[2015-12-22] Argentine Peso Devaluation Imposes Remittance Limits – Perfect Oppo

[jdebunt]

Bitcoin is often looked at as the perfect candidate to take on the remittance business model as we all know it. Services such as Western Union and MoneyGram have a tight hold on this market and get away with charging outrageous fees to customers.  However, an opportunity is presenting itself in Argentina, where continuing devaluing of the Argentine Peso has led to a remittance limit through traditional means.

http://themerkle.com/news/argentine-peso-devaluation-imposes-remittance-limits-perfect-opportunity-for-bitcoin/