In order to avoid bureaucracy and foreign currency exchange rates, the engineer, helped by a young computer expert, Carmelo Campos, created a cryptocurrency baptized kmushicoin.
The idea is to “make (the sales process) more instantaneous and direct“, explains the young man, who started working on the digital currency project at the age of 15.
In cities like Tunja, Bogota and Medellin, a handful of salespeople accept cryptocurrency payments, whose name mixes the Japanese translation of “horned beetle” (kabutomushi) with the thought “bitcoin“.
“We are suffocating under the waste“, warns Jefferson Bastidas, an electronics retailer who joined the initiative to help protect the environment.
