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164 sats \ 5 replies \ @OT 19 May
Will this be the trigger that gets migrants sending sats back home instead?
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148 sats \ 1 reply \ @justin_shocknet 19 May
Chess not checkers...
It'll get them to use stablecoins
Stablecoins that monetize the debt with no interest
Stablecoins that keep international trade moving without the US issuing new debt
Stablecoins that necessitate digital wallets that soften the landing to Bitcoin as the new base money that institutions are accumulating
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0 sats \ 0 replies \ @justin_shocknet 19 May
Certified spook on the O-Plan
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15 sats \ 2 replies \ @Undisciplined 19 May
I’m sure it will be for some. My understanding is that transactions costs are already higher than that for most remittances, though.
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41 sats \ 1 reply \ @OT 19 May
Transactions over lightning?
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46 sats \ 0 replies \ @Undisciplined 19 May
I mean the financial channels that are commonly used for remittances have transactions costs that are quite high.
Lightning would already be much cheaper and most people aren't using it.
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5 sats \ 0 replies \ @carter 19 May
China also has capital controls
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0 sats \ 0 replies \ @BlokchainB 15h
Arthur Hayes just wrote about about this!!
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