Re: Does Bitcoin Cater to the Rich?

Actually, cell phones are the great equalizer:
- http://businesstoday.intoday.in/story/innovation-m-pesa/1/20189.html

Bitcoins can be used by mobile users, both businesses and customers.

Gee, that's interesting...

And the technical skill requirements? I have an older relative who has been using computers for 20 years and can't manage text messaging.

They likely will be dead before Bitcoin goes mainstream. I am only half kidding. Bitcoin is so small that even with rapid growth it could take a decade or two before it becomes as common place as say twitter.

Actually, I'm betting on some of your older relatives outliving Bitcoin, although the fact one can still trade in Second Life properties does give Bitcoin some hope of continuing as a sideshow among enthusiasts.