Bitcoin could lead to a new economic revolution in Africa, because there are a lot of reasons people use btc instead of there national currencies.
one of the best example is driven by Zimbabwe https://news.bitcoin.com/after-mugabe-zimbabwe-pushes-bitcoin-to-17875/
where each btc is traded more than 60% in the rest of the world. Maybe next satoshi will be a citizen from an african country
Zimbabwe is one of the countries that using bitcoin more often that their national currency because of the more potential of bitcoin rather than their sinking currency. If bitcoin will be 100% implemented in Zimbabwe, i think that their country can be saved by just working and saving bitcoin.one of the best example is driven by Zimbabwe https://news.bitcoin.com/after-mugabe-zimbabwe-pushes-bitcoin-to-17875/
where each btc is traded more than 60% in the rest of the world. Maybe next satoshi will be a citizen from an african country
Hhahahahha, Really?
Zimbabwe, one of the poorest country in the world is using bitcoin more than it's own currency.
Let me ask you this:
1. With 16 million people, how do they manage to get their turn having a confirmed tx with 400k daily worldwide transactions?
2. How can the world poorest afford to pay what is now an average fee of 7$ to buy food?
The average worker (!!!!) , the guy that has a job (only 30% of the population does), is making only enough to pay a tx a day.
Get real and stop with the unicorns.
You are right. But BTC is one of working money saving methods for local community, isn't it? Zimbabwe currency is more volatile than bitcoin price, so the local middle class, if we can call it so, can hold money in cryptocurrencies.