Money sent by migrants to people in another country; Bitcoin can be one transfer rail, but access, exchange rates, fees, custody and cash-out determine the result.
Remittances is best understood as part of a system rather than as an isolated definition. Its related coordinates show the mechanisms, incentives and historical records that give the term practical meaning.
Remittances belongs to the documented history and social layer around Bitcoin. Primary records can establish what was published, built or decided; motives, influence and later interpretation should remain separate from those verifiable facts.
Understanding Remittances helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
For the clearest picture, read this entry together with Cross-border Bitcoin payments, Lightning Network, Bitcoin and financial inclusion, Bitcoin payment processor, Lightning liquidity. The reverse links also lead from Cross-border Bitcoin payments, Bitcoin and financial inclusion.
Linked to related atlas coordinates
Grounded in source data
Explains function and trade-offs
Part of the open Bitcoin knowledge graph