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presty
on Oct 9, 2014
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Venezuelans turn to Bitcoins to bypass currency co...
Would using BTC for remittances have any advantage to the way people currently do it?
How is it usually done now? Through USD?
Is holding USD in Venezuela more valuable than BTC?
lmb
on Oct 9, 2014
[–]
Remittances are all about cash management, where BTC doesn't help. There is (was) a company called Buttercoin that wanted to do it, but I think they have since switched to a white label exchange model.
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How is it usually done now? Through USD?
Is holding USD in Venezuela more valuable than BTC?