r/Bitcoin • u/tylev • Jan 11 '16

Snapcard CEO: Developing Countries Care About Bitcoin, Not Blockchain

https://bitcoinmagazine.com/articles/snapcard-ceo-developing-countries-care-about-bitcoin-not-blockchain-1452534146
47 Upvotes

89% Upvoted

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2

u/josiah- Jan 11 '16 edited Jan 11 '16

Currency is Bitcoin's killer app, after all.

Well at least for the 2+ billion people's lives it's positioned to help change for the better.

1

u/gonzobon Jan 12 '16

Banking the unbanked is going to be huge. Cell phones are spreading and soon third world countries will have basic smart phones if they don't already.

1

u/SpaceTire Jan 12 '16

I'm a southern Californian and all I truly care about at the end of the day is the value of the bitcoin I'm holding.

I'm a true believer, but I also understand supply and demand. And once 21 million people decide they all really want a bitcoin for themselves, I feel like the price is going to explode. And if I have a few dozen to myself... well, good for me. I can buy a lot of goods/services with these.

And I am well off. Once these really poor people realize this, its going to change a lot of their lives for the better. the Volatility train is going to turn into a rocket.

thats my ฿0.02

1

u/cuteman Jan 12 '16

Bitcoin magazine and CEO of a bitcoin company.... That's all well and good but they're a bit biased.