Africa will lead in Bitcoin adoption, says expert

A global Bitcoin adoption technology company, Fedi, has said that Africa will take the lead in Bitcoin adoption.

The Chief Executive Officer, Fedi, Obi Nwosu, said this during the sponsorship and participation announcement of the maiden edition of Africa Bitcoin conference, which would hold in Accra, Ghana in December.

He said, “I’m extremely excited to be attending and speaking at the Africa Bitcoin Conference 2022.

“I have long believed that Africa and the global south will be a leader when it comes to adoption of Bitcoin, one of the most disruptive and impactful technologies of our time. Fedi will be doing its part to ensure that ABC22 will be one of the most exciting, informative, and fun Bitcoin conferences of 2022.”

According to a statement, Africa Bitcoin Conference is expected to bring together over 800 crypto enthusiasts and 100 companies within the Bitcoin ecosystem.

The statement said that billions of people were unable to hold Bitcoin on or off exchanges. It added that Fedi’s main product, the Fedi mobile app, powered by Fedimint, was designed to support billions of humans using Bitcoin easily, securely, privately, and collaboratively.