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0 sats \ 1 reply \ @Diego 9 Jun \ on: Bitcoin and Rice: Building a Sats-Based Business in Malawi ๐ฒ๐ผ econ
Thanks for sharing this. Would Bitcoin allow you to do trade easier with neighbouring countries in Africa?
Yes, I believe Bitcoin has the potential to make trade with neighboring countries in Africa much easier. Traditional cross-border payments are often slow, expensive, and require access to banks or forex, which many people in rural areas donโt have.
But with Bitcoin:
You can send and receive money instantly, 24/7, without needing a bank.
Transaction fees are low, especially using the Lightning Network.
No currency conversions or inflation risks between unstable local currencies.
If more people and merchants in Malawi, Zambia, Mozambique, or Tanzania started accepting Bitcoin, it could really open up new trade opportunities โ especially for small traders like me.
What do you think? Have you seen any cross-border Bitcoin trade happening around you?
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