Bitcoin in Africa
Bitcoin in Africa
In Africa there is a Bitcoin Moroccan community and in south africa they have a annual summit
"Blockchain Africa Conference" including bitcoin panel
There is a huge number of people in Africa using Bitcoin.
Since is from a uniques solutions to buy online. Including perfectmoney, and other offshore banks.
The most notable bitcoin communities in Africa are in Nigeria, South Africa, Ghana, Kenya and Zimbabwe. There you can find startups and a relatively active bitcoin market. Having said that, they are still small scale compared to more established bitcoin economies.
The low internet penetration is the biggest hindrance for large scale bitcoin adoption in Africa in my view.
The rave for Bitcoin is virtually not present in the Africa continent, at least not yet. The awareness is really poor in our continent, Africa. Most people are yet to key into what Bitcoin is and how it works unlike what happens in Europe where many people have this knowledge. Well, I guess that lack of knowledge in Africa has to do with the low access rate to the Internet. May be, just maybe, one day Africa will catch up with the rest if the world.
Yes, Africa cannot afford to continue lagging behind in the digital economy driven twenty first century. Blockchain is changing virtually every industry and the time to embrace this revolution is now. Africa, arise!
I think the satellite network from Blockstream will help a lot the people from Africa to transac Bitcoins.
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Great post hope to see more keep up the good work