Post
Topic
Board Trading Discussion
Re: Does Africa buy and sell of Crypto on the increase?
by
creeps
on 30/03/2019, 22:32:30 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.
A big help for those Africans who wants to have other source of income. We know that Africa is not that fast in terms of adaptation with the new technologies but now they are doing good and trying their best to lift up their country. This is a golden opportunity for them, its the best time for them to try new technologies. There are still some places who don’t have decent internet connection, i hope it will be improve along the road.