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of <h1>Fintech Nonprofit Empowers Soweto West Residents with Bitcoin, Enabling Financial Inclusion for Garbage Collectors</h1> A Kenyan fintech nonprofit introduced bitcoin in Soweto West, a neighborhood in Kibera slum, to improve financial inclusion. Around 200 residents, primarily garbage collectors, now use cryptocurrency for payments and savings. Some merchants accept bitcoin, attracted by low transaction costs. While proponents see it as a path to financial freedom, experts warn about high volatility and risks for vulnerable communities. The initiative highlights potential and challenges of cryptocurrency adoption in low-income areas.
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