10 Bitcoin Alternatives To Send Money Without Large Fees

9. BitGold

Canadian startup BitGold taps into the “gold revival” touched off by the worldwide recession of the last decade. Users exchange money for gold bullion in order to exchange it for goods and services or with each other. Services offered include a prepaid MasterCard that debits gold instead of dollars. Sending gold from one user to another is technically free, but each BitGold user — both sender and recipient — has paid a 1% fee for initially converting dollars into gold bullion, for a total implicit fee of 2%.