OpenRuby.com

15 Sep '12, 12pm

Sending bitcoin to people in distressed economies, countries #bitcoin

I didn't know quite what to search for, so I apologize if this subject is a duplication. If so, please suggest appropriate search terms? Thanks! I'm curious if anyone has experience or information about sending money to people in distressed or underdeveloped countries using bitcoin. I have a couple of friends who have done charity work in such places. One worked in Cameroon and the other in Haiti. A common problem in such underdeveloped or war-torn locales is corruption and outright thievery. While honest people in these areas would benefit from money sent from friends, relatives or charity organizations in other countries, there is a problem with simply getting the money to the right person without some or all of it disappearing in transit. So bitcoin came to mind as what might be the ideal solution to such a problem because a person anywhere in the world could send coins...

Full article: https://bitcointalk.org/index.php?topic=109741

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