Quote from: buwaytress on October 17, 2019, 12:35:35 PM

But you'd be really surprised to learn that Bitcoin remittance is already a thing. It's how I send money home (not directly, but selling my bitcoin instead, for example, is soooo much cheaper than sending dollars home). In fact, choosing to accept Bitcoin as payment and using that to send money home? It's not just saved me on fees, the sell rate is so good I end up sending home a bit more that I sold.

Indeed! Bitcoin is now a very viable tool for remittance purposes because it has an increasing number of local merchants or remittance partners willing to accept it in exchange for local currency whereas Libra has yet to establish its major partners and don't even have grassroots local adoption and localized infrastructure and partners to support it, that is why I doubt they will be serious in conquering the remittance industry.

Quote from: Zanzibet on October 17, 2019, 12:51:03 PM

I really agree with idea of Libra tapping into remittance market.

For Libra to achieve presence in the remittance industry, they must do partnership first on local brick and mortar remittance centers that will enable it to be exchanged for fiat money or local currency but I'm afraid this hasn't been done, not to mention that they didn't even bother to get a major partnership with a well known international remittance company which could hasten their plans to conquer the industry if ever they have plans about it.