Post
Topic
Board Economics
Re: Will Africa be a good place for crypto?
by
Naida_BR
on 25/08/2019, 09:32:46 UTC
The success of digital wallets in the African continent was really great and based on what I've read on news articles about it, it really helped the economy and the businesses when it all started years ago.
With this in mind, will Africans be welcoming of bitcoin/altcoin as a real currency and not just a quick way to earn cash or invest? Like using it as real money / cash?

Cryptocurrencies can provide an alternative to African countries in terms of economic stability.
Africans can hodl a currency that has stronger purchasing power than their native ones.
The problem is that Bitcoin is kind of expensive right now and they need to struggle purchasing even a small portion of it.