In the wake of the National Treasury of Kenya ๐ฐ๐ช gazetting Virtual Asset Service Provider (VASP) regulations, Robert Kirubi has been working behind the scenes to help Kenyan institutions see how Bitcoin mining can catalyze infrastructure development and how businesses can benefit from utilizing bitcoin.
In my conversation with Robert, we discussed these topics as well as how Kenya has been primed for broader Bitcoin adoption thanks not only to the new law but to the foundation for Bitcoin that's been laid in the country by grassroots initiatives and companies like Gridless, @Afribit Kibera, and @BITCOIN DADA (among many others).
According to Robert, broader Bitcoin adoption in Kenya can lead to the country as a whole becoming more sovereign and less reliant on foreign loans. But for that to happen, a certain amount of coordination must happen between public and private institutions, which is something that Robert has been dedicating much of his time and energy to as of late.
As Robert wrote in a piece he recently shared with me, Kenya is "at the threshold," and what comes next regarding Bitcoin adoption will play a major role in shaping the country's future.
Luckily for Kenya, it has people like Robert advocating for Bitcoin and connecting the dots so that more and more of his countrypeople can benefit from it.
(Links to interview in the comments.)
