Post
Topic
Board Economics
Re: Will Africa be a good place for crypto?
by
ClockworkTrader
on 07/11/2018, 18:00:21 UTC
Although African countries are still in a poor condition, they now have a policy of openness to the Bitcoin market, so I think it is a market that is perfect for us to participate. Anywhere government support is good for us

That is true, but I doubt that Bitcoin will help those countries in their development. Crypto may be even harmful to developing countries due to its high volatility and lack of government control. What is good for established economy isn`t necessary the same for one trying to get up on its feet.