So this month had a few articles coming out of Egypt regarding crypto currency.
The first kind of went viral and was hosted on bitcoin.com News section "First Bitcoin Exchange Launching in Egypt"
https://news.bitcoin.com/first-bitcoin-exchange-launching-in-egypt/
The second one was from a relatively new outlet focusing on startups, not highly regarded, but a well investigated article merged talking about mining in Egypt. "INSIDE THE SECRETIVE WORLD OF EGYPT'S BITCOIN MINERS"
http://www.startupsceneme.com/FUTURE/Inside-the-Secretive-World-of-Egypt-s-Bitcoin-Miners
The importance of this rise in crypto currency in a country reeling from the negative affects of austerity pushed on the servile President via institutions like the World Bank is not to be underestimated.
The currency crisis of November 2016 saw many people scrambling for alternatives to the EGY Pound. Now we wonder how long this exchange will last for knowing that this government is obsessed with not losing its grip. They have arrested people in the past, but as the articles note, the cryto traders were into other illegal activities as well.
Time will tell, but if allowed, the world will see how these new technologies can affect millions of lives.
Congratulations @mradwan! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP