Afghans run to Cryptocurrency amidst Financial Uncertainty

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Africa’s crypto market has grown by $105.6 billion in the last year

Afghans are leaving nothing to chance following the recent political and security upheaval since the exit of the U.S Special Forces.

The use of cryptocurrency has surged as citizens run into alternative currency to protect themselves from the financial crisis that has hit the country. There is currently a nationwide cash shortage and the prices of goods have spiked sporadically.

More Afghans see Crypto as a safe bet against the uncertainty that has taken sway, and a viable access o an international economy. The situation in Afghanistan has been described as going from bad to worse as banks run out of cash and shut down leaving early signs of a possible famine.

Many see crypto as the safest place to keep cash despite its volatility.