© Reuters. The Silent Bitcoin Revolution of Africa: DeMarco’s New Video
- Mac DeMarco released a new video “The Silent Revolution of Africa”.
- The video intends to show the potential of bitcoin to support Africa from its financial inconveniences.
- He talked about the way in which children in underdeveloped areas of South Africa are taught about the significance of bitcoin.
The Canadian singer, composer, multi-instrumentalist, and producer Mac DeMarco released a new video “The Silent Bitcoin Revolution of Africa” on his YouTube channel. In the video, he intends to bring the attention of the audience to South Africa’s financial repression as well as the potential of bitcoin, which will help them recover from their difficult condition.
Notably, DeMarco began his video by marking the struggles of the country, explaining:
Africa has one of the most fragmented banking payment and currency systems in the whole world. This makes the simple financial task like the payment of a bill, sending money or accepting money extremely hard.
In addition, DeMarco states that more than half of South Africa doesn’t have access to bank accounts. This difficulty led the people to keep everything in cash, creating the possibility of being stolen often. In addition, transactions are …
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