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Beyond doubt, Cryptocurrency will revolutionize the whole world and Uganda is so fortunate to be among the top 4 African countries that are embracing this state-of-the-art technology. Although some African countries are unenlightened about the cryptocurrency sphere, I believe before long, Africa will be a fertile ground for Crypto adoption.
Prominently, this adoption in Uganda is remodelling the economy and standard of living for most Ugandans. Clearly, online transactions can now be made with little effort, this morning I read a story that gladdened my heart, it was about a doctor who just bought a piece of high-priced medical equipment online with Bitcoin.
Cryptocurrency is not only simplifying online transactions, over and above most Ugandans are regarding it as a store of value. Evidently, 90% of the crypto Fanatics there prefer to invest in Bitcoin and watch this space than to plough money into buying and storing land. In my mind, the future of this technology is really rosy.
The levels of unemployment are going down with Binance a Crypto-fiat Exchange that just launched in the country. Binance is reaching out to the youth with pieces of training to embrace more people in this space and it is as well offering Jobs to the citizens where also a number of Ugandan steemians are entirely depending on steem for their sustenance which is excellent.
Conclusion.
Cryptocurrency will soon blossom in Uganda simply because a number of leaders are getting involved. Although we are not yet sure if they will not change their minds later. So far a number of lives are being transformed in Uganda with this innovation and more is yet to happen after wading through these dull days.
These are really good news for Ugandans! I hope that there will be someone there to educate as much people as can about new technologies... It is important that people know about possibilities, to use them for their good...
Thanks for this info Irene...
Yeah, more people need to be educated about cryptocurrency and steem is a very good gateway to learn cryptocurrency although apparently the market is dull and I do not think they will be motivated. We Ugandan steemians will hold classes when the market is juicy. Thank you @cryptofiloz for passing by my blog.
you are most welcome... keep up with providing information to the people and they will start to follow.. ;)
Those who are clever will learn BEFORE the market start to be "juicy" and be in great advantage...
Yeah, you are right however apparently, I do not think anyone can give us an ear because it is not profitable now so they just have to learn when prices rise and the abnormal gains will keep the fire burning in them. Thank you Once again for passing by my blog.
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