Cryptocurrencies
3 years ago
In connection with the total madness in the world and war, I am trying to leave the country in the near future.
The only reliable way to receive money now is Bitcoins and Ether. Honestly, before that I really didn’t like crypto money, but now it’s almost the only way (what an irony). What do you think of it? Can you buy commissions with cryptocurrency?
The only reliable way to receive money now is Bitcoins and Ether. Honestly, before that I really didn’t like crypto money, but now it’s almost the only way (what an irony). What do you think of it? Can you buy commissions with cryptocurrency?
FA+

https://www.furaffinity.net/journal...../#cid:59043879
this is a new low
1: Make sure you actually have an exchange which can convert your crypto into real cash for you. Given the increased difficulty of moving money into Russia, even exchanges that work today might run out of cash locally tomorrow.
2: There's unpredictable fees everywhere, and especially for small transactions this can end up completely wiping out the value of the transfer or even making it negative.
3: Given the volatility of crypto values, definitely cash out as soon as you can.
Nicoya is only talking in facts and I like that. Crypto is a possibility, but make sure you have a *reliable* way to turn it into cash with acceptable transaction losses.
2) There's a lot of work being done to make transactions a lot cheaper: Polygon, Arbitrum, & Optimism comes to mind. I've been able to get Polygon transactions done with < $0.01 in MATIC.
https://l2fees.info/
3) Stablecoins (USDC & USDT) are meant to keep their value pegged to the USD, so that they're always worth 1 USD. Other stablecoins exist as well, but those 2 are the largest in the space.
https://www.coingecko.com/en/catego.....usd-stablecoin