Africa Bitcoin Conference to be hosted in Ghana

Africa Bitcoin Conference to be hosted in Ghana

This year’s Africa Bitcoin Conference, the largest gathering of the continent’s bitcoin community, will take place in Accra, Ghana, from December 5–7.

The program will bring together decision-makers, businesspeople, and captains of industry. Jack Dorsey, the co-founder of Twitter, will serve as the keynote speaker.

At a press conference in Accra, Mr. Alfred Adjabeng, liaison of the Africa Bitcoin Conference, stated that the goal was to raise awareness about and encourage the adoption of bitcoin in Africa by enacting bitcoin-friendly legislation and regulatory frameworks.

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When the right safety and regulatory safeguards are in place, he claimed, “people will no longer be terrified of bitcoin, and will embrace its capacity to enable the transfer, storage, and protection of value.”

Due to a lack of regulation, a lack of trust, and the outright rejection of digital currencies by powerful regulatory agencies, Mr. Adjabeng claimed that Africa was trailing behind in the adoption of bitcoin.

Concern over the volatility of the bitcoin price, he added, is another barrier. He urged startups using bitcoin on the continent to work hard to hold educational workshops to make sure people understood the technology.

The first Africa Bitcoin Conference was organized to expand understanding of the qualities of the bitcoin concept, according to Mr. Prince Akpah, the conference’s officer for communication and guest relations.