#430: Bitcoin vs the $156 Trillion Global Payments Industry with Sam Wouters
TFTC: A Bitcoin Podcast
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The Impact of Remittances on Bitcoin
79% of all remittances go to low or middle income countries so like people think like it's not low in terms of US paychecks. Remittances are a large part of the GDP there are some countries I have some graphs on the report because I can pull one up where something like 70 ish sorry not 70 like 30% or so of all the GDP is just remittances. imagine like your entire country 30% of the GDP you get another 6% tax on top of that that just goes to a financial institution it's kind of crazy if I remember correctly that was it India Mexico were the twoYeah those are the top ones I'll just share my screen here real
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