Post
Topic
Board Bitcoin Discussion
Re: Africa May Leapfrog Traditional Banking
by
IIOII
on 10/04/2015, 13:51:23 UTC
When the M-Pesa / Kipochi partnership was first launched, there were lots of interest, and it seemed that BTC will capture quite a lot of market share. But now it seems that things have cooled down a bit.

Unless African population is educated to use internet & smart phone, bitcoin has no future over there.

I disagree. I think the key is to offer more simple Bitcoin services that do not rely on internet & smart phones but on SMS service instead.

The problem is not that African people are not educated to use smart phones the problem is that simple cell phones are cheaper and more readily available (also in terms of infrastructure).