In countries where checks, credit cards and bank accounts are rare, the device you use for mere phone calls becomes a handy bank. Airtime minutes are currency.
That’s just a hack of the prepaid cellphone system. When companies start to take this market seriously, interesting things happen.
With Bill and Scott, let’s discuss:
- What does “digital money” cover? How do alternative currencies fit?
- Which efforts or countries have been successful? failures? why?
- What is the design frontier for digital money? the most promising projects?
- How might digital money evolve from here?