Want to create an interactive transcript for this episode?
Podcast: Payments on Fire™
Episode: PoF 17 - Aligning Bitcoin with B2B Remittances
Description: Paying invoices and moving funds aross borders for small and medium business (SMB) is expensive and full of uncertainties. How much does the recipient actually get once the transaction is finished? (Hint: it's not always what was sent.) How long does it take a San Francisco firm to pay an invoice to a contractor in Berlin or Hyderabad? (Hint: it's hard to know exactly when it gets there).
Since there's no such thing as an international wire, entrepreneurs in the virtual currency space have been looking at how these new math-based "rails" can move money faster at lo...