Withdrawing funds


#1

Hello everyone,

Let’s just say 5-10 years from now BTC is worth 250-500k which I believe it’s very possible. How would you withdraw all that into your account?? I know this sounds silly but it’s possible it could happen.
From what I’ve been seeing some banks will close your account unless it’s a credit union. Not sure if anyone has the answer but I figured I’d ask.


#2

In 5 to 10 years you won’t need to…


#3

you would sell your crypto for fiat through an exchange probably no different than the way its done now.


#4

Over counter escrow service or small amounts at a time via a standard service.

Either way, the tax man will want to be your best friend unless you move country!

Stay Fishy


#5

Hopefully the person I’ll be buying a house from accepts Bitcoin. And at that price, why wouldn’t they?


#6

We are already a bank…unless you want someone else to hold your keys