Serious competition for doge.
A lot of people here seem to believe bitcoin and dogecoin share the same future. The will not. Bitcoin is a store of wealth Dogecoin will never be a long term store of wealth (100 year+). No-one seriously puts his retirement fund into a dogewallet. Dogecoin is used for tipping for deeds or payment for small goods. The proplem with this is the ever faster growing blockchain. Other alternative payment methods dont have this burden and are a lot faster and can be used with less technological advanced products.
So has anyone heard of Paga? (
https://www.mypaga.com/) or others?
One million users in Nigeria (seriously) are using it for mobile payments.
Its a service that "provides you with a fast, convenient and secure way to make and receive payments," one which describes itself as "the best alternative to carrying cash, using checks or ATM cards, traveling to and from the bank, and waiting in long lines to process payments."
Check this out
http://www.businessinsider.com/10-financial-innovations-more-exciting-than-bitcoin-2014-1Wow, if a well developed, rich country with such wealth as Nigeria is using it, then it must be good! :-D