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RE: Dash Has Ambitious Plans for Mass Adoption
That's pretty amazing to scale that fast and compete with visa on an 80% footing. People will switch if they save significant amounts of money.
That's pretty amazing to scale that fast and compete with visa on an 80% footing. People will switch if they save significant amounts of money.
Yes, it is. Once they see the ease of use, I agree with you.
Look forward to giving it a go myself. Sending money overseas is particularly expensive as you know and many people are working for peanuts and then have to pay exorbitant fees to send money home. Pretty bad if you're working for $10 a month?
Precisely. There have been quite a few folks from Indonesia, and SE Asia region coming to Steemit since its inception. The ability to move money for free and easy startup was a no brainer for them - or anyone for that matter, haha.
The Indonesians are a massive group of people that tend to work in hospitality and the leisure industries.
There are many millions more from the Indian sub-continent that work all over the middle east in construction for terrible pay and conditions. They have few options and then get hit with transfer fees...scandalous really.
It is a bad situation for those desiring to support their families back home.
The easier applications like Dash, and Steem become the faster wealth can be transferred from the working family member to those in need.