For many years Africa have been left behind from events such Cryptocurrency, which got noted and appreciated when the young Africans started to see more independence and emancipation only possible with usage of currencies not controlled by central entities.
It's African nature not trusting money to local banks, and many couldn't afford to have an account with local financial institutions, most holding the savings on mobile wallets!
The interest in decentralized assets comes after concluding that no efforts from governments could save them from high rate of unemployment, social problems, poverty, criminality when pushed this youngs into the wall and obligated to find an escape way to survive found on Crypto a better weapon to fight it back! So the Hunt for Bitcoin started! This Hunt started to increase and the google trends could register notable search traffic coming from the African continent with Nigeria, South Africa, Ghana, Kenya, Uganda leading it and soon the same nations showed up interest in trade, learn and Hodl Bitcoin. The continent become Bitcoin Maximalist!
With the Maximalist view on Bitcoin the "blind" mind also get blocked to accept and learn more about cryptocurrency and bet in other altcoins that can serve better the purpose of a decentralized asset in countries of the third world.
Bitcoin don't serve for African reality, the fees are not viable most of the time when the price of the asset per unit increase also fees got higher they are unstable
It's an asset that couldn't be used for daily transactions and payment of bills that needed to be instant confirmed to give vendors trust to accept it on local shops to exchange goods for it.
The challenge to implant a new currency, such Bitcoin Cash on a Bitcoin maximalist continent is hard need time and efforts to make it happen, also be sure that the other coin which is planned to launch or make Africans embrace will be highly supported by "ambassadors" with experience, knowledge, dedication, passion and very motivated.
Which steps to follow to implant Bitcoin Cash slowly and steady in Africa.
I believe that the first thing to do is to create local communities that will be responsible to spread the world about Bitcoin Cash, explaining what it is, what benefits will come when embraced on local business or as mean of payment and store of value. The "ambassadors" who will hold this task must be prepared to face strong resistance from People who still believe Bitcoin still the biggest coin in Crypto field and with patience explain it and showing the differences and advantages compared Bitcoin (BTC) and Bitcoin Cash (BCH)!
The model of Bitcoin Cash Houses will work on African continent?
Yes, I believe in that! But also I have some points that could help on the model adopted to implant Bitcoin Cash Houses in Africa.
It's needed to understand that Africa is huge and few countries have some knowledge in Bitcoin cash or decentralized assets, in a continent of 1.2 billions only few people and nations are active on Cryptocurrency. Bitcoin Cash still new "topic" in most of them and sincerely the continent have few ambassadors to spread the word about Bitcoin Cash and that won't change soon!
That's the cruel reality and to overcome that, Bitcoin Houses to promote Bitcoin Cash adoption must have a different plan if want to get hugely noted:
I believe in an "headquarter" House that will support the other ones spreaded across the African continent offering knowledge to different people (Africans nationals) which could then carry the quest to their own countries, the House could be called "Bitcoin Cash House Africa" responsible to allocate ambassadors to local communities.
With a house focused in Bitcoin Cash adoption and teaching different nationals to educate their own citizens about the ecosystem it's more easier to get funding campaigns to support it and also give rewards to "ambassadors" according their job, if they work full time or part-time!
Africa have more than 50 countries and only few of them have some literacy on Bitcoin Cash, the model of local Bitcoin Cash is great but with a "Main House" I believe the quest could be more sustainable and surely bring more people to join the cause, Bitcoin Cash community is Growing, the coin will remain in the Top 5 and if Bitcoin Cash wallets increase in Africa, means that adoption is near!
I hope you enjoyed and willing to see your comments, take care!
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