Bitpay & KnC accepts Bits as visioned by BTCIndia

[BTCIndia]

Alternate perspective:

http://en.wikipedia.org/wiki/M-Pesa

http://en.wikipedia.org/wiki/M-Pesa#Markets

http://www.mobilepaymentstoday.com/article/216119/M-PESA-meets-Bitcoin-with-new-service-in-Kenya

M-pesa was sucessful in Kenya because they had no other alternation then to accept mobile money. Plus, mobile penetration was great! Same is not with other countries. Goverment and people here tried to introduce mobile money but it failed. I can think of following reason:

1. No past experience with digital money. Neither people have used gaming tokens, redeem codes or any other thing on large scale.
2. Like China, we don't have large gaming community(people experienced with virtual coins) to understand value of online money. Yeah! There was a time when 1 million Texas Poker were sold for 10,000 rs in India.

[bitpop]

They don't think like us. One country has begun using cell phone minutes as currency!

[BTCIndia]

http://www.coindesk.com/knc-wallet-bitcoin-price-bits/


As visioned by BTCIndia.

[LiteCoinGuy]

i support and like this concept of BITS. most stocks of out split their value from time to time to look "cheaper".

[Mars not Moon]

Good point. It took me some days to actually understand what Bitcoin actually is, after hearing it for the first time randomly on internet.

[BTCIndia]

i support and like this concept of BITS. most stocks of out split their value from time to time to look "cheaper".

Exactly! This is what I was saying to boost mass adoption.