The Rise of Rebittance : Reinventing money transfers in the Philippines with Bitcoin

Luis Buenaventura is Head of Product at Satoshi Citadel Industries, a Bitcoin startup operating out of the Philippines. Bitcoin advocates often emphasize that the cryptocurrency’s greatest impact will be on the “other 6.5 billion” people who have otherwise been excluded from modern financial tools and services. But far from being the magic bullet that Bitcoin appears to be on paper, bringing it to the mainstream in the developing world involves a multi-disciplinary initiative capable of surmounting some significant challenges. Just last month, the Philippines gave birth to its 100 millionth citizen, a baby girl named Chonalyn. The headcount was largely...

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: Reinventing money transfers in the Philippines with Bitcoin appeared first on The Next Web.

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