Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
My husband is driving to the bank to try to sort out ongoing issues with wire transfers to our own account in Egypt.

We used to transfer with no issues but lately they have been blocked. And they don’t make it clear where it was blocked, so we have to talk to banks on both sides and triangulate where the issue is. It could be related to Egypt’s ongoing currency crisis since they’ve been doing some capital controls, but we don’t know yet.

And in the meantime we’ve been sending money via a remittance service instead, which is about 5x more expensive in terms of fees.

Fiat system is going great. Keep it up guys. Absolutely nothing to disrupt here.
3413❤️70🤙40💜4🧡3👍2👍🏻2
Satstack 𓆀⚡︎ · 136w
🤙
PaddleManJoe · 136w
Sounds like a good application for no KYC Bitcoin.
Deleted Account · 136w
The fiat system: https://media2.giphy.com/media/13d2jHlSlxklVe/giphy.gif?cid=2154d3d7kbpebsyc2dt39om7lk4zsqkcijgpyh5pyqtah17w&ep=v1_gifs_search&rid=giphy.gif&ct=g
jimbocoin 🃏 · 136w
IF ONLY THERE WAS A SOLUTION
BitcoinSandy · 136w
Good luck !
Mindaugas · 136w
Is it not possible to sell bitcoin in Egypt?
MRCX · 136w
https://image.nostr.build/bc58089415bcd79a9913efb712f7cdff4ae5b0624e992bee3cdef4c02fb7ee42.gif
ObjectiF MooN⚡️₿ · 136w
https://image.nostr.build/ff2d555163f291629707035a1cdb98de35a92b345c716720962bf6ee0834a38c.jpg#m=image%2Fjpeg&dim=1456x816&blurhash=iD9ik%5D%7D%3FI%3BI%3ARkEM9vI%3BWXt7xZs.oJn%25WBI%3BI%3BWCIqR%2B%24%25xGR%2BR%2Bj%5BoLkBjFn%25WWNcWXxGxZs.ayoea%7BWVoLoLR%2BR*R*R*&x=c584dea525b1dcaaa3836a195682e94ac9...
nostrich · 136w
I read this survival book once and supposedly only 2/10 people are 'get up and go', the rest 8/10 wait to be rescued. People have been found dead, still strapped in their plane seat after a crash, died waiting to be rescued. I think this is what we are seeing en masse right now right before our very...
deleted account · 136w
Maybe move to a civilized country.
Keith · 136w
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 information that you end up hamstringing yourself. Go trade some fiat for Bitcoin and give it to someone wh...
BUB · 136w
This is .00001% For the average American consumer they do not encounter this and don't have a care in the world. Venmo works!
₿harat · 136w
It would be great if Bitcoin or one of the L2 payment systems was an option.
nostraco.in hotbot · 136w
Your post is attracting a lot of attention. Added to the https://nostraco.in/hot feed
TIDE · 136w
How about using btc to transfer that money The Egypt banks work with bitcoin exchanges?
Dissident Sound · 136w
maybe i should go back to my home country of Ukraine, get drafted, and then complain why i can't buy the things i like in some frozen trench and conclude it must be Fiat at fault. or you could get a clue and realize that Egypt is a 3rd world country and things aren't supposed to work in any way sha...
Big Barry Bitcoin · 136w
Why are you not using bitcoin in the first place to avoid this problem all together?
nostrdamus · 136w
Might be related to this piece of news : https://www.bloomberg.com/news/articles/2024-01-11/jpmorgan-cuts-egypt-from-key-bond-indexes-as-fx-shortages-mount
Travellr · 136w
Banks are no longer fit for purpose
SovereigntyQuest · 136w
Not a shill for the company and I'm sure this will draw the ire of a few maxis but I've used this company before when other means haven't been practical. If it's of help it might save a few $ on fees and time if you're not already familiar with this company. https://wise.com/
Narwhal Tacos · 136w
Went through this w/ my daughter who was traveling in Romania, but VISA/Credit Card services had adopted a new “security” service that only existed sometimes in some countries, but no one I could get on the phone recognized it in the US. It was a joke, and honestly, Bitcoin didn’t solve it eit...
Cristina · 136w
Why not put it on BTC and if you need to turn it into fiat, do it at an exchange and forward it? Makes no sense to keep fighting the banks. This is the exact reason why I got into Bitcoin, as I experienced this exact thing, that is not really new. Bitcoin is the solution to this problem i have be...
Cormac · 136w
My normal reaction to a situation like this: 😂😭😂😭😂😭😂😭