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Saturday, December 20, 2014

What Bitcoin Can Learn From Mobile Money's Journey

By  (@sboonemartin)

Sarah Boone Martin is founder of Rock the Coin, an organisation that engages in grassroots community outreach about bitcoin. She is also CEO of Boone Martin, a global communications firm that focuses on social impact investing.

Many of the greatest challenges faced by bitcoin today – adoption,
scale and regulation – mirror those of its predecessor: mobile money.

When launched in 2007, mobile money was just as foreign and raised as much alarm as bitcoin. Though it has since spread to 60 million active users, mobile money was not an overnight success. However, we now have seven years of data about its achievements and failures that we can learn from and use to shape the choices made by those in the bitcoin sphere.

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