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You have the cash to buy a house without a bank? Go ahead. You don't need blockchain for that. Online transactions without fees? Bitcoin still has fees. I sen
by madeofpalk 8y ago
You have the cash to buy a house without a bank? Go ahead. You don't need blockchain for that.
Online transactions without fees? Bitcoin still has fees.
I send money overseas cheaply, easily and instantly all the time. Without Blockchain.
- bramjans 8y agoWhat service do you use if I may ask?
- dmix 8y ago> I send money overseas cheaply, easily and instantly all the time. Without Blockchain. Really? I live in Canada and bill US customers for 6yrs and I've yet to find a solution for this that isnt awful. It's either slow, not practical for large amounts, very expensive, or requires tons of paperwork and special bank accounts not easily attained. So by all means please share your solution for this. It'd be a massive industry if you found one...
- Jommi 8y agoWhich service do you use? What are the fees? Between what countries?
- dmix 8y agoIt doesn't exist apparently. No reply to 3 people. He probably Venmo'd $5 to someone and thought it was a solved problem. Not a real solution to real significant cross-border money transfers.
- wpietri 8y agoThere are a bunch of options out there: https://www.nerdwallet.com/blog/banking/best-ways-to-wire-money-internationally/ https://www.nerdwallet.com/blog/banking/best-ways-to-wire-mo... And more all the time; it's a hot area for startups: https://www.wsj.com/articles/fintech-startups-seek-to-shake-up-money-transfer-industry-1513679401 https://www.wsj.com/articles/fintech-startups-seek-to-shake-... So it's entirely plausible there's a solution that works well for him already.