Many global entrepreneurs and investors have been keeping a close
eye on Africa’s powerhouse economy and monitoring how best to introduce bitcoin. Perhaps establish a crypto-wallet application which will be available on the Google Play Store for the masses since most people can now access smartphones. Furthermore, people are more familiar with the value of their phones, and how to access their banks through the phone, thus will be a major plus for the introduction of Bitcoins in Africa.
Banks are very expensive to operate for the low-income earners, but with the new crypto-currrency technology you get the new service but at an affordable rate.
The best part is that with Bitcoin in Africa, things will never be the same again. Bitcoin offers an affordable money transfer rate from any part of the world to another country, with the best rates specializing in Africa. With Bitcoin, you can send money from overseas to Africa for a only 3%, compared to money transfer with Western Union or Money Gram which costs 12%. No more expensive international money transfers! Why wait for 3 days to get your money, when you can have it in minutes? A new innovative money transfer technology.
But it all comes down to convincing people to put their trust in the new money system, which is Bitcoin. And this will only be achieved with the right integration and solid content marketing strategy. Who doesn’t want to be involved with a new start-up and be part of an innovative product growth? Bitcoin is an open-source and everyone can take part in it. Despite the many legal frameworks and governmental procedures in Africa, bitcoin is a business set to grow in Africa. In the next ten years it will be something huge. Solve your financial issues with bitcoin! Bitcoin, a great investment for the future!