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Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs (web.archive.org)

submitted 1 year ago by tardigrada@beehaw.org to c/news@beehaw.org

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Chris Maurice, founder and CEO of Yellow Card, Africa’s largest cryptocurrency exchange, says crypto in Africa “is growing at the speed of light” because it allows many Africans to escape from the traditional financial system’s failures and transact more freely.

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[–] Supercell@lemm.ee 14 points 1 year ago (1 children)

Of course a CEO of a crypto exchange would say that. If you are going to write an article, maybe ask someone less partial next time. Saying crypto helps people escape failures of a traditional financial system is the equivalent of jumping out of the frying pan into the fire.

[–] LinkOpensChest_wav@beehaw.org 5 points 1 year ago

Not only that, but the whole site is of questionable caliber

Moreover, this isn't news