Discover and read the best of Twitter Threads about #moneygram
Most recents (3)
1/
#Cryptocurrency has cross-border promise as more and more people are using #crypto to send money to family and friends abroad
@MorningBrew @haydenfield
bit.ly/3AEXzIM
#Cryptocurrency has cross-border promise as more and more people are using #crypto to send money to family and friends abroad
@MorningBrew @haydenfield
bit.ly/3AEXzIM
2/
$540 billion in remittances flowed to low- and middle-income countries in 2020, per the #WorldBank
Most #remittance payments are made via wire transfer or bank transfer
Watch how #CBDCs could change this
bit.ly/3roCnDI
$540 billion in remittances flowed to low- and middle-income countries in 2020, per the #WorldBank
Most #remittance payments are made via wire transfer or bank transfer
Watch how #CBDCs could change this
bit.ly/3roCnDI
3/
Some of the biggest players in the money transfer space, like #WesternUnion and #MoneyGram, are beginning to team up with #crypto firms
With #crypto, you’re using a bank; with traditional, you're using an exchange/or holding company
@WiserIn10
Some of the biggest players in the money transfer space, like #WesternUnion and #MoneyGram, are beginning to team up with #crypto firms
With #crypto, you’re using a bank; with traditional, you're using an exchange/or holding company
@WiserIn10
"Attacker got away with 2.8m, dai vault lost 11.1m.”
lol
1/7: I understand that #Ripple's selling concerns many people. But the question is... how do you responsibly distribute Ripple's 50B $XRP? Ripple holding so much #XRP is one of the biggest complaints about XRP and why so many people don't like it and may also prevent ODL adoption
2/7: Escrow was introduced to help this, but that $XRP is still in Ripple's custody. They really need to distribute it. But how? Ideally, it should already have already been done years ago, but you can't go back in time to do it. @JoelKatz has talked about this challenge before.
3/7: So we're against them holding it and we're also against them selling it. So how do they distribute it? They can't give it away, who gets it, how do they choose? Giveaways this late in the game also negatively affect prices. Higher supply = lower demand = lower prices.
