Re:Is This the End of Crypto?
by runarberg on Thursday November 17, 2022 @01:42PM
(#33643554)
Maybe that is true of transferring money between USA and Russia, or between USA and the EU, or the USA and any other country outside of Canada and Mexico, but there is no reason that the UK and Argentina don’t have a bilateral agreement in place that would make transferring money between the two countries quick, cheap, and easy.
[ Parent
| on HN ]
>there is no reason that the UK and Argentina don’t have a bilateral agreement in place that would make transferring money between the two countries quick, cheap, and easy.
This may be true but the fact is there is no such agreement and therefore the friction remains. Crypto at least provides a universal low friction option to everyone with no need for disinterested political groups to spend precious time to take action.
Re:Is This the End of Crypto?
by quickthrowman on Thursday November 17, 2022 @02:13PM
(#33644066)
The UK and Argentina don’t have the greatest foreign relations, the UK defeated a murderous Argentine dictator in the Falklands War and then the dictator was removed from power.
Argentina thinks that was bad for some reason.