Africa interest in Crypto (altcoins) still tiny compared with other parts of the globe in other hand Bitcoin (the main and most valuable asset on decentralized world) have been increasing, where enthusiasts around the continent Hodl and trade in peer-to-peer exchanges register huge volume transactions surpassing even Latin America. Both, Africa and Latin America are maximalists on Bitcoin they have interest only in trade, buy and sell of the of BTC, no space to add other asset on their basket!
That Bitcoin maximalism in Africa is somehow a huge problem to adoption of cryptocurrency on the continent and the misunderstanding between Bitcoin and other coins (altcoins) on the crypto space is responsible to confusion where people thinks that BTC is the same as cryptocurrency.
That is a problem caused by lack of literacy in crypto assets and also the use of BTC as a investment tool in most Africans countries block the interest in other coins.
The demand for Bitcoin to be used as tool to invest in business schemes promissing huge sums in *ROI opens a window to Africans to get scammed.
I assume the maximalism on Bitcoin as good sign to adopt decentralized assets in the continent but, the crescent demand clearly open a big gab in knowledge about Crypto field, assets, and I know that anyone agree with me that doesn't make sense only to know Bitcoin in detriment of other altcoins, literacy is needed to massive growth of the field on the continents.
To reduce that problem of Bitcoin maximalism there are steps to be taken to make Africans also get more knowledge about altcoins not just BTC and with that assure that all is set for Africa to become a crypto heaven.
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***find also the article in the Uptrennd platform from my authorship
