Bitcoin Forum
April 23, 2019, 03:25:03 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2015-01-29] Digital Currency Can Help the Poor  (Read 459 times)
zakoliverz
Hero Member
*****
Offline Offline

Activity: 542
Merit: 500


View Profile
January 29, 2015, 02:35:18 AM
 #1

http://gizmodo.com/bill-gates-digital-currency-can-help-the-poor-but-not-1682346647

Mobile banking costs almost nothing to process, so it actually is worthwhile for banks to provide the service. That means digital money offers an opportunity for mobile banking, and hence the Bill and Melinda Gates Foundation is so gung-ho about giving people more ways to store their money.

So why not Bitcoin? The billionaire philanthropist and redditor called it "an exciting new technology" in today's AMA, but he doesn't think it's a very good tool to make banking easier in emerging markets because it's so volatile.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!