I just went to the post office in Portugal to ship a parcel to the US. Tracked at 700g it usually costs 25€. The postal agent told me I'm not allowed to send products to the US, only documents, and that if the parcel contains documents, the cost is 100€. She told me the new pricing has been in place since Monday. I don't watch the news..
That's not a 20 or 30% tariff, that's a 300% increase which clearly affects SMBs directly (once again) and is a deterrent to commerce altogether. Also looks like another excuse to print money, just 11 billion ya'know lol. Part of me is surprised at 100€ to ship less than a kilo of paper in the mail, another is like 'to be expected;' it's just fiat being fiat...
Looking forward to figuring out teleportation, in the meantime, this system is such a deterrent to human progress... 😑 Grateful for Bitcoin.