Africa Poised to Storm the World as Bitcoin Spreads

By December 11, 2015Bitcoin Business

The African continent is determined to make a significant impact in the cryptocurrency ecosystem, especially with BitcoinCT r: 10

There is no surprise in the popular assumption that the “dark continent” is largely ignorant of the developments within the world of Bitcoin . This impression extends from the general poor level of infrastructure which cuts across most nations within the African continent, and the unstable policy making systems obtained from various government levels and their financial institutions. The Element of Surprise

Darin Stanchfield is the founder of Keepkey , a Bitcoin cold storage device that is available across the globe. Darin expressed his surprise at the response his company is getting from within the African continent.

Speaking to CointelegraphCT r: 30 , he says; “We have actually been surprised by the demand from Africa . I can’t speak of specific numbers right now, but internationally Africa has countries higher on the demand list than countries with larger populations. It is an interesting phenomenon, one that I haven’t heard a lot of people speak about.” Darin Stanchfield, the founder of Keepkey Specifically, Mr. Stanchfield identified South Africa as the largest patron of Keepkey among the African countries followed by the Northern African countries.”Kenya and Nigeria has shown a lot of demand too,” continued Mr. Stanchfield. According to him, heat wise the demand for Keepkey in Africa is similar per population as it is in Asia and Australia .

About the near future of Bitcoin in Africa, Darin believes that similar to every other continent, usage will grow. The Map tells the Story

Alena Vranova , Co Founder and Director at SatoshiLabs , the producers of the Bitcoin cold storage; Trezor also expressed surprise at the response of the African Continent towards their product. Speaking, she says; “I’ve been surprised by having more […]

Leave a Reply

All Today's Crypto News In One Place