“The Future of Money” | 60 Minutes Archive
“The Future of Money” | 60 Minutes Archive
In 2015, Lesley Stahl traveled to Kenya, where a “mobile money” revolution was sweeping the country. Kenyans were sending and receiving money on their cell phones through the platform M-Pesa, which improved commerce and brought basic necessities to poorer areas.
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Cash app has been doing this for years.
Indian was UPI money transfer
WOW ❤❤❤
He unfortunately died….this must be an old report
Its like rich and greedy people are the worst here because they've convinced us it can't be better. All the while, they just make it worse and spend 2/3rds of their revenue to convince people that it's the best here and cant get better.
But I dunno, I'm just a peasant from a podunk town that is so small, its technically not even a town. All I've learned in my past is that people would rather listen to a rich butthole than a poor country boy that wants a better future.
m-pesa sounds like its working for the people! i hope that 60 minutes helped people out while they were there.
Thanks,
Where do they get the paper money from to trade in to become online currency I wonder?
This guy was a genius 😎
Thanks,
For a second I thought she was in a studio pretending to be in Kenya lol 😂
Sounds like Google Pay or Google Wallet. I like it!
So your phone goes dead or if you lost it, then no $. You starve
Love this!! American banks will hate it because less money made with less fees being paid and branches close etc.
It was all planned and patents issued decades ago, but 60 minutes will act as if governments and banks are looking for solutions. Banks don't need brick and mortar banks anymore.
It's great news… The banks are crazy and the CEO's gets millions….
Use Fediment
Wow, that’s very interesting. This idea is brilliant. The US should take note on that.
Ever heard of the blockchain? 😊
What happens if they lose their phone?
These people want to desperatelly survive where the west has become lazy. When you have nothing very little is appreciated much differently.
Banks beware. But that guy is right the bank lobbyist in congress would not allow that innovation here.
Africans are smart. 👍
Hate to admit it but yes, here i was wrong in Mpesa
Just use bitcoin
So…..who needs crypto currency?
So it’s a mini bank account. When the currency collapses your M Pesa go poof into thin air.
"You will own nothing and be happy"-WEF coming to a State near you😶
Nope, cash is POWER. I rather keep CASH!
O dinheiro 💰💶 assim como quase todas as coisas que existe é uma ilusão que foi criada, e você 🫵 acredita no que quiser. Pra uns vale muito e para outros vale pouco.
I thought it was invented in Africa😅, Poor me. Made in England for Africa
It is imperative for the sake of humanity that money remain in physical form and banking privacy is held in high regard. We must never support a completely digital financial system or form of money and payment