

USA people not allowed