Well, when 1st world countries send donations to poor countries, most or should I rather say, a high percentage of that money goes towards fees to
transmit that money. So in the end, MoneyGram or WU or one of these services, makes a ton of profit. If this was send with Bitcoin, the fees will be much
lower and these poor people can get a higher percentage of this money. It can also be tracked on the Blockchain, to see if it is going to the correct cause.
transmit that money. So in the end, MoneyGram or WU or one of these services, makes a ton of profit. If this was send with Bitcoin, the fees will be much
lower and these poor people can get a higher percentage of this money. It can also be tracked on the Blockchain, to see if it is going to the correct cause.