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> All the efforts pushing cryptocurrency for this particular niche would be better served pushing for international standards for cheap and simple instant money
by ls15 4y ago
> All the efforts pushing cryptocurrency for this particular niche would be better served pushing for international standards for cheap and simple instant money transfers.
That seems impossible given today's geopolitics. Crypto remittance at least works.
- runarberg 4y agoMaybe that is true of transferring money between USA and Russia, or between USA and the EU, or the USA and any other country outside of Canada and Mexico, but there is no reason that the UK and Argentina don’t have a bilateral agreement in place that would make transferring money between the two countries quick, cheap, and easy.
- deleted 4y ago[deleted]
- Sargos 4y ago>there is no reason that the UK and Argentina don’t have a bilateral agreement in place that would make transferring money between the two countries quick, cheap, and easy. This may be true but the fact is there is no such agreement and therefore the friction remains. Crypto at least provides a universal low friction option to everyone with no need for disinterested political groups to spend precious time to take action.