Nice write-up....Right here in Africa, cryptocurrencies have opened up new frontiers for young people and has brought people with no previous knowledge of the workings of the financial sector into a space of accelerated learning! In Nigeria the first major exposure to cryptocurrencies was the adoption and proliferation of the global ponzi scheme 'MMM'; most persons lost their hard-earned monies, but a core group of crypto-enthusaists emerged and began to explore the possibilities and applications of cryptos beyond ponzi schemes, and this has led to a silent but significant financial revolution for youths-and this is just the beginning
You are viewing a single comment's thread from:
I hope people learned from MMM, as it was obvious it was a Ponzi scheme. Hopefully, we will see individuals building blockchain solutions to improve the social and economic demography. Nigerians seem to see bitcoin a quick money making machine. However, blockchain application to the economy would be beneficial.