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The real value is only in the USD and NGN. Using Bitcoin to move the value is only propped by hype-fueled insanity that doesn't need to exist. International ban
by igammarays 5y ago
The real value is only in the USD and NGN. Using Bitcoin to move the value is only propped by hype-fueled insanity that doesn't need to exist. International banks could easily create an international money-transfer system that would be far more reliable and secure than any decentralized Ponzi scheme. An in fact, such systems do exist - for example I used to earn in USD and spend instantly in other countries using international Visa/Mastercards like Revolut or Wise.
- neb_b 5y agoYou are lucky that you had access to those services. In many poor countries the majority of citizens do not have a bank account. Even if international banks created these services (why haven't they done more of this already if it's easy?) these people would not be able to access it.