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by rthomas6 3426 days ago
In a few countries like Kenya and Tanzania, this concept is already in use and is extremely widespread. A LOT of people use this system instead of having a bank account. They even use it to pay bills and buy things at stores.

https://en.wikipedia.org/wiki/M-Pesa

1 comments

Yeah - but they're not talking about mobile money - they're talking about bitcoin.
Yes, but unlike bitcoin, M-Pesa is actually used by average people.