It is evident for everyone to see Africa will be a breeding ground for bitcoin activity moving forward. Now that the Sharada Clinic in Botswana is started to accept bitcoin payments, things can only get better from here on out. Africa suffers from major financial turmoil and limited access to financial services It is the perfect place for cryptocurrencies such as bitcoin to gain traction.
An Interesting Decision By Sharada Clinic
For many cryptocurrency enthusiasts, it was only a matter of time until bitcoin started gaining more traction in Africa. Up until this point, spending cryptocurrency has been a bit of a struggle. However, that situation has come to change, thanks to the Sharada Clinic taking bitcoin payments for patient treatments. It is only a small step in the right direction, yet it shows there is a lot of potential for bitcoin in the African region.
The Sharada Clinic is located in Botswana, one of the many African countries where Bitcoin can make a positive impact. Paying for healthcare in these parts of the world can often be a struggle. Bitcoin can make a big impact in this regard, as it is possible to send the money electronically to anyone in the world in exchange for a small fee. For patients of this particular clinic in Botswana, it is now a lifeline to getting the care they need.
One may wonder why such a clinic would even accept bitcoin payments. Especially when considering it is not a legal – nor illegal – payment method in Botswana. The clinic specializes in embracing new technologies whenever possible, and Bitcoin makes a lot of sense in this regard. It is good to see a clinic focus on new payment solutions as well, especially one that can be embraced by patients of all ages.
The volatility of bitcoin can be seen as a potential drawback, though. Then again, the clinic does not seem too bothered by this fact right now, as the technology is slowly starting to mature. The bigger question is whether or not other clinics in Africa will follow the example set by Sharada Clinic. There is a huge future ahead of bitcoin and other cryptocurrencies in the medical sector, by the look of things.
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