The KYC requirements are due to the US government's regulations.
Australian banks are now 'protecting' clients by not allowing payments which they perceive as going toward crypto (any crypto, that is) purchases.
Hence your issue with Westpac.
They do SO care about us..
Next time, save yourself some bother and just open an account at BTC Markets (btcmarkets.net).
This is an Australian exchange and while they also do the KYC BS - hey, the Australian Government, and especially the Tax Office, love you and care about you! - you can then deposit cash via a normal AUS bank transfer.
BTC Markets offers Tether for purchase, but personally I've no idea why you'd want to use that particular 'crypto' - unless you're really concerned about the short-term exchange rates against the USD.
Note that USDT is considered by many to be a scam. I personally am ambivalent about that, because no proof has ever been produced, but if you deal in the crypto space, next time just use Bitcoin.
All of our systems have been corrupted.
No one trusts systems of government, media, food, medicine, academia, voting, or even science anymore. This is the most important solvable problem on Earth. Here is how we can fix corrupt government it in 3 simple steps: https://open.substack.com/pub/joshketry/p/how-to-fix-corrupt-government-in?r=7oa9d&utm_campaign=post&utm_medium=web&showWelcome=true
https://docplayer.net/234739593-The-great-taking-david-rogers-webb.html
watch lynette zang on youtube..
Some of your gripes are easy to answer.
The KYC requirements are due to the US government's regulations.
Australian banks are now 'protecting' clients by not allowing payments which they perceive as going toward crypto (any crypto, that is) purchases.
Hence your issue with Westpac.
They do SO care about us..
Next time, save yourself some bother and just open an account at BTC Markets (btcmarkets.net).
This is an Australian exchange and while they also do the KYC BS - hey, the Australian Government, and especially the Tax Office, love you and care about you! - you can then deposit cash via a normal AUS bank transfer.
BTC Markets offers Tether for purchase, but personally I've no idea why you'd want to use that particular 'crypto' - unless you're really concerned about the short-term exchange rates against the USD.
Note that USDT is considered by many to be a scam. I personally am ambivalent about that, because no proof has ever been produced, but if you deal in the crypto space, next time just use Bitcoin.
What a waste of your time and energy.
No one to go and shake up.
Yep, delaying tactics are a big red flag.
But what now?
This is not good.
It has now difficult to know who can be trusted.
Scammers are using artificial intelligence to copy faces and voices of Australia’s
biggest names, including mining magnates, Gina Rinehart and Andrew ‘Twiggy’ Forrest,
to invest in fake business scams.
Entrepreneur Dick Smith said he was tricked by one of the deep-fake videos using his image
to spruik an investment scheme. He said when he first saw it ‘I thought it was really me, I thought
I had done an interview somewhere that I had forgotten about. But then I realised no it wasn’t’.