Re:Bitcoin not for me, says Bill Gates
by rantwasp on Thursday February 25, 2021 @10:51PM
(#26271189)
1) it’s not 30$ for all transactions
2) how much time does your international wire transfer take to clear? can you do this transaction anywhere in the world where you have an internet connection?
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Re:Bitcoin not for me, says Bill Gates
by Rebelgecko on Thursday February 25, 2021 @11:55PM
(#26271490)
For your last question, not only is the answer "Yes", I think the wire transfer wins on flexibility because there's several fallback options for when you don't have an internet connection.
If you want the ability to globally transfer funds the answer is no. Within a single relatively homogeneous economic zone, sure it is easy. Once you move beyond that it becomes a huge PITA.
Re:Bitcoin not for me, says Bill Gates
by kube-system on Friday February 26, 2021 @12:11AM
(#26271563)
When I bought my house here in the US, the wire transfer was quicker than it took me to drive across town to my real estate agent's office, and I sent it via fax.