Re:El Salvador’s new Bitcoin wallets could cost Western Unio...
by robot_no_419 on Thursday September 09, 2021 @09:53AM
(#28469688)
So basically your solution is to give everyone in El Salvador a bank account and for the government to subsidize their remittance fees. Because if you're using banks, someone is paying fees. Someone from the US still has pay a fee to wire money from their bank to some endpoint in El Salvador.
The banks are literally the problem that Bitcoin solves, not the solution. Banks = fees and censorship.
The banks are literally the problem that Bitcoin solves, not the solution. Banks = fees and censorship.