With increasing globalization, competition has become voracious. The rich are getting richer and the poor, at their frequency. The rich and the smart seem to be synonymous.
Rich economies appears to be smart economies and poor economies represents the dummies.
While most developed nations (even if not adopting BITCOIN and her sisters
), they have made an enabling environment that permits their economy to thrive with the new trend (including China).Poor economies are mostly poor because they are consumers.
With the absence of miners in most African nations, underdevelopement is about to see an aggressive toll BLOCKCHAIN wise, as these economies are again becoming gross consumers of this new age product.
Nigeria for instance is the largest user if BITCOIN in Africa, but so at a consumer level when compared to the more western oriented South Africa, which comes second in usage but is also a producer, having a large number of mining firms on home ground, meaning money is not leaving their nation borders for BITCOIN and altcoins.
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I want to know your view
Is BLOCKCHAIN developing or under developing Africa???