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That's interesting! But isn't there any delay between currency exchange and an exchange fee as well?
by BitMastro 13y ago
That's interesting! But isn't there any delay between currency exchange and an exchange fee as well?
- derefr 13y agoYes, I imagine that, like with Paypal, the sender would be responsible for eating both exchange fees. The delay, on the other hand, would impose price volatility that would likely be equal in both directions--so as long as the transfer-agents formed a network with an agreement that the receiving agent smoothed over both all losses and all gains during transfer, there should be net zero liability (they'd just need some float.)