Post
Topic
Board Bitcoin Discussion
Re: These guys are UNBELIEVABLE.
by
cypherdoc
on 02/09/2011, 00:32:39 UTC

Don't get hysterical with joy yet.

You'll notice they use bitcoin as a proof that these things are possible, not that anything is really happening worth noting. And if you'll read the rest of the paper it goes on to show that African financial services and WoW gold are actually much, much more important than bitcoin probably will ever be. After all, how many new bitcoin users were there in Kenya today? One? Zero? There were thousands of new M-PESA users. These guys don't give a shit about bitcoin.

And frankly, I'm surprised that any of you all are shocked or angry that some think tanks are proposing obnoxious policy solutions. That's what they do. If nobody paid any attention to their whitepapers, nobody would give them any funding, and the moderate thinktanks are thus squeezed out of the public discourse.

i wouldn't be so skeptical.  someone here said they talked to an M Pesa rep the other day who admitted Bitcoin would be much less expensive to implement for Safaricom.  there's only so long that one can ignore a cheaper alternative.  we're also getting a Kenyan Exchange soon i think so the hammer will eventually come down by Bitcoin.