If you find the draw of Bitcoin hard to understand and are of the engineer bent, try this on: Bitcoin refactors money to be a service shared among all countries. Your money is no longer coupled to your nationality.
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Western Union to what? Step one is establishing a bank account. I couldn't do that. There are two use cases: sending money to some entity that exists in another country, and getting own money out of US. I want to do 2. Agree 1 is relatively easy (but could be even easier)
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@chamath has a great talk about 2 - https://www.youtube.com/watch?v=NV5ubkGQUes …. Western Union works, but could still be far better. Fees are high, and using Western Union in many places is physically dangerous. - 4 more replies
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