Braendgaard described New York-based media company Vice Motherboard’s report entitled “One Third of Kenyans Now Have a Bitcoin Wallet” written by contributor Daniel Stuckey an “insane invention.” To be fair however, a section of Vice Motherboard’s article read:
“Thanks to bitcoin, it’s about to become a lot easier to move money in Africa. M-Pesa, a successful mobile money platform in Sub-Saharan Africa, is embracing bitcoin. The service will give rise to transactions with negligible fees (~$0.04), and could dramatically slash revenues of existing money transfer services like Moneygram, Western-Union and Paypal.”
How often do they use the bitcoin if 1/3 of them have bitcoin wallet?
Topic: [2016-01-12] Former Kipochi CTO Explains Controversial M-Pesa Deal (Read 284 times)
January 12, 2016, 03:40:12 AM
Bitcoin startup Kipochi struggled to maintain its bitcoin service in Kenya, after the country’s largest mobile operator Safaricom terminated the firm’s operation with Kopo Kopo, popular Kenya-based merchant payment service provider. Kipochi’s service enabled users of M-pesa, a mobile phone-based money transfer, financing and micro-financing service launched by Vodafone for Vodacom and Safaricom to trade and receive remittances in Bitcoin using the M-Pesa network.
http://www.newsbtc.com/2016/01/11/former-kipochi-ceo-explains-controversial-m-pesa-bitcoin-deal/
http://www.newsbtc.com/2016/01/11/former-kipochi-ceo-explains-controversial-m-pesa-bitcoin-deal/
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