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CD121: BITCOIN IN AFRICA WITH KG - FOUNDER OF MACHANKURA

Citadel Dispatch

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Challenges and Opportunities of Bitcoin Integration in Africa

The chapter delves into the complexities of implementing Bitcoin in Africa, particularly in Nigeria, due to regulatory hurdles and the absence of suitable financial infrastructure for Bitcoin transactions. It explores the decision to offer Bitcoin-only services, struggles with integrating Bitcoin with mobile money services, and the difficulties faced by users in acquiring and using Bitcoin in cash-based economies. The conversation also touches on innovative solutions like setting up cash points and utilizing tech co integrated vouchers to bridge the gap in Bitcoin accessibility.

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