Bitcoin Conquers Morocco As Underground Crypto Bazaar is Flourishing
Bitcoin and other cryptocurrencies use are spreading rapidly in the Kingdom of Morocco on the blind side of the global Satoshi community. Professional crypto trader and developer, Aziz Elmi estimates that more than $200,000 of Bitcoin trading is done daily under the radar in his native Morocco. Elmi is a leading member of the crypto community in his country with a huge following and the main developer of AtlasCoin, one of Africa's only two cryptocurrencies. He is positive Morocco has a lot to offer to the digital currency world. Morocco's unwillingness to open up enough to the rest of the....
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In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million.
Morocco in Africa’s Top Four
In 2021, Morocco’s peer-to-peer crypto trade volume of $6 million was enough to see it ranked North Africa’s top cryptocurrency trading nation, according to the latest data from crypto payments company Triplea. The data also shows that only three African countries topped Morocco’s volumes and these include....
The Silk Road revolution will not be centralized. Photo via lakpuratravels. Ars Technica recently published an interview with the Dread Pirate Roberts of "Silk Road 2.0", and one of the main points DPR 2.0 made at the end of the interview was that this underground marketplace is a small part of an overall revolution in decentralization. I recently wrote about the ideas of decentralized marketplaces and how they could affect eBay and Amazon, but these marketplaces also play a role when it comes to advancing the philosophy behind Silk Road. It's just a matter of time before this new version....
Ever since the downfall of underground drug marketplace Silk Road, many new entrants had tried to replace its criminalized glory. One among such newbies were Evolution Marketplace that was launched only a few months back, and soon gained fame for its notorious product range. However in the last few days, the drug bazaar is said to have been taken down by, as many believe, its own administrators. According to a complaint submitted on Reddit by one of the Evolution staff member, the owners of the drug marketplace - Verto and Kimble - were running a scam in the name of an online bazaar. He....
Ingenuity, community and fun were on display at the Bitcoin 2022 Bazaar, a marketplace of merchandise from Bitcoiners.
China has shut down many underground cryptocurrency apps. A total of 13 underground trading applications have shut down after putting a ban on them for almost one year. As suggested by reports, China, which happens to be the world’s second-largest economy, has called crypto-related transactions illegal. China regulators have taken down 23 crypto-media websites and […]