Post
Topic
Board Trading Discussion
Re: Does Africa buy and sell of Crypto on the increase?
by
crwth
on 30/03/2019, 06:58:17 UTC
The OP isn't just bush-talking, it's a fact that the demand and use of cryptocurrency is on the rise in Africa. I belong to several cryptocurrency groups populated by Africans and I know how daily increase we have in members flooding these groups. Although that number dropped middle of 2018, it has picked up again now. And of course, demand sets the pace for price determination and increase. The more people use cryptocurrency, the higher price goes. That was what happened in 2017 where almost all the cryptos recorded ATH.
I hope so. I think that it could really help the people in Africa and having internet connection towards the whole country would be beneficial for them. I don't know if they already have but with the things I have seen, the eyes are opening by the people. They are going to be part of something great if they continue to use crypto.