How Bitcoin Transformed Remittances in Jamaica Dread remittance bitcoin jamaica bitcoinnews

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=rQi9eTbWWF0

A remittance company is in Jamaica and they go ahead and do half a million dollars of remittances for the day They have to wait forty-eight hours twenty-four at least for Western Union to reimburse them that is twenty-four hours of money that's not in their bank account earning interest Just that one day alone of me saying yeah go ahead and give me all that Bitcoin immediately you get that back in your bank account before end of day they're now getting a whole day's worth of interest they didn't have before I didn't even realize that was Well not just that also the peace of mind because anytime you don't have that or just your own liquidity needs that you have at that time The next day you might not have enough to Yeah so now every day they're going to have a fresh start with the same cash they can you know provide to the people there. • Mike Peterson - @Bitcoinbeach • Dread - [email protected] • https://github.com/LNFlash • Episode Link: • • How Bitcoin Will Help Jamaica Abolish... • Apple link: • https://podcasts.apple.com/us/podcast... • Social Channels: • / bitcoinbeach • / bitcoinbeach_sv • / livefrombitcoinbeach • https://www.bitcoinbeach.com

#############################

New on site