Will crypto survive in Africa?

[PreshB]

  I  think  crypto  will  survive  in  Africa  if  the  Government  provide  the  adequate  technology  and  knowing  fully  that  they  will  benefit  from   the  crypto  revolution,   by  seeing  the  needs  to   make   it  easier  to  buy , store  and  trade  crypto,  if  they   put  things  in  order  the  future  of  crypto  could  be  africa

[alyanov]

It’s hard to expect wide cryptocurrency adoption in a continent where a significant percentage of the population do not have bank accounts, but several indications show that cryptocurrencies will survive in Africa. First, the fact that more than 40 percent of adults actively use mobile money and P2P payment systems in most parts of Africa indicate that low usage of bank accounts isn’t mainly a technology issue. Second, Bitcoin and other cryptocurrencies are already achieving wide appeal in several African countries, In Zimbabwe, a country that experienced a currency crisis that saw its economy collapse, citizens turned to cryptocurrencies as a store of value, and the African nation once had the highest Bitcoin prices in the world.

[Ibraheem]

For sure crypto  will  survive  in  Africa  if  the  Government  provide  the  adequate  technology  and  knowing  fully  that  they  will  benefit  from   the  crypto  revolution,   by  seeing  the  needs  to   make   it  easier  to  buy , store  and  trade  crypto,  if  they   put  things  in  order  the  future  of  crypto  could  be  africa

[eidoscore]

In africa
I don't really know but if africa keep still like this, maybe bitcoin in africa is hard to survive.

[densus88]

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.

Crypto is need internet connections. If the country  dont have good internet connections, I think.Crypto can survive in there.

[Annalise]

Yes. Crypto will sure survive in Africa without a shadow of a doubt.
The underdevelopment of Africa cannot be used as a yard stick for measuring the survival or otherwise of cryptocurrency .

[zilzylian]

Africa already has the best crypto exchange. There are many projects and it ends successfully. I don't think the internet can hinder the development of crypto in Africa. We have to be proud of more countries that want to develop cryptocurrency.

[Malam90]

Most of the African countries are underdeveloped and living below the poverty level. There internet capacity is very poor and people don't have capacity to bear internet costs. If internet is available with low cost to the people of underprivileged area, then crypto can change their life style and thinking about the financial freedom.

[saprakib]

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.

Its actually right whats you are think .There are lots of lacking in africa cause it is not so developed .But i have seen many project from Nigeria which is an African countryn .So that African countries are comming the party .But i think they are still survive but in near future African countries will accept crypto for sure to develop their economy.

[ivanleon]

The distribution of the Internet in Africa is very uneven, the coastal countries benefit from this plan. Accordingly, it is Nigeria, Egypt, South Africa, Kenya, Morocco. In other countries, things are worse and the Internet is expensive. They do not find it difficult to conclude that the development of blockchain technologies will develop primarily in these countries. Let's hope they pull their poorer neighbors with them.

[Rituvohra01]

Yes crypto survive in Africa. With availability and popularity of internet how can Africa disconnected with it . If a project is launched it means there is a possibility of growth.

[alstevenson]

Yes and Im sure of it , most of the companies in other countries will find their country and they will see an opportunity. And of course they can handle the problem on their own as well.

[laughingburger]

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 understand where you come from but i think if someone find African country is profitable crypto adopters big whales will want to tap into the countries regardless of the technology advancement with more workload impose on them.

[gurunanakji777]

Obviously if projects will be genuine they will most probably survive whether there are some internet issues because those who wants to adopt crypto they can arrange the internet anyhow or move to that place where internet is available. I believe cryptos has huge probabilities in africa to boost their economy whereas majority of the people are not using banks. Ultimately I can say crypto will flourish quite well in africa.

[Jee]

Most of African countries are still underdeveloped with limited technology in these countries in Africa.

I think crypto will make it all over the world not just Africa, i see an article that Nigeria is one of the leading countries when we talk about bitcoin holding.