[kictanet] Kenyans among biggest Bitcoin Players per capita

[Ali Hussein]

Josiah

I agree.. The article is abit shallow on details and zero on the adoption
of the technology itself..

*Ali Hussein*

*Principal*

*Hussein & Associates*



Tel: +254 713 601113

Twitter: @AliHKassim

Skype: abu-jomo

LinkedIn: http://ke.linkedin.com/in/alihkassim
<http://ke.linkedin.com/in/alihkassim>


13th Floor , Delta Towers, Oracle Wing,

Chiromo Road, Westlands,

Nairobi, Kenya.

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On Mon, Jan 15, 2018 at 12:16 PM, Josiah Mugambi <josiah.mugambi at gmail.com>
wrote:

> 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*
>>
>> *Principal*
>>
>> *Hussein & Associates*
>>
>>
>>
>> Tel: +254 713 601113
>>
>> Twitter: @AliHKassim
>>
>> Skype: abu-jomo
>>
>> LinkedIn: http://ke.linkedin.com/in/alihkassim
>> <http://ke.linkedin.com/in/alihkassim>
>>
>>
>> 13th Floor , Delta Towers, Oracle Wing,
>>
>> Chiromo Road, Westlands,
>>
>> Nairobi, Kenya.
>>
>> Any information of a personal nature expressed in this email are purely
>> mine and do not necessarily reflect the official positions of the
>> organizations that I work with.
>>
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>
>
> --
> Josiah Mugambi
>
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