Remittences are probably the only proven application of btc that is of real use, except for black markets and sepculations. I like what crypto can do for these people. How do you manage to hedge the price while remittances are sent?
Hi ETHtotheMOON1,
I think there are more applications for blockchain technology, and we're slowly going to see many of them.
Regarding the remittance spread, we will simultaneously will sell the SALs and buy them with different currencies in both exchanges, therefore controlling that the spread is minimum. So, for users, they will just buy PHP with USD (or whatever other currency). SALPay Tokens will only be the conduit.
That's how we will manage to make this faster AND cheaper.