Re:Bitcoin has risen more than eightfold in past year
by foepys on Tuesday August 15, 2017 @01:15PM
(#15020189)
Western Union can do this, too. Even into a lot of regions where nearly nobody has internet access. Depending on the state of the Bitcoin network, sometimes also cheaper than Bitcoin.
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Re:Bitcoin has risen more than eightfold in past year
by bdamm on Tuesday August 15, 2017 @05:51PM
(#15023012)
As someone who has used Western Union and ended up in money-trail hell, I can tell you with complete confidence that Western Union and their ilk are huge pains in the butt and charge too much for their overly complex "service".
Sure, you need to get money into bitcoin and then out in order to take advantage of that property, but the ability to do that is getting easier and cheaper all the time.