Post
Topic
Board Economics
Merits 2 from 1 user
Re: Will Africa be a good place for crypto?
by
neonshium
on 25/10/2018, 13:10:11 UTC
⭐ Merited by voztata (2)
In African countries, I am a little hesitant because there are so many cases like ICOs that fail and there are many other cases that use cryptocurrency, so in Africa it is not necessarily a good place for cryptocurrency so you should stay alert when saving your cryptocurrency.
The place of country is not important to save your crypto currencies because all uses same place to store your cryptos only the wallets are differ.But maybe Africa is not a best place to spend cryptos since they are one of the mosr poorest country so they are struggling for their daily life too.
I want to believe it is the acceptance that really matters in most places and the government will also have a huge part to play in that. However, we should not forget the fact that when we are looking at the way things have been over the years, and for the fact that Africa is one continent that has been lagging behind to some huge extent when it comes to technology adoption, I will say it is something that may pose a problem when it comes to adoption in this part of the world.

We cannot really say yet, how things will turn out, but at least, the fact that some countries in Africa are at least thriving technologically and majority of people are beginning to adopt crypto there, it should be a start.