my situation with bitcoin how it helped me real use case today

[cryptoboss2020]

so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

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[Anonylz]

so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

First time experience I can see and am glad everything went well despite it is the first encounter with btc between you and your friend, this is why many btc lovers are in favour of it, fast transaction without the middleman,
Am glad he sees positive in btc, I hope he will share his experience with others to understand the simplicity of using btc as an alternative means of transferring funds, experience is the best teacher they say.

[Chris Barth]

Heard about the first bitcoin transaction? This is the exact reason why bitcoin was created. Most people think it's about making money. Nah! I'm glad you just had a taste of it. The bank could have asked you to bring documents an all but, thanks to Satoshi Nakamoto!

[sunsilk]

It's truly amazing that you can receive it without using any third party. I guess you and your friend would love to have and use bitcoin most of the time when you're going to send money to each other.

You can sell and convert it to cash anytime you want but it's best if you'll keep it as it is. Let your friend know more about bitcoin and give him the tutorials that you know that you can find in the forum. Didn't he have difficulties in making a wallet, loading it with bitcoin and sending it if he has never made one before?

[GreatArkansas]

That's nice to hear that he/she bought Bitcoin using the bank account in his/her country. I hope some people will also try this one, we all know a lot of people are afraid to use BItcoin, especially in this case, transferring money from another country which in some cases especially different countries, it is really difficult and transaction fees may too much.

[Expecto]

It is really awesome that Bitcoin has a peer-to-peer cash system. You can send money as Bitcoin to anyone, anywhere in a very short time. There is no need for a bank account. I believe that the powerful and easy-to-use features of digital currencies will be understood by more people day by day and it will speed up the process of leaving fiat for digital currencies in the future.

[ultrloa]

so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

This is just the basic thing what bitcoin can offer and discover more since for sure you and your friends will love more the opportunity that can possibly accumulate if you and your friends will explore more the bitcoins and cryptocurrency. For now focus on watching the market and make yourself knowledgeable about trading.

[Fatunad]

so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

So youre the one who had told him about bitcoin or buying up one for him to set out to you?
This is one of the benefits or pro's of bitcoin where you can sent of coins without any need with having similar banks or what.

As long you do give out your address then you would make out transactions a easy as it can.This had been on of the main factors
on why bitcoin is getting recognized.

[Oasisman]

I wonder how much miners fee did your friend set up to get confirmed the same day. Since transaction fees today are so damn high, and I'm surprised he didn't reacted so much (I assume since you didn't mentioned about it) about how expensive it was to send Btc from other address.
Nevertheless, that's a good thing hearing someone learned about how Bitcoin help bridge the gap of traditional banking system.

[EdenHazard]

so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

Glad to hear stories like this , even with the current high fees in bitcoin still beat the western union transfer fee and any other outdated payment processsor , time consuming... that the most important part when you use a traditional bank to transfer overseas.
As time goes by i told you guys .. the people needs in bitcoin will increased , the popularity will get boosted and we are stepping in a new phase of mass adoption now though.

This type of first impression needed to Introduce the whole concept of decentralized finance to the newcomers. Im happy for you and your friends.

[Rengga Jati]

One of the benefits of using Bitcoin is like that, as a means of payment and transactions globally without a complicated way. In this case, if you use the transfer system through an inter-state bank, of course, you have to go through a series of systems and there is a possibility that it will not arrive on the same day.
Hopefully, more people will realize the benefits of Bitcoin.

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

I'm pretty surprised that he could directly use the BTC transaction and send it to yours. Probably he used a local exchange or event buying in the P2P market. However please note that your friend should be careful when sending the BTC, moreover he is new, Anf course, You will need to guide them first. And he is better to choose the easy exchange display.

I wonder how much miners fee did your friend set up to get confirmed the same day. Since transaction fees today are so damn high, a

You are right, the fee is so high and it led me not to transfer my BTC into the local exchange yet. For, it will require a high fee that will really
but of course here, much fee us needed to pay the fees

[Ayiranorea]

Now and then people are getting into bitcoin usage through different means. Some get into bitcoin out of need, some start using it understanding the truth and goodness of bitcoin. One way or other everything contribute to the growth of bitcoin and making decentralized operation effective against the corrupt centralized system. What we see with people using cryptocurrencies is a beginning to the transition toward a decentralized community.

[Darker45]

This was also my thing when I was working abroad for a few years. Sending money back to my home country was never as convenient as when I was using Bitcoin. I started using remittance centers and banks which gave me a lot of hassle, time consuming, and most of all expensive.

I believe Bitcoin's utility is very strong in cross-country transactions, especially involving relatively large amounts. My fellow expat workers back then were also Bitcoin users due to this factor. 

[goinmerry]

so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

Correct me if I'm wrong here but buying and selling Bitcoin Exchange requires KYC especially when the payment method involves Bank payments. There's no 1-day process KYC approval in exchanges. Or maybe your friend use an ATM or instant exchanges?

Can you share the method?

But the more important thing, that's great that you were able to teach your friend to use BTC instead.

But here in our country, or to be specific, what my relatives abroad use in transferring money, they now have an application used wherein sending money here is 1-click. The recipient will receive their money thru banks and it was really fast and almost instant compare several years before that it takes a week. But I think the availability depends on the supported country.

[molsewid]

I wonder how much miners fee did your friend set up to get confirmed the same day. Since transaction fees today are so damn high, and I'm surprised he didn't reacted so much (I assume since you didn't mentioned about it) about how expensive it was to send Btc from other address.
Nevertheless, that's a good thing hearing someone learned about how Bitcoin help bridge the gap of traditional banking system.

I wonder too. But I think as long as the goal is achieved now, the sender didn't care for the fee because it's for a friend that needs the money as soon as possible.

The receiver should explain more about the bitcoin fees to encourage their friend to use bitcoin regularly in a transaction like this. Even if the sender thinks bitcoin is amazing, the sender will remember the fees so high, and I'm sure if it's not urgent, the sender will find another method to send money with a lesser transaction fee.

[Warkop]

so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

I think this is the best way for him to use bitcoin and not use a bank to send money, so this way he doesn't get a big cut by buying Bitcoin to transfer you, but what confuses me is, you say your friend never uses Bitcoin then how does he know Bitcoin and how to transfer it? whether he asks other people to tell him how it works or you tell him how to buy and transfer Bitcoin, if you teach him how to buy and transfer, it's really a very good lesson for him to know how to use Bitcoin which is easy compared to banks.

[Lorence.xD]

Good for you experiencing the wnders of decentralized currency. I had mine a while back, really needed the money to buy some necessity, banks are intimidating for a student like me. The wonders of bitcoin never stops to amaze me, I am currently saving to have funds for trading and investing. There are transaction fees though, but this is not an inconvenience as the fees in my country is minimal and not that eyebrow raising because they are transparent with their transaction.

[Wexnident]

Well, not only that, it's really quite helpful whenever I need to pay some stuff, and Payment via Bitcoin is available. There were times back then when my card was unavailable, so I had to find some other ways to pay for stuff I want, glad that they really accepted Bitcoin back then since I was really bothered with how I was going to pay back then.

I have my card now though so I just really use Bitcoin for hodling instead now. Still, this proves the wonders of Bitcoin since as long as the merchant accepts it, it basically removes any type of limit that you have, whether it be a limit due to where you live, or a limit due to having access to less methods of payment.

[davis196]

so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

That's great.Did he pay a big transaction fee for sending the Bitcoins and what service did he use to buy Bitcoin?I assume that he paid horrible fees just to buy and send BTC,but I hope that buying BTC with fiat will become way cheaper in the near future.
Having different banks in different countries doesn't seem like a big problem to me.He could have used remittance services like Western Union or Moneygram.
However,it's always great news to know that one more soldier joined the Bitcoin army.

[oktana]

Great! Amongst the advantages of bitcoin, this happens to be my favorite. Being about to transact with people across the world. Since I got to know about bitcoin, I've worked for different people who I never knew in person, and they always paid in bitcoin(though the fee can be a challenge) or in other cryptocurrency.