Around 200 people in Kenya's Kibera slum, Soweto West, are using bitcoin as a payment method, part of an initiative to extend financial services to the under-banked area. The adoption aligns with bitcoin's ideals of accessibility and democratic technology, but experts warn of major risks. Bitcoin came to Kenya via AfriBit Africa, a fintech company, to improve financial inclusion.
Around 200 people in Kenya's Kibera slum, Soweto West, are using bitcoin as a payment method, part of an initiative to extend financial services to the under-banked area. The adoption aligns with bitcoin's ideals of accessibility and democratic technology, but experts warn of major risks. Bitcoin came to Kenya via AfriBit Africa, a fintech company, to improve financial inclusion.