The Bitcoin, Blockchain and Remittances

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Buttcoin: backed by gold, comedy gold!

Shill central
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Cuban freedom fighters launch underground Bitcoin remittance network (x-post from /r/Cryptocurrency)

Cuban freedom fighters launch underground Bitcoin remittance network (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Cuban freedom fighters launch underground Bitcoin remittance network

Cuban freedom fighters launch underground Bitcoin remittance network submitted by a36 to AllThingsCrypto [link] [comments]

Cubans Turn to Bitcoin Remittances with 25% Commission to Beat Blockade

Cubans Turn to Bitcoin Remittances with 25% Commission to Beat Blockade submitted by bitcointothemoon_ to CryptoCurrencyTrading [link] [comments]

Cubans Turn to Bitcoin Remittances with 25% Commission to Beat Blockade

Cubans Turn to Bitcoin Remittances with 25% Commission to Beat Blockade submitted by bitcointothemoon_ to Crypto_Currency_News [link] [comments]

Cuban freedom fighters launch underground Bitcoin remittance network

Cuban freedom fighters launch underground Bitcoin remittance network submitted by DoubleFaulty1 to CryptoCurrency [link] [comments]

Cubans Turn to Bitcoin Remittances with 25% Commission to Beat Blockade

Cubans Turn to Bitcoin Remittances with 25% Commission to Beat Blockade submitted by cryptoallbot to cryptoall [link] [comments]

Cuban freedom fighters launch underground Bitcoin remittance network

This post was originally published on this siteThis post was originally published on this site Cubans are finding new ways to circumvent the embargo sanctions imposed by the U.S. government back in 1962. According to an October 26 report by Cuba’s AFP news agency, remittances sent from the U.S. to Cuba often pass through a clandestine network of “crypto enthusiasts” before being converted […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

Bitcoin remittances in Africa are growing like crazy and no one is talking about it

Bitcoin remittances in Africa are growing like crazy and no one is talking about it submitted by CryptigoVespucci to Bitcoin [link] [comments]

Bitcoin remittances regulation in the US

Hey all,
I have started working on an app/website that does remittances from the US to some parts of Asia and Africa.
The way it works is similar to www.rebit.ph:
Users who want to send money back home first convert the dollars to bitcoin, then send those bitcoins to the app/website's address, and from there we sell it on the receiving country's local market, and then pay their family/friend in local currency in the receiving country's.
What I'm wondering is:
Thanks for all and any suggestions.
submitted by attilah to Bitcoin [link] [comments]

Swift Facing Criticism From Bitcoin Remittance Companies

Swift Facing Criticism From Bitcoin Remittance Companies submitted by Rufflenator to 3bitcoins [link] [comments]

Swift Facing Criticism From Bitcoin Remittance Companies

Swift Facing Criticism From Bitcoin Remittance Companies submitted by Brent357 to Bitcoin_Future [link] [comments]

Venezuela: Maduro Administration Now Wants to Profit From Bitcoin Remittance

Venezuela: Maduro Administration Now Wants to Profit From Bitcoin Remittance submitted by Suberg to Bitcoin [link] [comments]

Swift Facing Criticism From Bitcoin Remittance Companies

Swift Facing Criticism From Bitcoin Remittance Companies submitted by W1ngIt to hahahahahahahah [link] [comments]

Swift Facing Criticism From Bitcoin Remittance Companies

Swift Facing Criticism From Bitcoin Remittance Companies submitted by Leka213 to CryptocurrencyToday [link] [comments]

Swift Facing Criticism From Bitcoin Remittance Companies

Swift Facing Criticism From Bitcoin Remittance Companies submitted by Brent357 to Bitcoin_2019 [link] [comments]

Bitcoin Remittances Helping Venezuelan Migrants, But is it Enough?

Bitcoin Remittances Helping Venezuelan Migrants, But is it Enough? submitted by n4bb to CoinPath [link] [comments]

The huge smiles on these migrant workers faces tell a lot about how much money they are likely saving when using Bitcoin remittance service Bitspark in Hong Kong.

The huge smiles on these migrant workers faces tell a lot about how much money they are likely saving when using Bitcoin remittance service Bitspark in Hong Kong. submitted by Godfreee to Bitcoin [link] [comments]

Swift Facing Criticism From Bitcoin Remittance Companies

Swift Facing Criticism From Bitcoin Remittance Companies submitted by ososru to Bitcoin4free [link] [comments]

Why I love Bitcoin (remittance to USA from South Korea) Bank=$504 Bitcoin=$568

So I work in Korea but have to send money home every month to pay off student loans. If I use my Korean bank account ,KEB, and my american account, a local bank near my old house in MI, it cost me 18,000won from KEB, $12 from my local bank, and some $20 mystery fee. No idea where it goes.
I just sent money home using bitcoin. I opened a Korbit account and transferred money to that bitcoin exchange. I bought 596,250won worth of bitcoin ($553.10) at an exchange rate of 1078won/dollar(KEB rate) which was 2.65 bitcoin.
I also have a circle and coinbase account but I learned I get a better price with Circle.com, so I used them this time. When it entered my Circle account, 2.65 bitcoin was $568.77. Since they don't have a charge I will end up with 568.77 in my bank. I know this is what i'll get because I did this last month as well)
Compared to KEB(Korean Exchange Bank-Local bank) I would get 596,250won-18,000won(KEB bank fee)=578,250/1078(KEB exchange rate)=$536.41 536.41-$12(local bank fee)-20(other hidden fee)=504.41
So using bitcoin I end up with $568.77 using bitcoin in my account. Using KEB bank I get $504.41
WINNER BITCOIN by $64.36
The only thing that sucks was opening the accounts and having to log on a few times to transfer the money and bitcoin. FYI other times I used bitcoin it wasn't as good but I have always come out better than using the bank. Right now the exchange rate and the differences in price of bitcoin were in my favor as well as the volatility of price didn't change too much.
submitted by jinwoonlee to Bitcoin [link] [comments]

Venezuela Imposes Capital Controls on Bitcoin Remittance Amid Record Volume

Venezuela Imposes Capital Controls on Bitcoin Remittance Amid Record Volume submitted by Suberg to Bitcoin [link] [comments]

Swift Facing Criticism From Bitcoin Remittance Companies

Swift Facing Criticism From Bitcoin Remittance Companies submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

Hands On With Visa Europe's Bitcoin Remittance App

Hands On With Visa Europe's Bitcoin Remittance App submitted by mikeytom77 to Bitcoin [link] [comments]

Practical Use of Bitcoin: Remittances Sending Bitcoin Abroad Easy Remittances to the Philippines using Bitcoin Remittance & Bitcoin w/ Junseth, Pantera, and Uniteller Bitcoin Q&A: Mainstream adoption, timing, and remittances

Should You Use Bitcoin and Blockchain Technologies for Remittances?Bitcoin has for a while been seen as the future of currency. As a totally digitised form of money, it seems like the next logical step in the evolution of finance. After all, we don’t see most of the money we use. Coins and notes are soon to be a thing of the past.But Bitcoin hasn’t taken off like its founders expected it ... African Remittance Firm Beam Stops Bitcoin Service in Pivot Beam has announced it will no longer focus on using bitcoin in an attempt to disrupt the Ghanaian remittance market. With low demand for bitcoins in Ghana, exchanging Bitcoin to Cedi is relatively expensive, which undermines the business case for remittance using Bitcoin. Bitcoin and remittance. Bitcoin startups entered the remittance arena with the promise of friction free, extremely low fees, almost instantaneous payments, for any kind of customer all over the world. The case seems perfect: a huge global market where, often not well off, people that spend USD 37.5 billion per year in fees to send money back home to relatives, can dramatically reduce this ... Bitcoin VS remittance services. Bonpay. Aug 23, 2017 · 3 min read. To explain the popularity of Bitcoin for a typical citizen of the first World countries is not so easy. It is not difficult to ... Bitcoin does one thing great: instant cross-border settlements. Remittance companies today typically pre-fund a transfer which is how they are able to let a recipient collect a transfer immediately. Pre-funding presents currency exchange risks for operators the Bitcoin remittance companies do not face. By being able to move money faster across ...

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Practical Use of Bitcoin: Remittances

Easy Remittances to the Philippines using Bitcoin - Duration: 6:01. BTC Sessions 10,178 views. 6:01. The first 20 hours -- how to learn anything Josh Kaufman TEDxCSU - Duration: 19:27. ... Featuring Luis Buenaventura, BloomSolutions Tags: fintech, Philippines, financial inclusion, remittance. Elizabeth Rossiello - Bitcoin, remittances and the developing world - Duration: 30:25. Bitcoin Events 4,483 views. 30:25. 5 Proven Methods To Make Money With Bitcoin - Cryptocurrency For Beginners ... Bitcoin Q&A: Remittances & smuggling in Venezuela - Duration: 3:40. aantonop Recommended for you. 3:40. Language: English Location: United States Restricted Mode: Off History Help ... Today I look at a great service called Coins.Ph that is available to people in the Philippines. Send money to someone there from anywhere in the world in around 30 minutes and minimal fees. Tip ...

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