10 Jul '13, 4pm

Bitcoin and M-Pesa: Why money in Kenya has gone digital

Bitcoin and M-Pesa: Why money in Kenya has gone digital

When thinking about the future of money, many of us now invariably have thoughts about bitcoin. Where is it going? What role might it play in our financial lives? No matter what you think about it, bitcoin is great for starting a debate on where digital money is heading. Africa is a place where bitcoin has major potential. But what you might not realize is how important electronic money already is to countries there such as Kenya. First, a little economic information about this East African nation. Kenya is one of the region’s largest economies with a GDP of $41 billion dollars. Fifty percent of its people live below the poverty line. Approximately 75 percent of people work in agriculture. According to the CIA World Factbook, on Kenya , “low infrastructure investment threatens Kenya’s long-term position as the largest East African economy.” Digital money and Kenya Kenya is...

Full article: http://www.coindesk.com/bitcoin-and-m-pesa-why-money-in-k...

Tweets

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pcworld.com 11 Jul '13, 7am

A project underway in Kenya is linking Bitcoin with M-Pesa, a popular mobile payments system, in an experiment designed to...

In Kenya, Bitcoin linked to popular mobile paym...

pcworld.com 11 Jul '13, 7am

A project underway in Kenya is linking Bitcoin with M-Pesa, a popular mobile payments system, in an experiment designed to...

#cybersecurity In Kenya, Bitcoin linked to popu...

computerworld.com 11 Jul '13, 8am

IDG News Service - A project underway in Kenya is linking Bitcoin with M-Pesa, a popular mobile payments system, in an exp...

In Kenya , Bitcoin linked to popular mobile pay...

pcworld.com 11 Jul '13, 7am

A project underway in Kenya is linking Bitcoin with M-Pesa, a popular mobile payments system, in an experiment designed to...

Kipochi launches M-Pesa integrated bitcoin wallet in Africa

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coindesk.com 09 Jul '13, 4pm

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motherboard.vice.com 12 Jul '13, 4pm

Thanks to bitcoin, it's about to become a lot easier to move money in Africa. M-Pesa , a successful mobile money platform ...

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wired.co.uk 09 Jul '13, 5pm

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Stacy Summary : What a remarkable image. Of course, this taxi driver will inevitably pick up an Anglo-American shrieker wh...

#bitcoin

#bitcoin

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twitter.com 12 Jul '13, 9pm

Check out this taxi in Kenya that accepts # bitcoin through M-Pesa mobile payment system!

Kipochi brings Bitcoin to Africa through M-Pesa

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memeburn.com 08 Jul '13, 11am

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