Post
Topic
Board Legal
Re: BITCOIN IN AFRICA
by
peter0425
on 21/10/2017, 10:20:11 UTC
Which African countries allow Bitcoin transactions? Is Bitcoin currently used to purchase items in any African country?

Here, maybe this can help you out:

List of African Bitcoin & Cryptocurrency businesses / services -> https://bitcointalk.org/index.php?topic=2154185.0

And as amTom123 has pointed out, bitcoin is Zimbabwe is skyrocketing to an astounishing $7K per bitcoin. Why? Because of the hardship and the economic crisis they are in at the moment, everyone is hoarding because they are thinking that there will be a lot of shortage of important things like food, water and fuel. And now they are hedging the situation buy hodling ar hoarding bitcoins. There failing economy will take years to improved, however the people thinks that they reverse it quickly by going into the ecosystem and buying bitcoins. So in times of economic crisis, bitcoin has provided a safe haven to store their wealth and value to buy outside their country like Venezuela's did right now or just simply having their wealth safe.