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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?

 

[Wisdom01]

Yeah I think in Africa the use of cryptocurrency is very important , because of the positive effect it would have in the economy and why people should adopt it more I think

 

[SCAMEXPOSER]

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?

I think you need to be more specific which people are making profit from cryptocurrency and which kind of project on education and they spending their profit on or are they giving donations to organisations or what.

 

[BullyMaguire]

It's important because people who doesn't have a job can make money by trading crypto currency. Since the government cannot provide it for everyone of them. Instead of doing something bad they should just allow them

 

[btaliat]

I don't know why Africa who is even supposed to take crypto more serious is the fighting against it. It is necessary in Africa to reduce the rate of employment.

 

[Balint098]

Since some countries there are blocked or limited by Paypal, I suppose crypto is more important to them than anywhere else.

 

[07Trinity]

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?

Honestly we need cryptocurrency power in this part of the world,there is money in online hustle and cryptocurrency is one of the ways to achieve this possibility,it's to our own advantage of we can adopt it.

 

[a_jerobon]

Here in Africa, the profits one earns from cryptocurrency trading can really be used for so many things. Including that of paying school fees for children.

 

[Brain]

Whether crypto currency or not I know that if the money available are used for the betterment of the society life will be a lot better. But corrupt leaders don't allow these things happen.

 

[darasimi]

That's is absolutely a philanthropic gesture and it's indeed a welcome development in the right direction. It's a positive news that would encourage the financial investors to wanting to put their money on cryptocurrency.

 

[Niklaz]

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?

You may be right because in Nigeria parents and guardian spend over 60% of thier yearly income on education alone. Public school is nothing to write home about some majority send their children to public school.

 

[ELSA-ELI]

With a little money coming in from crypto investment it is having a very significant figure.

Now that we are well informed then we should be able to level up.Having an investment of about $500 used for hodling could be racking you a substantial amount that can cutter your almost half your living expences.

Imagine making a $100 in profits every week then you are good to go.That is what cryptocurrency can do to create employment and earning opportunities

 

[Sotherefore]

About from investment in cryptocurrency and using the profit to take care of some of our basic need I do not really see the function of cryptocurrency generally in Africa because cryptocurrency cannot be adopted as a normal mode for payment of goods and services because of its high liquidity.

 

[Skysaint]

I totally do agree with your point. It is really necessary in Africa and the African countries should understand this and see the importance of cryptocurrency to the citizens and even to the unemployed youths

 

[Mariappa45]

Cryptocurrency is very important in Africa. If it's not important in African region many wouldn't have been around cryptocurrency. Since we see it as a way to earn future reward and end the issues of unemployment and lack of money we simply grow happy investing into cryptocurrencies, because the government have failed us. Failing to create jobs for it's citizens nor encourage cryptocurrency growth.

 

[cmoneyspinner]

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?

Profits from cryptocurrency are no different from profits made from investing in stocks, mutual funds, etc. There are those who will use the profits for good and those who won't. There are countries who have a need for better education and healthcare. If the profits are used to improve the quality of life for the citizens, that is fantastic! Africans are very tech-savvy. There are those who can make it happen provided corrupt government officials don't block them from doing good works.

 

[ELSA-ELI]

Cryptocurrency is necessary for africa and many other lower tier country.because there is no access to easy to find employment hence limiting the income for the less fortunate.With the right knowledge and an investment of about $500 or more one can start earning a meaningful income.This is indeed the best start up business there is for any thriving individual.that is why cryptocurrency has been ranked the best investment in a long time the world has ever seen.but the legislature from different sectors of many society see this more of a threat and a risk thank it's good side and they have fought hard to allow it to be in existence worldwide but at this rate you can't stop cryptocurrency and let it go to extinction.

 

[btaliat]

Apart from the the fact that Africa is one of the continents that have majority of its youth being unemployed, it is also the continent that has devalued currency. Involving in crypto may help in correcting these two problems. It may strengthen the currency and even provide employment for the teeming youth.

 

[AudraMiller]

Profits from cryptocurrency are no different from profits made from investing in stocks, mutual funds, etc. There are those who will use the profits for good and those who won't. There are countries who have a need for better education and healthcare. If the profits are used to improve the quality of life for the citizens, that is fantastic! Africans are very tech-savvy. There are those who can make it happen provided corrupt government officials don't block them from doing good works.

That is true, and i think that this is why there is so much focus that is being placed around the regulation of cryptocurrency in order to try and benefit from the profits that people are making. if we look at cryptocurrency trades there are those that make profits in excess of 100% in profit and this can be used to the advantag of many.

 

[SCAMEXPOSER]

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.