When Bitcoin was created in 2008, the goal was to create a universal electronic monetary system without the intervention of governments and central banks. The only problem is that no one has used it.
Advance to today and you can exchange bitcoins for local Fiat in almost every country in the world and no one can stop it.
Coin Currencies and competing currencies have come a long way, but they are incomplete for international remittances. It's not only annoying to write a 34-character address every time you send money, but if you make a mistake, you can not cancel the transaction and refund your money. Can make the entry and exit ramps restricted to encryption is also difficult to exchange local currency currency.
For most people, using a service like TransferWise or PayPal to send money is the best option. In exchange for small transfer fees, these services abstract the complexity of ACH deposits and exchange rates. All you have to do is click the button to send money thousands of miles away.
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