Post
Topic
Board Economics
Re: Will Africa be a good place for crypto?
by
Peterson60
on 04/09/2020, 12:58:10 UTC
Africa already is a good place for crypto. Just look at some basics stats. Yung people (millennials) love crypto and Africa is full of them (with the average age of 20). If we compare this to the average age of people from Europe or Asia, it's nearly half of their age. Even FX brokers that allow trading Bitcoin that operate in the African market adopted and are now accepting the most popular payment method in Africa - Mobile money.. Take for instance how much mobile money helped to the economy of Ghana and given that crypto has much lower fees than telecom operators charge, I  believe we can expect further growth of popularity of crypto across Africa.