Prepaid Mobile Credits: How the Developing World Will Adopt Bitcoin

Prepaid Mobile Credits: How the Developing World Will Adopt Bitcoin

Bitrefill is connecting bitcoin to the second-most modern form of electronic money — prepaid phone credits. The service lets users punch in their mobile number, select the amount they wish to add, and then pay in bitcoin. But more importantly, phone credits are the only digital form of currency many unbanked people, which total over 2 billion across the globe, are familiar with. Connecting bitcoin to prepaid bills creates lots of interesting possibilities, like remittances and payouts. Furthermore, it also “anchors the value of bitcoin to something concrete in many countries where there....


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