Re:MasterCard to open up network to cryptocurrencies
by mancerayder on Thursday February 11, 2021 @01:58PM
(#26105656)
Forget million and billions. Hasn't anyone on this thread lived and worked abroad? Transferring 10s of thousands from the US to the EU or vice versa costs a ton in the banks skimming off the back of exchange rates that they choose and fees. There are ways to do it via trading accounts but it's a pain.
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Re:MasterCard to open up network to cryptocurrencies
by louloulou on Thursday February 11, 2021 @02:23PM
(#26105920)
It's actually pretty cheap and easy these days with a transferwise account. But I agree, it used to be a massive pain, and still is for smaller currencies or more closed-off banking systems like japan.