3 ms·
What happens when my family, let's say in Mexico, receives the $500 and needs to buy food? Is there any way, currently, that they can they do so for less than
by IvyMike 12y ago
What happens when my family, let's say in Mexico, receives the $500 and needs to buy food? Is there any way, currently, that they can they do so for less than $20? (Seriously asking, I don't really know.)
- throwawaymsft 12y agoToday? Probably not -- changing currencies is expensive. But if merchants realize they won't eat the Visa/MC 3% fee, and bitcoin prices stabilize, it becomes viable. (The Euro has lost over 10% vs. the dollar these past 6 months, let alone the ruble, hard currencies aren't that safe either.)