Cryptography. Should Africa embrace the bitcoin revolution or sit back again and pretend like nothing is going on?

By now, I know you must have heard a lot about words like cryptography, bitcoin, etherium, litecoin And so many other such words. It’s also possible that you’re reading such words for the first time. Don’t worry, I got you! Those familiar with these terms might have thought of investing in bitcoin or have already invested your money. Has it worked out yet? I know it has. or it hasn’t yet.

Cryptography is slowly taking verge in the economic field with Shatoshi Nakamoto’s bringing its birth with the invention of bitcoin. It then stealthily penetrated into the monetary system without any confidence. Some people looked at it as a form of cyber theft as a lot of hackers roamed the system. Many investors who invested in it lost much money but now, good news keep bumping in as security continues to tighten in the system, confidence in the system is getting mustered and millions of people are joining the new wave!

Question is. What’s up Africa? By the end of 2018, bitcoin was the most searched word on google in Nigeria and it ranked number one on google trends in Africa. Bitcoin has got a lot of investors in the United States and Europe.

In Africa, Nigeria and South Africa have embraced the new form of soft money. Zimbabwe, Uganda and others are slowly peeping in but with little confidence.

Soft money is the new trend available now and there is a possibility that soon it will replace the hard cash. It’s time for Africa to jump onto the truck and race on. Cryptography does not need a lot of documentation or a complex procedure. One only needs a gadget and internet.

However much the the inner processes seem complicated and hard to understand, one does not need to know everything, just the current banking system. But for the start, one would wish to know full information so that he/gets enlightened and is able to speak from an informed point of view. If you stay with me at this blog, we shall walk together and muster this system.

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