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Replying to Avatar Lyn Alden

My husband is driving to the bank to try to sort out ongoing issues with wire transfers to our own account in Egypt.

We used to transfer with no issues but lately they have been blocked. And they don’t make it clear where it was blocked, so we have to talk to banks on both sides and triangulate where the issue is. It could be related to Egypt’s ongoing currency crisis since they’ve been doing some capital controls, but we don’t know yet.

And in the meantime we’ve been sending money via a remittance service instead, which is about 5x more expensive in terms of fees.

Fiat system is going great. Keep it up guys. Absolutely nothing to disrupt here.

8e
8ecad31c... 1y ago

Why?, why would someone w your deep insight into BTC still be even remotely trying to use tradfi for this instead of helping the “opt out” transition by instead educating those on the other end in Egypt on how they need and can opt out of fiat and receive BTC, USDT etc. instead?

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