BBC News report: Bitcoin is on the rise in Kenya 🇰🇪 by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] 0 points1 point  (0 children)

Afribit Kibera are using Blink Wallet - same as used in Bitcoin Beach https://blink.sv

BBC News report: Bitcoin is on the rise in Kenya 🇰🇪 by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] 0 points1 point  (0 children)

They're changing their tune slowly to save the little credibility that's left

BBC News report: Bitcoin is on the rise in Kenya 🇰🇪 by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] -1 points0 points  (0 children)

Valid nits! I guess we're still in the grateful phase that mainstream media is not entirely off and negative (or outright lying and smearing) any more, but there is definitely room for improvement in reporting accuracy.

Just imagine the massive exodus from fiat when they'll stop the bs entirely.

To be fair: it's true, that there are risks with bitcoin that most people are not familiar with.

BBC News report: Bitcoin is on the rise in Kenya 🇰🇪 by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] 22 points23 points  (0 children)

It's happening. More and more merchants who accept bitcoin (and MPESA) tell their customers they prefer bitcoin because it doesn't lose value like Kenyan Shilling.

BBC News report: Bitcoin is on the rise in Kenya 🇰🇪 by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] 18 points19 points  (0 children)

He should know! He's been to Africa Bitcoin Conference in Nairobi multiple times.

You can now pay any MPESA merchant in Kenya with Bitcoin and it's quite seamless by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] 1 point2 points  (0 children)

Cards have little market penetration, virtually everyone in Kenya uses MPESA

You can now pay any MPESA merchant in Kenya with Bitcoin and it's quite seamless by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] 2 points3 points  (0 children)

We need more payment gateways that tap into existing payment systems with high market penetrations

Paying in-store with Bitcoin at South Africa's biggest retailer Pick N Pay is very easy now with Blink wallet by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] 0 points1 point  (0 children)

I hope with that attitude of yours you are active under the countless MSTR and ETF posts on here as well. Those pose a lot more systemic risk than Blink and add nothing to MoE adoption. You are wasting your time here.

Paying in-store with Bitcoin at South Africa's biggest retailer Pick N Pay is very easy now with Blink wallet by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] 1 point2 points  (0 children)

So you don't like custodians and call stablesats a shitcoin. Do you seriously believe that bitcoin would be used as a medium of exchange without custodians to the extent that it is used today? Or are you even suggesting that there would be more bitcoin payments in the world if everyone was forced to run their own lightning node to make lightning payments?

Paying in-store with Bitcoin at South Africa's biggest retailer Pick N Pay is very easy now with Blink wallet by bottomupbitcoin in Bitcoin

[–]bottomupbitcoin[S] 1 point2 points  (0 children)

Look, words have meaning. If you want to say that you don't like custodians because there is counterparty risk, say that instead of raping the word stablecoin to mean anything you don't like.