Re:Coinbase Wants to Be Too Big to Fail
by CaptainZapp on Friday September 28, 2018 @08:53AM
(#18092894)
Within the EU (and some associated countries) there's SEPA [1]
I can send my brother in Belgium Euros from Switzerland and the transfer is effectively free (depends on the bank. Some banks charge marginal fees, usually < 1EUR).
Before that it was rather expensive to transfer money to bank accounts in different countries.
This seems like a problem that has already been mostly solved
I agree. But apparently not for people who see governments as evil and fiat money issued as essentially worthless. And yes, I scratch my head about those folks.
I can send my brother in Belgium Euros from Switzerland and the transfer is effectively free (depends on the bank. Some banks charge marginal fees, usually < 1EUR).
Before that it was rather expensive to transfer money to bank accounts in different countries.
This seems like a problem that has already been mostly solved
I agree. But apparently not for people who see governments as evil and fiat money issued as essentially worthless. And yes, I scratch my head about those folks.
[1] https://en.wikipedia.org/wiki/Single_Euro_Payments_Area