remittances
2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Nov 2, 2018 by Paul Krugman · across every show →
Everything said about remittances, oldest first
Nov 2, 2018
Krugman: High remittance costs stem from market power and regulation
“In fact, I know it's not inherent in the technology of conventional banking. I suspect it has to do with a combination of market power, but also largely, you know, government enforced barriers, particularly government barriers that reinforce that market power.”
Jan 2, 2019 bearish
Srinivasan: Bitcoin remittances will not beat legacy systems in their first decade
“Remittances are, to Bitcoin, what VoIP was to the internet. In the sense of, it'll work at some point in the first five years or 10 years of the thing, it's not high enough quality with the obvious alternative, namely VoIP versus landlines or remittances versu…”