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Cointelegraph by Nate Kostar

Africa Bitcoin chair Stafford Masie says satoshis increasingly used as money in parts of Africa

On Tuesday, Africa Bitcoin Corporation executive chairman Stafford Masie told the Coin Stories podcast that in some African circular economies, locals treat Bitcoin as everyday money and prefer satoshis over U.S. dollars amid rapid currency debasement. He contrasted 4%–5% annual inflation in Western markets with similar levels occurring within an afternoon in parts of Africa and likened the shift to the continent's leap from legacy systems to mobile technology and digital assets.
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