Some potential benefits of using Bitcoin for international money transfers include:
Faster transactions: Bitcoin transfers can be completed within minutes, compared to traditional bank transfers that can take several days.
Lower fees: Bitcoin transactions typically involve lower fees compared to traditional banking fees for international transfers.
Decentralization: Bitcoin operates on a decentralized network, which means transfers can be made without the need for intermediaries such as banks or financial institutions.
Borderless transfers: Bitcoin can be sent and received_