Today, a person can send money to anyone in the world immediately without having to go through the hassle of what I experienced. It has happened in many parts of the world. You can transfer money via WeChat, Whatsapp, and even Facebook Messenger right now.
Good point and one that is seldom mentioned.
Not many people seem aware of the fact that socialist governments like cuba charge upwards of 50% tax fees on wire transfers which move money into their country. Looking at the regional price of bitcoin--there is often a correlation between nations like africa who are willing to pay higher prices for bitcoin, and high taxes or fees imposed by central banks or states. We've seen many spam comments on this forum where people complain if they have to pay $5 transfer fees with bitcoin. I can't imagine how those people might react if they had to pay a 50% tax.
The advantages bitcoin and other 3rd party payment applications have in moving money across borders "sometimes" without incurring the heavy surcharges and taxes imposed on wire transfers is one of bitcoin and crypto currencies most under emphasized advantages. It might be fair to say the system is broken in ways with crypto currencies allowing people a means of avoiding worst case scenarios.