#WireTransfer

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Kevin Karhan :verified:<a href="https://infosec.exchange/@katrinakatrinka" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@katrinakatrinka</a> <a href="https://universeodon.com/@digyoursoul" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@digyoursoul</a> OFC, take your time...I just think <a href="https://en.wikipedia.org/wiki/Monero" rel="nofollow noopener noreferrer" target="_blank">Monero</a> is the least worst <a href="https://infosec.space/tags/Crsptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Crsptocurrency</a> because it's not some <a href="https://infosec.space/tags/Shitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Shitcoin</a> with artifical scarcity, long transaction times, high fees and <a href="https://infosec.space/tags/NFT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#NFT</a> garbage!<ul><li>In fact, it's inherently incompatible with <a href="https://infosec.space/tags/SmartContracts" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SmartContracts</a> and <a href="https://infosec.space/tags/NFTs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#NFTs</a> per design, so all the <a href="https://infosec.space/tags/CryptoBros" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CryptoBros</a> hate it!</li></ul>Given how much <a href="https://infosec.space/tags/PaymentProcessors" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PaymentProcessors</a> like <a href="https://infosec.space/tags/PayPal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PayPal</a> can change and outside <a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SEPA</a> there isn't a good & fast <a href="https://infosec.space/tags/WireTransfer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WireTransfer</a> system, it's growing in adoption.<ul><li>Espechally since it's the closest to digital <a href="https://infosec.space/tags/cash" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#cash</a>!</li></ul>

Kevin Karhan :verified:<a href="https://vixen.zone/@lua" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@lua</a> I guess you ain't in the <a href="https://infosec.space/tags/EU" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#EU</a> where <a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SEPA</a> <a href="https://infosec.space/tags/WireTransfer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WireTransfer</a> just works and/or have cliebts outside the EU...

Kevin Karhan :verified:<a href="https://sizeriot.com/@aborigen" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@aborigen</a> the evenbshittier part is when one can't avoid <a href="https://infosec.space/tags/ValueRemoving" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ValueRemoving</a> <a href="https://infosec.space/tags/Middlemen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Middlemen</a> like <a href="https://infosec.space/tags/Stripe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Stripe</a> or <a href="https://infosec.space/tags/PayPal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PayPal</a> because even big-ass <a href="https://infosec.space/tags/GAFAMs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GAFAMs</a> are either unable or unwilling to facilitate <a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SEPA</a> <a href="https://infosec.space/tags/WireTransfer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WireTransfer</a>|s instead.<ul><li>Which is really absurd because those are cheaper, faster and simpler.</li></ul>My recommendation would be to <a href="https://nowpayments.io/all-solutions/individuals" rel="nofollow noopener noreferrer" target="_blank">go with</a> <a href="https://infosec.space/tags/NowPayments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#NowPayments</a> (yes they also settle in fiat!) cuz they have <a href="https://nowpayments.io/all-solutions/adult" rel="nofollow noopener noreferrer" target="_blank">no issues</a> re: NSFW content.<ul><li>Sadly <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Monero</a> is the only truly global payment option on the market.</li></ul>

Kevin Karhan :verified:<a href="https://berlin.social/@mina" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@mina</a> <a href="https://mstdn.social/@Nickiquote" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@Nickiquote</a> not only that, but anything that even closely resembles <a href="https://infosec.space/tags/cash" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#cash</a> in terms of <a href="https://infosec.space/tags/anonymitiy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#anonymitiy</a> anf <a href="https://infosec.space/tags/fungibility" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#fungibility</a> like <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Monero</a> gets criminalized. <ul><li>Not to mention cash just works and IMHO curbing on it's use is inherently bad, to the point that I thing the <a href="https://infosec.space/tags/ECB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ECB</a> should make an <a href="https://infosec.space/tags/ES2" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ES2</a> version of the <a href="https://infosec.space/tags/500EuroBanknote" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#500EuroBanknote</a> as the rising <a href="https://infosec.space/tags/Greedflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Greedflation</a> makes it more "necessary" than before...</li></ul>People who argue one doesn't need cash because <a href="https://infosec.space/tags/card" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#card</a> and <a href="https://infosec.space/tags/NFC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#NFC</a> <a href="https://infosec.space/tags/payment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#payment</a> and <a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SEPA</a> <a href="https://infosec.space/tags/WireTransfer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WireTransfer</a> exist would also argue people don't need <a href="https://infosec.space/tags/PressFreedom" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PressFreedom</a> because they can write <a href="https://infosec.space/tags/LettersToTheEditor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#LettersToTheEditor</a>... <ul><li>TBH I think that cash should be enshrined as acceptable payment methods, as the only exceptions I know [i.e. <a href="https://infosec.space/tags/RealEstate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RealEstate</a> and <a href="https://infosec.space/tags/CarRental" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CarRental</a>] are grounded in <a href="https://infosec.space/tags/security" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#security</a> concerns: </li></ul>Most car rental places don't want to handle cash and demand <a href="https://infosec.space/tags/KYC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#KYC</a> for insurance reasons and most banks and notaries (who also have to do KYC & <a href="https://infosec.space/tags/AML" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AML</a> anyway!) have less money onsite than the average Supermarket has in a single cash drawer and don't like having that much stuff onsite anyway.

Kevin Karhan :verified:<a href="https://infosec.exchange/@SpaceLifeForm" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@SpaceLifeForm</a> TBH, all <a href="https://infosec.space/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#currency</a> - even antique <a href="https://infosec.space/tags/metal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#metal</a> <a href="https://infosec.space/tags/coins" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#coins</a> - is based off <a href="https://infosec.space/tags/fungibility" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#fungibility</a>. <ul><li>That's why <a href="https://infosec.space/tags/BurgerKing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BurgerKing</a> in <a href="https://infosec.space/tags/Germany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Germany</a> accepted <a href="https://infosec.space/tags/USD" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USD</a> and not just <a href="https://infosec.space/tags/Euro" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Euro</a> and would happily sell me a Cheeseburger for a $5 note just as with a €5 note ( they only exchanged in Euro but that's beyond the point).</li></ul>The reason why I can't even buy fries with 5.000 KPW [North Korean Won] has nothing to do with North Korea, but entirely with the fact that noone wants that money.<ul><li>And that fungibility is why the <a href="https://infosec.space/tags/USD" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USD</a> is even relevant and why the <a href="https://infosec.space/tags/Euro" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Euro</a> is stable: Because you can actualy buy shit with it.</li></ul> <a href="https://infosec.space/tags/Gold" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Gold</a>, <a href="https://infosec.space/tags/Silver" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Silver</a>, <a href="https://infosec.space/tags/Platinum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Platinum</a> and even <a href="https://infosec.space/tags/Copper" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Copper</a> are not only inconvenient beyond small sums because they weight a lot but because their value sometimes fluctuates harder than <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Monero</a> and with the exception of Copper there had been Mass <a href="https://infosec.space/tags/Confiscations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Confiscations</a> aka. state-based <a href="https://infosec.space/tags/theft" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#theft</a> of these per law.<ul><li>Therefore it's absurd to think that any metal- or other commodity-based currency could be established that would see actual use-case beyond being an expensive <a href="https://infosec.space/tags/Shitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Shitcoin</a> aka. <a href="https://infosec.space/tags/SecuritiesFraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SecuritiesFraud</a>-based <a href="https://infosec.space/tags/Scam" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Scam</a>. </li><li>The only reason <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bitcoin</a> has any value is because <a href="https://infosec.space/tags/Billionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Billionaires</a> and <a href="https://infosec.space/tags/Oligarchs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Oligarchs</a> use it to commit <a href="https://infosec.space/tags/TaxFraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TaxFraud</a> and <a href="https://infosec.space/tags/CapitalFlight" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CapitalFlight</a> in order to have an <a href="https://infosec.space/tags/ExitStrategy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ExitStrategy</a> left if or rather when their <a href="https://infosec.space/tags/Oligarchy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Oligarchy</a> - regardless if <a href="https://infosec.space/tags/Russia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Russia</a>, "P.R." <a href="https://infosec.space/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#China</a>, <a href="https://infosec.space/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UK</a> or <a href="https://infosec.space/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USA</a> implodes to buy themselves in elsewhere as "<a href="https://infosec.space/tags/EconomicRefugees" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#EconomicRefugees</a>" or rather <a href="https://infosec.space/tags/fugitives" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#fugitives</a> in a juristiction that doesn't extradite them for their *"<a href="https://infosec.space/tags/WhiteCollarCrime" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WhiteCollarCrime</a>".</li><li>The only reason <a href="https://infosec.space/tags/Ethereum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Ethereum</a> has any value is because it's the more "accessible" alternative to Bitcoin so mere <a href="https://infosec.space/tags/Millionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Millionaires</a> can afford similar "<a href="https://infosec.space/tags/AssetProtection" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AssetProtection</a>" strategies ...</li><li><a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Monero</a> derives it's value not by having <a href="https://infosec.space/tags/Billions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Billions</a> in on-paper-value locked in but entirely upon it's <a href="https://infosec.space/tags/fungibility" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#fungibility</a> and speed as a <a href="https://infosec.space/tags/PaymentSystem" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PaymentSystem</a>, beating <a href="https://infosec.space/tags/Hawala" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Hawala</a> and <a href="https://infosec.space/tags/MoneyTransfer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MoneyTransfer</a> providers by so wide margins that it feels like <a href="https://infosec.space/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#US</a>-style <a href="https://infosec.space/tags/ACH" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ACH</a> Money Transfers getting steamrolled by <a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SEPA</a> <a href="https://infosec.space/tags/WireTransfer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#WireTransfer</a>: They ain't even in the same millenium!</li></ul> So if you want to sell me on some <a href="https://infosec.space/tags/RareMetal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RareMetal</a> <a href="https://infosec.space/tags/investment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#investment</a> scheme: Please fuck off!If not, disregard the last sentence...Thanks.

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