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by patd
3237 days ago
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I'm long Bitcoin but those numbers should be taken with a grain of salt before using them to make a case for remittance and Bitcoin. Some of the top receiving countries include France, Germany or Belgium (over $1000 per inhabitant) and the top sending countries include Luxembourg ($12B for a population of 575K). So the numbers probably include cross-border workers. People living in France/Germany/Belgium but working in Luxembourg. Transferring euros within the SEPA region (for free) for at least $50B out of the $560B mentioned. |
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