Hi Listers,
BitPesa, a local Bitcoin startup, is throwing a World Cup Party on Thursday, June 26th from 5:00 to 9:00 PM at Nairobi Startup Garage on the 4th floor of Piedmont Plaza (Brew Bistro Building) on Ngong Road opposite Impala Club.
In addition to giving free Bitcoins to the first 50 people who show up, BitPesa will be holding a raffle draw for one lucky winner who guesses BOTH the winner of the Ghana vs Portugal match and the USA vs Germany match. The winner will receive Ksh10,000 worth of Bitcoin!
What is Bitcoin?
Bitcoin is a digital currency. Digital currencies move money over the internet, allowing users to buy or sell them for fiat currencies via exchanges. The price of digital currencies is determined by market demand, and is not dictated by any central bank or government. The issuance of digital currencies is math-based, controlled by an algorithm that prevents inflation.
What is BitPesa?
BitPesa is a Nairobi-based company with both international and Kenyan investors including Joe Mucheru, the Head of Google East Africa.
BitPesa's online platform provides free, fast and secure money transfers within minutes from nearly anywhere in the world to any mobile money wallet in Kenya (M-
PESA, Airtel Money, Orange Money, or Yu Cash). Traditional remittance services currently apply a premium of between 6%-13% whereas
BitPesa offers a much more competitive 3% premium with no transfer fees.
BitPesa also offers a cheap and easy way for Kenyans and Kenyan companies to process international payments for their products and services. To sign-up for
BitPesa, visit
www.bitpesa.co.
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Best,
John