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RE: With Bitcoin, Remittance isn't an Expense, but a means of Profit.

in #bitcoin • 7 years ago

In this article, you’ve stated that the fact that fiat remittances are expensive and that bitcoin sells at a high premium in India, as a basis for why we should use blockchain remittances: through MTOs. Wouldn’t it be the same if we just directly sent them the Bitcoin? Just curious

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7 years ago in #bitcoin by
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         7 years ago 

        The MTOs in the p2p space are just the connecting grounds for people. Your BTC is directly sent to other people; consider the cloud-based MTO, in this context, as a means to find the right match.

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