[2014-07-26] Bitcoin Tracker | Week 33

[cescan]

http://www.pymnts.com/exclusive-series/2014/bitcoin-tracker-week-33/#.U9M4rKOBlAY

Turns out Market Platform Dynamic’s David Evans isn’t the only bitcoin disbeliever. Bloomberg Businessweek had a group of illustrious bitcoin disbelievers on a June 24th segment about the future of bitcoin. They haven’t  been drinking that bitcoin Kool Aid. Check out the discussion here and don’t miss a clip where Bloomberg interviewed David Evans about his views on if bitcoin could help transform financial services in developing countries, like MPESA has for Kenya. His view – how is bitcoin going to help someone who needs cold hard cash to buy stuff in their villages?  It doesn’t.

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[Kprawn]

A possible alternative for BTC growing VERY fast in Africa at the moment is https://www.mpesa.in/portal/

They bypass banks, and transfer money via cellphones and they withdraw and pay bills, without any problems.

This might be the technology, that would compete directly with BTC for the hearts of India and Africa. {Biggest unbanked population in the world}

Sit up and take note, BTC is not the only solution for this problem.