pull down to refresh
185 sats \ 6 replies \ @OT 19 May
Will this be the trigger that gets migrants sending sats back home instead?
reply
169 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
reply
21 sats \ 0 replies \ @justin_shocknet 19 May
Certified spook on the O-Plan
reply
36 sats \ 3 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.
reply
62 sats \ 2 replies \ @OT 19 May
Transactions over lightning?
reply
67 sats \ 1 reply \ @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.
reply
38 sats \ 0 replies \ @KenyaCoin OP 20 May
Less commonly used, but significantly less expensive:
Non-custodial, KYC-Free, LN-based gateways that use LN:
Kenya: Tando.me
Tanzania: Chapsmart.com
Ghana: Bitspenda.app
Thailand: Plebqr.com
Brazil: Nostrpix #894453
Mexico: https://www.swapido.com/en
reply
26 sats \ 0 replies \ @carter 19 May
China also has capital controls
reply
21 sats \ 0 replies \ @BlokchainB 19 May
Arthur Hayes just wrote about about this!!
reply