Bitcoin & the Ancient Hundi System in Thailand (Op-Ed)

By July 28, 2015Bitcoin Business

Note: the following article was submitted as part of CoinTelegraph’s Super Writers Contest. On a recent trip to the stunning Thai island of Koh Tao, I was introduced to the Hundi system . This ancient system of informal money transfer through a network of brokers is ubiquitous in areas where migrant workers have a duty to send money back to families in their homeland. Remittances to Burma

You may recall that Koh Tao is […]

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