Jack Dorsey, the founder of Twitter and the Bitcoin trading Square Cash app, is no quiet proponent of the world’s first cryptocurrency. In fact, the man has made his bullish stance on the project quite known over the past few years, even offering to pay employees in the asset to make his application the “face of Bitcoin.”
However, in some surprising news on Twitter, the man came out and said that Africa of all places looks to be the future of Bitcoin.
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. 🌍 pic.twitter.com/9VqgbhCXWd
— jack 🌍🌏🌎 (@jack) November 27, 2019
This could mean many things, like the space being a fantastic way to test the “banking the unbanked” capabilities of the world’s first cryptocurrency. After all, many in Africa don’t have access to such things as banks or areas to securely store their currency. Bitcoin could be a great space for that.
The other interesting part of said tweet is the fact that Dorsey said he would be living in Africa for some time next year. Does this mean he’s expanding an office into the country? Building some sort of Bitcoin-focused infrastructure? That would be interesting, considering the fact that Bitcoin is a decentralized asset that’s technically available everywhere in the world already. We’ll have to see next year.
Then, there’s the question of what he was doing there recently that has him so excited about next year’s potential. This knowledge should be made public in due time.