Kenyan Resto Owner Becomes Local Cryptocurrency And Bitcoin Pioneer, Accepts Cryptos As Payments

The Kenya Blockchain Taskforce, which was created in February, has welcomed and suggested the creation of a local Bitcoin and other digital cryptocurrency in Kenya. A restaurant in Nyeri Town called Betty’s Place is now accepting bitcoin payments of famous cryptocurrencies that are Dash and Bitcoin. The increasing view of Mount Kenya offers an improbable backdrop to a proficient Kenyan cafeteria that has incorporated cryptocurrencies part of making payment.

According to Beatrice Wambugu, the owner of the restaurant, the world is getting more and more worldwide and so this restaurant is also getting into a global restaurant market. She stated that they attract many clients from different parts of the world and accept Bitcoin for them as a part of the payments.

Thus, Betty’s Place is a resto for good food and tasty Kenyan cuisine. However, it has become somewhat of an indigenous attraction for customers who want to know more about local pioneer and Bitcoin. When it comes to acceptance of new technology, Ms. Wambugu defines herself as “a crypto-currency pioneer”. To inspire many coins the owner takes classes on how to trade in Bitcoin every Sunday at her restaurant, as stated in BBC.

The flow in approval of Bitcoin and other cryptocurrencies has controlled a lot of specialists to trust that Africa will once again vault the digital division, avoiding old-style banking. As stated in The Star latest news, South Africa is the only country in Africa that has become fond of making use of digital payment platform and cryptocurrency, according to the World Payments Report 2018.

While emerging markets are making their place in international payments, the e-wallet market also shows market share chance for huge technology companies to flourish by providing exclusive value propositions to many people. As of now Ghana and Kenya are in the consulting phase for accepting Bitcoin locally where a tendency that was also noted in Asian nations like Singapore and the Philippines. On the other hand, Nigeria is yet observed as unfriendly to the digital payment platform.

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