2 ms·

That's gonna be the killer app, low-cost global payments, finally we can accept international payments from non-crypto customers without ridiculous SWIFT or Pay

• shuckles 6y ago
  Most global payments are transactions, not cash transfers, and the transacting parties have banking relationships that make those transfers low cost and strictly superior to Bitcoin.
  • marfusios 6y ago
    As a freelancer based in EU working on some US projects, I'm forced to pay 5.5% fee to PayPal or some fix fee to the banks (SWIFT payment). Plus conversion fee from USD to EUR (or my local currency). That's too high for just a simple thing as receiving money from different country. Really looking forward for that Strike Global.
    • itsArtur 6y ago
      Use Revolut
    • logifail 6y ago
      > I'm forced to pay 5.5% fee [..] > Plus conversion fee from USD to EUR [...] > a simple thing as receiving money from different country Moving money between currencies has never been easier, or cheaper. I would humbly suggest you're doing it wrong.
      • elvatoloco55 6y ago
        Oh really? Fees are low for accepting foreign currency for a business, please do tell your secrets. Lol, classic US centric view
    • nly 6y ago
      TransferWise?
• singularity2001 6y ago
  kraken significantly increased their transaction fees so there goes that dream