Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Craze in Africa
by
Inn0vative1
on 10/03/2018, 04:12:13 UTC
This is a great news, many people has a misconception that Africa is a struggling nation(not to be racy here) but the reality the business opportunity in this country is as equal to others. So its good to see that they are starting to adopt not just bitcoin but currencies as a whole.  This gives more business opportunity towards africa. Hope fully their government will support this.
Africa is not a country but a continent made up of 53 independent countries. Calling Africa a country is like calling Europe a country.

Africa is really a sleeping giant when it comes to economic opportunity. The continent is way more advanced than most people in the west think. Cellphone usage is on par or even higher than many European countries and internet is accessible in most of the big cities. However, the economies and financial services being less developed than in more advanced parts of the world, this gives great opportunity to technologies such as cryptocurrency, as they level the playing field and they can help solve problems that people in the west take for granted.