Prince Akpah, a Bitcoin advocate, emphasizes the importance of Africa adopting digital currencies for business transactions and deals.
He believes that increased adoption, as seen in African communities, is crucial for Bitcoin's growth.
Akpah, also the program manager of Africa Bitcoin Community, spoke at a Lagos press conference to announce their upcoming annual conference in Ghana. He highlighted the significant adoption of Bitcoin for transactions across African countries, surpassing adoption rates in the West or Europe.
Nigeria leads in Africa's crypto adoption, ranking first in the 2021 Global Crypto Adoption Index.
While Bitcoin's presence in Africa is growing, there's a need for collaboration to enhance knowledge sharing and networking between African and global cryptocurrency actors. Bitcoin continues to reshape how people engage with money and the global monetary system.