Post
Topic
Board Economics
Re: Will Africa be a good place for crypto?
by
AicecreaME
on 19/10/2019, 17:28:35 UTC
Due to the economic status of most African countries, the people of Africa embraces anything that brings profit and employment to them. Cryptocurrency projects that targets Africa always win the market in Africa although some places still have difficulties in accessing quality internet connections.
Yeah Africa is good place where so many cities are now adopting new technologies and also bitcoin because they got to know how the rest of world is getting benefit from crypto currencies. Africa was under development ten years ago from now but the now it’s most developed nations and after arrival of bitcoin it has become among top 10 well developing countries.
Africa is nothing out of the world or that part of the world is occupied by aliens. People like us are living there and they are also having rights of enjoying latest technologies. If crypto currencies are introduced there, I am pretty sure they will be welcome by them and people are going to make god investments in this industry.

I am confidently sure that is going to happen, those unfortunate people are the one who have big hearts that appreciates every little things that would help them to survive their everyday lives, anything. Nevertheless, they might going to have a rought time understanding cryptocurrency, I mean, you know, at least you have a small foundation of education for you to understand even just the basic of cryptocurrency then slowly you'll learn about it.

If their government will help them to fund their education in learning on how to use the blockchain and also the cryptocurrency then I believed that the Africa will become one of the top country that uses cryptocurrency. Africa is a poor country for some people but within those poor areas, they have the rich minded people who can create unbelievable things that can help their country to strive.

What I mean is this, Government should help them to build a small foundation in education before rectifying all of the things about cryptocurrency in their minds, it is a complicated stuff, even ABC for those who have literally no idea what education is, you will not understand anything if you can't read.

For god's sake, there are countries there where the illiteracy rate is above 60%!!! , we should talk about adopting an ABC not BTC.