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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.

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Narwhal Tacos 1y ago

Went through this w/ my daughter who was traveling in Romania, but VISA/Credit Card services had adopted a new “security” service that only existed sometimes in some countries, but no one I could get on the phone recognized it in the US. It was a joke, and honestly, Bitcoin didn’t solve it either.

The world of Money is Unravelling. We’re all orphaned.

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