Quote from: borrorofju on June 24, 2019, 04:02:54 PM

Quote from: kukuarej on June 24, 2019, 03:51:49 PM

of course, many international translation services such as Western Union, Moneygroups are not convenient for all users. In particular, in the city there are not enough points and banks that support these types of systems. But one can not expect that people will start to switch to cryptocurrency en masse after Facebook launches a coin.

Not surprisingly, the stock of cross-border translation services began to fall. But after all, they themselves had previously announced a desire to create their own cryptocurrencies. So soon we will be able to use classic transfers from Visa or Western Union only in an improved form, because the blockchain will allow them to reduce the commission and time of transactions. But of course, it will be necessary to compare, it is more convenient to use a decentralized platform for payments or familiar proven services that adapt the cryptocurrency

Perhaps the reduction in the price of shares for translation services is due to the fact that investors do not fully understand what value companies will have in the Facebook consortium. either they give up their ambitions to create a blockchain for their services, or this is just an investment decision, so as not to lose the benefit.