Despite warnings of money laundering, instability, hacking and theft, and a lack of regulatory protections, some tech-savvy Africans prefer the volatility in bitcoin trading, the most popular virtual currency, to their prospects in the continent's job market.
In Kampala, Uganda's capital, and elsewhere a small community turns up at events where people like Bagorogo preach what they call "the gospel of bitcoin".
On a recent morning, Bagorogo explained how he once could not afford to enrol his children in the international school where he taught. Now, he said, his lifestyle has changed: a recent holiday in Dubai and more than enough money to help out his father.
Lees hier verder
Reactie plaatsen
Reacties