Hacker News Reader

Air travel provides actual value whereas Bitcoin provides what exactly aside from speculation?

Bitcoin provides an easy way to send money across borders. It's a hellhole if you want to get money across by using traditional banking system, because there's a lot of debt involved and the fees just skyrocket.

Can you flush out the details on this? I’ve wired money internationally and it was fairly simple. I understand that not all locations are able to receive wire transfers.

What are the associated fees and process times with sending 100 dollars with bitcoin including the purchasing and selling in order to complete the transaction of currency?

What countries does this end up being useful for?

Reply on news.ycombinator.com