3
votes
Does it make sense to use BitCoin to transfer money to yourself internationally?
To make an international money transfer using bitcoins you need to figure out 2 things: 1. How to convert FIAT to BTC and 2. How to convert BTC to FIAT.
FIAT to BTC
Open an account on your local ...
- 61
2
votes
bitcoin core problem payment
where is my bitcoin money, when downloading is failed.
Your money is in the Blockchain (loosely speaking). It is not affected by the state of your wallet. When your wallet finishes collecting its own ...
- 28.5k
1
vote
Accepted
How do i cash the money from my NiceHash account to Paypal or European Bank account?
From https://www.nicehash.com/help/how-can-you-use-earned-bitcoins:
Once you receive your payments in your personal wallet, you can:
transfer Bitcoins to Bitwala and pay your bills in EUR ...
- 184
1
vote
Tax implications of bitcoin income
The idea is to sell the bitcoins in India and wire him back the money from the
sales proceeds in India.
Translate: The idea is that he commits tax fraud because he will not report the sale as ...
- 177
1
vote
Can I use Bitcoin to send money from a US bank to an Indonesian bank?
Bitcoin is not well integrated with the legacy banking system. What you want to do would therefore go somewhat like this:
Open an account with a Bitcoin exchange (A) that takes US customers. (...
- 77.8k
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