Quote from: milewilda on September 09, 2016, 04:28:17 AM

Quote from: a7mos on September 09, 2016, 12:23:30 AM

Quote from: coinoclock on September 07, 2016, 06:34:15 PM

Quote from: a7mos on September 07, 2016, 06:31:57 PM

bitcoin can help poor countries in collecting donations. because all what you need is an address and everyone from all over the world can send a donation in a matter of second. it also works fine in remittance because of the low fees comparing with WU

fees are lower with Western Union, but still high in countries that are very poor. some cents seem low to you, but this might be a days work in some poor country.

what are you taking about ? remittance money are always sent from developed countries by a family member who wants to support his family. so instead of losing 10% of the money or more as fees for WU, with btc the tx can be sent with less than 2 cents as fees. there is no comparison Cheesy

You are right, bitcoin transaction fee is only small compared to WU and other remittances worldwide which is very useful when we intend to send money to our family and relatives and also the transfer time is also fast and convenient within a few clicks you can already transfer money without any hassle.

I'll add another flavor to it, "and don't forget that its INSTANT" which is a faster way of sending money to other people. I hope that all people will be educated with bitcoin technologies and cryptocurrency.