Abubakar Nur Khalil Will Guide Bitcoin In Africa

Anyone who has family in Africa or friends on the continent understands how difficult it is to transfer money via remittances outside of Bitcoin. With the recent government ban on Twitter and the continued depreciation of the naira in Nigeria, the process can be very frustrating. For many, it’s not necessarily the promise of profit that drives the poor to use Bitcoin, it’s the ability to transfer value outside of traditional financial rails.

The promise to participate for the first time in an exchange system where the same rules apply to everyone, regardless of their access to traditional finance, is a major driver of Bitcoin adoption in places like Nigeria. . The future of bitcoin in Africa looks very bright, especially given dynamics such as Kenya, where one-fifth of adults were still unbanked in 2017, despite leading the continent in share. of Internet users.

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Abubakar Nur Khalil Will Guide Bitcoin In Africa


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