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by arcticbull 2433 days ago
> That is a side effect, not the purpose. Millionaires can use Bitcoins to move their wealth too. I'd say even for a transaction of $1,000, it is often cheaper to move in Bitcoins.

Compared to a free domestic ACH or wire?

Internationally you have to pay exchanges on the receiving end >1% fees to convert it to something you can actually spend.