Bill Gates: how mobile banking can change the lives of the poor
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This February, Bill Gates is acting as The Verge’s very first guest editor and will be sharing his vision for how technology can revolutionize life for the world’s poor by 2030. In this episode of the Big Future, our animated explainer series, he talks about the vast potential of mobile banking.
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every trick in the book will be used to purge hard currency from the monetary system once done we will all be chipped either bio metrically, or credit cards, or radio cell devices cash will always be king just not to the masses
Bill Gates almost saw the light. now he has to learn about Bitcoin 🙂
Wait, the poor who can’t afford school and buy cows.……
They have cell phones ?
“ATM Machines”
mobile banking is not new especially in some countries in Africa such as Kenya where it has been in use for so many years…really America? really? 2030?! you are soooo behind
These videos are so well made its insane
Certainly mobile banking can help the poor. But what the poor really need is more money.
the video is soo awesome that i watched whole animations and understood nothing
Please donate to help the less fortunate 🙂 http://www.gofundme.com/l7xmqg
All I hear is how to bring more poor people into the current financial structure. Have even more control over “assets” in the name of progress.Into the system that ruined most of our lives and the lives of our complacent parents who had no clue. This makes me sick. Technology isn’t always the answer. Common sense has no place in the financial hierarchies and mathematics, that’s why the monetary systems are not working. They allow the richest people to take unethical courses because they can cope with the fallout. And having more people (aside from denominations like “poor”) only will make the rich richer and the poor… dead.
So these videos are just animated versions of The Verge’s full interview from 2 weeks ago?
great job at art work!
Its what GOOGLE WALLET is now!
You can send money to your friends with just one click!
Bitcoin. How did he not mention bitcoin at all in this video?
Yes, it’s true. Lower cost : no bank tellers, no fix cost, no ATM.
Yeah Bill, the poor are still picking up the tab.
Brilliant job on the animations!! Very nice!!
In Kenya we have nice mobile banking systems that work on any GSM cell phone.
MPESA (most popular), Airtel Money, Orange Money among others.
I agree with Mr.Bill Gates. It changes lives.
However now they charge high for transactions, but most people overlook this because of convenience or emergencies :/
Mobile banking for the poor, mobiles for the poor… people who cannot send their child to school will buy a mobile…
Surprised no one pointed this out
haha bill gates and his fellow parasites wont be winning the war on humanity to chip us all
How about when banks start charging you for being poor? And they set highest interest knowing that you can’t repay? I think it could be worse for poor.
People are just to stupid to understand.
Wow, the poor now have mobility of their lack of assets. They can now be poor everywhere they go, unlike now where they are poor wherever they are.
We need to change the Mafia Central Banking System, that’s what we need!
Buy Bitcoin!
Xrp thank me later
This is the major disease thats needs elimination by 2030
It’s already done in 2020 in India. 10 yrs. before Bill’s prediction. It’s called UPI. We pay even a vegetable vendor with UIP. Everyone has it. All u need is a mobile no.
The poor more control over the assets! What a laugh! What assets? Bill has them all…
One of the few billionaires who thinks about the poor. Things you might not know.