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The title, though reflective of the article, is misleading. It should be "Some speculation about what might happen in the unlikely event that many Kenyans start
by gbhn 13y ago
The title, though reflective of the article, is misleading. It should be "Some speculation about what might happen in the unlikely event that many Kenyans started using Bitcoin".
- notahacker 13y agoIt's also speculation which doesn't exactly fill me with confidence the author knows what he's talking about: the unsupported suggestion that Bitcoin will stop people asking for bribes is frankly laughable and then he suggests the "relative consistency" of Bitcoin could be a welcome change above a chart which appears to show that over the last year the Kenyan shilling has fallen in value less than BTC fell in the last week (I'm comparing 7 day MtGox USD exchange rates with a presumably YoY Kenyan inflation rate of <5%) I really wish Western speculators whose position in BTC vastly exceeds their financial knowledge wouldn't shill their position by recommending people in developing countries risk their money