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by _xnmw 1765 days ago
The real value is only in the USD and NGN. Using Bitcoin to move the value is only propped by hype-fueled insanity that doesn't need to exist. International banks could easily create an international money-transfer system that would be far more reliable and secure than any decentralized Ponzi scheme. An in fact, such systems do exist - for example I used to earn in USD and spend instantly in other countries using international Visa/Mastercards like Revolut or Wise.
1 comments

You are lucky that you had access to those services. In many poor countries the majority of citizens do not have a bank account.

Even if international banks created these services (why haven't they done more of this already if it's easy?) these people would not be able to access it.