"Most of these institutions can only operate within a specific geographic area." Indeed! It's such a pain for travelers not to be able to purchase what they want when they don't have cash or any financial instrument accepted in a certain country. Glad crypto and other digital currencies are being innovated not just as a piece of a digital asset but as well as a new innovative currency without geographical limitations.
Really hoping that someday in our area, it will be one of the payment methods for large malls. Heck, it'd be great if it could be accepted in simple stores too!
The challenge is for individuals and businesses. Think if multinational corps that have to endure currency risks and hits simply due to movements in the FOREX market.
None of that with HBD.
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