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Author Topic: Why Bitcoin's adoption in Africa may not first be institutional.  (Read 156 times)
Bastketsrus
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June 18, 2026, 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.
TastyChillySauce00
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Today at 03:32:28 AM
 #22

I heard this too but I don't have the number. I remember reading a thread where someone says they're using crypto to make payments overseas and whatnot.

Is there any reliable report on this? Saying it surpassed developed countries can mean many things. Even "rate of growth" can be debatable. It would be great if the report mentions how they calculate and what category they used to determine that.

Even in my country where the use case is limited to trading, it was counted as "adoption" in many reports that I've read.


There was a report from chain analysis, links of comprehensive report here : https://www.chainalysis.com/wp-content/uploads/2025/10/the-2025-geography-of-crypto-report-release.pdf. Basically, Africa is doing well with its crypto adoption growth but trailing behind asia pacific and LATAM however above most developed nations with 19.4% YoY growth in 2025 which is great.

Many of their volumes are also with bitcoin. There seems to be a shift from using a conventional remittance to using crypto for export and import activities. It make sense though since getting paper USD is said to be difficult and have significantly higher rate, basically more expensive than using crypto.

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