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Title: Moving money Post by: pushing hard on September 17, 2013, 03:13:57 PM Has anyone else been using bitcoin to move money more easily? I learned about it a while ago and have started to use it to move money around.
It comes in handy in my line of work! ;D Title: Re: Moving money Post by: MightySpoon on September 17, 2013, 03:34:47 PM Definitely.
I'm residing in Japan for a couple of years, and occasionally have to send some money back home. I used to have to use wire transfers for that, and pay ridiculous ~$50 fees over a ~$2500 transfer. Now I just make a cheap domestic transfer to Gox, buy BTC and use a local Bitcoin service to deposit it straight to my account back home. Slightly less ideal right now due to inflated Gox prices, but still about twice as cheap (and fast!) as a wire transfer. |