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Author Topic: [2015-09-01] Ghanaian start-up Beam stopped its Bitcoin remittance services  (Read 205 times)
milaliss
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September 01, 2015, 07:13:38 AM
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Ghanaian start-up Beam stopped its Bitcoin remittance services
Beam, a start-up that allowed Africans to instantly remit money by using bitcoin, has announced shutdown of its Bitcoin remittance services.
http://www.coinfox.info/news/company/2916-ghanaian-start-up-beam-stopped-its-bitcoin-remittance-services
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Submotion
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September 01, 2015, 08:27:13 AM
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Well that's lame. Bitcoin could be huge for the remittance market but I think at the moment is not enough people are aware of it or are going to use it so it may be too early for bitcoin to become popular which may scare businesses off from using it.
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