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Monday, July 24, 2017

It is Baby Steps But Bitcoin is Taking Root in Africa

It is Baby Steps But Bitcoin is Taking Root in Africa

Tanzania is the latest African country that is embracing the technological digital currency revolution as it shows some impressive growth, despite the small numbers.


In Africa, it is Kenya, Nigeria and South Africa that are the pioneers of cryptocurrency, but as the world of Bitcoin spreads, places like Tanzania are starting to show growth.


According to Coin.dance, a Blockchain information portal that provides up-to-date metrics on various sectors of the Bitcoin ecosystem, Tanzania has shown a big spike in Bitcoin trading with Nigeria also impressing, more so with their figures.


Weekly LocalBitcoins volume has been up in the second week of July as there was 83 mln Tanzanian shillings (TZS) worth of trading in that week.


Full story at http://bit.ly/2eIdilQ


Source: CoinTelegraph


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