rebit.ph is making a serious attempt at remittances to the Philippines using Bitcon, but have discovered they basically have to become a Bitcoin exchange as not

rebit.ph is making a serious attempt at remittances to the Philippines using Bitcon, but have discovered they basically have to become a Bitcoin exchange as not enough people are buying the Bitcoins at the .ph end. Also, the expensive bit that you're paying Western Union those fees for? Turns out to be the last mile, that a Bitcoin-based remittance company would also have to implement.