Forget land and invest in digital currencies

Some countries have concerns that digital currencies may be used to promote online black markets. FILE PHOTO | NMG

Land in Kenya has been yielding abnormal returns over the past few years. But there is a new kid in the block with even higher returns: Digital currencies.

Barely a month ago, the value of the Bitcoin was $2,000. As I wrote this article last week, it was approaching $4,000. By now, it is perhaps a couple of points higher. This digital currency is the fastest growing asset of any kind in the world today.

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Note: The results are not exact but very close to the actual.