2 ms·

mPesa has been around for longer, and has a bigger momentum. I don't think there's anything to get out of this besides that. Also, how many people there have at

mPesa has been around for longer, and has a bigger momentum. I don't think there's anything to get out of this besides that. Also, how many people there have at least smartphones, if not PCs, to make their Bitcoin payments? With mPesa you can do it through SMS if I'm not mistaken. So again, of course the market for mPesa is bigger right now. I also don't think it's fair to look at Bitcoin's growth "over the past 5 years", and just conclude Bitcoin "has been flat", when it's just starting to take off now in some countries, and the fact that those regions don't have a ton of smartphones doesn't help.

infruset 13y ago
Maybe this will help BTC take off? https://coinbase.com/sms_service https://coinbase.com/sms_service
- tzs 13y ago
  That one depends on how long Coinbase manages to stay around. They are registered as a money services business with FinCEN, but they do not seem to have registered with the states. It's possible that they did FinCEN registration first (as that is the easiest and I believe is free, whereas the states require that you have a bond), and state registration is in the works, but I've not seen any evidence of that. I'd expect that if they were actually in the midst of getting that done, they would be trumpeting that fact widely, as it would be a great way to make themselves stand out from all the illegal-with-no-intent-to-become-legal Bitcoin money transmitters.