Digital Nomad Banking: Is it really all that simple?

Been seeing a lot of chatter lately, especially in other circles, about the rise of the 'digital nomad' and how easy it is to set up a fully compliant, multi-currency offshore banking structure these days. The narrative often suggests a few clicks, a few forms, and you're essentially borderless, moving funds effortlessly between jurisdictions with minimal fuss. I'm looking at some of the smaller fintechs offering these services, and while the tech is slick, the regulatory labyrinth hasn't exactly disappeared. It feels a bit like folks are underestimating the compliance burden, or perhaps overestimating the 'borderless' claim when it comes to actual substance requirements for tax residency and reporting. For example, moving funds, say, from a European entity to a new offshore account, even for relatively small amounts like $25,000, still triggers a lot of scrutiny, despite the 'ease' promised by some of these newer platforms.

Am I missing something fundamental here? Is the perceived simplicity of truly global, compliant digital banking for individuals and small businesses really as straightforward as it's made out to be, or are we just seeing the initial hype cycle before the inevitable compliance headaches start kicking in? I'd appreciate some pushback or real-world experiences from those who have actually navigated this space beyond the marketing materials.