Kenyan communities look to cryptocurrency for improved cash flow

Halima Gikandi Feb 25, 2019
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A currency dealer counts Kenyan shillings at a money exchange bureau on September 19, 2018 in the Kenyan capital Nairobi. Small communities in Kenya have started embracing cryptocurrency in the hope that it will help to solve their cash flow problems. SIMON MAINA/AFP/Getty Images

Kenyan communities look to cryptocurrency for improved cash flow

Halima Gikandi Feb 25, 2019
A currency dealer counts Kenyan shillings at a money exchange bureau on September 19, 2018 in the Kenyan capital Nairobi. Small communities in Kenya have started embracing cryptocurrency in the hope that it will help to solve their cash flow problems. SIMON MAINA/AFP/Getty Images
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COPY

After years of soaring prices, the value of cryptocurrencies like bitcoin plummeted last year. Some say the hype is over, and that it’s time to move on from the technology’s unpredictability. But small communities in Kenya have started embracing cryptocurrency in the hope that it will help to solve their cash flow problems.

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