Path To A Bitcoin Standard In Africa – Bitcoin Magazine

Path To A Bitcoin Standard In Africa – Bitcoin Magazine

  • Bitcoin
  • August 25, 2022
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This is an opinion editorial by Charlene Fadirepo, a former U.S. federal regulator and Bitcoin activist.

In this article, I will be discussing the current state of the rapidly growing Bitcoin ecosystem across the continent of Africa and how this progress will enable the path toward Africa’s Bitcoin standard.

Merriam-Webster’s dictionary defines an ecosystem as a “complex community of organisms whose environment functions as one whole ecological unit.” In the context of the continent of Africa, the Bitcoin ecosystem is a nascent but promising network of peer-to-peer and traditional Bitcoin exchange platforms, community educators, investors, Bitcoin core developers, entrepreneurs and enthusiasts, working in concert in pursuit of an African Bitcoin standard. I believe Africa represents the most elegant use case for a Bitcoin standard in existence. In the paragraphs that follow I will explain why.

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