Does Bitcoin have any logical legal use? (user search)
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  Does Bitcoin have any logical legal use? (search mode)
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Question: Does Bitcoin have any logical legal use?
#1
Yes
 
#2
No
 
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Total Voters: 33

Author Topic: Does Bitcoin have any logical legal use?  (Read 1629 times)
Mr. Morden
Atlas Legend
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Posts: 44,073
United States


« on: March 03, 2014, 01:02:06 AM »

I sometimes transfer money between my American and Australian bank accounts using Forex, which of course means paying a service charge.  Would I be able to get a better exchange rate if I, say, transferred Australian $ to bitcoins to American $?  I haven't bothered to look into it, but I guess it's possible that that would be cheaper.  Wouldn't have to pay any $ to Forex, but I'm assuming that bitcoin has its own user fees?
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