by Mike ‘Mish’ Shedlock
Mish Talk
Trading dollars for euros, Yen, Icelandic króna, or any other currencies typically involves hefty conversion fees.
Those fees soar at airport currency exchange counters.
A new Goldman-Barclays app that uses the Bitcoin blockchain algorithm may reduce or eliminate those exchange fees.
When that happens, currency exchange counters, now common all over Europe will soon vanish.