“It costs twice as much to send money back to Africa as it does - TopicsExpress

“It costs twice as much to send money back to Africa as it does to any other part of the world,” said Kevin Watkins, co-author of the report and ODI’s executive director. However, one solution for this could be the cryptocurrency Bitcoin, as highlighted by Michael Bouchier and Alexis Boshoff, co-founders of a Bitcoin investment fund in South Africa, Voomar. “International remittances are an area of Bitcoin that could really prove to be valuable,” Bouchier told How we made it in Africa. https://lakebtc/p/7263?locale=en

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