Topic: Africa or Australia (Read 2325 times)
australia...current africa is just not crypto ready yet, they had so big important problems, that playing with ctypto is totally out of any scope..
I think, it would be Africa. Because as we know sending money to Africa is not easy, and when Bitcoin came sending money just need 1 touch on your phone 
So it will be more people using Bitcoin in Africa, so it will effect the Bitcoin success there 
So it will be more people using Bitcoin in Africa, so it will effect the Bitcoin success there 
I'd think Australia in the near term but I've read about example in Africa being used for bitcoin to be a more secure method of finances. Really, though... it's hard to put any place ahead of another or to really quantify what makes it a success. There are so many examples of the successes of bitcoin but it's also overshadowed by mt gox and a few other bad apples.
The world is changing fast. More tolerance for new ideas and alternative lifestyles so I think bitcoin has a promising future and that future could very well be understood sooner than later.
The world is changing fast. More tolerance for new ideas and alternative lifestyles so I think bitcoin has a promising future and that future could very well be understood sooner than later.
The very topic shows immense ignorance. Yes, let's compare a continent to a country. 
Africa 1.11 Billion people
Australia 23 million
Africa is planet's 2nd largest continent and the second most-populous continent, it has 54 individual countries.
You may want to re-evaluate how you pose your question.
Africa 1.11 Billion people
Australia 23 million
Africa is planet's 2nd largest continent and the second most-populous continent, it has 54 individual countries.
You may want to re-evaluate how you pose your question.
Australia 
I think Australia is better then Africa when it comes to accepting the bitcoin as a currency as it is financially stable country as compared to Africa. And the rate of Poverty is more in Africa which limits them to adopt the use of bitcoin and Australia is more technology advanced country then Africa.
I think Australia is better then Africa when it comes to accepting the bitcoin as a currency as it is financially stable country as compared to Africa. And the rate of Poverty is more in Africa which limits them to adopt the use of bitcoin and Australia is more technology advanced country then Africa.
Bankers are too strong in Australia, and they will prevent widespread BTC adoption there. Also, the Australian government is not that excited about Bitcoin.
Kinda agreed. Theres "no point" here in oz unfortunately. PayPass is every where, and online banking is very good. Its kinda good the gov's apathy. Its just really business as usual from a taxing point.
Also, remittance sector is not that big in Australia. Western Union charges are more reasonable, when compared to various countries in Africa as well. On the other hand, the remittance sector is pretty big, and growing at a rapid pace in Africa. We should look towards emerging and growing markets, rather than already over-saturated markets for Bitcoin growth.
i'll say australia will regulate it first, so for this reason it will be more popular there before africa, africa in some zone still lack hi-tech activity to introduce itself at bitcoin, poverty actually doesn't help , because you can't buy bitcoin and help the market to grow
Why would regulation imply greater success? Often regulation is instituted to slow down progress or growth, not to accelerate it. I haven't been following up with the BTC regulation news in Australia, so perhaps there's specific details i'm unable to consider.
I think bitcoin would serve Africa much better than Australia, here's why:
- Africa is a continent of 54 countries, that means there's significantly more opportunity for growth
- African Nation currencies are notorious for being inflation wild (See Zimbabwe's $100 Trillion note), which bitcoin could serve as the consistent alternative to wild inflation
- The poor do provide goods and services and need a currency that can be denominated at much lower levels
i know that africa need it more but my point is that australia will come first because they are more advanced in some of their zone, while africa are bit behind(excluding maybe egypt and tunisia and some other nord countries), sud africa are still in 1900-2000 century
they don't have the appropriate infrastructure to raise bitcoin to a certain level in their area
i'll say australia will regulate it first, so for this reason it will be more popular there before africa, africa in some zone still lack hi-tech activity to introduce itself at bitcoin, poverty actually doesn't help , because you can't buy bitcoin and help the market to grow
Why would regulation imply greater success? Often regulation is instituted to slow down progress or growth, not to accelerate it. I haven't been following up with the BTC regulation news in Australia, so perhaps there's specific details i'm unable to consider.
I think bitcoin would serve Africa much better than Australia, here's why:
- Africa is a continent of 54 countries, that means there's significantly more opportunity for growth
- African Nation currencies are notorious for being inflation wild (See Zimbabwe's $100 Trillion note), which bitcoin could serve as the consistent alternative to wild inflation
- The poor do provide goods and services and need a currency that can be denominated at much lower levels
Who do you think will have the biggest chance of Bitcoin success? Africa or Australia?
With Ripple Labs building an office in Australia's Capital City - Sydney and Africa becoming a haven for Bitcoin start-ups
Who do you think will attain a bigger success in the bitcoin industry?
Reference reading:
http://bitforum.info/t/sydney-will-be-a-new-home-for-ripple-labs/831
http://bitforum.info/t/africa-a-breeding-nest-of-bitcoin-industry/823
For me, Australia is economically stable compared to, Africa needs bitcoin services even more because of the fact that some areas in the continent is struck with poverty. That is maybe the best reason why Bitcoin will flourish more in Africa.
Who cares if Ripple Labs builds an office in Australia. Bitcoin will still be more used in Australia than Ripple. No one cares about offices anymore, thats the whole point of Bitcoin, decentralization. With Ripple Labs building an office in Australia's Capital City - Sydney and Africa becoming a haven for Bitcoin start-ups
Who do you think will attain a bigger success in the bitcoin industry?
Reference reading:
http://bitforum.info/t/sydney-will-be-a-new-home-for-ripple-labs/831
http://bitforum.info/t/africa-a-breeding-nest-of-bitcoin-industry/823
For me, Australia is economically stable compared to, Africa needs bitcoin services even more because of the fact that some areas in the continent is struck with poverty. That is maybe the best reason why Bitcoin will flourish more in Africa.
Africa is a rather large and vast location. There are significant differences between the various nations of that continent.
It's similar in Australia. There must be places in the outback without any electricity or mobile phone masts for a thousand miles. The only way you could power a computer out there would be to generate your own electricity, and you would have to hook up to the internet through a satellite connection. Only notes and coins would be useful in environments like that.
Africa is a rather large and vast location. There are significant differences between the various nations of that continent.
I would prefer to go with Africa as the banking systems of Africa are not so good as compared to Australia and there are many people of Africa who doesn't have a bank account so bitcoin will attract them more and the adoption and acceptance level of bitcoin would be more in Africa.
In one hand I guess australia,it had a strong infrastrcuture specially on technology more than how is it on africa in the seconde africa have brains so its defficult to determine which one will be best than the other .
You should ask, who needs it the most. I am not a betting kind of person, but I would bet on Africa.
Australia are spoiled with huge internet infrastructure and fast networks, so it might be more successfull, if they went for it. The problem with them is regulation and strict laws.
Africa have their own limitations, but it will grow like crazy, if a cheap vehicle can be found to drive it. {A example being the Bitcoin on a Sim card that was developed}
I also hope, Africa would be the target for Bitcoin development... It will surely help, when I go for work there.
I am not a betting kind of person, but I would bet on Africa. Australia are spoiled with huge internet infrastructure and fast networks, so it might be more successfull, if they went for it. The problem with them is regulation and strict laws.
Africa have their own limitations, but it will grow like crazy, if a cheap vehicle can be found to drive it. {A example being the Bitcoin on a Sim card that was developed}
I also hope, Africa would be the target for Bitcoin development... It will surely help, when I go for work there.
Bankers are too strong in Australia, and they will prevent widespread BTC adoption there. Also, the Australian government is not that excited about Bitcoin.
Kinda agreed. Theres "no point" here in oz unfortunately. PayPass is every where, and online banking is very good. Its kinda good the gov's apathy. Its just really business as usual from a taxing point.
Sydney is not capital city 
Beaten
Australia is a very large "producer" to the world economy. If bitcoin can grow big enough it could help Australia in many ways.
Africa for Sure.
As there are many people without the bank accounts though the rate of internet connection is high in Africa as compared to Australia so bitcoin will attract them more and Government would also start accepting bitcoin in Africa and as people who don't have bank acs will get attracted to bitcoin very easily.
As there are many people without the bank accounts though the rate of internet connection is high in Africa as compared to Australia so bitcoin will attract them more and Government would also start accepting bitcoin in Africa and as people who don't have bank acs will get attracted to bitcoin very easily.
Neither of these.
America, as soon as we get a few more entrants from the Wall Street. For now we have 1 fund but I still wait for the twins.
America, as soon as we get a few more entrants from the Wall Street. For now we have 1 fund but I still wait for the twins.
I vote for australia
i think it will be successful there
i think it will be successful there
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