Post
Topic
Board Press
Re: [2015-08-12] Bitcoin Being Increasingly Used by Tourists
by
galbros
on 14/08/2015, 07:09:50 UTC
Good and I hope it continues to rise. I really think bitcoin could become a multi-national worldwide currency. It's expensive to exchnage money abroad and even more so to withdraw from ATMs so bitcoin could really thrive here.

I think this is a potential key advantage.  If the costs of transacting in bitcoin can be brought down below 1% then it beats most ATM foreign exchange fees.  Potentially lower international payment fees along with no chargebacks are two of bitcoins obvious advantages over currenty payment systems.

I agree aso and Grand, more numbers in the article would be better and having the cell phone (for 2FA if not your wallet) be the center of your financail life is probably not too wise.