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in Tech

Bitcoin is poised to blow up Africa’s $86 billion banking system

by Editor March 26, 2023, 2:08 pm 1.5k Views

Sam Bankman-Fried faces an onslaught of regulatory probes

ACCRA, GHANA — Block CEO Jack Dorsey and his top brass descended on Accra for the inaugural Africa Bitcoin Conference in December to talk about one of the most potentially disruptive and transformative alternatives to the continent’s existing financial system: bitcoin.

Since its inception in 2008, this unfamiliar form of money has alternatively been disdained as an absurdly complex toy for libertarian techies, a legalized form of gambling, a…

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Posted by Editor

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