This is good news, but: How exactly is this target group supposed to get hold of bitcoins? Oh, right. There are no bitcoin exchanges in Kenya, Haiti, Cuba, or Iraq. I am not being sarcastic, but genuinely concerned about this problem.
Bitcoin has many "chicken and egg" type issues, this being one out of many. I wouldn't let it get you down, as the more that services build up that accept BTC, the more incentive there will be for people to set up exchange services of some sort in these countries.
I thoroughly applaud this move, we now have:
- highly significant competitor to electronics stores in the form of bitcoinblaster.com and bitcoinstore.com (and I'm really hoping the latter will continue to branch out into more of an amazon.com competitor, early signs of this already)
- digital locker hosting courtesy of Wuala
- significant acceptance among MMPORG sites, either directly or indirectly through forums
- online marketplace in Bitmit.net
- various merchants for precious metals and coins
- limited but growing foodstuffs and real life restaurants/bars (really looking forward to more growth in this area, everyday use products like food and toiletries are a vital link for any fledgling economy)
- several VPN providers now accept
- various payments and transaction services
- perhaps more gambling than sites than necessary (it was bound to happen though!)
- wordpress, one of the big players in blog hosting
Some of these businesses have the potential to really outcompete their fiat alternatives, and a name like wordpress stepping in will only put pressure on the more established outfits to look into Bitcoin. Quite exciting to contemplate, we are beginning to get a real momentum together.