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The problem with going offshore are the bank fees for international wire transfers. The UK uses GBP not EUR so that is also a barrier to overcome. edit: also,
by user40 13y ago
The problem with going offshore are the bank fees for international wire transfers. The UK uses GBP not EUR so that is also a barrier to overcome.
edit: also, don't forget about what happened with transferwise.com. It was used to transfer GBP to EUR to get bitcoins from a Polish bank account. Transferwise then blocked people from using the service to buy bitcoins presumably due to UK bank pressure.