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> The current cost to move $10m of bitcoin across international borders is about $1. Attempt the same via conventional means and you'll quickly realise it's ben
by tonfa 9y ago
> The current cost to move $10m of bitcoin across international borders is about $1. Attempt the same via conventional means and you'll quickly realise it's benefits go beyond monetary efficiency.
I'm fairly sure the cost is close to 0 for eur using SEPA. I've also transferred chf and usd across borders with no fees.
FX fees are different (around 0.01% with a decent broker?) but I suppose BTC spread+commission is higher than that anyway.