Zaps ⚡️ are HELLO! 💜

"Give us your exact time of birth, your mother's maiden name, a strand of hair of your firstborn, a stool sample and some DNA."

⚡️💟

It’s true, had to wire $10k+ to florida. Took 3 days and a $30 fee. I could have drove it there in 1 day 😂

I was working with them for 5 years. I cannot believe that this is the layers that actually exist and transfer value.

You don’t have to ask anyone for permission to participate in Bitcoin. There is no page to sign up, no company in charge, no government agency to send application forms to. Simply generate a large number and you are pretty much good to go. The central authority of account creation is mathematics. ...

Always have been

Well hey, at least the funds are "insured".

Why is every government solution to a problem something that infringes on the 99% of people who are not doing anything wrong

„You‘re paying <online service> via credit card? That‘ll be 2% processing fee.“ „You’ve switched to paypal via credit card to avoid the 2%? Clever, that‘ll be 1% foreign entity transaction fee instead.“

just like legacy social media!

Legacy bitcoin payments or legacy legacy payments? Lol

“Type your 12-digit account number here. No copy/paste allowed, just type it with typo if needed, we’ll charge you a fee if it’s wrong”

YES

Personal anecdote... People who have never tried to wire money to someone in another country, or send a "large" amount of USD (like $2k+) to a friend, probably just don't understand the major restrictions and headache of legacy banking system.... I have a friend from Mexico, who is not a permanen...

Hell on earth. In 21st century it takes days to transfer money from one bank to another international. Plus heavy fees. Who would be using it?

"What is the payment for?"

I wire payments to factories in China for product and it cost $45 per wire and 48 hours to clear.. I recently had a wire rejected because I was only able to input 8 of the 12 words of the factory name in the Bank of America name field. Think about that? The routing number was tied to a factory name ...

Tell me about it. Been waiting on 5k euros from Spain since Friday 🤦‍♂️

The fact that they can charge 30% credit card interest rates made them EVIL af

Bitcoin fixes this.

Ive been trying to pay an overseas contractor and it's taken over a month and still not arrived in their account even after doing all the required KYC/AML BS. Unfortunately they live in Pakistan where BTC is illegal.

Yes. I am using PayPal for my Business paying people all over the world. Since 2 month i am not able to pay directly in the foreign currencies (i used my credit card for currency exchange because it’s the lowest fees). Now PayPal is making the currency conversion and taking ~5,5% from me (credit c...