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by lxgr
1971 days ago
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True, many banks charge unreasonable fees for international transactions, but that‘s fixable: There is a very competitive market for international money transmission. You‘re probably losing out much more than $13+$15 on bad exchange rates in the process too, so you should definitely shop around for options. Chances are that the same transaction on Bitcoin, including conversion fees between your client‘s currency X and BTC, and BTC and your country’s currency Y (which you definitely will need, if not for food, then at least for income tax) is more expensive. |
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