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Title: [2014-04-01] SMH: The next currency killer: African e-money M-Pesa Post by: bryant.coleman on April 02, 2014, 05:03:36 AM http://www.smh.com.au/it-pro/business-it/the-next-currency-killer-african-emoney-mpesa-20140331-zqp9j.html
Quote All the talk of Bitcoin in recent years has overshadowed the real e-finance revolution: in Africa, India and now Eastern Europe, a service called M-Pesa has replaced banking for millions of people who don't have or, in fact, even need a bank account. Great news from Africa!! Title: Re: [2014-04-01] SMH: The next currency killer: African e-money M-Pesa Post by: Sithara007 on April 02, 2014, 05:43:58 AM WU charges very heavy fees for sending remittances to Africa (10%+ in some cases). No wonder that the Africans are shifting to Bitcoin.
Title: Re: [2014-04-01] SMH: The next currency killer: African e-money M-Pesa Post by: bitfromit on April 03, 2014, 07:45:53 AM fyi bitpesa (kenya) was recently interviewed by max keiser 2nd half http://rt.com/shows/keiser-report/episode-577-max-keiser-814/
Title: Re: [2014-04-01] SMH: The next currency killer: African e-money M-Pesa Post by: bryant.coleman on April 03, 2014, 08:01:51 AM WU charges very heavy fees for sending remittances to Africa (10%+ in some cases). No wonder that the Africans are shifting to Bitcoin. Remittance is the main factor which is pushing upward the use of Bitcoin in Africa. However, I hope BTC will be used in other sectors as well in the near future. Title: Re: [2014-04-01] SMH: The next currency killer: African e-money M-Pesa Post by: runam0k on April 03, 2014, 10:54:55 AM Google Kipochi - bringing Bitcoin to M-Pesa! M-Pesa is somewhat limited by region and/or at the whim of particular telco operators; Bitcoin represents a natural extension of the concept. Think African traders cashing in their M-Pesa minutes for Bitcoins to trade or send money internationally. Exciting times for the otherwise unbanked.
Title: Re: [2014-04-01] SMH: The next currency killer: African e-money M-Pesa Post by: bitfromit on April 03, 2014, 12:32:00 PM Google Kipochi - bringing Bitcoin to M-Pesa! M-Pesa is somewhat limited by region and/or at the whim of particular telco operators; Bitcoin represents a natural extension of the concept. Think African traders cashing in their M-Pesa minutes for Bitcoins to trade or send money internationally. Exciting times for the otherwise unbanked. be carefull of Kipochi. Right now there is no way to get BTC out you can only "transfer" numbers to another mobile number. Title: Re: [2014-04-01] SMH: The next currency killer: African e-money M-Pesa Post by: guybrushthreepwood on April 03, 2014, 01:35:28 PM Wait, have I missed something, but what does this have to do with Bitcoin?
Title: Re: [2014-04-01] SMH: The next currency killer: African e-money M-Pesa Post by: bryant.coleman on April 03, 2014, 01:44:46 PM Wait, have I missed something, but what does this have to do with Bitcoin? Because M-Pesa is making Bitcoin popular throughout Africa. Read this article: https://kipochi.com/blog/kipochi-launches-first-bitcoin-wallet-in-africa-with-m-pesa-integration |