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by solotronics 2252 days ago
The cool thing to me about Bitcoin is the setup for someone new who is unbanked is really quick. You can have someone in Zimbabwe with nothing but a cellphone download an open source Bitcoin wallet and send them money in 10 minutes. They can take this and withdraw cash from and ATM or use Bitcoin and you don't have to go through all the friction of international payments and banking.

Since it works with pub/priv key cryptography its a push model and so you can securely send money to anyone, anywhere, anytime. No bank needed.