https://www.bbc.com/news/world-africa-45889707Ms Wambugu started trading in Bitcoin two years ago and and within a year she made enough money to buy the two-storey Nyeri hotel, which she converted to Betty's Place, her bbq restaurant. She also teaches customers how to trade and use Bitcoin.
Africa will represent blockchain's ability to democratize opportunity even for the geographically challenged. Once smartphone use and internet access expands, 350 million Africans are going to be able to do the same thing.
While I salute to Ms. Wambagu for her commendable achievements, this is a very rare scenario and not everyone can accomplish the same like her! It is one of a kind success story of a crypto trader. However, if the penetration of internet expands in Africa, a lot more people will become more financially stable with the help of cryptos. Crypto currencies have already changed lives of millions for good and it will continue this way, but being a highly successful entrepreneur like Ms. Wambagu will not be possible for every one.
Also with the increased adoption of internet, a significant number of African (especially Nigerian) scammers will shift their focus to cryptos. That posses a significant challenge to the entire crypto economy! Proper crypto education will be needed to overcome and bypass their scamming efforts.
Ms. Wambagu is a true inspiration for many would be entrepreneurs of this world, which shows that a fearless mind to accept new challenges and a open heart to learn new things will always see success and nothing else!