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>issues I've run into in the last few years Bitcoin has existed in the last few years. So I have to ask why it is that you haven't used it if you've had these
by intrasight 3y ago
>issues I've run into in the last few years
Bitcoin has existed in the last few years. So I have to ask why it is that you haven't used it if you've had these issue moving money via traditional banks. Are the transaction fees too high (like Western Union).
- godon27 3y agoI take part of my income in Bitcoin and spend it, both on-chain and Lightning Network, pretty frequently. I visit a number of local places that accept Bitcoin and use it for online purchases too. There are several Bitcoin ATMs in my city but they mostly have KYC with low limits and/or high fees. For purchases like cars or real estate it seems like you'd have to be pretty lucky to find a seller unless you're not particular about what you're buying. I've also started keeping more physical cash on-hand lately.
- theonething 3y agowhy not buy Bitcoin, transfer it to destination country and sell it there for cash?
- intrasight 3y agoThis is really what I was asking too