You are at: Home » News » Trading » Bitcoin in Afghanistan: two entrepreneurs make the first crypto-transaction in the country

Bitcoin in Afghanistan: two entrepreneurs make the first crypto-transaction in the country

The Bitcoin entrepreneurs Adam Locklin and Robert Viglione, this last one from the website Coindesk, have made what it appears to be the first Bitcoin transaction in Afghanistan. At least, it’s the first one that was recorded. Viglione bought a Partagas cigar from Locklin for 0.1 BTC and that was it.

afghanistan-bitcoin-transaction-283x176
Photo: Coindesk

However, this simple trade was much more than just that. It helped both experts realize that Bitcoin needs a couple of things before evolving in remote parts of the developing world, exactly like Afghanistan. First of all, these countries need exchanges. The Afghans can love the idea of digital currency and be super excited everyone someone talks about it… But what can they do when they don’t have a proper tool to transfer, buy and sell Bitcoins?

Nations like Afghanistan definitely need a local crypto-presence, but with bad internet connections that can be a hard mission to complete.

And this leads us to the next requirement: a tool that allows Afghans, among others, to easily spend their Bitcoins. And for tool we mean a proper wallet that can connect with others. However, this problem might be really close to be tackled, since the new Bitcoin wallet from Kipochi – the one making a huge success in Africa – is integrating with the dominant cellular carrier in Afghanistan, Roshan.

Once this process is over, every Afghan Bitcoiner will have easy access to a proper wallet over a cellular network and the adoption rate of crypocurrency will certainly boost in this part of the world.

Via coindesk.com

Free Bitcoin Crash Course

Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
We hate spam as much as you do. You can unsubscribe with one click.
We hate spam as much as you do. You can unsubscribe with one click.
Scroll to Top