Stafford Masie, govt chairman of Africa Bitcoin Company, mentioned bitcoin features as on a regular basis cash in elements of Africa moderately than primarily as a retailer of worth.
He advised Natalie Brunell on the Coin Tales podcast that the way in which folks discuss bitcoin relies upon closely on native situations.
‘Bitcoin is cash’ in some round economies
Masie mentioned some retailers in African round economies choose satoshis to {dollars}.
He mentioned:
“The place I come from, Bitcoin is cash.”
Masie added:
“In some round economies in Africa, [merchants] gained’t settle for {dollars} — they settle for satoshis.”
He contrasted inflation considerations in developed markets with what he described as sooner debasement in elements of Africa.
Masie mentioned:
“If you guys discuss debasement, you discuss 4% to five% yearly — we discuss 4% to five% in a day.”
From ‘damaged cash’ to a brand new monetary rail
Masie in contrast the shift to Africa’s speedy adoption of cell know-how, arguing youthful populations are bypassing legacy monetary methods.
He pointed to the continent’s demographics, saying greater than 1 / 4 of Africa’s inhabitants is beneath 20, and described youthful generations as keen adopters of latest applied sciences.
He additionally framed bitcoin as “pristine capital” that folks can construct on.
Masie mentioned:
“After the Bitcoin white paper and earlier than the Bitcoin white paper. Our lives modified, as a result of all of a sudden we had one thing that couldn’t be debased. It was immutable, decentralized, can’t be confiscated. That to an African is life or dying.”
Chainalysis knowledge factors to rising onchain exercise
Chainalysis reported that from July 2024 to June 2025, Sub-Saharan Africa acquired greater than $205 billion in onchain worth, up 52% year-on-year.
The report mentioned March 2025 quantity spiked to almost $25 billion, pushed largely by exercise in Nigeria after a forex devaluation.
It additionally discovered retail-sized transfers beneath $10,000 accounted for greater than 8% of complete worth despatched within the area, in contrast with about 6% globally.