once you cash out and your wallet is identified by one exchange then it's no use hiding from your Uncle. surrender and pledge your soul.
any activity can't escape the eyes of Sauron.
USDT is still useful when you are trading all the time and you will trade because it's always profitable when you see the price is already about to dive, you will not forgive yourself when you resist converting to usdt.
I don't use exchanges that require any info & only cash out in privacy coins (ZSD, Zephyr, XMR). That's why my Uncle hates them because it makes me invisible & precious. Tether is extremely useful when swapping around inside an exchange. Especially when a coin hits an ATH and I want to sit on the sidelines to see if it drops so I can buy back in.
how is the money sent to you?
p2p as far as i know makes you visible to them when the funds are sent to your bank account. i'm curious to know how if i have some usdt on the exchange and i don't wanna use the exchange p2p, how do i do it?
my country supports fiat wallets but this also can be linked to crypto exchanges where we sell these coins. and the part where we can't escape doing this is that exchanges are soon going to be banned.
There are many ways to cash out. p2p like localmonero. Prepaid credit card. Use the crypto to purchase items or services. Or just get a hardware wallet and keep it as USDT. I don't really think banks or fiat are really that necessary. Most people just use it because it's convenient...but there's always Sauron <(|)>