Amit Mishra
1.4K posts

Amit Mishra
@Amit_Defi
Web2 gave me skills, Web3 gives me headaches (and hope)🚀 Shift Manager @Dominos & Ambassador @rootstock_io @arbitrum



My maternal grandfather was a house servant in Mumbai. Every time he had to send money back home to my grandmother and kids, he had to walk 3-4 km to reach the nearest post office. Home was a small village near Dwarhat in Uttarakhand, which didnt even have road access back then, the closest road came much later and was still about a km away from the village. And sending that money wasnt a quick errand. He had to take half a day off, sometimes a full day, just to stand in long lines at the post office and send a "money order". The maalik he worked for would get pissed about it and cut his Sunday leave, and Sunday was the only day he had off in the entire week. He paid a fee that wasnt cheap for him, and even when everything went smoothly the money would still reach days later. That was the reality of being poor, you had to toil just to move your own money. The fees were somewhat manageable because India had a nationalised postal service, but they were still harsh for a guy like my grandfather. The delays were the worst part. If a money order got stuck for a week or two my grandmother would end up borrowing wheat and dal from neighbours, especially in peak winter when supply was already tight. Sometimes during strikes or disruptions he had to trust random intermediaries to carry the cash for him. You just didnt have many other options. And this isnt some old story. The global average cost of sending remittances today is still around 6-7%. Thats what the poor are still paying just to move their own money across a border. Now someone can send dollar stablecoins across borders in seconds for less than a cent, no bank sitting in between taking its cut. In Latin America, Africa, Southeast Asia, stablecoins are already becoming part of how people actually live. When your own currency is devaluing year after year, nobody has to sell you on the idea, you just want something stable you can hold and send whenever you need to. My Nanaji deserved this convenience 50 years ago. Billions of people still deserve it today. Thats why @0xPolygon wants to move all money onchain 💜






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