Banking the unbanked is not a business plan. It's a charity. Does housing the homeless sound like a good business plan? if not, why are we dumping money into wealth-destroying regions with no history of respecting property rights?
MNOs are lousy bankers, backing failing project after project. Just pay for stuff AFTER we get it. Why is this so hard to grasp?
I agree with this. Some efforts at adoption in Africa and Venezuela and so on is nice, especially larger remittance markets and also as a template for adoption elsewhere, but it won't return the investment in terms of increasing Dash's value because these people don't have very much money.
If each person has just a few dollars, even tens of millions of them are fairly insignificant really.
I disagree, billyboy's "pay for stuff after" will not work, when people dont have the money to setup their own projects. Projects will never come off the ground this way.
Only rich people can effort a "pay for stuff after" model.
What billyboy fails to grasp is that mainstream adoption is what our dev team is aiming for from the start. With mainstream adoption Dash will be used by
the millions as a fast, low costs, transaction provider. Mainstream adoption will make it easier for Dash to get positive news coverage, attract more users and
get integrated by more merchants. More transactions leads to more traded volume, leads to more adding by large exchanges (Coinbase, GDAX).
All of that will increase Dash value.
We are finally seeing the first signs of mainstream adoption in Venezuela and maybe also in Colombia, which to me indicates we are on the right track.
Dash Evolution (a very large and fundamental update, to be released Q4 this year) should amplify and fortify the mainstream adoption efforts for 2019 and beyond.