News for hackers. Stuff that matters.
Re:Shorting Bitcoin by anthony_barker on Tuesday June 29, 2021 @05:18AM (#27673588)
Send money to chile and wise charges 5-8%. They mostly only good in OECD countries. Plus they don't support sending money out of hundreds of countries.

I figured that they changed their name to wise as their transfer business was not profitable in anticipation of their ipo.

People who don't get crypto typically live in countries with not corrupt or inept government officials.

Re:Shorting Bitcoin by peteretep on Tuesday June 29, 2021 @06:01AM (#27673856)
I don’t believe conversion from fiat in home country + transfer fees + conversion to fiat again in Chile costs less than 5-8% except for very large transfers.