06 July 2005

A New Kenyan Currency

This is potentially very significant, given the ways in which currency is usually tied to debt and trade ... "What Michael Joseph has actually done is to create a new currency --a cyber currency that can be sent anywhere in the country at the press of a button, without needing a bank account or incurring high bank charges. You see what's happened: the mobile phone is multiplying its revolutionary impact on the lives of the poor, giving them facilities once available only to the rich. "
WorldChanging: Another World Is Here: A New Kenyan Currency:

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