“Africa will define the future (especially the bitcoin one!),” he commented, revealing he planned to spend up to six months on the continent next year.
Jack pledged to integrate Bitcoin functionality into both Twitter and Square and he has also publicly endorsed the Lightning Network as a payment solution, something which allows Bitcoin users to send funds instantly.
Africa continues to generate significant interest in Bitcoin as Nigeria regularly features among the most active countries in terms of Bitcoin Google searches. Nigeria is yet to adopt a formal regulation of cryptocurrency.
Lagos, Nigeria is predicted to become a giant metropolis of over 32 million people as soon as 2050 and the cryptocurrency market is already booming in this city. Data from the World Economic Forum, revealed that it will be the most populous city in the world by 2100.