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A comment on It’s easier and cheaper to use bank wires than Bitcoin. Parent comment

Re:It’s easier and cheaper to use bank wires than Bitcoin by turc1656 on Thursday September 29, 2016 @02:52PM (#12607841)
totally agree. the author of that article completely doesn't even mention the fact that his bank wire is already in the proper currency and doesn't require a currency conversion. currency conversion from your bank will definitely cost you money - min is 1% fee for the bank, usually a bit more. So while the banking wire is a flat fee, a currency conversion would have cost him a fair amount.

if he already owned BTC he would have avoided the first two steps and saved himself $180.

[ Parent | on HN ]
Re:It’s easier and cheaper to use bank wires than Bitcoin by wila on Thursday September 29, 2016 @04:16PM (#12608427)
> if he already owned BTC he would have avoided the first two steps and saved himself $180

and still ended up paying $20 more as for using a wire.

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