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RE: Why Trump's Clampdown on Remittances Will Force Mexicans to Bitcoin - Bitcoinist.com

in #dlike5 years ago

It would take like a quarter or a third of all bitcoin just to cover the annual remittances. All bitcoin total is worth less than $90 billion dollars, Mexican remittances are over $30 billion. I imagine there are some technical problems and transfer fees that would get in the way also.

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