Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Doan9269
on 20/09/2022, 11:37:23 UTC
⭐ Merited by fillippone (2) ,JayJuanGee (1)
Bitcoin and cryptocurrencies are an excellent choice for countries that are constantly experiencing macroeconomic problems and facing the reality of inflation

why jot limit it to bitcoin only, as for me i will rather prefer by going with bitcoin only than the combination of other cryptocurrencies I don't know about, so far so good, bitcoin has been the only most recognized digital currency for exchange, assets and store of value.

Also, access to financial services in Africa is quite limited (just like in El Salvador)

which of the financial services, with bitcoin digital currency or fiat?

but we have yet to read any remarkable news about the mass adoption of cryptocurrencies in Africa

I think you need to be more current in this regard because Africa has one of the top user's of bitcoin with a good number if it population from West Africa and Nigeria to be precise, highest users of paxful exchange, and the likes, I can't just mention more.