Quote from: knircky on November 28, 2017, 01:11:12 PM

Quote from: 101111 on April 18, 2013, 02:14:48 PM

Phillipino nannies remit over $20billion yr. If the nannies switch to bitcoin the savings from fees etc would be enormous, maybe over $100mill per year..

Do u know how much they make? Surely their western union fees are lower than bitcoin trading and tx fees.

Bitcoin is design to only be used by elites.

Knircky,

I agree, you lose about 8% with bitcoin, that's why SALPay is making a token that will cost only 1% (no forex fees) to send money from US, SG, AUS directly into our existing SALPay wallet and card here.

judahzhirsch

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