Post
Topic
Board Bitcoin Discussion
Re: Africa May Leapfrog Traditional Banking
by
Ludi
on 10/04/2015, 14:15:30 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 think you're being pretty ignorant here. Africa is a massive continent and contrary to popular belief they don't all live in mud huts with no electricity. Even many impoverished African countries have a mobile phone but don't and can't have a bank account so bitcoin could really flourish over there. The internet isn't as scare as you might think either and is being implemented there at an astonishing rate.