Post
Topic
Board Economics
Re: Will Africa be a good place for crypto?
by
agentx44
on 20/10/2019, 19:30:04 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?
We cannot conclude anything yet but considering Africa as a country that's not really great in terms of economy, having bitcoin or other altcoins as their monetary system would definitely help them to uplift their economy. Considering the fact that digital wallets were very successful in the given country, we should already know that they do tolerate the use of it. Let's keep on hoping that someday, they would totally regulate crypto to promote convenience and extra incomes.