to me what matters most is not what the central bank says but how the whole world views it,if the world embraces it you either follow suit or become irrelevant and analog.

how exactly do you price your goods/services in bitcoin. the only way to do this is to maybe dynamically changing your pricing as the bitcoin value rises and fall.i think this currency is too volatile for any use as a medium of exchange. but its good for trading like any other currency.below is a monthly chart of bitcoin price. good luck with those swings.Imagine if KES shilling was swinging like that , lol.This is what you get for a wild wild west type of currency

#laggards we are many........... Lets us wait!!!!!

LOL

This fear of the unkwown won't make you wealthy. You risk, you learn.

Now if Kenya were to be among the countries taking this seriously instead of a blanket ban by people in their desks with little knowledge (and appreciation) of the tech behind bitcoin. That would be truly ground breaking.

As for the volatility, have a look at each stock in NSE from 2010 too and compare.

E.G .

- KQ was trading at 45.00 now at 4.60 [395 million units traded within the period]

- Mumias was at 9.75 now at 1.60 [1.5 billion units traded within the period]

- Safaricom was trading at 4.70 now at 16.20 [16 billion units traded within the period]

- Unga was trading at 11.00 now at 35 [23 million units traded within the period]

And we are in a bear market!

Risk<~>Gain

Err....





https://www.bitpesa.co/blog/bitpesa-v-safaricom/