This has been my #1 argument for bitcoin. I have a bank account in Australia, and a bank account in the US. For me to move money I can:
1. swift transfer - minimum $30, takes a couple weeks
2. paypal transfer - no fees, but exchange rates are awful, takes a couple days
3. go to an ATM, withdraw money from my overseas account, walk into the bank and deposit that same money. Around $15 per withdrawal, instant.
Now with bitcoin, I deposit, transfer, then withdraw. Admittedly, it's still not instant since I'm using coinbase, but I feel it will get there eventually.
1. swift transfer - minimum $30, takes a couple weeks
2. paypal transfer - no fees, but exchange rates are awful, takes a couple days
3. go to an ATM, withdraw money from my overseas account, walk into the bank and deposit that same money. Around $15 per withdrawal, instant.
Now with bitcoin, I deposit, transfer, then withdraw. Admittedly, it's still not instant since I'm using coinbase, but I feel it will get there eventually.