In Kenya, the centralized system is working for many people and that's why they are not enlightened or interested in crypto.
Most of us humans are wired that way, we get comfortable with things and never get curious about another way of doing things out there. Finding ways to better ourselves, will lead us to discoveries that might be of benefit.
Hopefully, Kenya continues to see crypto as not a threat, to give the youths time to discover cryptocurrency. The more time countries waste on clampdowns the better for their citizens.
Being in Benin pushed me to discover Paxful and mobile money and I am loving it! The bank is excluded from on and off-ramp cryptocurrency through this means and I hope we get more of this out there and for people to discover them.
For Africa and the world at large, I hope decentralization is understood and prioritized, that way we should be retaining the value crypto offers us, true ownership, and decentralization...
Many thanks for listening bro.
Have a great Caturday with Bob 🙂
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I didn't even know about paxful and mobile money, I think it's because peer to peer is more rampant in the country.
It is a discovery am very pleased with, the use of Paxful is quite high in Nigeria, when I listened to the podcast of the Paxful founder, he is quite bullish on Nigeria's cryptocurrency stand. The podcast was shared in my article by dalz when I wrote about my Paxful experience.
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Oh yes bro, the fact that banks aren't involved is just amazing. Mobile money and crypto made it possible to be our own bank, no need to queue for hours at a bank hall waiting your turn to withdraw your money. Now we can just keep it on the phone, log in and do transactions any time of day or night. It's liberating and amazing.
Thank you and do keep enjoying the weekend :}
A broader look might just give us a glimpse of what the future holds now that we are starting to have ways to transact out the banks like this. This is truly amazing.
A blessed Sunday to you bro.
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