Will crypto survive in Africa?

[tamango]

Crypto can be very useful in countries like in Africa when banking system is less developed and less used compared to Europe or U.S.A.. It can have a big boost if people will begin to use crypto as form of payment for goods and services.

[Hisbullah]

Most of African countries are still underdeveloped with limited technology in these countries in Africa. One of the major problem is internet accessibilty and affordability. Crypto will thrive very well if the problem of internet is fixed in such areas because it will generate more hob opportunities for the younger generation and boost the economy as well.

I think Crypto need internet accessibility for transactions. So, I dont believe It will survive in africa. It is my opinion.

[Bobcrypto]

Yes, i think crypto has great future in Africa, though there seem to be limited access to internet facilities in most part of the continent but, in few years from now, these areas will have the needed internet coverages to welcome crypto development.

[trauchot]

A lot of activity comes from Africa in the field of cryptocurrency, many companies create their projects there and also a lot of African people work with cryptocurrency, so I think that everything will be fine there.

[PreshB]

I believe that many more persons will began to adopt cryptocurrency in Africa, and in as much as cryptocurrency exists, so will it exist in Africa.

[enci55]

Africa is huge land with many country, as it now people in africa only few of it but can make change in ekonomi in that continal, you can image if whould people in africa know about crypto,

[bubbalex]

I hope blockchain will help them to have more control and freedom of managing their money. I worked with blockchain project, which based in Cape Town, they are really good in what they doing.

[Black ID]

In Africa most countries there are still no technologies that support the existence of Cryptocurrency. Therefore in my opinion this will be able to inhibit Crypto growth in this African Continent. If seen also the people are still relatively primitive and still blind to technology, so this will be more difficult and even impossible Crypto will develop there.

[flyaccount]

Maybe my estimate of Crypto in Africa will not develop as fast as in Europe and Asia. Because I see that Africa is a continent that is less developed and developed, and its people do not understand technology. This will complicate crypto development there.

[indexx]

I can't guarantee that. Maybe Crypto can survive in Crypto in Africa. But it cannot develop better as in Asia. Because on the other hand in Africa are less developed continents and most of the people are still primitive and still not familiar with technology. so I myself cannot guarantee Crypto will develop there.

[b-day38]

I believe crypto is successful only for developed countries because its useless if introduce to undeveloped countries which have a very poor in terms of internection since this is the number one requirement considering that all transactions can be made using digital connections

[gotbounty]

Probably not. Crypto will not survive longer in Africa. Because in Africa there are so many countries and people who are not yet developed and are still technologically blind. Therefore this is the biggest and most basic obstacle to this problem, so in my opinion it will not progress.

[Quart]

Certainly it will be as long as there is a business and some hard work. Because in Africa it is famous for its not good environment and inadequate technology that is there. So of course it will require hard work and can also develop technology there slowly and introduce crypto so crypto can advance there.

[khufuking]

In some countries in Africa Crypto is more popular compared to a lot of countries in Europe or Asia. In Africa, there is a lot of restricts when it comes to online money, and Crypto was the solution for them. Cryptocurrency not requiring a high-speed internet to function, most of Afric countries already have internet but not a top quality which is not a big deal with all the lite wallets provided from almost every coin.

[damsix]

All countries in the world have the right to progress in cryptocurrency.
Including Africans who are in development, if you look then Binance has opened a branch Exchange in Uganda.