₿itcoin Adoption in Africa has become a necessity as their Fiat Currencies Crumble! 🌍💰

1 year ago
43

Africa has the fastest adoption rate of ₿itcoin in the world, but isn't due to hope and desire to change the financial system like it is in the West, its due to necessity. Yet there's a problem, only 37% of Africa has internet access and ₿itcoin requires the internet to send and receive. Enter 'Bitnob'. Bitnob connects to ₿itcoin's layer-2 Lightning network as the fastest and cheapest ways to send ₿itcoin, but with a twist: SMS text messages are used to send and receive ₿itcoin without an internet connection! 📱⚡💰

Entrepreneurs are bridging gaps in electricity and internet connectivity with ₿itcoin mining and SMS solutions to increase accessibility for the people who need it most. Watch to find out why Africa has the fastest rates of adoption for this technology in the world. 🌍

To fix a country you must first fix the money! 🩹💵

Why the Central African Republic adopted Bitcoin:
https://www.bbc.com/news/world-africa-61565485

Three Countries Account for Nearly Two-Thirds of Africa's Crypto Holders:
https://news.bitcoin.com/three-countries-account-for-nearly-two-thirds-of-africas-crypto-holders-study/

One of the World’s Poorest Countries Put Its Faith in Crypto – Why?
https://www.vice.com/en/article/dy7qyz/central-african-republic-bitcoin

Gorillas, militias, and Bitcoin: Why Congo’s most famous national park is betting big on crypto:
https://www.technologyreview.com/2023/01/13/1066820/cryptocurrency-bitcoin-mining-congo-virunga-national-park/

And no surprise, here is how the IMF is reacting to Africans moving to Bitcoin to fight inflation and protect their savings...

Africa’s Growing Crypto Market Needs Better Regulations! The risks from crypto assets are evident—it’s time to regulate!
https://www.imf.org/en/Blogs/Articles/2022/11/22/africas-growing-crypto-market-needs-better-regulations

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