> I send money overseas cheaply, easily and instantly all the time. Without Blockchain.
Really? I live in Canada and bill US customers for 6yrs and I've yet to find a solution for this that isnt awful. It's either slow, not practical for large amounts, very expensive, or requires tons of paperwork and special bank accounts not easily attained.
So by all means please share your solution for this. It'd be a massive industry if you found one...
Which service do you use? What are the fees? Between what countries?
It doesn't exist apparently. No reply to 3 people. He probably Venmo'd $5 to someone and thought it was a solved problem. Not a real solution to real significant cross-border money transfers.
There are a bunch of options out there:
https://www.nerdwallet.com/blog/banking/best-ways-to-wire-mo...
And more all the time; it's a hot area for startups: https://www.wsj.com/articles/fintech-startups-seek-to-shake-...
So it's entirely plausible there's a solution that works well for him already.
Online transactions without fees? Bitcoin still has fees.
I send money overseas cheaply, easily and instantly all the time. Without Blockchain.