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A comment on Bitcoin Is a Hideous Monstrosity Made Out of Computers and Greed. Parent comment
30 or 34 m users out of 206m isn't the whole market, not close.
> Most of the usage is for cross-border transactions
And why mostly "cross-border transactions" ? Could it be that NIBSS has the domestic market:
https://nairametrics.com/2017/09/26/why-the-m-pesa-miracle-h...
https://nibss-plc.com.ng/
https://www.crunchbase.com/organization/nigeria-inter-bank-s...
So, the huge Nigerian domestic market has a SEPA-like product for domestic transfers. It's not a bitcoin thing.
Do you think that this success (and the success of EU SEPA) won't be noticed in Africa?
https://www.un.org/africarenewal/magazine/november-2021/new-...
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30 or 34 m users out of 206m isn't the whole market, not close.
> Most of the usage is for cross-border transactions
And why mostly "cross-border transactions" ? Could it be that NIBSS has the domestic market:
https://nairametrics.com/2017/09/26/why-the-m-pesa-miracle-h...
https://nibss-plc.com.ng/
https://www.crunchbase.com/organization/nigeria-inter-bank-s...
So, the huge Nigerian domestic market has a SEPA-like product for domestic transfers. It's not a bitcoin thing.
Do you think that this success (and the success of EU SEPA) won't be noticed in Africa?
https://www.un.org/africarenewal/magazine/november-2021/new-...