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#1286 Qiao Wang | Crypto Analyst Reveals His Big Bets for 2024

The Pomp Podcast

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Global Migration and Cryptocurrency Adoption

Migration between Africa and Europe has created a demand for remittance products and cross-border payment services, especially for African Nigerians studying in Turkey. Turkey is emerging as an interesting country for cryptocurrency, with more physical shops for crypto than bank ATMs in smaller cities. Latin American countries like Argentina, Venezuela, and Colombia show significant interest in cryptocurrency due to unstable local currencies. This indicates a shift in perception towards cryptocurrency, moving away from the concept of 'financial privilege' associated with traditional banking.

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