04-18-2021, 07:43 PM
Crypto in Africa could finally bridge the gap, because our governments can't corrupt
<!-- SC_OFF --><div class="md"><p>So I got into crypto late last year, after seeing it on Reddit. I'm from South Africa, where funnily Elon Musk is also from. But he is very different from the average South African. Minimum wage here is R20 an hour, which is just over a dollar. Most people I know only survive because of grants. </p> <p>But with the small crypto I've bought every month, I'm already over that minimum wage. South Africa is like two countries there is such a wealth gap, and the government which was supposed to fix it hasn't. I mean imagine if Zimbabweans had been able to use crypto to protect what they had before their currency evaporated?</p> <p>But my government can't stop crypto and they can't control it or mess around with it (big problems with corruption here). So I think that even if we invest at low income levels, this can be the boost we need to be able to live a decent life. At least I hope. Crypto has given me some hope, since there was no hope in my countries government. Little gains here, a dollar there, really add up here and have helped me by my family food during this pandemic.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DUDETUDE101"> /u/DUDETUDE101 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mtf1zq/crypto_in_africa_could_finally_bridge_the_gap/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mtf1zq/crypto_in_africa_could_finally_bridge_the_gap/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>So I got into crypto late last year, after seeing it on Reddit. I'm from South Africa, where funnily Elon Musk is also from. But he is very different from the average South African. Minimum wage here is R20 an hour, which is just over a dollar. Most people I know only survive because of grants. </p> <p>But with the small crypto I've bought every month, I'm already over that minimum wage. South Africa is like two countries there is such a wealth gap, and the government which was supposed to fix it hasn't. I mean imagine if Zimbabweans had been able to use crypto to protect what they had before their currency evaporated?</p> <p>But my government can't stop crypto and they can't control it or mess around with it (big problems with corruption here). So I think that even if we invest at low income levels, this can be the boost we need to be able to live a decent life. At least I hope. Crypto has given me some hope, since there was no hope in my countries government. Little gains here, a dollar there, really add up here and have helped me by my family food during this pandemic.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DUDETUDE101"> /u/DUDETUDE101 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mtf1zq/crypto_in_africa_could_finally_bridge_the_gap/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mtf1zq/crypto_in_africa_could_finally_bridge_the_gap/">[comments]</a></span>Kind Regards R