reply on: The Countries Receiving the Most Remittances From Abroad \ stacker news ~econ

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10 sats \ 9 replies \ @0xbitcoiner OP 17 Jun \ parent \ on: The Countries Receiving the Most Remittances From Abroad econ

The Philippines' GDP is roughly 10 times larger than remittances.

They have probably heard about bitcoin, but they might not be aware that using LN can make sending remittances almost free.

121 sats \ 8 replies \ @carlosfandango 17 Jun

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30 sats \ 6 replies \ @gmd 17 Jun

Are you filipino? My cousins there were pretty clueless about Bitcoin. I was hoping to pay them in BTC to try to avoid transaction fees...

148 sats \ 5 replies \ @carlosfandango 17 Jun

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140 sats \ 1 reply \ @gmd 17 Jun

It's sad some people work really hard jobs in the Philippines only to make $6-10 per day. I think they could actually do nearly as well posting here if they worked at it.

99 sats \ 0 replies \ @carlosfandango 17 Jun

And write a few guides or how-to to help others in a similar situations if not necessarily the same country

119 sats \ 2 replies \ @cryotosensei 18 Jun

You have friends from all over the world

99 sats \ 1 reply \ @carlosfandango 18 Jun

I do know a lot of people, thats true… keeps you grounded if you know people from lots of different backgrounds

33 sats \ 0 replies \ @anon 18 Jun

lol

10 sats \ 0 replies \ @0xbitcoiner OP 17 Jun

I would prefer if adoption happened on the merchant's side through LN, but in the meantime I think Strike is bringing adoption, it's undeniable.