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As much as they need for what? Aside of ransom payments and drugs, you don't need to buy cryptocurrency, ordinary fiat money works just fine as a medium of tran

As much as they need for what? Aside of ransom payments and drugs, you don't need to buy cryptocurrency, ordinary fiat money works just fine as a medium of transfer.

drexlspivey 6y ago
I pay for vpn with crypto, the provider doesnt even have my email. How do you do that with ordinary fiat money?
- 2pEXgD0fZ5cF 6y ago
  > How do you do that with ordinary fiat money By sending an envelope with cash. Services often offer that option. No E-mail or name disclosure required. A few advantages: Your payment isn't traceable for all eternity for the whole world to see. The amount I pay isn't suddenly worth 10% more or less the next day. Better for the environment.
  - jakeva 6y ago
    That might be fine up to a point, but at a certain number it becomes a really bad idea to mail cash.
craftinator 6y ago
> As much as they need for what? Tesla's, until quite recently. It's also fantastic for tipping people online without all the grossness of Patreon or Medium. Easier than making a wire transfer (my bank sucks). I tend to use it everywhere I used PayPal, minus the places where it isn't supported.
LeoPanthera 6y ago
This is a very privileged, first-world perspective on things. You probably have a checking account, and a debit card. If you only have cash, and want to send money to (for example) family in another country, it gets very expensive, very fast. Exchanging cash for cryptocurrency without a bank inbetween is a pain in the ass, but its a hell of a lot cheaper than, for example, Western Union.
- tiltrus 6y ago
  Why not just use TransferWise? Wiring money can get expensive, I agree, but there are many P2P currency exchange platforms out there these days that cost next to nothing.
- seisvelas 6y ago
  >This is a very privileged, first-world perspective on things. You probably have a checking account, and a debit card. If you only have cash, and want to send money to (for example) family in another country, it gets very expensive, very fast. I live in Mexico, I don't know if we're first world or not. We're kind of in between. We have bank accounts and debit cards here too. In the past when I wanted to send cash to the US or vice versa, I've used Western Union for the convenience - the local corner store (which in Mexico will be Oxxo or 711) has western union. When my family here in MX needs money, I just transfer it to their bank account via my bank's app. I think many people in the US overestimate how privileged they are compared to most of the rest of the world, to be honest. I lived in the US when I was young but left because life felt easier here in MX. Sorry for this kind of ambling response, I don't really disagree with anything you said, your perspective just piqued my interest :)

As much as they need for what? Aside of ransom payments and drugs, you don't need to buy cryptocurrency, ordinary fiat money works just fine as a medium of transfer.

drexlspivey 6y ago

I pay for vpn with crypto, the provider doesnt even have my email. How do you do that with ordinary fiat money?

2pEXgD0fZ5cF 6y ago
> How do you do that with ordinary fiat money By sending an envelope with cash. Services often offer that option. No E-mail or name disclosure required. A few advantages: Your payment isn't traceable for all eternity for the whole world to see. The amount I pay isn't suddenly worth 10% more or less the next day. Better for the environment.
- jakeva 6y ago
  That might be fine up to a point, but at a certain number it becomes a really bad idea to mail cash.

craftinator 6y ago

> As much as they need for what? Tesla's, until quite recently. It's also fantastic for tipping people online without all the grossness of Patreon or Medium. Easier than making a wire transfer (my bank sucks). I tend to use it everywhere I used PayPal, minus the places where it isn't supported.

LeoPanthera 6y ago

This is a very privileged, first-world perspective on things. You probably have a checking account, and a debit card. If you only have cash, and want to send money to (for example) family in another country, it gets very expensive, very fast. Exchanging cash for cryptocurrency without a bank inbetween is a pain in the ass, but its a hell of a lot cheaper than, for example, Western Union.

tiltrus 6y ago
Why not just use TransferWise? Wiring money can get expensive, I agree, but there are many P2P currency exchange platforms out there these days that cost next to nothing.
seisvelas 6y ago
>This is a very privileged, first-world perspective on things. You probably have a checking account, and a debit card. If you only have cash, and want to send money to (for example) family in another country, it gets very expensive, very fast. I live in Mexico, I don't know if we're first world or not. We're kind of in between. We have bank accounts and debit cards here too. In the past when I wanted to send cash to the US or vice versa, I've used Western Union for the convenience - the local corner store (which in Mexico will be Oxxo or 711) has western union. When my family here in MX needs money, I just transfer it to their bank account via my bank's app. I think many people in the US overestimate how privileged they are compared to most of the rest of the world, to be honest. I lived in the US when I was young but left because life felt easier here in MX. Sorry for this kind of ambling response, I don't really disagree with anything you said, your perspective just piqued my interest :)