With Bitcoin, Africa Is Becoming The Undisputed Leader of Financial Liberation
With a population rapidly adopting Bitcoin, Africa is dismissing classic narratives and becoming the world’s epicenter for the financial future.Africa is leading the way for global Bitcoin adoption — pioneering the first truly peer-to-peer movement on the ground. While many parts of the developed world are fixated on the speculative activity of bitcoin, people in Africa are teaching us about its true use cases and the opportunity it presents for greater financial inclusion of the underbanked. Much of history is rooted in the Western narrative that paints a negative picture of Africa,....
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The Kingdom of Morocco is the leader for Bitcoin trading across North Africa in 2021— despite its illegal status. Estimates from Triple A, a Singaporean cryptocurrency provider and aggregator, state that 0.9 million people, or roughly 2.4% of Morocco’s total population, currently own cryptocurrency. That puts the kingdom as the top country in North Africa and in the top 50 holders of cryptocurrency population percentage, just ahead of Portugal.Data from Useful Tulips — a platform that tracks peer-to-peer BTC trading across the globe — confirms the trend. The Kingdom of the West, as it’s....