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Wow. I really wish this was a more robust news piece but at least CNBC is showing something positive. The way the video ended made me feel like there was more that could be really told about how seamless and important this really is. Alena, the woman in Poland, sounded like she might cry or was shocked at the simplicity of it actually working.
The core message here is that the person in Miami 100% owned her own SATS. It wasn’t fiat in a bank that was being leverage for the banks benefit. She chose to send these SATS across the world to Poland in seconds, without multiple intermediaries taking multiple cuts of the money.
Of course the ATM probably takes a small cut but this is still at it’s infancy. I’m bullish on where this can all go in the future. I hope we see more stories like this and the hope it can bring to others.
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