Quote from: stompix on November 26, 2020, 01:27:48 PM

Quote from: gentlemand on November 25, 2020, 08:44:17 PM

Good point but I'm pretty sure you have a little man with shiny hair who turns up in a Rolls and does it for you if you're talking those amounts,

Hihi, yeah I doubt that there are millionaires or rather billionaires out there who are sending huge sums via their banking app Cheesy

Or they stay in line at 9 am and waiting for the bank to open.

But I find it fascinating how people cling to those extreme situations, sending money in another country outside the conventional banking system reach...I've never in my whole life sent a payment outside Europe except for two transfers to the US for my family business, that's two payments in 20 years!!! Why would the average Joe start to change his habits now and buy coffee directly from Brazil rather than the store 100 feet away?

Plus, when it comes to those payments, ignoring the coffee purchase which will never happen on how things are moving right now, how much is a conventional bank charging you to consolidate your ...inputs?
Bitcoin is great for a few things but payments, no,...transfer of value, that's another thing.

Quote from: bbc.reporter on November 26, 2020, 05:50:46 AM

He also ignored or he might be unfamiliar to the speculation that Tether, iFinex is loaning out USDT that might be the real reason for the pump.

Stop ruining the fun for everyone by mentioning the name that should not be uttered during a bull run Grin

#stompix - The fact that you never send any money internationally, does not say that 1000's of other people are not doing it on a daily basis. Wink

I have introduced Bitcoin to many emigrants and people working in my country from other nations. A lot of them are sending bitcoin home every week to their families. (The problem was on the receiving side, because a lot of those families are from 3rd world countries, but we managed to sort them out.) Wink

(Nice when you can buy things online... right.. even if you are forced to used Payment processors to allow you to do that)

I personally have bought lots of things with Bitcoin online... and I have transferred many coins to people all over the world. The few minutes I have to wait is worth it... because I do not trust centralized Payment systems. (I have been a victim of credit card fraud and my PayPal account has been hacked before, so it is a added bonus for me.)

It has it's benefits and it cons.. but it is 100% better for me...than having to trust centralized payment systems and even having to deal with them. (Bad Support) Roll Eyes