Comment on Bitcoin nodes surged to 200kparentComments−ihsw12yIt depends heavily on where you are, which bank you're with, with whom you're a citizen of, and a myriad of other factors.Canadians may have an easier time than Americans, but Britons will be SOL.−davidsong12yBritons will be SOLIs it that hard to set up on BitBargain?−user2412yIt is not smooth at all: https://bitbargain.co.uk/trade-bitcoins-appNot to mention the 0.4XBT non refundable seller application fee.For a one-off "I want to cash out" use case this is completely unworkable.−ihsw12yVAT applies to BTC<->GBP, so that really dampens adoption in the UK.
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It depends heavily on where you are, which bank you're with, with whom you're a citizen of, and a myriad of other factors.
Canadians may have an easier time than Americans, but Britons will be SOL.
Is it that hard to set up on BitBargain?
It is not smooth at all: https://bitbargain.co.uk/trade-bitcoins-app
Not to mention the 0.4XBT non refundable seller application fee.
For a one-off "I want to cash out" use case this is completely unworkable.
VAT applies to BTC<->GBP, so that really dampens adoption in the UK.