167. Insights: Is crypto an effective replacement for remittances?
Blockchain Insider Podcast by 11:FS
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The Future of Cryptocurrency
I think we need a lot more institutions or organizations that collectively take on that mandate of, hey, how can we help to one address some of your concerns, but also educate on the benefits of this technology. A place like Sub-Saharan Africa probably still has the highest in terms of cost of remittance at 8.2% per $200. How will organizations talk about the benefits, if possible, of crypto in helping to do that? But also address some of the concerns, because I think for many of these regulators, sometimes it's, yes, we see some of these benefits, but in the grand scheme of things, they may not outweighSome of the concerns that we have.
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