bitcoin competition for global payments ... "MFS Africa is one of the continent's major payment gateways. MFS Africa's digital payments network connects over 400 million mobile money wallets, 200 million bank accounts across Africa, and over 200,000 agents in Nigeria, enabling cross-platform and cross-border payments for remittance companies, mobile network operators, banks, non-bank financial institutions, and global merchants. MFS Africa received an additional USD 100 million in equity and debt finance in June 2022, backed by Admaius Capital Partners. The Series C extension investment round brought the African company's total capital to USD 200 million."

MFS Africa partners with Western Union

MFS Africa partners with Western Union to enable individuals and businesses across the continent to receive money from more than 200 countries.

first off, i'm in bitcoin and run a full node and am constantly learning about the technology. but...I am not 100% in agreement with the statement From bitcoin wiki (and many others)… “A miner with more than 50% hash power is incentived to reduce their mining power and refrain from attacking in order for their mining equipment and bitcoin income to retain its value.” (Bitcoin Wiki, 2022). My response would be that government (the “state”) is the most capable threat. The state has proven throughout history to be capable of uneconomical, irrational acts. Ultra Partisan or dictatorship-style Political motives and corruption can pollute the ranks of government. Furthermore, the state is not run like a capitalist business, they can spend and do just about whatever they want. I do believe a government could gather the necessary resources to conduct a detrimental attack through, say, a black ops budget defense program. first post on nostr... just feels right to say something like this here. thoughts?