Money Transfers: How much of Western Union’s remittance profits could Bitcoin potentially capture?

Asked Nov 12, 2014· 1 answer ·Bitcoin
Faisal KhanAnswered Nov 12, 2014
Very little (if at all). The change would be so small, that it would hardly be noticeable at present.

If you were to look at Bitcoin's adoption as a Remittance conduct versus Western Union's growth, I think it is safe to assume that (at present) WU far surpasses the little share that Bitcoin is attempting to eat.

See also: How will Bitcoin change Remittance? Will it?
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