Despite various rules put in place by some African countries to discourage their citizens from trading cryptocurrencies, they are still thriving.
A statement released by "documenting bitcoin", reveals that Africa is leading the world in peer-to-peer bitcoin trading volume growth this year so far.
Giving the unfair condition of the market in Africa especially Nigeria where the government has banned financial institutions from engaging in the buying or selling of crypto, this comes as a surprise.
Since you mentioned documentation then why not post a document here proving what you say is true? Africa to be the Leading BTC trading country? I doubt that there is any proof of this.
I admit that Africa is one of the Biggest continent and largest population but we also Knew how they are struggling in their economic status so how come that they can Lead the trading crypto when they are not having a bigger amount to use as trading material?
Here you go
(Source for graph is in the comments)
They're basically seeing Bitcoin as a method to actually escape from the stupid policies in their country that basically makes them poor, and it's working well judging from the fact that they're currently the leading country for peer-to-peer trading. Goodluck to the government trying to stop them from escaping, people will always find a way to actually live, and Bitcoin seems like a pretty good method from their eyes. Not to mention that the government has already failed seeing the result right now, I don't really expect them to even succeed even in the future.