Why Africa should lead the way in the global cryptocurrency race

“There remains an enormous percentage of people across Africa who are unbanked. Cryptocurrencies allow people to access financial services with very small amounts of money. Therefore, these digital currencies will be able to speed up the advance of financial inclusion. They can provide access to financial services, including remittances, for millions of people who live in remote areas or who might normally not be able to use financial services because of the biases of traditional financial firms.”

Source: https://www.iafrica.com/africa-should-lead-the-way-in-global-cryptocurrency-race/

Cryptocurrencies are still risky business because governments still have a difficult time with regulation. Yet, a strong, stable African cryptocurrency that has global appeal can level the playing field and literally make African nations competitive on the international level. How can African Americans support the development of such a cryptocurrency? This might be a good project for the cryptocurrency group in Afro Futurist Social Network: X Nubia Phi (https://xnubiaphi.com/groups/?cryptocurrencies/) .

#afrofuturism #blackmusic #blackjesus #blackentrepreneur #blackfuturist #xnubiaphi #afrophysicist #afronaut #afroscientist #afrochemist #afrobotanist #afrotechnology #afroexplorer #afrohorticulturist #blackgenius #blackengineers #NSBE #afroengineers #blacktothefuture #darkmatter #darkscience #theblackvote #afropoliticians #blacksciencefiction #blackspeculativearts #blackownedbanks #blackblueprint #afrofuturistagenda

Get involved!

Curated News for Afrofuturists

Highlighting the intersection between Technology, The Arts, Business, Science, Mythology, and Black Liberation

Comments

No comments yet
WP2Social Auto Publish Powered By : XYZScripts.com