Profile picture
Michael Kimani @pesa_africa
, 6 tweets, 1 min read Read on Twitter
Based on all my combined experience, pesa patterns ive observed and my current deep dive into airtime currency and africa, im 💯 convinced cryptocurrencies will take off in Africa and its only a matter of time

Example thread
Factors that will spur adoption

Failure of government issued currencies

Failure of current fiat currency systems

Gaps in fiat infrastructure for cross border economic activity

P2p markets (informal or otherwise)
I think the current crop of money regulators and financial inclusion "experts" are completely blind to the ability of Africans to make rational decisions in an environment of high failure like the failure of govt issued money
I think they also vastly underestimate how Africans have evolved with introduction of mobile phone, mobile airtime and digital financial services
I also think the current crop of young Africans, who've grown up with mobile phones, mobile internet, mobile airtime currency and in a vastly informal sector will surprise all of us

Cant wait!
This is not a joke.

Consider this a forecast
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Michael Kimani
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!