After my 3 years in this space, I moved to another country and when I realized how hard it was to transfer my money from one country to another by traditional banking, I was totally baffled. "Why!?!?!"
You are viewing a single comment's thread from:
Because everything (you, your property, your money) belongs to your government.
:-( true
Sad but true!
Because everyone needs to make money when you move your money.
I was used to Steem to SBD and I thought things moved around a lot easier. I could easily send $100 to a friend in Venezuela. I thought that must be harder by a bank but not THAT much harder. I think it's actually impossible lol
International laws... I guess.
yeah I understand that, it just seemed really silly considering how interconnected the economies have become
I had a similar issue when doing some freelance work outside of US. The fees for transferring my pay to me was almost 45% instead they set me an in house account and eventually crypto entered their eyes of course that is how I entered crypto.