⭐ Merited by kryptqnick (1)
It's a good thing to see a documentary on bitcoin revolution in Africa. From what I have seen bitcoin will help Africa grow financially because so many people lost interest in Africa when the credit card scam was recorded to come a lot from African countries. Now bitcoin is here I think people will trust having deals with African's at least we can entrust everything on escrow.
How can it possibly help only Africa ? I think Africa is even behind from early adopters or investors from other continent.
Those who sold their bitcoin for exchange of pizza are not in Africa I guess.
Those who bought at the early stage when price was still in satoshi are not in Africa I guess.
Those who bought when price was just climbing to few hundred of dollars are not in Africa too I guess.
Therefore, Africans are late adopters and even at the moment, I believe Africans who have few bitcoins are those in this forum and maybe acquired from signature campaign (maybe). The real African investors are just getting to know about it or are still preparing to make their minds up to invest in it while price keep moving up (of course it won't wait for nobody).
This means for me, if price stays at what it is and we don't see a new ATH, bitcoin won't help Africa or any other person who buys and only hodls, in expectation of an increase. Because talking about helping or profiting, we have to see a considerable difference in hodling price or cost and actual price at a certain time.
Maybe Africans should hope for a new ATH therefore
