> "For anyone who's tried to wire money overseas, you can see how much easier an international Bitcoin transaction is. It's just as easy as sending an email." -

> "For anyone who's tried to wire money overseas, you can see how much easier an international Bitcoin transaction is. It's just as easy as sending an email." -- Bitcoin's chief scientist, Gavin Andresen No actually it's only as easy as Western Union is. You either have to take a huge cut due to localbitcoin or other markups for markets that avoid the normal route of... registering at an exchange, giving them all your details which will take weeks to months, whom will then place major limits on what you can transfer (no more than a $2k-$10k) and potentially crash burn and be robbed while you wait for your FIAT. So actually it's like transferring money between two Western Union branches that are both in war zones and staffed with employees taken from the DMV.