EXPERTS Betting Big for Bitcoin in Africa – Is Bitcoin Ready? 3 years ago Iwo Bulski Post Views: 581 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 KENYA Poor tax policy erodes Kenya’s investor attractiveness – survey 15 hours ago Szarlot EXPERTS WORLD NEWS Answers to the iGaming industry’s most pressing questions 2 days ago Samuel EXPERTS SOUTH AFRICA Illegal slots seized, destroyed in raids 2 days ago Iwo Bulski EXPERTS NIGERIA SBWA + 2022 Summit this week in Nigeria 1 week ago Iwo Bulski EXPERTS NIGERIA Money laundering: ECOWAS agency fingers Nigerian casinos 1 week ago Iwo Bulski EXPERTS KENYA Kenya launches AML probe focusing on betting operations 1 week ago Iwo Bulski EXPERTS KENYA Digital scams have hit Kenya’s gambling and travel industry 2 weeks ago Samuel EXPERTS WORLD NEWS Slotegrator reviews the worldwide trend of gambling legalization 2 weeks ago Iwo Bulski EXPERTS GHANA Betting is destroying Ghana football 2 weeks ago Samuel EXPERTS UGANDA NETBALL: The search for $ 36 billion starts with fundraising 3 weeks ago Samuel EXPERTS NIGERIA The West African Gaming Market – A Sure Bet 1 month ago Iwo Bulski EXPERTS WORLD NEWS BETER has been shortlisted for SBC Awards 2022 in 3 categories 1 month 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.