4 ms·
See, that’s a difference between someone born in the USSR and someone born elsewhere. I, as person from the USSR, remember well how the offical rate of the rubl
by andreskytt 4y ago
See, that’s a difference between someone born in the USSR and someone born elsewhere. I, as person from the USSR, remember well how the offical rate of the ruble was a meaningless number. In theory, you could sell rubles at that rate. In practice, there would be a strict limit on the amounts, number of transactions and people allowed to execute these trades. You, my friend, would have lost all your money.
- DevKoala 4y agoThere are money markets that guarantee the trades at the market maker specified rates.
- incone123 4y agoIf I have a currency that has an 'official' rate different from it's rate on most markets, how does the market you mentioned replenish it's euros when I buy them with roubles?
- DevKoala 4y agoYou do not buy actual rubbles or sell rubbles for dollars. Instead you buy/sell some financial artifact that represents the trade pair. Those end up trading at the official market maker rate.
- ij333ji3mi3m 4y agoTry to transfer 30000 euro to some account in Germany... I did it once when I tried to buy some expensive domain. You will have the biggest troubles in your life and financial authorities will ask endless questions regarding your transaction and the money involved. Even in russia I think you have more financial freedom than in western. In Germany I also have to spend at least 20x more time for taxes than any developer from asia.
- eps 4y agoLol, jesus. You are trolling so hard. That's a KYC (know your customer) process and it has existed in all modern countries, Russia included, for a decade+ as a part of anti-laundering measures. If you were trying to transfer 30k from a country that doesn't implement KYC, you got exactly what it is designed for.