Comment on Allahcoin – Peer-to-peer Islamic currencyparentComments−mschuster9112yActually Bitcoin is like hawala, too, when used for cross-border finance transfer: the sender trusts the network that the reciever will be able to exchange the Bitcoins for the corresponding value in local currency.
Comments
Actually Bitcoin is like hawala, too, when used for cross-border finance transfer: the sender trusts the network that the reciever will be able to exchange the Bitcoins for the corresponding value in local currency.