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There's been little progress punching through the resistance put up by the central banks. Thus the incredible levels of P2P trading (per-capita) in many countries on the continent.
This move by FTX may be under the pretense of being a "Web3" or "NFT" whatever (since who wants to block African artists from being able to sell their creations abroad?), but make no mistake -- this is about FTX leveraging the same mobile money rails that every other Fintech and "crypto" venture has resigned themselves to using.
Building an economy for creators with education and marketplaces (or whatever FTX and AZA had to agree to do) was simply the cost of doing business in order to get the OK to access the mobile money networks (of which, ... it's doubtful they really have any true guarantees).
The upside is that no matter the reason, as more and more people use and/or hold bitcoin (and yes, stablecoins, and other tokens / whatever), they will add pressure to their governments to lessen or eliminate the central bank's resistance to "cryptocurrencies". At the same time, a circular economy forms (as when you earn in bitcoin, you spend in bitcoin), disintermediating the central bank, regardless of their stance.
So, ... please just "hold your nose" on this one. It's very likely to end up becomign a net gain, more so than a net loss -- for the people, as well as for bitcoin.
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