Bitcoin Education Comes to Ghana
West Africa seems to be one of the most rapidly expanding economies in the world with all of the major economic powers, such as the United States, Russian and China, investing heavily in the region.
But on the ground conditions are much different with a huge income disparity between the people and the financial interests, making countries like Ghana fertile ground for Bitcoin expansion and Bitcoin education.
One organization that wants to improve the situation is the Dream Bitcoin Foundation, a non-profit organization created by a young Ghanaian Bitcoin enthusiast, Philip Asare, to empower young crypto entrepreneurs in Ghana. The Foundation will be hosting Ghanas first ever Bitcoin Seminar on Thursday, December 11, 2014 in the Ghanaian city of Kumasi.
Ghana, on the surface, appears to be a shining example of prosperity but the fact is inflation has been rampant in the small country during the last two years. Food prices are climbing rapidly while wages have flat-lined, leaving most of the population in severe economic distress. Blame has been put mainly on government corruption and its inability to manage the nation’s natural resources.
This post was published at Coin Telegraph on 2014-12-10.