08 Jan '18, 2am

Why African millennials can't get enough of Bitcoin

Bitcoin's eye-watering price surge over the past year is proving too tempting to resist despite fears that cryptocurrencies are a bubble floating towards an inevitable burst. One group for whom it holds particular appeal is African millennials, writes the BBC's Catherine Byaruhanga from Uganda. Thirty year-old Peace Akware in Kampala is a convert to the cryptocurrency craze. Like any self-respecting middle class millennial here her smartphone is always within reach and with it her digital wallet. "I check my Bitcoin every day and any chance I can get. Any minute, any hour, anytime, as often as I can," she tells me from the small bungalow she rents on the outskirts of Kampala. Image caption Peace Akware is hoping to buy a car with the money she makes from Bitcoin Finding a job here is almost like a lottery for graduates so Ugandans often have so-called side hustles. Peace h...

Full article: http://www.bbc.co.uk/news/world-africa-42582343

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