3 ms·
It seems like Kenya has very little to lose in adopting Bitcoin. I welcome adding new users, even if they just act to stabilize the currency against speculator
by jdreaver 13y ago
It seems like Kenya has very little to lose in adopting Bitcoin. I welcome adding new users, even if they just act to stabilize the currency against speculators.
- dandelany 13y agoI, too, would love to see wider adoption. However, Bitcoin's value is still extremely volatile. A person could convert their life's savings to Bitcoin and see its value halved overnight... As the article mentioned, the Kenyan shilling has gone through some bad inflation cycles but nothing close to Bitcoin's volatility. Why do you think they have very little to lose? Seems quite risky to me.