Quote:
Originally Posted by crucifissio
open a free GBP account with your bank...I have a USD one a Euro one and a CHF one and my local currency is dinar...I send 1000$ to my account I get 1000$ cash...1000CHF I get 1000CHF...
also b2b or b2c, both are customers...the one paying the other is a customer...and 99.99999% of them do not store money in bitcoin or chickens or gold...
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I do not use GBP. I use AUD.
Regardless of whether I trade the AUD at PayPal or at my local bank, I'm being charged a premium on the market rate for the currency exchange.
What do you not understand about the concept of being paid in a foreign currency resulting in a much higher fee for the end-user than Bitcoin would cost?
You've also not responded to the fact that PayPal are charging me out of the ass for that transfer. $160 USD to send money from one account to another: that's insane.