The biggest crypto lending company is a ponzi scheme

Re:The biggest crypto lending company is a ponzi scheme by agleason on Thursday December 09, 2021 @10:04AM (#29498097)

If I need to move money between countries, it certainly is by far the easiest. Traveling in India trying to get my friend money has been an awful headache. With cryptocurrency, it's quite simple

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Re:The biggest crypto lending company is a ponzi scheme by ripe on Thursday December 09, 2021 @10:30AM (#29498436)

Have you looked into Hawala systems? Unofficial, trust-based money transfer agents can transfer money with a phone call. Have been doing it for decades in India, for sure, since before computers were common. Still works, and no need to risk volatile crypto coins or trust exchanges.

https://www.investopedia.com/terms/h/hawala.asp

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Re:The biggest crypto lending company is a ponzi scheme by criddell on Thursday December 09, 2021 @12:04PM (#29499935)

I actually might try this soon. I need to send my sister $20 in Canada. How can I make it super easy for my sister to receive the money?

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