Topic: can crypto be accepted in Africans countries (Read 102 times)
I am sure that over time, cryptocurrencies in Africa will be in demand. The first attempts are already there. For some reason it seems to me that despite the fact that the rest of the world is more technological and educated, the time to switch to payments in cryptocurrencies will need the same. That for Africa, that for Europe or Asia.
illiteracy, bad leader, poor technology and more are major African problem so how can bitcoin be accepted in Africans stores
Cryptocurrencies came as a solution to give people a freedom from traditional financial assets and money. African countries have been enthusiastically accepting cryptos. We saw the example in Zimbabwe where people shifted to Bitcoin when inflation raised to ridiculous heights. Also, there aren't much online payment options available to African citizens, Bitcoin paves the way for online payment and hence, helps start online businesses. Moreover, Sub-Saharan Africa suffers from a high proportion of unbanked citizens, with 66% of the population unbanked as of 2014. I see cryptos as the best solution to African countries and adoption is also increasing there.
I think the time will come soon because the crypto world will all use it. moreover that i have seen some ico projects that come from continent africa, so its time it will come to all bitcoin and the like will be acceptable in africa shop
illiteracy, bad leader, poor technology and more are major African problem so how can bitcoin be accepted in Africans stores
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