Thanks for the informative piece. there is one part that I'm struggling to understand. Could you please run me through how you can send USD over the bitcoin network at zero cost?
I can see it work if you exchange USD for BTC, send BTC and then convert BTC back to USD, but I understand that there are costs involved in converting between BTC and fiat currencies. Did I misunderstand?
Thanks for the informative piece. there is one part that I'm struggling to understand. Could you please run me through how you can send USD over the bitcoin network at zero cost?
I can see it work if you exchange USD for BTC, send BTC and then convert BTC back to USD, but I understand that there are costs involved in converting between BTC and fiat currencies. Did I misunderstand?