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RE: Right Now And Long Term

in GEMS3 days ago

Right. Compared to Africa, Europe already has relatively established financial systems that although archaic(compared to modern times) are still functional and used by the population. Still to this day, PayPal isn't supported in many African countries as a way to send payments internationally. There are fintech apps that are coming up as possible alternatives but I'll rather jump straight into crypto and dip my toes into it than try out those new alternative apps.

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Yes, I read they are using various apps for payments instead of banks, at least in some African countries. But they are also more likely to adopt crypto, since these apps themselves are an alternative method of transacting, so from there to crypto is a smaller step than from the rigidity of a banking system.