Bitcoin cash have condiments to become an asset that is widely used in the African continent, with low fees in transactions, fast confirmation on network and as investment asset that could earn awesome return and empower Africans to a better future.
Cryptocurrency have been an "escape" to mostly of young Africans that willing to have a better future for their own becoming entrepreneurs, despite being thrown out by government they work hard to be what this entities can't offer, so the search for online works that pay in crypto increased a lot but not all of this assets fit in the African reality.
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Africa needs assets such Bitcoin Cash as P2P cash system that can be used for exchange goods using it, and the same goods can be the ones that are pertinent for the reality on the continent which a very effective, low cost and highly credible for instant confirmation on network.
How to use Bitcoin Cash to spread the word and also give what African need for daily routines!
Differently for what mostly of the outside world thinks, Africa have mostly of the youngs living in metropolitan areas almost always connected to Internet, where mobile network providers are making billions with the sale of data bundles vouchers to fuel mobile devices.
This could be a very good entrance for Bitcoin Cash, that will be a coin to be used to exchange with this goods and the same time spread the world about! Africa can be a very good market for Bitcoin Cash and to use it for payments using the asset between the African continent, but won't be easy to fulfill this desires but with a plan to expand the benefits for it will be massive adopted. If this could be used to purchase goods such as Vouchers (initially) paying less on fees acquiring them, it would be more appreciated than traditional services such M-Pesa, which only accept to purchase this kind of goods for the same mobile network owned by the firm not giving space for other mobile network provider.
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Using Bitcoin Cash could give more advantages to purchase this goods over the internet than this services, which also will save a lot on transactions fees while doing that, there are services offering purchase of data bundles using Crypto but aren't widely used due to lack of information and trust. If this service could be implemented will need a good management and organization of the firm/entrepreneurs that wish to provide the service.
There's plenty room to embrace and adopt the use of Bitcoin Cash in Africa, just need plan, engagement and a whole passionate people involving with and there are lot of young Africans that could carry on the task!
Have a great Sunday, and in COVID-19 times it's pertinent to follow all the measures and stay Home.
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**All images from Unsplash website with rights for commercial purposes.
Oow this is a nice post