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by hackermailman
3174 days ago
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Second the bad idea. I've been dabbling in electronic currency systems since the days of E-Gold and I've never seen a debit card last more than a couple of years before Visa/MC decided to seize the cards and all the values on them for violating their TOS or money laundering concerns. They also are highway robbery in terms of inflated fees for whoever is operating the scheme because of the risk involved. Because I live in a semi large city I've always just found somebody local willing to convert to cash through localbitcoins or bitcoin-otc or who can pay in a local bank transfer method that doesn't involve correspondent bank wire transfer fees. The few times I've needed to receive an international wire for contract work I've done or exchanging coins I used a middle man currency exchange service (VBCE.ca) that received the wire for me and paid via a local method. |
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