article thumbnail

From Airbnb to TaskRabbit to Zimride, sharing is becoming big business

www.usatoday.com

Dubbed "collaborative consumption" — or "the sharing economy" — this movement represents the newly cemented intersection of online social networking, mobile technology, the minimalist movement and heightened penny-pinching brought on by lingering economic uncertainties. Skip to Main Content. Tech: Blogs. Technology Live. Game Hunters.

article thumbnail

Will Bitcoin adoption be driven outside the US?

Lightspeed Venture Partners

In Zimbabwe, hyperinflation drove the US Dollar became the de facto local currency even while foreign currency trading was illegal. M-PESA, a payments system enabled on mobile phones, now constitutes 31% of Kenya’s GDP. Inflation, and hyperinflation, is one possible driver of Bitcoin adoption in a country.

Zimbabwe 160