Bitstake: a Digital Currency That Could Change the Face of Africa Forever

Lagos, Nigeria - April 1, 2015 - (Newswire.com)

Digital currency is on the rise, creating a profoundly new, decentralized system for managing the way societies all over the world exchange value. For lack of a better way to say it, it’s one of the most powerful innovations in finance in the history of the world. And if the new Nigerian bitcoin called Bitstake has anything to say about it, it will definitely change Africa forever. 

As the rise of the internet in the country has doubled almost every year, so too have online purchases and the need for digital currency. According to a World Bank report, remittances in Sub-Saharan Africa are forecasted to reach $41 billion dollars by just next year, with Nigeria accounting for more than 50 percent of that claim.

What does that mean for Bitstake? It means digital currency is about to get extremely interesting. 

Bitstake is trying to expand beyond bitcoin by also offering interest bearing account for Proof-of-Stake digital currencies. And with no current legal barriers surrounding digital currency in Nigeria, this means investors have the flexibility to become major players in the online financial realm.

For those looking to invest in Bitstake, here are a few things investors should know about digital currency and bitcoin in general:

Payment Freedom
Bitcoin gives users the ability to send and receive money anywhere in the world, at any given time.

• Rescheduling for bank holidays or other financial limitations are a thing of the past.

• Banks need not apply. Because there’s no centralized authority figure in the Bitcoin network, everyone maintains control of their digital property.

Security, Control, and Flexibility
• Users remain in control of their transactions keep the bitcoin network and their own identity safe.

• Merchants cannot charge extra fees on anything without being noticed.
Bitcoin protects against identity theft.

Bitcoin can be backed up and encrypted to ensure the safety of users money.

For a limited period, Bitstake is offering FREE 100 Naira sign up bonus for signing up on their website. This is a perfect way to dabble into the digital currency world, so don’t wait until the offer is gone!

For Inquires, please email: press@bitstake.co





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Original Source: Bitstake: a Digital Currency That Could Change the Face of Africa Forever
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