Low-Cost Firefox Phones Could Bring Bitcoin to Developing World
Mozilla, the company behind the Firefox web browser and Firefox OS, recently launched its first smartphones in India for the affordable price of $33. The phone is known as the Intex Cloud FX, and it could do more for Bitcoin adoption in the developing world than any of the high-profile startups in Silicon Valley. After all, how are these people who are in desperate need of access to banking, online commerce, and hedges against inflation supposed to use Bitcoin if they aren't connected at all times? Although Bitcoin is already available to feature phone users through text messaging, these....
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Mozilla, the company behind the highly popular internet browser Firefox, recently started accepting bitcoins through Coinbase toward the Mozilla Foundation. The foundation and initiative look to help protect the open web, collecting donations for their cause. It's an interesting time to be witnessing the browser competition. While Google is taking a stance and working to bring internet connections to the entire world through balloons, Mozilla is working toward internet privacy and open technology. Each company maintains increasingly popular browsers but take it a step further for their....
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In a guest post on Virgin Entrepreneur Dominic Frisby - the author of "Bitcoin: the Future of Money?" - argues that Bitcoin will do to banking what the cell phone did to telecom. Cell phones are technically more advanced and much more flexible than landline phones, and today they offer a lot of new and useful options, but the main reason for the explosive growth of the cell phone market worldwide is financial inclusion. "Quite simply, many people couldn't get access to the basic financial services needed to get a landline. Landlines were, except for pay-phones, credit-based. You needed a....