EDITORIAL: Heed Bitcoin warning

A bitcoin outlet in Hong Kong. FILE PHOTO | NMG

According to Citi, Kenyans’ Bitcoin holdings of more than Sh163 billion rank as one of the highest across the world at 2.3 per cent of the Gross Domestic Product.

In a study released last week, the bank says ripple effects of a possible collapse of the popular e-currency would cause material disruption in the Kenyan economy.

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