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RE: Screwing the World’s Poor for $16 Billion? Steem and SD Can Cut the Cost of Money Transfers and Take Down the Predatory Remittance Industry
Brilliant! Back with a bang! Glad to finally read a post from you...And you wowed me as usual..... :)
I completely agree with you.... The key to the adoption of steemit - steem and SD is the no fees advantage....
I, personally, have used MoneyGram and Western Union to receive funds from relatives and those guys are CROOKS... Their exchange rates are far lower than the market rate. They shortchange you and keep you waiting for hours with nauseating excuses.....
Last month, I exchanged a few SD to my local currency......And that was the first time ever that I would get the full worth of my money.....
Ive got plans on how we can maximize this advantage esp for Africa...
Splendid! Welcome back, Tom.... You rock... :)
@infovore , Is it true as you say it is?
Great Job, @donkeypong
Don't forget bitUSD from Bitshares could also be great for remittance :D
You have to have a bank account to get the money out so the unbanked(smart) ones can't really benefit from this ponzi scheme.
https://steemit.com/steemit/@apocaloptimisto/dantheman-ned-please-remove-my-content-from-this-site
Dont need a bank account to get a Bitcoin-based debit/credit card...