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Topic: 2012-05-12 forbes.com The Somali American Remittance Dilemma (Read 1212 times)

legendary
Activity: 1400
Merit: 1005
Now all that has to happen is one of those damn pirates demand Bitcoins as ransom and then we'll really be on the map.
You could always start a bounty for it...

A Bitcoin bounty for a pirate to request ransom in Bitcoin.  Ha!
vip
Activity: 1386
Merit: 1136
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Now all that has to happen is one of those damn pirates demand Bitcoins as ransom and then we'll really be on the map.
legendary
Activity: 1862
Merit: 1105
WalletScrutiny.com
legendary
Activity: 1092
Merit: 1001
Quote
The Somali American Remittance Dilemma

Jon Matonis
2012-05-12

http://www.forbes.com/sites/jonmatonis/2012/05/12/the-somali-american-remittance-dilemma/

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Wait a minute! Doesn’t bitcoin allow for rapid and trustworthy international value transfer? Isn’t bitcoin fairly easy to obtain in the developed economies of North America and Europe? Doesn’t Somalia have good telecommunications infrastructure supporting mobile phones?
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Also posted here: http://somalilandsun.com/index.php/in-depth/690-the-somali-american-remittance-dilemma

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