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Vodafone Advertises Bitcoin After Leaving Libra

Vodafone Advertises Bitcoin After Leaving Libra

Vodafone Advertises Bitcoin After Leaving Libra-techcryption

UK-based cellular provider, Vodafone has incorporated Bitcoin in its recent German advertisement that first went online on the company’s Facebook page last week. It is notable that Vodafone was one of the founding members of Facebook’s Libra.

Vodafone was reportedly one of the companies that were willing to run a node on Facebook’s Libra by paying $10 million. Unfortunately, due to regulatory issue, Vodafone became one of the companies that withdrew from Libra Association.

Bitcoin’s appearance became the talk of the town because it is just less than a month since Vodafone left Libra and the reason behind it was Vodafone wanted to concentrate on M-Pesa, its P2P payment system.

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“Since Vodafone has said itself that it is trying to focus on creating financial inclusion in developing economies, it’s possible that it sees Bitcoin’s open source and permissionless nature as the way forward.”

Bitcoinist.com
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