
"The Economy" is Hell: On Overproduction and Crypto / Trevor Jackson
This Is Hell!
00:00
How to Cash Out Cryptocurrencies
How can there be so much reported success of crypto while it's volatile, unpredictable and difficult to cash out? Well, one thing about crypto is that very often when you see numbers, well, first of all, they've very hard to verify. The process of getting through a transaction can take hours. You have to pay a variable fee on that transaction. And then once you're trying to get your money out, your bank has a fraud officer who will look at this anonymous incoming transaction and say, well, that looks like fraud to me and probably freeze it.
Transcript
Play full episode