Why are all “Bitcoin lending/curiosity” companies USA-only?
I am unable to inform you what number of occasions in my life, method earlier than Bitcoin as properly, I’ve began registering for some great-sounding service or wished to order one thing, solely to comprehend after investing lots of effort and time into it that they solely serve USA clients. That is by no means said up-front. You simply find yourself in some unspecified time in the future having to “choose your state”, which means “US state” (not nation state), and there is simply not a phrase about this wherever. It is simply assumed that you’re within the USA.
I basically do not perceive this. Why not have not less than a bit textual content someplace saying:
At present, we solely serve US clients. Nonetheless, we might develop globally sooner or later, so keep tuned!
It seems like I am lacking one thing. Why would these Bitcoin lending/interest-earning platforms/companies solely be for individuals within the USA? If they do not make any “background verify” anyway, why does it matter the place on this planet they reside? Particularly in the event that they solely pay the curiosity in some type of bizarre non-Bitcoin coin?