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by alkimie2 4295 days ago
Ask yourself, do you know someone with relatives or business activities overseas? Then ask them about their experiences about doing international financial transactions of any kind.

It is expensive, time consuming, and generally painful. Consider buying something on Alibaba using bitcoin. I'd suggest that bitcoin adoption which is beholden to no particular country, opens up opportunities as a consumer, and more options for finding the right supplier overseas for business.

I've lived in the U.S., Asia and the Middle East, and to me bitcoin answers, or potentially answers, my needs.

And much as I have mixed feelings about paypal, I use it often for ebay and other vendors for convenience. Assuming their fees are not too high, I would not mind using them as an intermediary into traditional bank accounts.