Cryptocurrencies are seen/been portrayed as a lasting solution to international and domestic payments. There are daily updates on companies that now accept cryptocurrency for payments.
This post is to find out how easy it is for you as a bitcoiners and/or Altcoiners to spend your cryptocurrencies in different countries/regions?
This is about real time payments, remittances among other uses.
Ill start.
Cryptocurrencies like BTC and Eth are some of the top 5 options for international and domestic payments in my country. You dont need to visit a bank or submit personal details to receive payments. The fact that Crypto payments are traded at the same rate as the countrys exchange rate, makes it a good payment option.
While cryptocurrency is very popular with online freelance, There are just a few number of local retailers that would accept cryptocurrency.
Maybe it is not about a specific country but you can pay for tickets or even consultancy or medical services online using crypto. Who knows but it seems that in the near future banks will lose their popularity and most of us will switch to bitcoin transactions. They are quicker, cheaper and secure.