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> The procedure is the same. No, it's not. I can buy currency with cash, it will take me 10 min to get them from a local bank. With bitcoins you have to jump
by rorrr 14y ago
> The procedure is the same.
No, it's not. I can buy currency with cash, it will take me 10 min to get them from a local bank.
With bitcoins you have to jump through all kinds of hoops and pay all kinds of fees.
- haakon666 14y agoYou pay fees for currency conversion at your local bank to. It is just hidden in the spread between their rates and the market rates.
- rorrr 14y agoI had to travel to Europe recently, and for my bank the difference between the market rate and what they gave me was less than 1%. Now, what % of $20 would be gone by the time you get your bitcoins?