When people think of exchanges to sell their Bitcoin, there are a lot of caveats to take into account. First of all, it can take a while to execute these payments, albeit most services do so within 24 hours. On the other hand, international wire transfers remain very expensive. Bitcoin can’t solve that problem when users want a bank transfer in fiat.
As Bitcoin reaches ten years on The Currency Scene we thought you'd enjoy this fantastic infographic courtesy of our friends over at BitcoinPlay (recently UPDATED!) A big shout out to Josh & Karthik over at WebmastersJury who worked on the project and provided the suggestion and permission to re-publish here. Follow along to learn...
Indications are rife that Bitcoin use will grow in parts of Africa in the coming years in the mobile payment market which Statistics says is expected to grow to 101.34 million users in 2016.