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worldofcoins
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November 17, 2020, 07:16:38 AM
 #41

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 Smiley

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

Bitcoin is an incredible and quickest approach to send or get cash. I had a similar encounter one of my customers was looking to send me cash.
He lives abroad so I request that he send me bitcoins.
He purchased the bitcoins and send me all the cash in one minute, he becomes stunned and getting some information about it he starts taking an interest and assume its a magnificent strategy to send cash worldwide with no additional charge.
I am happy that your companion takes an interest as well, we can say we have another customer now.
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November 17, 2020, 07:39:25 AM
 #42

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 Smiley

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
Of course it is amazing that you could send bitcoin almost instantly from one country to another. Hope he didn't have to pay those crazy fee when the network was congested. But, yeah you all probably had to pay premium price for instantly buying bitcoin and instantly selling selling it for fiat (conversion fees are crazy) through ATM withdrawal (or did you do bank transaction? They do have some delays sometimes).
It is easier for smaller amount of transfer, but when it comes to huge amount, you might face some problem when trying to convert BTC to fiat.

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November 17, 2020, 07:49:03 AM
 #43

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 Smiley
Good thing that His willingness to help gives him opportunity to encounter and use bitcoin and now as he had already experienced amaze is what he got?

this is the thing that many people are missing,the denial of giving a shot and they will satisfy themselves for sure.
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
Lucky that the congestion is already over when he send you because if not?maybe another delay happens .

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November 17, 2020, 08:01:43 AM
 #44

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 Smiley

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

Cool, you implement and take advantage of a peer to peer transaction from Bitcoin. In this case, the existence of BTC really helps us to make money transfers quickly and the transaction fees are cheap. It is very different if we use third parties like those used by the banking system, they will charge service fees ranging from $ 25 to $ 35 for a single transaction depending on the policies of each bank. And also usually there are problems in sending using the bank, namely the amount we send does not match the amount received by the recipient, because there are a lot of costs when the money is on its way to the recipient's bank. This makes us very uncomfortable.

Very happy that I can live in the era of cryptocurrencies that can be a solution to this problem.
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November 17, 2020, 12:15:02 PM
 #45

Glad to know that you experienced one of the many benefits of bitcoin — not needing a middleman. It's direct, fast, less hassle. I hope your friend continue to patronize bitcoin because that's not the only benefit bitcoin can give you. Maybe you can help your friend explore it more. Wink


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.
I started with bitcoin when I was a student, too, and I have to admit, I liked it better than banks. I think it has greater returns especially when you just wait, and hold and the price suddenly booms. Transaction fees can sometimes be a pricy but at least it's fast. Wink

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November 17, 2020, 12:24:21 PM
 #46

Indeed, in many urgent situations bitcoin is much more profitable because it is easier to exchange money and transact remotely with bitcoin. This should be the government's concern, so that the payment system or international transactions becomes easier and faster.

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November 17, 2020, 01:56:57 PM
 #47

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!

Yeah, Bitcoin and crypto are plenty of opportunities for people. May be nowadays who use crypto often and such transactions are like some ordinary things, have forgotten the taste of first transaction and some kind of freedom that we got with it, but this story reminded us what the most bright benefit crypto gave to lots of users.
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November 17, 2020, 02:08:39 PM
 #48

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 Smiley

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
yep, this is one of the strengths of Blockchain technology and it is also one of the reasons people want a decentralized bank based on Blockchain technology. And as you can also see, illegal money makers can completely launder money on the Blockchain platform with ease.  This is also one of the reasons why Bitcoin cannot be Viral when it is so useful.


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November 17, 2020, 08:48:01 PM
 #49

That is really one of the most amazing benefits that Bitcoin can offer when it comes to services concerning transactions for you do not need any bank issue concerns even if the case is that you both are having different banks and cannot be able to send money directly due to bank's terms and policies applied that transactions must be done on the same bank services. With Bitcoin, it will be just seamless and fast concerning no third party to make the transaction be processed and successful plus the concern is the time and range wherein on money transfer with banks can take so much time and sometimes needed for a money remittance center to be able to send money overseas with higher fees. With Bitcoin all of that is solved which makes it a lot more convenient compared to banking system. That is just some of the benefits that Bitcoin can provide and it is really amazing that people is starting to realize how great Bitcoin is based on the case of the OP.

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November 25, 2020, 12:06:58 PM
 #50

when the country supports the existence of crypto money, it is likely that someone will be interested in trying to invest In addition to a fast transaction process, bitcoin also has a high selling value so that their opportunity to find income is more guaranteed.

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November 25, 2020, 01:20:08 PM
 #51

Bitcoin had helped me a lot this pandemic. I almost spent all my savings in bank. Its good that I earned bitcoin through campaigns. Its good that I am using coins.ph app, I sell my bitcoin to convert it to our local currency. It helps me buy our daily needs during quarantine period.
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November 25, 2020, 07:06:34 PM
 #52

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 Smiley

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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Lol

But, due to the volatility and confirmation time,
Why do you choose bitcoin rather than stablecoin, for example usdt trc20.
Low fee, stable, and faster.

I know this is bitcoin discussion board, I am bitcoin fan too.
but I am just trying to be more realistic.
CMIIW, maybe I miss something on this.
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