Each day there’s a new reason to love Bitcoin, the blockchain and the various platforms that are trying to disengage us from bankers, bureaucracy and bogus terms of service. A few of the altcoin players in the Venmo-Paypal space are TenX, Bitquence, Monaco and Centra.
These payment blockchain platforms don’t get into your extracurricular business and try to monitor your whereabouts or restrict access to your account based on where your physical body rises and shines, or which airline terminal greeted you the night before. Their goal is to service you wherever you may be. Are you a digital nomad? No problem!
Venmo
If you have a Venmo account in the US and you decide to hop a plane to a foreign territory, guess what? Bye bye to account access. Why? Because if your computer is traveling with you in said foreign territory, any Venmo action is automatically considered “international”. International transactions are off-limits, because…
That’s correct, your computer carries a flag wherever it goes and instantly makes your money untouchable. Because…Venmo wants to make their platform more secure – apparently by enforcing borders.
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@DukeRunyan Thank you for the thumbs up and the kind words! Much appreciated. Enjoy the site. :}
Congratulations on launching an EXCELLENT publication! Great information!