that news is partially true, not all countries are adopting bitcoin but some of the African countries are taking consideration using as a currency, but it is not sure that they are using it as a primary currency.
but hopefully, in future, every country will approve it as the main currency.
Topic: African country adopts Bitcoin as primary currency (Read 3751 times)
How are they gonna use BTC when they do not have internet, a tv nor smartphone.. 
Maybe the government is planning to issue all citizens with Android smartphones and give them all free internet connections...and maybe it is time to migrate into this country so we can all enjoy all the benefits many of their people would enjoy soon.
It can really be funny when some government who are known to be sucking their own people and wasting all of the resources available can think of riding the crypto revolution.
Bitcoin fees are too high and confirmation time too long for most people in any African country. The short answer is they might accept is as a method of payment like Japan did, or banks may opt to use it as a background service, but its a long way off from being accepted as a primary currency
We are all basically in the same conditions
And while I agree in general that Bitcoin fees may be way too high for the majority of African population, the confirmation times are essentially the same for everyone across the globe (provided the fees are the same, of course), so it is certainly not about just for "people in any African country". In other words, it is for other countries too. On the other hand, Bitcoin is not the only pebble on the beach, anyway. There are cheaper coins with faster confirmation times and lower fees, for example, Litecoin (which has been on the rise recently)
I was thinking about it recently. If most people, not only African people, but people in the world in general, are only starting to realize the advantages of Bitcoin compared to fiat, how long will it take to realize the advantages of any other crypto compared to Bitcoin?
You are certainly not alone
I'm not just thinking about that, I'm in fact using Litecoin specifically as a transfer vehicle for Bitcoin. Litecoin's transactions are fast enough (though they could be faster, of course, since I still have to wait for 6 confirmations) and the fees are really low, at least, low enough not to think of them when making transfers for as little as a few dozen dollars (which is certainly not the case with Bitcoin where you would have to pay a few %% from the total amount transacted)
Bitcoin fees are too high and confirmation time too long for most people in any African country. The short answer is they might accept is as a method of payment like Japan did, or banks may opt to use it as a background service, but its a long way off from being accepted as a primary currency
We are all basically in the same conditions
And while I agree in general that Bitcoin fees may be way too high for the majority of African population, the confirmation times are essentially the same for everyone across the globe (provided the fees are the same, of course), so it is certainly not about just for "people in any African country". In other words, it is for other countries too. On the other hand, Bitcoin is not the only pebble on the beach, anyway. There are cheaper coins with faster confirmation times and lower fees, for example, Litecoin (which has been on the rise recently)
I was thinking about it recently. If most people, not only African people, but people in the world in general, are only starting to realize the advantages of Bitcoin compared to fiat, how long will it take to realize the advantages of any other crypto compared to Bitcoin?
I think most people rather will come to terms with that 300-400 satoshis/byte fee and will stick to Bitcoin in the foreseeable future.
It would have to be a richer african country. Btc fee of a dollar is what most people make in 2 days work. No way they would want btc as their currency. It is so useless for them and costs way to much. Way better off with another coin with low fees.
Bitcoin fees are too high and confirmation time too long for most people in any African country. The short answer is they might accept is as a method of payment like Japan did, or banks may opt to use it as a background service, but its a long way off from being accepted as a primary currency
We are all basically in the same conditions
And while I agree in general that Bitcoin fees may be way too high for the majority of African population, the confirmation times are essentially the same for everyone across the globe (provided the fees are the same, of course), so it is certainly not about just for "people in any African country". In other words, it is for other countries too. On the other hand, Bitcoin is not the only pebble on the beach, anyway. There are cheaper coins with faster confirmation times and lower fees, for example, Litecoin (which has been on the rise recently)
Bitcoin fees are too high and confirmation time too long for most people in any African country. The short answer is they might accept is as a method of payment like Japan did, or banks may opt to use it as a background service, but its a long way off from being accepted as a primary currency.
Really? African country adopts Bitcoin as primary currency? I don't judge African people but most of them are very poor and not computer literate or whatsoever. But if it's true then it's good because as time passed by people are embracing cryptocurrency world which in fact has help it a lot and vice versa as well to the people who use it.
Yes, many of them are very poor. But what prevents the state from allowing people to use crypto currency and learn computer literacy in order to be able to provide for their family
African governments don't even need that
I mean they don't need to specifically ban or otherwise discourage and disallow Bitcoin to prevent their citizens from using it. They would just have to keep their folks in poverty (as they always did), and that will suffice for all practical intents and purposes. When you have no Internet access, no device to reach out and touch your coins, or just no money to buy a few satoshi to begin with, you are pretty much stuck, and Bitcoin will continue to remain your pipe dream mostly
Yes the govt will accept Bitcoins, but people know how to use that bitcoins in real life right, as you told in Africa they are not rich, and most of the cities don't have the internet facility. So how people can use Bitcoin? But if they started to use bitcoin means it is good news. And they need money to buy bitcoins if they are poor how they can afford this bitcoin price.
Really? African country adopts Bitcoin as primary currency? I don't judge African people but most of them are very poor and not computer literate or whatsoever. But if it's true then it's good because as time passed by people are embracing cryptocurrency world which in fact has help it a lot and vice versa as well to the people who use it.
Yes, many of them are very poor. But what prevents the state from allowing people to use crypto currency and learn computer literacy in order to be able to provide for their family
African governments don't even need that
I mean they don't need to specifically ban or otherwise discourage and disallow Bitcoin to prevent their citizens from using it. They would just have to keep their folks in poverty (as they always did), and that will suffice for all practical intents and purposes. When you have no Internet access, no device to reach out and touch your coins, or just no money to buy a few satoshi to begin with, you are pretty much stuck, and Bitcoin will continue to remain your pipe dream mostly
I heard rumors that Uganda or some other country is adopting Bitcoin as its official currency. Does not make sense to me at all for a country to adopt a currency it has absolutely no control over. I am not 100% sure but I think they don't have internet or electricity down there. In any case, the Central Bank would have to first make a reserve which means they would have to buy Bitcoins first before just adopting it. Anyway, would be dope if some country officially adopted Bitcoin!
Source or you're just posting lies.
If you don't have the source at least tell us how your heard about it?
At 4 am after you had 8 beers and two joints and the pink wabbit that was making popcorn on your sofa told you?
And now seriously
Uganda?
75% Ugandans have no access to power
http://www.monitor.co.ug/Business/Technology/75--Ugandans-have-no-access-to-power/688612-1525390-wa1q42z/index.html
I think they should do something about this before thinking of going full bitcoin.
How are they gonna use BTC when they do not have internet, a tv nor smartphone..
Forget internet and smartphones, they don't have water and electricity.
I agree with you in general, most people in Africa are too poor to use Bitcoin. Only 28% of African population use Internet and like you said many people have no power at all. However, there are countries, and Nigeria, Kenya, Tanzania, Uganda, Congo and South Africa are among them, where in big cities many people use Bitcoin already.
You can google it, man ) Here's the statistics on Internet usage for Africa:
http://www.internetworldstats.com/stats1.htm
And here's a good article on Bitcoin usage in some African countries:
http://edition.cnn.com/2016/12/23/africa/bitcoin-startup-africa/
Really? African country adopts Bitcoin as primary currency? I don't judge African people but most of them are very poor and not computer literate or whatsoever. But if it's true then it's good because as time passed by people are embracing cryptocurrency world which in fact has help it a lot and vice versa as well to the people who use it.
Yes, many of them are very poor. But what prevents the state from allowing people to use crypto currency and learn computer literacy in order to be able to provide for their family.
Uganda would be the first african country to regulate Bitcoin.If it regulates,it would be followed by kenya.In nigeria,due to failure of local currency,most people have started using bitcoins.Since africa is such a big continent having many countries,it would be much useful for bitcoin progress if they adopt bitcoin.
Well in general african some african locals do not have the access to internet daily and probably advertising it there would be hard but if Uganda can improve economically then chances are some of them can even try to adapt btc. Because btc is not taxable and the budget does not come from anyone and you will generate that without taxes instead of borrowing in some world banks.
Well even though the majority of the African locals doesnt have access to internet but it will not be a hindrance to btc users in their country. But of course if we talk about using bitcoin as their primary currency that will be troublesome since internet access and computers or smartphones are needed to make transactions. But if they are decided the state could do something to make it possible.
I heard rumors that Uganda or some other country is adopting Bitcoin as its official currency. Does not make sense to me at all for a country to adopt a currency it has absolutely no control over. I am not 100% sure but I think they don't have internet or electricity down there. In any case, the Central Bank would have to first make a reserve which means they would have to buy Bitcoins first before just adopting it. Anyway, would be dope if some country officially adopted Bitcoin!
Source or you're just posting lies.
If you don't have the source at least tell us how your heard about it?
At 4 am after you had 8 beers and two joints and the pink wabbit that was making popcorn on your sofa told you?
And now seriously
Uganda?
75% Ugandans have no access to power
http://www.monitor.co.ug/Business/Technology/75--Ugandans-have-no-access-to-power/688612-1525390-wa1q42z/index.html
I think they should do something about this before thinking of going full bitcoin.
How are they gonna use BTC when they do not have internet, a tv nor smartphone..
Forget internet and smartphones, they don't have water and electricity.
I agree with you in general, most people in Africa are too poor to use Bitcoin. Only 28% of African population use Internet and like you said many people have no power at all. However, there are countries, and Nigeria, Kenya, Tanzania, Uganda, Congo and South Africa are among them, where in big cities many people use Bitcoin already.
Really? African country adopts Bitcoin as primary currency? I don't judge African people but most of them are very poor and not computer literate or whatsoever. But if it's true then it's good because as time passed by people are embracing cryptocurrency world which in fact has help it a lot and vice versa as well to the people who use it.
I heard rumors that Uganda or some other country is adopting Bitcoin as its official currency. Does not make sense to me at all for a country to adopt a currency it has absolutely no control over. I am not 100% sure but I think they don't have internet or electricity down there. In any case, the Central Bank would have to first make a reserve which means they would have to buy Bitcoins first before just adopting it. Anyway, would be dope if some country officially adopted Bitcoin!
This will be unheard of, a country adopting bitcoin as its official currency, but it is not that rare that another country adopted a currency they don’t control, some countries have adopted the US dollar as their official currency despite the fact they have no control over it.
So far I know about that news, this is not representing the actual scenario of Bitcoin in the African continent. But some countries are taking it seriously to consider using Bitcoin as a currency. If it will happen then it would be great for Bitcoin.
How are they gonna use BTC when they do not have internet, a tv nor smartphone..
I agree, How can they use bitcoin while they don't have internet or smartphone. If there is one institution from africa as long as I know they use bitcoin for attracting donation all over the world. WHy, because when they use banking, they will find dificulties with beurocracy. I heard rumors that Uganda or some other country is adopting Bitcoin as its official currency. Does not make sense to me at all for a country to adopt a currency it has absolutely no control over. I am not 100% sure but I think they don't have internet or electricity down there. In any case, the Central Bank would have to first make a reserve which means they would have to buy Bitcoins first before just adopting it. Anyway, would be dope if some country officially adopted Bitcoin!
Source or you're just posting lies.
If you don't have the source at least tell us how your heard about it?
At 4 am after you had 8 beers and two joints and the pink wabbit that was making popcorn on your sofa told you?
And now seriously
Uganda?
75% Ugandans have no access to power
http://www.monitor.co.ug/Business/Technology/75--Ugandans-have-no-access-to-power/688612-1525390-wa1q42z/index.html
I think they should do something about this before thinking of going full bitcoin.
How are they gonna use BTC when they do not have internet, a tv nor smartphone..
Forget internet and smartphones, they don't have water and electricity.
I agree with you in general, most people in Africa are too poor to use Bitcoin. Only 28% of African population use Internet and like you said many people have no power at all. However, there are countries, and Nigeria, Kenya, Tanzania, Uganda, Congo and South Africa are among them, where in big cities many people use Bitcoin already.
We.don't need to judge in case African country has already adopted as their primary currency. If it's only a hear say then,we respect, study and learn from them. Who knows this might help them.
I am agree with you here. This example and experience is going to be good for every country, to those who have the same plans already and to those who only think about it. 
However this news is not presenting the real scenario of Bitcoin in the African continent, but it's under consideration most of the African countries to approve Bitcoin as a currency. If it will be implemented according to the news then it'll be blessings for Bitcoin for spreading out everywhere. If they adopt it then other continent would be influenced to use Bitcoin as major currency for transaction.
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