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Tando Was All The Rage At This Years Africa Bitcoin Conference

Tando Was All The Rage At This Years Africa Bitcoin Conference

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Before I even arrived at this years Africa Bitcoin Conference, I saw attendees posting about Tando, a new Kenya-based payments app that allows users to spend their sats with merchants who dont accept bitcoin.

How is this possible?, you might ask. Well, let me explain.

To use Tando, you simply download the app and prepare to pay any merchant who accepts payments via M-PESA, Kenyas mobile money service. (Notice I didnt say you had to go through a set up or KYC process, as neither are necessary Tando doesnt collect any identifying information from its users.)

When the merchant presents you with your bill, you simply click on the Send Money square on the apps home screen. From there, you enter the mobile number tied to the M-PESA account to which youre sending money and then input the amount of Kenyan shillings you want to send.

The app automatically calculates the amount of sats it will take to cover the shilling amount youve input. You then click on the green Create Invoice button to obtain a Lightning invoice. After that, you copy the invoice and pay it via your preferred Lightning wallet. Tando receives the sats and then settles the bill in shillings with the merchant within seconds.

I can barely count how many times Ive watched Bitcoiners use Tando to pay restaurant bills or taxi fares since Ive been here. (Ive been to a lot of restaurants and have ridden in a lot of taxis since Ive arrived.)

Now, I know what some of you are thinking: Tando interfaces with a fiat payment system, which means it should be excommunicated from the Church of Bitcoin.

But before you allow yourself to entertain that kind of thinking, please consider the following notions:

  1. Youre a loser.
  2. Here in Kenya, much like in other parts of Africa, people actually use bitcoin for payments.
  3. When you show someone how to use Tando, it provides you with an opportunity to show the merchant what Bitcoin is as you show them how the app works. (I watched Gorilla Sats Brindon Mwiine masterfully do this for a waitress at a conference after party.)
  4. M-PESA requires that its users KYC and some Kenyan citizens dont have the proper documentation to do so, which means theyre excluded from the system. Using Tando, they can be included in Kenyas broader monetary system.

The excitement around Tando at the conference was part of the broader enthusiasm around apps that make bitcoin easier to use across the African continent apps like Bitsacco, Machankura, Fedi and Bitnob.

African Bitcoiners are far ahead of their counterparts in the United States when it comes to using bitcoin as it is intended to be used as peer-to-peer electronic cash.

And while many Africans are working tirelessly to onboard as many merchants as they can to Bitcoin, Tando is an excellent intermediary step that allows Bitcoiners to spend their sats even if the merchants with whom theyre spending dont yet accept bitcoin payments.

This article is a Take. Opinions expressed are entirely the author's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

Read more: https://bitcoinmagazine.com/takes/tando-was-all-the-rage-at-this-years-africa-bitcoin-conference

Text source: Bitcoin Magazine: Bitcoin News, Articles, Charts,

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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