yBC.tv's video: Peter Vessenes: The tipping point for digital money

I think we’re likely to see kind of a tipping point at some point. We’ve had a few of those so far and it’s history but because it’s - right now I think it’s at a point where consumers need merchants, need consumers and so we’re starting to see I think, the most interesting businesses in Bitcoin right now, in Africa and India where they are reaching like large groups of people that are just coming online, just getting cheap smartphones and up until now have no chance of financial inclusion whatsoever. So the fact that I could get money to a village in Africa right now, instantly for no fees, it’s really amazing. I think, you know, we’re still just probably a couple of years from the usability on the software and the reach of these cheaper smartphones and so on all hitting but at some point I think we’ll just see kind of a tipping point where it’ll be like, boom. Peter Vessenes, Chairman, Bitcoin Foundation Interview via CSC's Leading Edge Forum https://leadingedgeforum.com/