Banks often have higher fees and less favorable rates, while online services like Wise offer more competitive options.As @Ryan Konen mentioned, other alternatives include Revolut for multi-currency transfers and OFX for large transfers without limits.

Half its value relative to what currency exactly?

I don't think so if you're ok with the currency and political risks.

It's directly manipulated by the Federal Reserve via quantitative easing, yield curve control, and short term manipulation of Fed Funds rate.Over the next 40 years, there will be a Minske Moment when people realize that (without reserve currency status, and the ability to counterfeit our own currency ad infinitum) the U.S Treasury is an objectively insolvent entity.

Quote from @Dave Currence: @Jeremy TaggartYou seem knowledgeable about Pittsburgh…I have a buddy who has a couple hundred doors there (single family and small multis) he deployed all his cap a while ago and has done well there.

My team hasn't set up any STRs in the Dominican Republic but we had acquired some STRs in Costa Rica which we had thought we're going to turn out well but we had a few issues to note:- Cashflow issues: Since we are basing our reservations on another currency we couldn't charge as much as we were hoping for. - Finding a Good Team: Since there is a language barrier in place it was much harder to communicate with any cleaning companies/property managers we found. 

Yeah lolBefore I joined biggerpockets I thought people know that any investment with return above 11 percent is super high risk …But then I realized I am minority …I grew up with bank owners fleeing to China after interest rate hike and when I said bank owner it is literallly bank owner….And folks that wanna 20 %yield you could invest to Turkey bond lol albeit with their currency going lower

Soft currency, hard currency, it’s equivalents and commodities (natural resources)From there, For local economy cash flow (spending money where you live), you’ll probably get into real estate and local business cash flow activities and it’s deviations 

I am sharing my experience as I believe that TIME is the ultimate currency in life. 

 $1 million net worth or $200k salary is not “elite” after 43 years of inflationary currency depreciation.