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Comment by jcburnham

Of course you can use SWIFT, at the cost of bank fees, opaque exchange rates and waiting a week. You could also take a briefcase full of cash on a plane.

Whereas with crypto, you get transparent fees/rates, transaction confirmation in minutes, at any time of day, with a permanent cryptographic record of payment, and you don't unnecessarily leak information to the recipient's local tax authorities.

parent jcburnham 4 years ago

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