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> How about sending cash? You can do that with a bank account. But, you dont need a bank account to send cash as is. You can use a system like western union, o
by ac29 7y ago
> How about sending cash? You can do that with a bank account.
But, you dont need a bank account to send cash as is. You can use a system like western union, or just put cash in the mail.
Western union has high fees, sure, but the money it sends also doesnt lose 10% of its value in half an hour. Exchanging to and from crypto isnt free either, and is required, since approximately 0% of people get paid in crypto, and 0% of goods and services are bought in crypto.
Sending cash in the mail might get lost, stolen or seized, but the same can be said of crypto. Or, you can send something safer like a postal money order which has minimal fees ($1.25 up to $500, $1.75 $500 to $1000).