Following bitcoin's birth in 2009 as a decentralized peer-to-peer payment network with fast transaction speeds and low transaction fees, one of its most predicted future application uses was for international remittance purposes. Many experts envisioned that bitcoin would be a driving force in reducing the costs of international money transfers to developing regions such as Sub-Saharan Africa and, thereby, create more financial inclusion for the unbanked.
While anticipated bitcoin remittances into Africa have still not taken off at a large scale, Africa has birthed several local Bitcoin economies spread across the continent.
In this article, you will be introduced to the state of bitcoin in Kenya to give you an insight into East Africa’s leading bitcoin hub...
Read more Here:
https://btcmanager.com/the-state-of-bitcoin-in-kenya/
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