Bitcoin Millionaire Proves Crypto Revolution Can Spread Without Smartphones

A high school dropout just transferred cryptocurrency via satellite to a school in Ghana. No internet or smartphones involved. No fancy, expensive infrastructure.

Erik Finman, who turned 21 in October, has busted one of crypto’s biggest myths: that it can’t reach the unbanked in remote areas or low-tech regions with spotty internet or where people are living without iPhones or laptops.

Finman sent $1,000 of MTL, the native digital asset of the crypto platform Metal Pay, to St. Mary’s School in Korle Gonno in the Greater Accra Region of Ghana. MTL is made for everyday use, allowing people to transact it, store it, exchange it for other cryptocurrencies, make payments or cash it out to a fiat currency. Read More...