Truth be told, in Africa we see bitcoin as an investment rather than as a medium of payment. So, we acquire it and then wait awhile to resell it like a real estate. In Nigeria, I am yet to see any shop accepting Bitcoin for payment. One has to exchange bitcoin first into fiat before any payment for goods and services.
Well I agree with this. Bitcoin have been rampant in Africa in General especially West Africa and South Africa Countries. In Nigeria, an online shopping company like Jumia, Konga and many others once accepted Bitcoin as mode of payment. Also in some popular Cities in Nigeria like Abuja and Lagos, I have also seen some buying and selling of landed property were Bitcoin were deployed as the means of transactions. And recently I heard South Africa have launch a Bitcoin ATM. So we are still Developing and hopefully it will continue to circulate and gain more adoption.
Here in Abuja Nigeria Bitcoin has been known and adopt by the elite. In 2017 November 23, I went with a friend who bought some landed property with Bitcoin, also, Bitcoin ATM machine has been installed in central area district in Abuja which I personally used for Bitcoin transaction. You equally buy and sell Bitcoin at Wuse Market in Abuja. Guys if you no know road make we show you road ehh.