BitcoinOr A Bank? Here’sHowTheyStackUp
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SubmittedbyMichaelKriegerofLibertyBlitzkriegblog,
The following graphic was put together by the folks at PromontoryFinancial and is extremely telling. It looks at three ways in which a U.S. citizen might choose to go about sending a $1,000 downpayment to Europe for the purpose of renting a vacation home. They put Bitcoinsidebywithwith a traditionalbankwire as well as a creditcardtransaction. Theresultsmightsurpriseyou…
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