With sophisticated fraud schemes seemingly overwhelming the African crypto market, there is a growing need for players in the space to help fight this scourge. Some are responding through increased educational campaigns, which they hope will not only turn the tide against scammers but will also attract masses to cryptocurrencies.
News.Bitcoin.com has reported in the past how one Nigerian fintech entity chose a popular reality television show to market bitcoin. Using the popular television show may have helped to bring the crypto into the limelight. However, more still needs to be done if ordinary people are to become fully knowledgeable about digital currencies.
In this report, we zero in on one influencer who has chosen a different path to crypto education–a book that explains digital currencies in simple terms. Nathaniel Luz is the author of the book titled: “Digital is the Cash” and is the leader for Dash in Nigeria since 2017.
Using a Book to Raise Awareness
An award-winning libertarian, Luz says he decided to write the book after observing the yawning knowledge gap that still exists in the crypto space. According to him, current African crypto literature seems too focused on equipping readers with trading basics and tactics.
Not enough is being done to educate people about the very basics of digital currencies and why they are needed digital currencies in the first place. The limited knowledge gained from such learning material is not enough to hasten adoption cryptocurrencies. According to Luz, these are some of the factors that prompted him to think about writing the book.
Published in 2019, the book seeks to help Africans as well as non-Africans readers to understand the Dash cryptocurrency without burdening them with unfamiliar terms. Since publishing, the book has been distributed to regulators, universities, and many more mainstream institutions in Nigeria.
Commenting on the feedback he is getting, Luz expressed satisfaction with…