Bitcoin makes its move on Africa

Bitcoin’s future lies in Africa; Jack Dorsey is making sure of that

Jack Dorsey’s intention for Bitcoin has always been for it to achieve “currency status”. However, rather than woo central bankers and financial institutions, Dorsey’s intention is to build a use-case with Bitcoin in the market that needs it the most—Africa.

Dorsey has told the media that he believes Africa will ‘define’ the future, especially the Bitcoin one. Building the prophecy, he revealed that Africa will be his home for a great deal of 2020.

He tweeted: “Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!). Not sure where yet, but I’ll be living here for 3-6 months mid 2020. Grateful I was able to experience a small part.”

Given this proclamation, his future residence, and his understanding and underpinning of Bitcoin as currency, Africa’s financial future will be heavily influenced by Bitcoin and Dorsey’s financial services company, Square.


Related articles

Harvest Flow: Security-First NFT Lending at Sushi Tech Tokyo 2024

Apas Port, a dynamic Web3 production company based in...

GrinBean’s Smart Bins Turn Heads at Sushi Tech Tokyo 2024

GrinBean, an innovative leader in waste and recycling management,...

Bright Skills Sparks Innovation at Sushi Tech Tokyo 2024

Bright Skills Limited, an organization dedicated to youth empowerment...

Stable Yen in a Digital World: JPYC’s Expanding Horizons

JPYC, the Japanese Yen Coin, has marked a significant...

Supercharged Synergy: Musk’s xAI and Oracle Team Up for Grok

Elon Musk’s xAI has formed a groundbreaking partnership with...


Please enter your comment!
Please enter your name here