Post
Topic
Board Economics
Re: Will Africa be a good place for crypto?
by
Tungsten-1
on 21/10/2019, 16:51:24 UTC
Africa as a good place for crypto? Yes it would. Africa is a continent where some countries are ready to embrace good things. Ofcourse, banks are there to oppose certain things which are likely to pose their businesses to threat. Once africans realize crypto will fetch them money, they will quickly embrace it and work into crypto. However, in an instance where the money is keeping them to wait longer, trust me they will back off. Crypto will be good in Africa but the issue of patient can be a challenge.
Every country good place for bitcoin and altcoin if people want to adopt and government give regulation for bitcoin, but for Africa's people are they interested for investing in bitcoin and altcoin, look they like for investing with buying or selling stock or other online investing, have to try for listing legal coin there and look how interested african with bitcoin and altcoin.
Bitcoin and altcoins altogether were introduced to make people financially stable and giving them nice control over their finances. In Africa, people are suffering from inflation and they want to get rid of it. They definitely want some source or method through which they can earn huge money and bitcoin is best option for them under such scenario.