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In a few countries like Kenya and Tanzania, this concept is already in use and is extremely widespread. A LOT of people use this system instead of having a bank
by rthomas6 10y ago
In a few countries like Kenya and Tanzania, this concept is already in use and is extremely widespread. A LOT of people use this system instead of having a bank account. They even use it to pay bills and buy things at stores.
https://en.wikipedia.org/wiki/M-Pesa https://en.wikipedia.org/wiki/M-Pesa
- loblollyboy 10y agoYeah - but they're not talking about mobile money - they're talking about bitcoin.
- jpatokal 10y agoYes, but unlike bitcoin, M-Pesa is actually used by average people.