16 Jun '13, 7pm

Could Bitcoin become the official currency of Kenya? - Salon #bitcoin

This article originally appeared on The Daily Dot . In Africa, the market for cellphones is growing about 20 percent per year. Nowhere is this clearer than in Kenya, where 93 percent of households now own mobile devices. According to an article by Noel Jones in Genesis Block , this makes the country a prime candidate for widespread adoption of the all-digital currency, Bitcoin . Like much of Africa, Kenya is without a robust technical infrastructure. For years, many Kenyans have relied on personal mobile technology for much of their communication and commerce. Since 2007, the telecom provider Safaricom has run a mobile payment service called M-Pesa (the “M” stands for “mobile” and “pesa” is Swahili for “money”), which allows Kenyans to transfer funds and pay bills using only their cellphones. Recently, M-Pesa has gained widespread adoption—more than 30 percent of the count...

Full article: http://www.salon.com/2013/06/16/why_bitcoin_could_become_...

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Could Bitcoin become the official currency of K...

salon.com 16 Jun '13, 7pm

This article originally appeared on The Daily Dot . In Africa, the market for cellphones is growing about 20 percent per y...

Why Bitcoin could become Kenya's official currency:

Why Bitcoin could become Kenya's official curre...

dailydot.com 14 Jun '13, 2pm

In Africa, the market for cellphones is growing about 20 percent per year. Nowhere is this clearer than in Kenya, where 93...

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Bitcoin has shot up and crashed at least twice now. Exchanges where the fast-rising new digital currency trades have been ...

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golackawanna.com 16 Jun '13, 4am

Bitcoin has shot up and crashed at least twice now. Exchanges where the fast-rising new digital currency trades have been ...

BBC News - Is Bitcoin the future of currency?

bbc.co.uk 11 Jun '13, 4pm

The virtual currency Bitcoin is growing in popularity and some are even calling it the future of money. Spencer Kelly expl...

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banktech.com 12 Jun '13, 1pm

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youtube.com 15 Jun '13, 12pm

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