3 ms·

I heard this situation mentioned as big use-case for bitcoin. Is bitcoin actually used to send money back to Africa families? Also, what is the network you men

• mmsimanga 6y ago
  The more technical folk would agree with you. I have heard many say this situation is ripe for bitcoin but in practice I have yet to encounter a person using bitcoin in my home country. Network probably wasn't the most clear word to use. I meant any one of the physical stores in home country that work with the agent in the resident country. My observation is an agent from a specific area in home country will work with the stores from his area in his home country. He or she collects "real" money in the resident country and the shop owners provide the money/goods in home country. All this happens through regular WhatsApp. Not the new money feature.
  • jmiskovic 6y ago
    Thank you for clarifying. I'm not advocating for bitcoin, just fact-checking their (for me the strongest) argument for wider adoption.