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Sure it does. Under normal circumstances, Bitcoin or Ethereum transactions cost only a few euro cents regardless of the amount transferred, while international
by decentralised 8y ago
Sure it does. Under normal circumstances, Bitcoin or Ethereum transactions cost only a few euro cents regardless of the amount transferred, while international remittance businesses always charge much more.
I read somewhere that the top 3 money remittance businesses (WU, etc) make as much profit as we (EU + US) spend in international aid. If those in the diaspora can send money back home without these middlemen, we could all stand to gain.