If the wild success of M-Pesa is any indication, then the traditional finance industry will reach the next billion consumers well before an obscure technology like Bitcoin will.
Given that M-PESA is run by a telephone company, is it the traditional financial industry or not? It can be argued both ways. SafariCom effectively runs a bank, but it is nonetheless primarily a technology company.
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If the wild success of M-Pesa is any indication, then the traditional finance industry will reach the next billion consumers well before an obscure technology like Bitcoin will.
Given that M-PESA is run by a telephone company, is it the traditional financial industry or not? It can be argued both ways. SafariCom effectively runs a bank, but it is nonetheless primarily a technology company.
So, simultaneously? Look up bitpesa and the SMS based hosted wallets.