Why adoption of cryptos can only gain momentum

Kenyan retail investors held cryptocurrencies worth an average of Sh2,076 ($16.08) each last year. FILE PHOTO | SHUTTERSTOCK

The current money system is fragile, according to German central bank Deutsche Bundesbank. By 2030, the bank sees digital currencies rising four times to over 200 million users.

There is no longer doubt that digital currencies will eventually replace cash in future, as demand for anonymity grows and a need for more decentralised means of payment soars.

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