I feel like we're due for an evil Canada arc.

They've always been so nice. Imagine they get really hardcore for a while.

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.

When you’re pricing #Bitcoin in a fiat contract that is being debased (slowly or quickly) you are thinking as a trader.

Ie - I’m going to trade my #Bitcoin (at some price) for a money that must be devalued further (at some point)

While you may win a short term on the “trade”, the truth is that #Bitcoin is repricing everything. (Just some things are holding their value better than others)

And picking up pennies in front of a steamroller is a pretty risky strategy in my humble opinion!!!