If you think getting a Visa card is hard in Rwanda, getting a merchant account so you can accept Visa payments is a whole different story. And again, here Bitcoin shines. Someone in Rwanda that builds a compelling service can instantly start taking payments from the rest of the world, without asking for permission, without filling out any paperwork and with the same fee structure as the biggest retailers.
Brilliant blog post. The best idea around Bitcoin I've heard for a while. There's probably room for a startup to help spread bitcoin in the developing world
Brilliant blog post. The best idea around Bitcoin I've heard for a while. There's probably room for a startup to help spread bitcoin in the developing world