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by carlosrg 1811 days ago
Migrant workers used Bitcoin during the pandemic to transfer money to relatives in their origin countries without the need of a third party. I’d consider that beneficial to humanity, but your definition of beneficial might be different to mine.

https://restofworld.org/2021/crypto-remittances/

1 comments

Occasional feel-good stories might not be enough to balance all the complaints around energy consumption and money laundering.

> your definition of beneficial might be different to mine

It's not my own: I'm trying to summarize the promises that were often made, together with cheap and fast money transfers, ease of use, better security, and many more.