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Bitcoin Nordic brings Bitcoin to 300M people in the Middle East and North Africa

28 pointsby Kenanalmost 13 years ago

3 comments

malandrewalmost 13 years ago
Finally someone targeting the markets where bit coin is most likely to succeed.<p>TBH, I'd love to see all the bit coin startups band together and focus on Africa. It's 1/6 of the world's population without a legit banking infrastructure. In fact, the less traditional banking a country has, the better a target market they are. Bitcoin solves a problem they have, whereas in places like the US and Europe it is merely a better mousetrap and only in the long term. Short term it is worse.<p>Besides countries in Africa, I would target countries based on inflation and currency volatility. The greater the inflation, the more demand there will be among regular people for for a currency free of inflation.
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mtgxalmost 13 years ago
Iran might really need it these days.
melvinngalmost 13 years ago
This is pretty cool, let's hope it doesn't push the currency higher.