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With Bitcoin I recently sent a $30 transaction (non lightning) for around $0.05 in fees. That's 0.1%. It wasn't "low fee" either - it was confirmed within the next block. Bitcoin transactions are charged by the byte, so I could have sent a million dollars for $0.05 as well.

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Fees are $1.26 right now, domestic ACHs are largely free. What was your FOREX risk? Did you figure in that you now have to report your transaction on Form 8949, can no longer use TurboTax and will have to spend hours figuring out your reporting obligations or paying an accountant? If you're just going to break the law the rest of the calculus probably doesn't matter as much.

As of 2019, you can definitely use TurboTax to report Bitcoin transactions. And if you use Coinbase, there's deeper integration there, as well.

TurboTax Deluxe I assume? The up-sell cost does still have to be factored in, though it's good to know, thanks!

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