> The vast majority of people don't even know about bitcoin or blockchian And that's the main reason why WU or MoneyGram are vasty more convenient for most peo

> The vast majority of people don't even know about bitcoin or blockchian And that's the main reason why WU or MoneyGram are vasty more convenient for most people. > I'm telling you as someone who uses crypto to send money abroad to my gf. Because you: - are a technical perso - who knows about bitcoin - can navigate the intricacies of setting up a wallet and buying bitcoin, and then a) - can find a person/org in the destination country who offers services to convert bitcoin to a real currency. - can verify that this person/org can be trusted or b) explain the intricacies of setting up a wallet, accepting bitcoins and converting bitcoins to currency to people you send money to > because it is faster and cheaper than anything else. How do you account for bitcoin's volatility? Its price can rise or drop by any numbeof percents even in a single day. If you send 1k USD worth of bitcoins, the receiver can easily get just 800. That is not really cheap.