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Topic: [2014-11-05] CCN: The Cell Phone Connected the Unbanked, Bitcoin Will Bank Them (Read 764 times)

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The Cell Phone Connected the Unbanked, Bitcoin Will Bank Them

https://www.cryptocoinsnews.com/cell-phone-connected-unbanked-bitcoin-will-bank/

Cell phones are technically more advanced and much more flexible than landline phones, and today they offer a lot of new and useful options, but the main reason for the explosive growth of the cell phone market worldwide is financial inclusion.

Frisby argues that Bitcoin can do the same for banking and financial services. Suddenly, the unbanked of the world are able to send and receive electronic cash online, no questions asked.
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