Africa is where crypto currencies should be taking off but sadly it hasn't taken off there yet. It will reduce poverty by taking financial control away from corrupt officials and using a global currency instead
It is true that africa is flood of corruption, and this corruption does not seem to have an end in the next 10 years, but how would bitcoin and cryptos in general save Africa from the poverty that is being condemned by corrupt politicians?
Moreover, about 6.5 million trades were conducted in Africa in the previous year 2018. This simply implies that an average of 17000 trades was executed in one day. When it comes down to the traded amount, South Africa is rated as Paxful’s fifth highest country.
it is a very small number of African countries that are using bitcoin
