Quote from: ArticMine on January 22, 2014, 12:50:08 AM

If I can make a suggestion coming from Canada, a developed first world country it is this:

Create a service that makes it easy for people in Africa to receive payments in BTC and have those payments converted to local payment systems that the local people use much like Bit-pay does for merchants. A good example would be a BTC to M-PESA gateway for people in Kenya.

Let us say Bob in Kenya needs to receive payments from Alice in Canada. Bob would sign up with the service in Kenya and is provided with a custom web page on a site in Kenya and a password for a sender to use. Bob does not need to have Internet access. Bob then provides the password and the site url to Alice. This can even be done by regular (snail) mail. Alice then logs into the site with the password provided by Bob. Alice is provided with a Bitcoin address to send funds to Bob. After say 3 confirmations the M-PESA credit shows up on Bob's phone.

The key here is that the service in Kenya does not need to concern itself with how Alice obtains the BTC or learn how to use BTC or for that matter what the regulatory requirements are in Canada. Leave that up to the Bitcoin community in Canada. Replace Canada by any other "rich" country and one immediately sees the benefit Bitcoin can provide here.

I mention this because I still recall a situation 18 months ago. I was waiting in line at the local Post Office, ironically to pick up some documents I needed for my MTGox account. The fellow in front to me wanted to send 70 CAD to someone in Kenya. I could not avoid to overhear that it cost him in the neighbourhood of 10 CAD in fees. Do the math please.

ArticMine your insight and direction are right on point. If I may take it one step further. This service you provide can be as little as setting up the system that allows you to be the point of access for many that are not fortunate of having access to the system. Provide a service that goes in direct contradiction to Western Union and your local bank branch.

Take for example Europe. There are many Africans that come to Europe and work and perform business and use systems such as Western Union to move cash flow back and forth for the set fee Western Union see's fit.

Check out your countries regulation on crypto currency and set up your new point of access. This technology opens the door for endless possibilities.

If you want to build up a network with Europe, send me a PM and we could talk about further possibilities.