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> Bitcoin's only real-world use case is illicit goods. Please get up to date with things. Bitcoin is huge in the remittance world, and bitcoin-like technology
by maaku 11y ago
> Bitcoin's only real-world use case is illicit goods.
Please get up to date with things. Bitcoin is huge in the remittance world, and bitcoin-like technology is being tentatively explored in all realms of financial technology.
- davidgerard 11y ago> Bitcoin is huge in the remittance world Really, who with? I recall rebit.ph saying the problem was they couldn't actually sell enough BTC for PHP at the .ph end, for example. Bitcoin makes the transmission bit cheap, but that bit was cheap already. Actual remittances startup company guy talks about why Bitcoin doesn't work for remittances: https://www.regalii.com/blog/the-bitcoin-remittance-myth https://www.regalii.com/blog/the-bitcoin-remittance-myth
- davidgerard 11y agoI really would like you to detail these cases for which Bitcoin is huge in the remittance world, because this would be new and useful information for me to update myself on. If I'm wrong, I'd like to know.