The Bitcoin Rails have real world value...

in #bitcoin2 years ago

Strike announced launching a Remittance service to Mexico from the US via Lightning

A lot of money flows from the US to Mexico each year in the form of remittances.

Based on the available data we are looking at roughly $60 billion a year being sent back to Mexico.

Now, they can use the bitcoin rails to do it faster and cheaper...

Check it out:

image.png

(Source: https://twitter.com/BitcoinMagazine/status/1668985775621390338?cxt=HHwWhIC-sYzutqkuAAAA)

Now they just have to turn their fiat into bitcoin in a cheap and easy way... that's the difficult part.

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Not just Mexico. I have been making this point ever since I saw this TED Talk, back around 2015 I guess.

Yes, they have several options on there. Strike allows you to send to friends and family members using simply a phone number.

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