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I see this argument a lot. The issue I have with this is that you are merely trading the headaches of international wire transfer with the headache of convertin
by yen223 12y ago
I see this argument a lot. The issue I have with this is that you are merely trading the headaches of international wire transfer with the headache of converting BTC<->fiat. Basically, instead of dealing with a bank, you're dealing with Coinbase.
No, this service would useful if I can get paid in Bitcoin, and pay for a majority of my expenses in Bitcoin, without having to convert to fiat at any point. Unfortunately, the Bitcoin ecosystem is nowhere near this sophisticated yet.
- SG- 12y agoI suppose that would be true if exchanging BTC to local fiat was a "headache" for me. In my country and with my experience it hasn't been a headache at all between the local exchanges I can walk up in person or online.
- yen223 12y agoDealing with banks is less of a headache for me than dealing with a Bitcoin exchange.
- hayksaakian 12y agoHave you ever tried to pay someone in another country?