Jack Dorsey: Africa will determine the future of Bitcoin

The CEO of Twitter and cryptocurrency enthusiast Jack Dorsey believes that Africa will determine the future of the cryptocurrency industry.

According to Dorsey, despite the development and adoption of cryptocurrencies in Europe and America, it is Africa that will become the head of the industry. After his tour of Nigeria and Ghana, Dorsey said that the African continent is developing rapidly, but is still very poor and this will be one of the main reasons for the adoption of Bitcoin and other cryptocurrencies. 

"Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!). Not sure where yet, but I'll be living here for 3-6 months mid 2020. Grateful I was able to experience a small part," 

said Dorsey.

He also encouraged people to invest in the first cryptocurrency and come up with new ways to use digital assets. Next year, Dorsey plans to visit almost all countries of the continent to promote Bitcoin. In total, he will spend in Africa about six months.

Recall that in early September, Dorsey said that Bitcoin will continue to spread, but it is too early to call it currency.