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Yes, I think cryptocurrency has a potential use case of cheap international transfers. I too faced issues living abroad and transferring money back and forth from the US. There are both flat fees, making small transfers expensive, and %age costs, since banks don't give you spot price for cross currency transactions but instead skim the spread between spot and whatever exchange rate they choose.

If the above doesn't sound correct to a reader here, then either you've never lived outside of the US or, please tell me how to transfer money via banks and not get fleeced.



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