💬 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.
It is true that a government adoption of bitcoin buying in Africa will vastly widen the adoption process in Africa among other institutions and individuals. But we have to look at this in a different perspective about such thing ever going to happen even if their are government officials who may want to propose such bills to be enacted into law as it's done in most Western countries and Europe that are geared towards bitcoin strategic accumulation.
Unlike Other developed nations there are a lot of external interferences in the macro economic decisions of African countries and third world nations at large. Let digress away a bit to El Salvador and the IMF that are really hitting on El Salvador against buying bitcoin as conditions for giving them loans.
Now this is similar conditions African countries governments finds themselves in, and because they depend on these loans that comes with conditions (for which mostly they can live and develop without if they can optimally make best use of their resources) of which one of those caging conditions would be about them not buying bitcoin or laying down policies that should promote bitcoin adoption in their respective region in favour of the dollar.