Kenyan communities look to cryptocurrency for improved cash flow
Kenyan communities look to cryptocurrency for improved cash flow
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
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.
Stories You Might Like
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
