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by beervirus 1651 days ago
1. Remittance payments were already feasible and happening before they adopted btc officially.

2. They’re not cheaper than other methods. They’re more expensive.

1 comments

I think in thia case remittance is more of a way to create organic currency supply for btc. If you have btc from your son and the store owner you buy your fruits from has some btc from his son, why not to use btc for trade?

Currency has a gigantic network effect and this is seeding the network.

It’s not about the remittance per se.

>It’s not about the remittance per se

Exactly my point.