Founder of a media company aimed at Africa asks the governments of the continent to accept crypto - defi
Founder of a media company aimed at Africa asks the governments of the continent to accept crypto - defi
The founder of the media and investment company Footprint to Africa, Osita Oparaugo, which is geared towards Africa, asked the governments of the continent to assume cryptocurrencies.
africa must not be left behind
OSITA OPARAUGO, founder of Footprint to Africa, argued that a timely takeover of cryptocurrencies by African governments for the growth prospects of the continent would be an advantage. In his published by the vanguard, oparaugo, the co-organizer of an event For decentralized finances (Defi) in Nigeria, suggested that African countries cannot afford to remain in relation to crypto.
After noticing the effects of cryptocurrencies and blockchain on global finance, OPARAUGO explained why African governments had to go on board quickly. He said:
cryptocurrency and digital money will unite the world and the earlier African governments assume, the better for the growth of the continent. Africa cannot afford to catch up with blockchain technology; It is the future.
In order to support his prediction about the future of financial system, OPARAUGO used the recent announcement by Twitter that it will enable users to tip each other in Bitcoin. The founder of Footprint to Africa also referred to statements by the US billionaire Mark Cuban in the past. In these comments, Cuban expressed his conviction that Defi would be a challenge for traditional banks.
Despite the support and requests of crypto supporting people such as Oparaugo, African governments continue to avoid cryptocurrencies. Instead, the few countries that have introduced blockchain have decided to create digital currencies of the central banks.
Do you agree to OPARAUGOS for the future of financial system? Tell us your opinion in the comment area below.
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