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RSS FeedsThe trouble with cryptocurrency in Africa - the truth behind the hypes
(WorldNews Africa)

 
 

23 november 2017 20:53:48

 
The trouble with cryptocurrency in Africa - the truth behind the hypes
(WorldNews Africa)
 


Africans have one issue with the banking industry: trust. Trusting the bank to keep their money, to undertake global financial transactions, and to serve as a third party isnīt something they cherish - the unbanked population on the continent will tell you more. Some Africans still prefer `under my pillowī forms of money storage. Then there are cryptocurrencies - a currency that allows them to send and receive money regardless of their location and to save without prying eyes from the government or a bank. But thereīs trouble. Though the private sector is fast adopting cryptocurrencies into the continent, the public, the government, and authorities are on a different page. These are some of...


 
9 viewsCategory: General > Africa
 
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