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>>> 8 months after rolling out a brand new method of doing payments, ~70% of the country has tried it and ~11% of those are using it for remittances (3% in Bitc
by tablespoon 5y ago
>>> 8 months after rolling out a brand new method of doing payments, ~70% of the country has tried it and ~11% of those are using it for remittances (3% in Bitcoin, 8% in dollars).
>> Not if the technology is a currency. I think this finally ends the idea that bitcoin can be used for day-to-day transactions.
> The program started less than a year ago. I think it's way too early to say that. So far, it seems like people prefer still transacting in dollars, but that may change over time.
Isn't that a lot like saying "give Google+ time, it may catch on eventually"? Most users tried and rejected it.
- bpodgursky 5y agoMost citizens aren't giving or receiving regular remittances...