What is the best EMI alternative to Wise?

[Sols]

From that list you dismissed, at least Revolut and Zen offer‍ multicurrency personal accounts.

 

[padres123]

hm... I use most of them with GBP, USD and EUR‍ + Crypto. Works perfect for me.

Did you test them all?
W1tty, Revolut, hi.com ,⁠ wirex... (all which multi currency support )

oh yes, ...ZEN too⁣ of course

 

[aragon]

What makes‍ you say this? My opinion is that USD fiat in a bank like Deltec can⁠ easily be frozen due to the arbitrary internal policy of the bank. Whereas freezing USDT⁤ I believe requires a court order or demand from a 3 letter agency.

 

[JohnnyDoe]

aragon said:
What makes you say this? My opinion is that USD fiat in a bank like Deltec can easily be frozen due to the arbitrary internal policy of the bank. Whereas freezing USDT I believe requires a court order or demand from a 3 letter agency.
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I was referring to counterparty risk, not to freezing risk.

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[aragon]

I don't understand the distinction. Freezing risk is a counterparty risk.

 

[JohnnyDoe]

aragon said:
I don't understand the distinction. Freezing risk is a counterparty risk.
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Counterparty risk = the entity holding/providing value to your assets fails.
Freezing risk = your asset are frozen, irrespective of who the counterparty is.

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[aragon]

Ok, makes sense. But I'm still of the opinion the asset risk is much lower with‍ Tether than with a bank. Especially for the little guys without an army of lawyers.⁠ 🙂

However, those days might be numbered. When Ethereum eventually gets captured by regulators and banksters,⁤ Tether will be captured too.

 

[JohnnyDoe]

aragon said:
Ok, makes sense. But I'm still of the opinion the asset risk is much lower with Tether than with a bank. Especially for the little guys without an army of lawyers. 🙂
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Don't keep any more cash in the bank than what you need for short term (30 days) expenses. When you need fiat cash, take a flexible loan on Binance, sell usdc or usdt (check which one has the lower interest rate at the moment) and repay it at your convenience - or never, if you are a HODLER.

aragon said:
However, those days might be numbered. When Ethereum eventually gets captured by regulators and banksters, Tether will be captured too.
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Ethereum is too gay to be raped.

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[Alexmorgan]

Sounds like i need to⁣ learn all Crypto games as banks are fighting legit people and letting money launderers go⁢ away with what they doing and nothing happen to them and everyone works in Banks︀ sector knows this

AML applies on legit people to restrict new rich people