Written by Sam Bowman | Friday, January 14th, 2011 | Estimated reading time: 0 minutes Less than a minute
Some good comments here. I’m wkiorng on projects in this broader area and the opportunities revolve around the distributed M-PESA type agents dispensing or taking cash in exchange for bitcoin. This effectively puts mobile operators like Safaricom (and others) in the position of exchanger. The conversion fee becomes a larger component than the transaction fee, but it also opens up African currency markets to a worldwide payments platform.
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