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Author Topic: [2019-01-08]Market Accelerator: Africa is the Next Big Thing for Crypto Bubble  (Read 112 times)
Vladdirescu87 (OP)
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January 08, 2019, 07:02:40 PM
 #1

A lot of Blockchain technology and cryptoasset companies are massively setting up their offices and big projects in Africa. Several cryptocurrency fanciers are asking why African countries are the main target, not Europe, America or Asia which has a large number of potential investors.

The reasons as to why this is happening like this are just simple and precise as follows: https://coinidol.com/africa-is-next-big-thing-for-crypto-bubble/

hatshepsut93
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January 08, 2019, 07:19:49 PM
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If you'll look at metrics like node counts and trading volumes, it's clear that African countries or some other poor countries like Venezuela currently amount for only a tiny fraction of Bitcoin users. Some may say that it only means that those countries have a great potential, but for skeptics it's a sign that those countries have some huge obstacles that have prevented them from using crypto all these years. These obstacles might might include lack of education, lack of electronic devices, poor knowledge of English, poverty and so on.
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