Kjer ByrneDec 05, 2021 · 3 years ago7 answers Is it possible to use Bitcoin or other cryptocurrencies to transfer money from Germany to India?
I am wondering if it is feasible to use Bitcoin or other cryptocurrencies as a means of transferring money from Germany to India. Can cryptocurrencies be used to bypass traditional banking systems and facilitate cross-border transactions? Are there any legal restrictions or regulations that would hinder the use of cryptocurrencies for this purpose? How does the process work and what are the potential advantages and disadvantages compared to traditional methods of money transfer?