[TheColorYellow]

Cryptocurrency as a means of payment is used in Africa. And the usage of Bitcoin as an inflation hedge has certainly been proven by the fact that Bitcoin returned superior returns over the inflation rise recently than any other asset an average African could have held.

Maybe we shouldn't ignore that mobile banking in Africa still doesn't allow easy access to US dollars? Maybe we shouldn't ignore that a transfer from the currency in Ethipoia to the currency in Nigeria requires routing through the European banking system?

Don't act as if the traditional financial system has greatly supported the emerging market world. Let's not lie to ourselves.

[sdenton4]

What proportion of bitcoin's five economically meaningful transactions per minute are African? This activity is a rounding error.