Bitcoin in Real Life

kyusho(68)

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#bitcoin

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Argentina

I have been running my international organization for over 20 years, in 45 countries. I travel to several each year and have trade with 245 locations in these countries on a continual basis.

Over the 20 years I have watched the international exchange and banking rates between all of them as well as first person handling. The old system is so broken, most people do not understand as they only deal in their own countries currency and have not recognized the dire issues that are only getting worse.

This is an email I just received from an Argentinian Affiliate, I will remove his name from the quote:

"Hi Evan, how are you? My country is with a government closed to the world, a disgrace to all, but it is what most chose, it seems still closed the operations with Paypal in my country, so, we can not make payments, I saw on its page there are crypto I already put Martin Perez to find out about this form of payment in my country, sorry, I will try to find a solution.
They also put a tax on tourism and everything purchased abroad of 30%.
Saludos".

This is not isolated as many countries are under increasing stress, devaluation and control. The saving grace are the Cryptos. No Bank control,no government control, negligible transfer fees and if they already have Crypto, no exchange fees. Now I work heavily with PayPal for over since they began, and have enjoyed its flexibility until the last 5 or so years. Rates have escalated, charge backs have escalated (even on instantly delivered digital goods, for which I am just out of luck)

The fees are getting extreme as well, here is a small order for $30.00 (USD) in Paypay from another customer in another country:

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Now these fees are seemingly inconsequential, but I assure you with volume,they are noticeable. But in comparison, they are absurd. Bitcoin (obviously not the most efficient Crypto), these are small incomes, they escalate with seminar income or airfare, just look at this one for a bit more:

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These fees are non existent in Cryptos

So if you use others like Litecoin or Digibyte, you are only being charged for pennies... far less than this Bitcoin transaction. So for any merchant (especially in international trade), Crypto is by far the best rate... and no chargebacks!

But the real story here is....

Countries are banning and controlling international trade at an alarming rate, the cryptos are the only way forward for many people in many countries.