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> Crypto does solve a few real world issues (fast, global, cheap, secure, anonymized transfer of value). I pay people from Argentina to Ukraine and there are m
by arcturus17 4y ago
> Crypto does solve a few real world issues (fast, global, cheap, secure, anonymized transfer of value).
I pay people from Argentina to Ukraine and there are myriad ways I can transfer them money quickly (seconds, sometimes), cheaply (down to fractions of cent on the dollar) and securely without resorting to crypto. I have no need for total anonymity but from what I hear crypto is not great on that front, either.
- LeafItAlone 4y agoCan you share your methods of doing this? I’m naive and unfamiliar with payments that are settled in seconds and also fractions of a cent to conduct, but would like to learn.
- arcturus17 4y agoI can do an instant SEPA transfer within the EU for a flat fee of 20€… For 5,000€ that’s literally fractions on the cent. There are plenty of other options if you dig deep into permutations of banking systems, neobanks, payment apps, etc.