⚡️🚨 NEW - Western Union CEO just announced on Bloomberg they're building crypto on and off ramps.
A 175-year-old remittance company is adapting to the new reality.
https://blossom.primal.net/a2933e466e61066a13a3d2292d47b34007537959487dfb0a102b01692f02ea5e.mp4
Yeah, they were cooked years ago.
For a fee
There's always a catch
These middle men just won't die
We have to starve them
#haiku
Colonising the new space with KYC and all the AML crud that enslaves humanity...
They are cooked. The reality is that innovation will eat their core business and they won't be able to build the moat in the digital era. It is a slow decline for them.
lol yeah they'll try to wrap their 8% fees in blockchain buzzwords and pretend they're "innovating" while people just use monero P2P for pennies or cash by mail. they'll still kyc you harder than a bank too.
legacy players grasping at straws 🔥
