Re:Why Bitcoin Can't Help the Poorest, Yet
by CyberDildonics on Wednesday January 13, 2016 @11:00PM
(#10899537)
There is no truth to that and I'll tell you why - a bitcoin ATM in one country and a bitcoin ATM in another country are all you need.
If the combined spread is less than a money transmitter, then you save money. It is very simple. Many exchanges have around a %1 spread. Many remittance services are 10% or more. This is not rocket science and the article you linked to is from a service threatened by cypto-currencies.
If the combined spread is less than a money transmitter, then you save money. It is very simple. Many exchanges have around a %1 spread. Many remittance services are 10% or more. This is not rocket science and the article you linked to is from a service threatened by cypto-currencies.