[kictanet] Kenyans among biggest Bitcoin Players per capita

Josiah Mugambi josiah.mugambi at gmail.com
Mon Jan 15 12:16:38 EAT 2018


I'd be most interested in the source of that KES 163B figure (1.58B $).

The BDA article makes no mention of Citi's view on the upside potential of
other platforms and blockchain in general.

http://kenyanwallstreet.com/kenya-among-countries-world-highest-per-capita-holding-bitcoin-citi

On Mon, Jan 15, 2018 at 11:51 AM, Ali Hussein via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

> Listers
>
> Interesting warning from Citibank.
>
> Citibank analysts have warned that Kenyans have accumulated holdings of
> bitcoin estimated at more than Sh163 billion, which could cause widespread
> disruption to the economy were the cryptocurrency to collapse.
>
> The Citi study reveals a rising popularity of the virtual currency despite
> regular warnings by regulators, citing a lack of legal backing.
>
> Read on:-
>
> Citibank warns of over risk of Bitcoin investment in Kenya
> <https://www.businessdailyafrica.com/news/Citi-warns-over-risk-of-Kenya-bitcoins/539546-4263658-mhoko2z/index.html>
>
>
>
> *Ali Hussein*
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-- 
Josiah Mugambi
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