You are viewing a single comment's thread from:

RE: Cubans Can Now Pay Their Electric Bill Using HBD

in LeoFinance2 years ago

Absolute game-changer. The biggest development with Bitcoin in the last few years has been the ability to pay real world expenses with it, whether it be via BTCPayServer, Galoy, Bitcoin Beach, or other services, people paying their utility bills, groceries, even gasoline, with Bitcoin, has had a tremendous impact.

With that being said, this is a huge development, regarding the acceptance of $HBD as a form of payment for electricity in Cuba. Since the 1950s, Cuba's economy has been isolated from much of the USD-denominated system. Having a work-around is vital to the progress of the Cuban economy, in the 21st century, and I believe Hive and HBD will play a role in bringing the people into the era of digital P2P payments without needing a bank account or depending on intermediaries, as SWIFT has pushed.

Posted Using LeoFinance Beta