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Bitcoin provides an easy way to send money across borders. It's a hellhole if you want to get money across by using traditional banking system, because there's
by rysertio 4y ago
Bitcoin provides an easy way to send money across borders. It's a hellhole if you want to get money across by using traditional banking system, because there's a lot of debt involved and the fees just skyrocket.
- jfghi 4y agoCan you flush out the details on this? I’ve wired money internationally and it was fairly simple. I understand that not all locations are able to receive wire transfers. What are the associated fees and process times with sending 100 dollars with bitcoin including the purchasing and selling in order to complete the transaction of currency? What countries does this end up being useful for?