Will P2P Bitcoin Save The Unbanked?

Bitcoin often gets a bad rap and, by association, so can the organizations and companies looking to use digital currency platforms to power financial innovation.

Many believe that bitcoin is just for two types of people: techies or criminals. The latter is what has smeared bitcoin’s name. But there’s one company that launched in 2013 that’s hoping to bring a sense of security for those looking to embrace bitcoin as a legitimate cog of the financial ecosystem.

Meet BitQuick, a P2P trading platform that connects buyers and sellers of bitcoin directly, which promises to provide a safe and secure arbitration service. This platform allows anyone — even the unbanked — to buy bitcoin with cash anywhere.

And after its graduation from the Boost VC bitcoin accelerator program last May, BitQuick is equipped to have a trading volume of $1.2 million on a monthly basis. That’s up from $100,000 every 30 days, prior to that graduation.

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Read more ... source: TheBitcoinNews