7. Bitcoin in Africa:

A Means of Financial Liberation In several African countries, rampant inflation, banking restrictions and economic instability have prompted many people to adopt Bitcoin as an alternative solution.

Nigeria, in particular, has become a center of Bitcoin adoption. In 2020, despite government restrictions, Bitcoin trading exploded.

For many people, Bitcoin has become a way of bypassing banking limitations and securing their savings in the face of collapsing local currencies.

Africa shows how Bitcoin can play a key role in under-banked regions.

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