Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by kwanbix on Monday February 08, 2021 @10:25AM
(#26065745)
I send 1000 euros per month to another person on a monthly basis using an app called Remitly. It charges me a fixed fee of 3.99 IIRC. It arrives within the hour to her bank account. 24 hours at most. There are many others like it, Azimo, and even WU has an app. I don't see what is so special about what you say or I am missing something.
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by qqii on Monday February 08, 2021 @10:59AM
(#26066228)
> unbanked
Imagine the same situation but the other person doesn't have a bank account.
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by GizmoSwan on Monday February 08, 2021 @11:12AM
(#26066383)
How are they cashing bit coin to eat?
The conversion has occur somewhere or they whole world has to accept bit coin and participate in tax evasion schemes by being so called unbanked.
There is limit to bit coin usage and alike and they will eventually hit the limitation and regulation.
The unbanked people are not buying Tesla. They will pay the tax.