When I tell people about bitcoin and I want to give an example of something bitcoins are good for today I usually use the example of international money transfers. Recently I successfully transferred some money to my sister (about $50), who is currently living in South Korea. It was not exactly the smoothest experience ever but I think it demonstrates a real opportunity.

Here’s how we did it.

About a month and half ago I asked my sister if she’d be willing to give this a try. Using CoinMap.org I found a bitcoin ATM in Seoul. It was kinda far away from where she lived but she said she goes to that part of the city every so often. We figured it was worth a shot.