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RE: How Does Crypto Solve It's Liquidity Issue

in LeoFinance3 years ago

People seem to be exiting out of the fiat world and piling back into the crypto world.

I suspect some attempts at policing such exit here in our country that started early last year by asking owners of mobile phones to register their SIM cards again. Of course, they sell such a move in the name of protecting mobile users from bad actors.

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In which country do you live?

And yes, the best practice is to use crypto wallets & apps from a desktop computer only, where we can - to a large extent - control the parameters of our communication (through VPN's, Tor, etc.).

And if a microwaves phone is required, be it a Linux phone, like the Pinephone - because on an Android or iPhone, the bad actors your government is referring to have access to your data (Google & Apple in the first place).

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The Philippines. I observe just recently every time I do an online transaction, I now receive a notification to register my SIM. When I bought my phone, it has already been registered. So this is a kind of registration that has a different purpose in mind. I forgot the exact month they passed the SIM Registration ACT.