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by EvilLook 4783 days ago
>Turning btc into a useful currency in the US and Europe is about as easy as its going to get.

But good luck trying to get the value out that you put in. Dollars and Euros are relatively stable compared to bitcoin. There is a much higher guarantee that you're going to get the same value out that you put in with Dollars or Euros compared to bitcoin. Bitcoin looks like a great investment until you actually try to turn it back into dollars or euros.
1 comments
knowaveragejoe 4783 days ago
Furthering my point. Using Bitcoin to transfer large sums of wealth across borders without being tracked is by all measures almost impossible, unless you're in bed with an exchange and they'd be willing to take that risk.
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EvilLook 4782 days ago
At some point, if you're trying to move a lot of money, it's cheaper to buy tickets for multiple people and split the amount of cash they can carry to some fraction of the maximum amount allowed out by law and then combine on the receiving end. If you're a powerful enough person (or dangerous enough) you can probably compel them to cooperate either based on compensation or intimidation.
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