Yeah, I agree that government support can definitely fast-track adoption. If laws were clearer and more Bitcoin-friendly, we’d see way more people and businesses getting involved without fear of legal pushback. That said, I still think the people are already leading the way in many places. Just look at how much P2P trading is happening in Nigeria, Kenya, Tanzania or how folks in Zimbabwe use BTC as a hedge against inflation.
You're right — Bitcoin doesn’t fix currency devaluation on a national level. That’s more about economic policy. But for individuals dealing with unstable currencies, BTC can be a lifeline. It gives people options.
On the cross-border payments point — 100%! BTC already works pretty well, but yeah, adoption would be smoother if governments were more open and willing to support the tech.
CSOs definitely have a role to play in pushing the conversation forward with policymakers. Maybe what we need is more dialogue and less fear from regulators.
Curious to know: how do you think CSOs can start those conversations with governments effectively?
💬 I’m opening this thread to spark deeper conversation on topics like:
🔹 What are the key barriers to wider adoption in African markets?
Africa needs the government to buying to Bitcoin for there to be any real or Wilder adoption. No matter how we think about it we must be able to lobby government officials so that they can turn pass bitcoin favorable laws and when this is made possible adoption would come easy. The problem right now is that the government is here to see the real use case of Bitcoin for them. And this is where CSOs can step in to advocate and lobby them.
🔹 Can BTC meaningfully address issues like currency devaluation, financial exclusion, and cross-border payment friction?
Bitcoin cannot fix currency devaluation... favourable government policies would.
Bitcoin can fix cross border payment friction but still has a long way to go it some African government should fully adopt Bitcoin.