EXPERTS Betting Big for Bitcoin in Africa – Is Bitcoin Ready? 3 years ago Iwo Bulski Post Views: 641 Cryptocurrencies have been one of the most polarizing concepts of this century, and the divide seems to be growing day by day. With traditionalists like Warren Buffett and other established names criticizing Bitcoin, modern entrepreneurs, especially from the technology space, like Mark Zuckerberg and Elon Musk, have come out openly in its support. Among all the supporters from the mainstream, one name that has continuously been vocal about crypto, and who is also taking giant strides to spread Bitcoin awareness is Jack Dorsey, the founder of micro-blogging platform Twitter and finance firm Square. Dorsey has always been supportive of cryptocurrencies, though he made it very clear that he will never be involved in creating a Bitcoin rival, unlike Zuckerberg, who created Libra. However, what he does believe is that Bitcoin will become the native currency of the internet, and this is nothing less than hope for the crypto space. However, Twitter CEO made a recent revelation that Africa is the future of Bitcoin, and his statement cannot be far from the truth. Several surveys have shown a trend that the demand for crypto is much more in underdeveloped regions where there’s a lack of banking infrastructure. Also, there have been several examples that clearly show that Bitcoin has been more useful in countries with economic instability than first world countries. Dorsey seemed to be quite impressed with the potential lying in Africa and had been visiting a few African countries like Nigeria and Ethiopia. He continuously posted pictures with technology developers, crypto-blockchain entrepreneurs, and several other professionals from the region, and stated that Africa is the future of Bitcoin. In a recent tweet, he informed that he would stay in the continent for 3-6 months in 2020, without specifying any particular country. Full article: https://www.cryptonewsz.com/jack-dorsey-betting-big-for-bitcoin-in-africa-is-bitcoin-ready/53937/ About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: bitcoin, cryptocurence Continue Reading Previous Esport business is yet to take off in AfricaNext 2019-a victory for Africa gaming industry More Stories EXPERTS WORLD NEWS What does the UK’s involvement look like in African business today? 20 hours ago Szarlot EXPERTS NIGERIA GamStop And Responsible Gambling in Nigeria 22 hours ago Szarlot EXPERTS KENYA KRA gains more from gaming and betting collections 22 hours ago Iwo Bulski EXPERTS KENYA Betting firms inflating sponsorships to avoid taxes 23 hours ago Szarlot EXPERTS NIGERIA Is the Cryptocurrency Noise in Nigeria Gradually being Silenced? 2 days ago Samuel EXPERTS KENYA Kenyan Govt Invites Public Submissions in the Creation of National Lottery 2 days ago Szarlot EXPERTS KENYA Naira Marley advises Muslims to forget betting during Ramadan 3 days ago Samuel EXPERTS WORLD NEWS Record 2022 numbers for Playtech 6 days ago Iwo Bulski BETTING EXPERTS Is Long-Term Betting a Smart Investment Strategy? 7 days ago Szarlot EXPERTS GHANA Casino Industry in Ghana Compared to South Africa 1 week ago Szarlot EXPERTS KENYA The Future of Online Lotto Payments: Cryptocurrencies and Digital Wallets 1 week ago Szarlot EXPERTS SOUTH AFRICA Operators Betting Big On Africa’s Booming iGaming Industry 1 week ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.