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UnderpantsWeevil ,
@UnderpantsWeevil@lemmy.world avatar

its hard to think that bank fees of any kind would be better than to just pay the fee to speed the transaction up

Paying which fee using what currency to which third party? Hell, can you even get a good conversion rate on Rubles to Yuan, by way of some third crypto broker, at this point? Seems like its the same problem (foreign brokers don’t trust Russian banks to process transactions) with extra steps.

Also, presumably they would use dummy wallets

Adding a fourth point of failure in my Ruble to Crypto to Yuan transaction. What could go wrong?

Idk, just seems like they deserve the trouble at this point

Tell you what. Take $10 and convert it to Rubles. Then convert those Rubles to crypto. Then cover the crypto to Yuan. Then buy something and ship it from China to Russia. And let me know how this experiment ends. Then you can wax poetic about how only an idiot wouldn’t be doing it your way.

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