Bitminutes

the world needs a reliably priced, universally accepted unit of exchange for mobile payments. bitminutes builds on the universal acceptance of mobile phone airtime minutes to create a simple but useful international unit of exchange. what are bitminutes? bitminutes are prepaid cellphone minutes that are designed to collateralize micro-loans for over 2 billion consumers in 70 countries. micro-loans are too small, and unprofitable for banks, so consumers pay 80-100% interest rates. bitminutes' ability to support small financial transactions profitably turns any corner reatiler into a corner banker in a trusted agent network (tan), offering micro-loans at 50% discount to current rates. network marketing effectively expands the tan network to become a virtual cloud-based financial services provider to under-served communities globally. bitminutes are also real currency. use as phone minutes (call the philippines for 20 minutes using one bitminute, for example) or to pay bills at participat