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RE: Zypto × Hive Integration Proposal: Full Suite of Global Financial Tools

in #proposal4 months ago

"Just try to find out about it, because in the EU even getting cash from ATM with crypto debit card is hard for reasonable cost, especially if you do not want EUR, but some other currency. (near to impossible)"

Just curious: why would anyone want physical cash in another currency in the euro zone? What would you do with it ? Why would anyone expect that service be available at all ? It sounds outwordly. I travalled to Japan in Spring and I would have loved to be able to leave Europe with Japanese Yen in cash. But I went to inquire at the bank for that, at no point I expected Yen to be available at random ATMs in the Eurozone ...

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Well, I didn't write in the Eurozone, I wrote in the EU, but more correctly in the EEA countries, but generally in Europe. It effects nearly half of Europe. Outside Eurozone, only in the UK exist GBP based similar services.

If you want to withdraw local currency in Norway, Switzerland, Denmark, Hungary, Poland, Romania, Ukraine and in another dozen+ european countries, you only can do it by paying the fx exchange fees.