I have spent over 7 years working abroad. Over that period of time, I have found myself in countless occasions sending money backwards and forwards through different banks. As you are well aware, this means fees and long periods of time (up to a week ) to receive the money. In addition to this, you need to consider the currency exchange and how much premium the bank charges for transferring/receiving funds in a different currency.
A couple of days ago, @NFLsurvivor2024 posted the results after week 3 at NFL. As some of you may be aware, we are participating in a pool. Most of stackers are doing poorly and, if you fail with your predictions, you get eliminated. However, stackers can rebuy once if they are happy to continue playing a bit longer.
Recently, sybil fees have been changed and @NFLsurvivor2024 suggested to pay the rebuy option through a lightning invoice. I requested the rebuy option and, shortly after, I received the invoice in the comments. Only had to scan it with my wallet in Spain and sent the sats to someone in Canada.
In just literally a few seconds, I had the confirmation from his side that the payment was received and I was in again.
No fees, no long delays to receive the transaction, no currency exchange, no banks. Just p2p transaction.
Bitcoin fixes this!!
