If only there was a solution to avoid the encroaching regulation👀
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3Mo
@stefan_21 BTC ✅
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@stefan_21 Emigrate? This is absolutely not a problem that Bitcoin could solve, because the point here is that you want to send money to family members FREE OF CHARGE.
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•@Soprano You can with Bitcoin too :)
Simply use Lightning to send money around the world in seconds at almost zero cost.
Simply use Lightning to send money around the world in seconds at almost zero cost.
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@stefan_21 What does almost mean? There are always exchange and network fees.
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•@Soprano yes, in Lightning you pay a few Satoshis per transaction. So less than 1 cent :)
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@stefan_21 So I can transfer €10,000.01 there via Lightning and the recipient then receives €10,000?
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@Soprano Yes and no. Lightning currently generates around 4-5k€ in value. For more, you still have to use the main layer.
However, Lightning is already very suitable for smaller amounts.
Strike as a payment service provider already enables euro and dollar transfers to some countries, for example.
The way it works is that the euros or dollars are exchanged for Lightning - then sent around the world - and exchanged back at the destination and credited to the recipient.
I think this has a lot of potential for the future, but amounts as large as 10k upwards probably won't work at the moment :)
However, Lightning is already very suitable for smaller amounts.
Strike as a payment service provider already enables euro and dollar transfers to some countries, for example.
The way it works is that the euros or dollars are exchanged for Lightning - then sent around the world - and exchanged back at the destination and credited to the recipient.
I think this has a lot of potential for the future, but amounts as large as 10k upwards probably won't work at the moment :)
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