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> But it does work for international transfers, if you also assume that the sender and receiver are spending the token for services We're explicitly not assumi
by Nursie 4y ago
> But it does work for international transfers, if you also assume that the sender and receiver are spending the token for services
We're explicitly not assuming that. We are explicitly not assuming that, how many times must it be said?
From up-thread "you've sent Eth to yourself, and you still need a forex transaction on each end", to which someone replies "True -- it cuts down on middle men though!".
In that situation, you have not, in fact, cut down on the middle men.
And now three posts from you saying "But it does if you want if you want eth at both ends"
That wasn't the question. FFS.
- zeroclip 4y agoLook again. The original statement did not explicitly assume forex. And the original comment to that statement was a question as to whether forex is needed; the answer is “no, if you don’t require fiat” - and obviously it also depends on calling Eth and stablecoins “money” which many crypto users do. > international same party (sending money to yourself) money transfers >> But you've not sent money to yourself, you've sent Eth to yourself, and you still need a forex transaction on each end? Somewhere along the way the discussion changed from one party transferring to them self, to two parties.