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.

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Cult Today

Cult Today

CULT is a collective for NFT lovers. We are passionate NFT hoarders, we love minting our own collections and we are always on the lookout for collaborations. Most of our work can be found on StakeCube Marketplace

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