Auto Added by WPeMatico

Some African Crypto Users See Bitcoin as an Alternative Source of Retirement Income

Bitcoin use cases in African countries continue to expand with the latest one being its use as an alternative source of retirement income. On a continent plagued by high inflation and unstable currencies, bitcoin, which is decentralized and censorship-resistant, is seen “as a safer source to contribute to for retirement.” According to a local report, this shift towards bitcoin is more profound in countries like South Africa where traditional pension funds “have historically had issues of fraud and instability.” The report, which relied on an analysis by a crypto startup, Yellow Card, explained: This has been especially noted in countries…

Continue Reading Some African Crypto Users See Bitcoin as an Alternative Source of Retirement Income

End of content

No more pages to load