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Unfortunately, many companies still insist upon remitting in paper checks, especially for cross-border transactions. If I could route a paper check remittance t
by yourapostasy 9y ago
Unfortunately, many companies still insist upon remitting in paper checks, especially for cross-border transactions. If I could route a paper check remittance to a BTC/ETH exchange like Kraken, buy into BTC/ETH in that paper check's denomination, then immediately sell and withdraw as USD, then I and many other vendors could solve that use case. If anyone knows of a BTC/ETH exchange with turnarounds even faster than forex brokers, and can process paper checks, then please post who you use. For a world economy that is supposed to be a global integrated entity, the amount of rentier hurdles sitting on the borders never ceases to amaze me.
For the few customers that agree to a wire transfer, I'm trying out a cryptocurrency exchange in 2018 to convert them to USD.