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How do you make money off of people who don’t have anything though?

Well these people pay rent, electricity, phone bills, buy clothes, food, education for the kids, have cars, etc... Surely you can make money from them.



That's right. Maybe he thinks we have very few smartphones here too. In fact, smartphone adoption(Android especially) is growing really fast here (I can't give figures though)


You said in some other reply that there's a problem with moving money around. Don't smartphones help with that?


Yes, but the smartphone adoption rate is faster than mobile money adoption. I'm positive it'll take a different turn in a few years to come.




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