Daily limit on my bank account for ATM withdrawals of $500. I have lots of business with this bank and they claim they can’t raise it. I could send my entire stack of BTC to anyone with no limits with no issues. Being stuck in a pre-Bitcoin world seriously blows.
Discussion
How many converts in Italy so far?
Zero. The language barrier in Rome was incredible. I couldn’t believe how little English was spoken (or desired to be spoken). Sorrento seems like a lot more English here. Maybe some prospects here.
Then you can also make many bank accounts. Get the max ATM withdrawal limits you can on all of them.
Yes, I could do that. That is the reason it blows. It should not be this way.
100%. It's a stopgap measure. As soon as any money hits the bank account, it can be divided up, withdrawn in cash and converted to bitcoin.
Of course. I keep near zero fiat already. It was a one time necessity for travel. It’s just very painful.
In that case, might I suggest looking into Wise.com? I think they can be useful for travel and I believe they have a slightly higher ATM limit. Again, just a stopgap.
To add the link : https://wise.com/help/articles/2899986/what-are-my-spending-limits