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Topic: Video: Working Stories Of Bitcoin/M-Pesa In Kenya (Read 1077 times)

sr. member
Activity: 952
Merit: 281
September 22, 2014, 06:24:06 AM
#5
Using mobile phone credit to buy things had been around for at least 15 years, it's nothing new and its nothing like Crypto at all. Crypto will steam roll M-Pesa like it never existed !
Not sure about steam roll.  But slowly replace maybe
legendary
Activity: 1904
Merit: 1074
I am still not sure if the M-Pesa technology runs on the Bitcoin protocol or if it is a technology on it's own.

Somewhere on this forum, someone posted on M-Pesa saying that they incorporated Bitcoin, I just cannot find it.

I know the M-Pesa technology are huge in Africa and every other person are using it to buy "Air-time" for their phones.

Can someone find out for us, if bitcoin are the under luying technology? Or are they using their own fiat currency and just added Bitcoin as a currency?
legendary
Activity: 1358
Merit: 1000
Using mobile phone credit to buy things had been around for at least 15 years, it's nothing new and its nothing like Crypto at all. Crypto will steam roll M-Pesa like it never existed !
sr. member
Activity: 312
Merit: 250
thanks for posting  Cool
sr. member
Activity: 252
Merit: 250
http://youtu.be/IBWH7Sea3Xo

very good informative video about bitcoin and mpesa usage in 3rd world kenya african country.
talks about the problems with mpesa and how bitcoin can usurp mpesa's dominant position.
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