HOME CATEGORIES WRITE AND EARN 🔍
CATEGORIES WRITE AND EARN MORE

CRYPTO NEWS

Your favorite crypto news blog

Twitter CEO Sees Big Future for Bitcoin in Africa

Bitcoin 2019/11/28 15:21 by Ali Raza
jack dorsey twitter CEO

Twitter CEO, Jack Dorsey, recently published a tweet in which he announces his move to Africa, as he believes that the continent will ‘define the future.’


Africa has always been a fascinating continent to a lot of people, and according to one recent tweet, Twitter’s CEO Jack Dorsey feels the same. However, while many people want to go there to experience different cultures, climate, and observe the wildlife — Dorsey believes that going there will allow him to see the future unfold.

Twitter CEO plans to return to Africa

According to his tweet, Dorsey appears to be sad for leaving the continent, but he also sees great potential for the future in Africa. He especially points out that the future of Bitcoin might have great potential in African countries. The continent’s crypto industry is growing rapidly, as even the unbanked and underbanked areas still have access to the internet, and therefore — cryptocurrency.

The tweet also indicates that he plans to return, and spend 3-6 months in Africa, likely in the mid-2020. He has yet to fully arrange his plans, as he admits to not knowing where he will be during this period. However, Dorsey definitely seems to be making plans for a quick return within a few months.

Dorsey’s new fascination with Africa comes after a brief tour, which he announced back in October. The tour included several countries, including Ghana, Nigeria, South Africa, and Ethiopia. During his stay, Dorsey met with various entrepreneurs from these countries, allegedly discussing plans for the improvement of living conditions in the southern continent.

Africa is the future

Dorsey is also known for traveling around the world and engaging with interesting local customs in countries he visits.

While he apparently continued to practice some of these customs even after leaving the countries where he learned them, his visit to Africa seems to have been defined by talks with tech representatives of the continent.

As reported, Dorsey sees a lot of potential in Africa, which is often ignored by major tech firms due to the lack of Western-like infrastructure. However, Twitter CEO is known for being a visionary, and if he believes that Africa has great potential for the future, others might follow his lead before long.

What do you think about Dorsey’s plan to return to Africa? Let us know in the comment section below.


Image via Shutterstock,  Twitter @jack

The post Twitter CEO Sees Big Future for Bitcoin in Africa appeared first on Bitcoinist.com.

0 Like(s)



You should also read...

Other 23/11/19 12:02 by Ali Raza
Binance to Sue The Block for Damaging the Exchange’s Reputation
Binance CEO, Changpeng Zhao, stated on Twitter that the exchange would sue The Block for false news reporting pertaining to a Chinese ‘police raid’ on the exchange’s Shangai office. ...
Read More
Bitcoin 30/11/19 22:00 by JP Buntinx
Jack Dorsey Expects Big Things for Bitcoin in Africa
Twitter CEO Jack Dorsey continues to generate some peculiar headlines. He is planning to move to Africa, primarily because he expects the region to go through a major Bitcoin boom.  It is not uncomm...
Read More
Bitcoin 11/09/20 18:01 by Brenda Ngari
Twitter CEO Jack Dorsey Thinks Bitcoin Remains The Best-Positioned To Serve As The Internet’s Native Currency
Bitcoin has been around for only eleven years and within that short period, it has received recognition from both fans and critics. In fact, the crypto has registered notable accomplishments, leaving...
Read More
Bitcoin 14/01/21 19:38 by Nick James
Twitter Boss Backs Company’s Move To Lock Out Trump But Compares Internet Freedom To That Of Bitcoin
Social media giant, Twitter, has been the topic on online streets over the past few days. This is after the company’s management made a decision to ban US President Donald Trump from its platform. ...
Read More
Bitcoin 05/02/21 21:00 by Tony Spilotro
Running Bitcoin: Passing The Torch From Hal Finney To Jack Dorsey
Last night, Twitter CEO Jack Dorsey tweeted the phrase “running Bitcoin,” as both a nod to computer scientist Hal Finney and to reveal to the world he is running a full node. Here’s ...
Read More