Post
Topic
Board Economics
Re: Will Africa be a good place for crypto?
by
Magkirap
on 11/10/2019, 22:41:30 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?

Bitcoin was very risky to become cash. We all know that it was volatile, that its value is possible to dump in just a period of time. Unlike real currencies, it is not stable so I think that it is better for bitcoin to become an asset not being a cash like what we are using today. I believe in just supporting it like can make the bitcoin community to grow.