How digital assets, the blockchain, and ledger solve global remittance issues
Issues within the global remittance industry today are running rampant, blocking migrants and those on the receiving end of money transfers from reaping the once-promised benefits of the service system. An absurdly high number of intermediaries, along with their fluctuating commissions, are robbing developing countries of their earned profits across borders, while heavy regulations on international financial exchanges through remittance services are laying an extra blanket of pressure over the entire transaction process.
Meet The Crypto People
You get people that are involved in the crypto space and then you get the Crypto People. Members of the first group are only interested in cryptos because it can help them to Lambo and moon land. Their involvement in cryptos are driven by questions like: “When Lambo? When moon? When will xyz token be listed on abc exchange?” And questions similar in nature to those – all questions primarily interested in monetary gain and the sooner the better.
