Post
Topic
Board Economics
Re: Poor Internet Services Could Cause Hamper Crypto Adoption in Africa
by
DavidNiva
on 22/11/2018, 00:50:48 UTC
Africa is a large segment of the world economy that could see some challenges in catching up with the rest of the world in being a part of the crypto revolution due to poor internet services infrastructure. This is the fall out from less investment in the development of the sector. Crypto is a much more needed addition to the Africa economy as it has the potential to generate huge wealth and get the younger generation engaged.Africa should a crypto hub.

https://news.bitcoin.com/poor-internet-access-could-slow-down-cryptocurrency-growth-in-africa/

I feel that not all countries in Africa have internet services, because we know that many countries in Africa whose economies are still below the standard, so making Africa as a base for strengthening bitcoin is very difficult to realize, because building supporting facilities requires huge costs, so let everything went on gradually, maybe many countries in Europe are willing to expand their business in Africa, maybe if this happens there will be an increase in supporting facilities from the internet network there.