Submitted by Michael Krieger of Liberty Blitzkrieg blog [3],
The following graphic was put together by the folks at Promontory Financial [4] 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 Bitcoin side by with with a traditional bank wire as well as a credit card transaction. The results might surprise you...
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