The future of Bitcoin will be determined by Africa- Jack Dorsey
Jack Dorsey upon completion of his tour in Africa concluded that the future of Bitcoin is largely in the hand of Africans.
The tweeter and square CEO , Jack Dorsey in his tweet on the 27th November stated that he would definitely return to Africa in 2020 after spending time in Nigeria and Ghana this month .
According to Jack Dorsey, Africa will define the future of cryptocurrency especially that of Bitcoin. In his statement, he also disclosed his plan to spend up to 6 months in Africa during his next visit to Africa next year.
Jack Dorsey in his address in a bitcoin meetup he attended in Nigeria , pledged to integrate Bitcoin functionality into the both tweeter and square. He also approved the lightening network as payment solution. This lightning network allows Bitcoin users to send funds instantly.
Africa continues to generate significant interest in Bitcoin as Nigeria regularly features among the most active countries in terms of Bitcoin Google searches. Nigeria is yet to adopt a formal regulation of cryptocurrency.
Lagos, Nigeria is predicted to become a giant metropolis of over 32 million people as soon as 2050 and the cryptocurrency market is already booming in this city. Data from the World Economic Forum, revealed that it will be the most populous city in the world by 2100.