Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: Remittances - a really big market for bitUSD  (Read 1002 times)

0 Members and 1 Guest are viewing this topic.

Offline Shentist

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 1605
    • View Profile
    • metaexchange
  • BTS: shentist
Remittances - a really big market for bitUSD
« on: December 04, 2014, 06:10:31 AM »

Offline santaclause102

  • Hero Member
  • *****
  • Posts: 2487
    • View Profile
Re: Remittances - a really big market for bitUSD
« Reply #1 on: December 04, 2014, 09:17:45 AM »
very much worth watching!

Offline Crossover

  • Full Member
  • ***
  • Posts: 54
    • View Profile
Re: Remittances - a really big market for bitUSD
« Reply #2 on: December 04, 2014, 10:16:13 PM »
this niche is already taken by ripple
https://ripple.com/disruption-target-1-remittance/

Offline bytemaster

Re: Remittances - a really big market for bitUSD
« Reply #3 on: December 04, 2014, 10:22:15 PM »
remitabit is working with us to tackle this market.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline donkeypong

  • Hero Member
  • *****
  • Posts: 2331
    • View Profile
Re: Remittances - a really big market for bitUSD
« Reply #4 on: December 04, 2014, 10:28:53 PM »
remitabit is working with us to tackle this market.

And there's been some solid interest in BitUSD from other companies in this sector, according to the Community Marketing Team. As they understand BitUSD better, they'll realize how badly they need to use this. No doubt there's plenty of business for all of them, considering the insane rates that current remittances charge + how many different countries and regions can be involved. But I can't help thinking, the first payment system that integrates BitUSD and has a solid network will be able to leverage the strengths it has over Bitcoin. It's fast, cheap, and stable. They need us.
« Last Edit: December 04, 2014, 11:59:02 PM by donkeypong »

Offline davidpbrown

Re: Remittances - a really big market for bitUSD
« Reply #5 on: December 06, 2014, 10:28:56 PM »
this niche is already taken by ripple
https://ripple.com/disruption-target-1-remittance/

Only for a while. The disadvantage of ripple is that you have to put the money up front in anticipation of transfer of other monies. XRP is holding value that isn't really useful for anything else. Ripple will drown itself and bitUSD and others can do it better.
฿://1CBxm54Ah5hiYxiUtD7JGYRXykT5Z6ZuMc

Offline bluebit

  • Sr. Member
  • ****
  • Posts: 271
    • View Profile
Re: Remittances - a really big market for bitUSD
« Reply #6 on: December 11, 2014, 03:00:27 AM »
I'd be interested in promoting the remittance market down here in Colombia. Or set up an BitUSD Atm machine. How can I do this?
BTSX TipMe: bluebit

Offline hpenvy

  • Sr. Member
  • ****
  • Posts: 451
    • View Profile
Re: Remittances - a really big market for bitUSD
« Reply #7 on: December 11, 2014, 03:02:56 AM »
I'd be interested in promoting the remittance market down here in Colombia. Or set up an BitUSD Atm machine. How can I do this?

Please contact Matt608.
=============
btsx address: hpenvy
Tips appreciated for good work

Offline jsidhu

  • Hero Member
  • *****
  • Posts: 1337
    • View Profile
Re: Remittances - a really big market for bitUSD
« Reply #8 on: December 11, 2014, 06:07:49 AM »
Its a huge market for sure $200 billion a year or more
Hired by blockchain | Developer
delegate: dev.sidhujag

Offline Shentist

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 1605
    • View Profile
    • metaexchange
  • BTS: shentist
Re: Remittances - a really big market for bitUSD
« Reply #9 on: December 14, 2014, 03:37:52 PM »
i just read https://www.techinasia.com/bitcoin-remittances-rebit-philippines/

biggest markets are

1. China
2. India
3. Philippines

we should leverage and help our Chinese community and make it possible to use bitUSD and bitCNY to send remittances via bitshares. With BTC38 with a off ramp for bitCNY - CNY it should be not out of reach.

Offline Rune

  • Hero Member
  • *****
  • Posts: 1120
    • View Profile
Re: Remittances - a really big market for bitUSD
« Reply #10 on: December 14, 2014, 06:49:27 PM »
Actually remittance will not need bitassets at all, it can run purely on gateways end to end. It's basically what ripple was designed around. Of course if we manage to convince people that holding bitassets is as good as having cash under the pillow then bitasset transactions could eventually become as good as end to end fiat remittance.

Offline Murderistic

  • Board Moderator
  • Sr. Member
  • *****
  • Posts: 281
    • View Profile
Re: Remittances - a really big market for bitUSD
« Reply #11 on: December 19, 2014, 06:10:12 PM »
Actually remittance will not need bitassets at all, it can run purely on gateways end to end. It's basically what ripple was designed around. Of course if we manage to convince people that holding bitassets is as good as having cash under the pillow then bitasset transactions could eventually become as good as end to end fiat remittance.

That's the route we are positioning this for.

Offline donkeypong

  • Hero Member
  • *****
  • Posts: 2331
    • View Profile
Re: Remittances - a really big market for bitUSD
« Reply #12 on: December 20, 2014, 05:05:08 AM »
i just read https://www.techinasia.com/bitcoin-remittances-rebit-philippines/

biggest markets are

1. China
2. India
3. Philippines

we should leverage and help our Chinese community and make it possible to use bitUSD and bitCNY to send remittances via bitshares. With BTC38 with a off ramp for bitCNY - CNY it should be not out of reach.

Mexico is a close #4 in most years.

Offline abelljefrry

Re: Remittances - a really big market for bitUSD
« Reply #13 on: December 21, 2014, 06:53:32 PM »
Taken from the speaker's Twitter:



There's a possibility that he might be interested in bitAssets remittance services due to its price stability. He also blogs on The World Bank official website.

http://blogs.worldbank.org/team/dilip-ratha

Need a designer for your project? Hire me! I accept BTS as payment :)

View my BitShares design portfolio here : bit.ly/BitSharesPortfolio

Offline Shentist

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 1605
    • View Profile
    • metaexchange
  • BTS: shentist
Re: Remittances - a really big market for bitUSD
« Reply #14 on: December 21, 2014, 07:28:19 PM »
Taken from the speaker's Twitter:



There's a possibility that he might be interested in bitAssets remittance services due to its price stability. He also blogs on The World Bank official website.

http://blogs.worldbank.org/team/dilip-ratha



twitter him :D

 

Google+