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Author Topic: Why Bitcoin's adoption in Africa may not first be institutional.  (Read 143 times)
Bastketsrus
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Today at 09:42:57 AM
 #21

I think Africa may follow a slightly different path than many people expect.

A lot of comments focus on remittances, inflation, or weak banking systems, and those are definitely important. But what stands out to me is the growing number of freelancers, online workers, and small digital businesses across Africa

For someone working remotely with clients from Europe, the US, or Asia, Bitcoin is not just an investment. It can be a tool for getting paid without waiting days for international transfers or dealing with expensive intermediaries

Yes, Bitcoin is more volatile than stablecoins, but it doesn’t mean people have to hold it for long periods. They can simply use BTC as a transfer rail -receive it, move it across borders, and convert it into local currency when it arrives.

In that sense, adoption may come not because people want Bitcoin as an asset, but because they need a better financial tool. And once enough individuals start using it for practical reasons, institutions usually follow later. That’s how it happened in many other places too

I agree. Most people adopt a tool because it solves a problem. If Bitcoin makes cross-border payments easier for freelancers, adoption will come naturally.
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