My sister is a bit older and a sudden health emergency Friday required a substantial amount of money. I live in Europe and she lives in Western Canada. She needed the money right away and asked family for help. Banks are too slow internationally. And it’s the weekend. A standard bank transfer takes 2 weeks from here.
PayPal? Hell no to the fees.
Moneygram or Western Union? Even worse.
I talked her into setting up a wallet and sent her the cash in ADA. Took about 15 minutes in total to
1) Buy the coins in euros, 2) Send it to her, and 3) Have her cash out to Canadian dollars via exchange
THIS is the power of crypto to make our lives a little bit better.