Damus
Keith · 121w
Hi Lyn, I’m a fan. Listened to you be interviewed several times, bought your book, etc. In my experience, oftentimes highly intelligent and experienced people such as yourself have so much informa...
Lyn Alden profile picture
The point of my post is not to complain. We're doing workarounds and the fees are no problem for us personally. The point is to highlight the clunkiness of how things currently work.

Egypt doesn't have a lot of bitcoin liquidity yet (unlike say, Nigeria) so any fiat-BTC-fiat solution is likely to be expensive and with insufficient volumes.

I do venture funding for solutions to problems like this, but they take years to build and scale, and Egypt is not at the vanguard of them.
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frphank · 121w
The barriers you're experiencing in the fiat system are there to keep your shithole country at arm's length from our pristine civilized world. It's not a bug, it's a feature.
wymike · 121w
I had a similar issue sending money to Sri Lanka. A transfer that used to take 2-3 days was missing for over 2 weeks which took multiple phone calls to find out where it was and why it wasn’t where it was supposed to be. It’s easy to overlook the fact that there are a lot of places where the ...
Keith · 121w
1. Have you heard the argument that bitcoin is halal and that fiat is haram due to the fact that inflationary monetary policy is akin to paying interest? I don’t think that’s a stretch at all, but I’m not Muslim, so what do I know. 2. OMG Lyn Alden replied to my note on Nostr! I’m a giddy ...