Another good use was pointed out in the excellent TEDx talk (https://bitcointalk.org/index.php?topic=115555.0):
the ultra poor -- those who have no means of establishing financial arrangements with banks and have no safe place to store their money -- could use Bitcoin not only as a bank but also as a global payment system.
the ultra poor -- those who have no means of establishing financial arrangements with banks and have no safe place to store their money -- could use Bitcoin not only as a bank but also as a global payment system.
Someone else mentioned this type of thing earlier and I wanted to comment. Very cool thinking and it appeals to me a lot. Is anyone actually trying to put this into action?
Not that I'm aware of...I mean, not directly. A cheap Ellet would go a long way
