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.
⚡️🚨 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
Discussion
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 🔥