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[AudraMiller]

There are many people that are raking in the profits when it comes to their cryptocurrency investments, however we have never really focused on what these profits are being used for. In fact there are many articles about how much people are making but never on what they are doing with these profits. In a recent news article it seems that cryptocurrency in Africa Is very important for the children of the continent as more than half of the profits that are being made by cryptocurrency investments are being used in order fund the educational costs for children, in terms of school fees and so forth. What do you think about this development?

 

[AudraMiller]

If African countries decide to regulate and mobilize revenue from cryptocurrency activities there's every possibility that the countries will be rich because a lot of people are investing heavily in cryptocurrencies despite the threats by the different government.
African countries has that potential to grow cryptocurrencies heavily.

I do agree with you and i think that this is a potential revenue source that they are not taking advantage of just yet and i hope to see that int eh future because i think that if they take the time in order to see how cryptocurrency can be regulated and tax the transactions that they could benefit greatly.

 

[SCAMEXPOSER]

I do agree with you and i think that this is a potential revenue source that they are not taking advantage of just yet and i hope to see that int eh future because i think that if they take the time in order to see how cryptocurrency can be regulated and tax the transactions that they could benefit greatly.

Absolutely because the Challenge most of them keep mentioning is the issue of money laundry which I believe technologically that can be reduced. I hope that in the future or very soon they will realise the need to tap from the over 2 trillion dollars cryptocurrencies market.

 

[cmoneyspinner]

To be brutally honest, I wish people who have to flee conflict and now live in refugee camps could have access to crypto. There are lots of articles talking about crypto donations being made to help refugees but there must be ways for refugees to improve their financial situation. Nobody wants to be a refugee forever! I think it's a way to help people help themselves. How Refugees in Lebanon Can Benefit From Cryptocurrency and Blockchain To Exchange Money and Increase Financial Inclusion?

 

[SCAMEXPOSER]

The challenges if Lebanon and other countries where refugees are do not support cryptocurrency activities it is very difficult for the propagation of cryptocurrency knowledge and opportunity but if the country's support cryptocurrencies it will be much easier for people to drive them into investing in cryptocurrencies because everything such as learning and trading will be made legal for the refugees.

 

[Niftyicon]

Cryptocurrencies in Africa is a life saver and not just for those who now have a means of livelihood trading Cryptos but also those who have now found an investment tool with unbeatable APR. Added to that is those who have taken up careers in block chain technology and doing great things with it.

 

[Magdalene]

The countries that accept cryptocurrency have seem and have made exploit in th cryptocurrency Space . Example is the development around cryptocurrency in El Salvador, the president and his teams have created lots of mind blowing projects around bitcoin. This sets of projects impact the lives of citizens positively.

 

[Chibson]

Definitely there are some cryptocurrency projects that are coming from Africa lately and some of them have been very successful such as Wakanda Inu project. I think the cryptocurrency have a lot of prospects that will make it become the next big thing in the cryptocurrency world. there are also other projects that are coming up which are really doing well lately and I have been following some of them.

 

[SCAMEXPOSER]

Definitely there are some cryptocurrency projects that are coming from Africa lately and some of them have been very successful such as Wakanda Inu project. I think the cryptocurrency have a lot of prospects that will make it become the next big thing in the cryptocurrency world. there are also other projects that are coming up which are really doing well lately and I have been following some of them.

I didn't know that the project wakanda inu from Africa, it a very good move by African developers, lead token is an African based project and it is doing very great in the cryptocurrency market. Let see how far wakanda inu will go next year. I wish to know if the coin is listed on Binance already and the current value of the coin. Thanks.

 

[Chibson]

I didn't know that the project wakanda inu from Africa, it a very good move by African developers, lead token is an African based project and it is doing very great in the cryptocurrency market. Let see how far wakanda inu will go next year. I wish to know if the coin is listed on Binance already and the current value of the coin. Thanks.

Yeah, I have my investment there and it has been doing great. the cryptocurrency is not yet listed on top exchanges such as binance and kucoin and so many of them. you can get it on pancakeswap and Bkex. there are also other exchanges in which you can get it such as Tatswap, localtrade,etc. you can check on coingecko to know the price of it.

 

[SCAMEXPOSER]

Let's take it from someone like me. I live in Africa. And poverty looms in the country. Imagine if there was no cryptocurrency, things would have been worse. Africa needs cryptocurrency. And I'm glad to know that we're a accepting cryptocurrency little by little. That's a very good one

I quite agree with you African needs cryptocurrency much more than every other continents because of the high rate of unemployment and poverty, corruption and bad leadership but with cryptocurrency a lot of people are securing jobs for themselves as they are taking risk by investing and constantly trading which is making life more comfortable for them.

 

[Magdalene]

I quite agree with you African needs cryptocurrency much more than every other continents because of the high rate of unemployment and poverty, corruption and bad leadership but with cryptocurrency a lot of people are securing jobs for themselves as they are taking risk by investing and constantly trading which is making life more comfortable for them.

We all know that inflation is a killer of the economy. Cryptocurrency would help resolve this and it will fix the economy. We understand that the corrupt politicians may hide under the umbrella of Cryptocurrency to perpetrate money laundering. But we wouldn't agree less that the ban of Cryptocurrency stopped money laundering among the politicians.

 

[SCAMEXPOSER]

We all know that inflation is a killer of the economy. Cryptocurrency would help resolve this and it will fix the economy. We understand that the corrupt politicians may hide under the umbrella of Cryptocurrency to perpetrate money laundering. But we wouldn't agree less that the ban of Cryptocurrency stopped money laundering among the politicians.

Yes it has not stopped my laundry because they continue to use your normal way to launder money. I believe if the government of different countries in Africa are willing to let legalize the use of cryptocurrencies there are better ways that they can use kyc to regulate cash flow in all exchange public platforms.

 

[btaliat]

If African countries decide to regulate and mobilize revenue from cryptocurrency activities there's every possibility that the countries will be rich because a lot of people are investing heavily in cryptocurrencies despite the threats by the different government.
African countries has that potential to grow cryptocurrencies heavily.

African leaders should read about how El Salvador that adopted bitcoin in the mid this year has started benefiting from this investment. Even if crypto will be regulated, it will stil be better than total ban or non support that crypto is receiving from African leaders. I just hope the establishment of Yellow Card exchange wallet will go a long way in convincing both the leaders and citizens importance of investing in cryptocurrency in Africa.

 

[btaliat]

If African countries decide to regulate and mobilize revenue from cryptocurrency activities there's every possibility that the countries will be rich because a lot of people are investing heavily in cryptocurrencies despite the threats by the different government.
African countries has that potential to grow cryptocurrencies heavily.

African leaders should read about how El Salvador that adopted bitcoin in the mid this year has started benefiting from this investment. Even if crypto will be regulated, it will stil be better than total ban or non support that crypto is receiving from African leaders. I just hope the establishment of Yellow Card exchange wallet will go a long way in convincing both the leaders and citizens importance of

 

[highspeed]

To this I would also add the issue that, from the information I have found, it seems that most of the people in the world without a bank account are located in Africa. So there, cryptocurrencies would give these people the access to many services, through simple cell phones.
Furthermore, that blockchain technology could contribute to a substantial development of African infrastructures.

 

[SCAMEXPOSER]

Well I think the fact that African continent is not doing great, majority that are worthy to have bank accounts have them, the issue of bank accounts should be ruled out.
@btaliat , I quite agree with you because since El-Salvador government accepted cryptocurrencies we haven't heard of any money laundering activities so if African leaders could check out their model it will be wonderful.

 

[Magdalene]

Yes it has not stopped my laundry because they continue to use your normal way to launder money. I believe if the government of different countries in Africa are willing to let legalize the use of cryptocurrencies there are better ways that they can use kyc to regulate cash flow in all exchange public platforms.

This is not a very good reason for not adopting cryptocurrency because before the creation of cryptocurrency, there are has always been different cases of money laundering. When bitcoin was banned in my country, the money laundering didn't stop. We need a proactive measures to be able to make wise decisions on cryptocurrency.

 

[Mariappa45]

When though not every one is trading it in Africa, at least Africans have shown enormous potentials that they are simply in for crypto in investment long time. And they've been trading as well. I believe with time Africa will grow more via digital currencies when the world come to understand that crypto is the future, when doubt will be completely erased.

 

[Magdalene]

When though not every one is trading it in Africa, at least Africans have shown enormous potentials that they are simply in for crypto in investment long time. And they've been trading as well. I believe with time Africa will grow more via digital currencies when the world come to understand that crypto is the future, when doubt will be completely erased.

The basic truth is that are we prepared to make cryptocurrency a legal tender in Africa? Do we have the necessary resources to launch campaigns on cryptocurrency project. We could see the commitment involved from what El Salvador as to go through before the project becomes successful. Africa could also toe the line.

 

[SCAMEXPOSER]

When though not every one is trading it in Africa, at least Africans have shown enormous potentials that they are simply in for crypto in investment long time. And they've been trading as well. I believe with time Africa will grow more via digital currencies when the world come to understand that crypto is the future, when doubt will be completely erased.

Honestly, African is in top of the chart despite that the continent is not seeing the potentials in cryptocurrencies, the jobless Africans has found jobs and continiously exploring the books and crannies of cryptocurrency market and lots of projects arround the ecosystem.