Kenyan Restaurant Now Accepts Cryptocurrency
Cryptocurrency is winning hearts across Africa and this time, you can buy your meals at a Kenyan restaurant using cryptocurrency. Betty place Restaurant now allows its customers to pay for their meals using cryptocurrency. However, the hotel has placed trading at a limit of Sh100 (currently 0.00015 BTC).
Despite the fact that cryptocurrency is facing an indecisive fate in Kenya, Beatrice Wanjiru Wambugu, the proprietor of Betty’s Place is forging ahead with cryptocurrency by making it acceptable in her restaurant. The restaurant which is located on Kimathi Street, opposite the historical Osman Alluh building, Nyeri Town has already started having crypto customers come in to buy their meals.
Beatrice who is a crypto enthusiast explains, “Bitcoin is a means of payment like any other and we accept it here at the restaurant the way we do MPESA and cash.”Although Kenya is still contemplating placing regulations and taxes on Cryptocurrency, she explained that so far, she hasn’t experienced any challenges. She also mentioned that most persons are completely unaware of cryptocurrencies and are curious about it. She also explained, “We convert the local currency equivalent using the value of the bitcoin. The bitcoin can go up to the eighth decimal place, for instance, 0.00000001 of a bitcoin. You can pay a bill of anything from Sh100 upwards.”
Currently, most African countries are still standing on one foot where cryptocurrency is concerned. To pay for your meals using cryptocurrency at Betty place, you need blockchain wallet, a mobile phone application that lets you store, send, and receive digital assets.