Post
Topic
Board Economics
Re: Will Africa be a good place for crypto?
by
ufaiz50
on 23/10/2019, 17:45:57 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?
Very difficult to apply that concept for bitcoin and altcoin. making real currencies have special rules and procedures, especially as crypto is still a taboo in the government system. And if the desired digital currency will be easier if they create their own cryptocurrency to become a real currency.