That Bitcoin spike you noticed on Sunday, reaching $87,248.71? Don't just see numbers. See potential. See Africa. Wall Street goes wild over ETF inflows—step forward BlackRock’s IBIT with its paltry $45.5 million—pocket change! At the same time, a more exciting, transformative story is taking place on the African continent. It’s not only price charts that we need to be concerned about, but rather power, inclusion and changing the financial story completely.
Is Bitcoin Really Africa's Future
Let’s face it, the popular narrative about Bitcoin could not get more Western-centric. We listen to institutional investors, tech bros and the next flavor of the get-rich-quick club. And then there’s the actual use cases. Join us in a conversation about who’s really winning with this technology outside the borders of Silicon Valley and Wall Street. What about the Kenyan farmer using Bitcoin to receive payments directly from overseas buyers, bypassing predatory remittance services that eat into their already thin margins? Take the example of the Nigerian entrepreneur. It allows her to finance her small business through crypto loans, liberating herself from the exorbitant interest rates and red tape of conventional banking.
These are the stories that matter. The voices that have been forgotten are going to be a big one that finally get a platform. Through Bitcoin and other cryptocurrencies, they’re discovering avenues to economic empowerment. The Sunday surge wasn’t really just about Bitcoin, it was about the infrastructure that produced this perfect storm to allow these stories to shine. It's about the validation of the African fintech ecosystem, the developers building innovative solutions tailored to local needs, the entrepreneurs who are betting on a future where financial inclusion isn't a pipe dream, but a reality.
We’re talking about a continent where an estimated 66 percent of the population are unbanked. These people are still cut off from the mainstream financial system. They have no way to borrow, no safe way to save, no way to engage with the global economy. Bitcoin is uniquely equipped to be that answer. It frees people to avoid crumbling infrastructure and invest in their future.
Volatility A Feature, Not A Bug
Naturally, the naysayers will cite volatility. "It's too risky!" they'll cry. And yes, that crypto market – ooh baby, what a ride. But let's put that "risk" into perspective. Is it riskier than putting your hope in corrupt governments and volatile currencies? Is it more dangerous than being cut off from the world of traditional finance altogether just for living outside a major urban center?
At least for most of Africans, that answer is a hell no. Volatility is a feature, not a bug. It's the price of admission to a system that is more transparent, more accessible, and more empowering than anything they've ever known.
Let’s be real, if analysts are already suggesting Bitcoin could target $88,000 if it breaks $86,000 resistance, then it means that the volatility is not stopping big institutions from investing.
Time To Listen To African Innovators
This leads me to the urgency of this moment. Africa stands on the threshold of an economic leapfrog arc—one fiscal revolution that crypto is helping to drive forward. This revolution will not be televised – or at least, not with the lens through which the corporate-controlled mainstream media usually covers it. We need to actively seek out and amplify the voices of African innovators, the developers, entrepreneurs, and community leaders who are building this future from the ground up.
We need to invest in African crypto startups, support the development of local infrastructure, and advocate for sensible regulations that foster innovation without stifling growth. That requires breaking through the condescending narratives that portray Africa as a passive, blank canvas for Western innovation. Africa isn’t just adopting crypto, the continent is repurposing it and re-imagining its possibilities. Indeed, the continent is actively building an entirely new ecosystem that is more inclusive, resilient, and better suited to the needs of its people.
For instance, was the Oregon Attorney General already moving forward with litigation against Coinbase. At the same time, whale accumulation has recently been exacerbating supply shortages in developed nations. The tale that has the true power to change the international financial order as we know it is being written in Africa. Are you listening? Because this revolution is just getting started. Together, let’s make sure that Africa’s voice is front and centre in the global crypto conversation. The continent has not only joined this movement; it is at the forefront of creating a more inclusive financial landscape.
