Topic: Bitcoin Africa - page 4. (Read 11840 times)

Yes, Africa cannot afford to continue lagging behind in the digital economy driven twenty first century. Blockchain is changing virtually every industry and the time to embrace this revolution is now. Africa, arise!

Africa is  lacking behind a lot,let hope that in the near future they will catch up, thanks to the internet that ,made  the world a global village hope when the whales (in fiat) in Africa start investing in cryptocurrency the acceptance will be increase. The world has decide cryptocurrency is the  way to go, Africa must follow suit,

Africa is not there yet but will be there someday. Though still battling with poverty, epileptic power supply, low Internet penetration and the likes, I still believe that proper and speedy awareness on the opportunities that Bitcoin and Blockchain technology hold for humanity will accelerate the adoption and usage of Bitcoin across African continent. This therefore, presents opportunities for early users of Bitcoin from Africa to spread the good news and come up with life-changing Blockchain based projects to serve African market.

Bitcoin awareness in Africa is nothing to write about Except some few individuals that has tap in and keyed into how to tap into the benefits attached to bitcoin, The most noticeable disadvantage of africa getting information about bitcoin is due to epileptic power supply, high cost of internet access and low purchasing power in some countries therefore bitcoin awareness had been very low unlike other foreign countries.

Is this an imaginary saying or you're serious about this?

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The rave for Bitcoin is virtually not present in the Africa continent, at least not yet. The awareness is really poor in our continent, Africa. Most people are yet to key into what Bitcoin is and how it works unlike what happens in Europe where many people have this knowledge. Well, I guess that lack of knowledge in Africa has to do with the low access rate to the Internet. May be, just maybe, one day Africa will catch up with the rest if the world.

Bitcoin will be improve every ware. just wait and see.. ASAP Bitcoin invention new Revelation  for World

Bitcoin is a virtual currency, all information about the user appears to be completely secure, so we can not investigate any information about the number of bitcoin users. Security is an advantage, but it is also a barrier to bitcoin, many fraudsters have exploited bitcoin to cheat people. I think Africa is a little under development, where it is too poor, I think the number of bitcoin users will be very small.

There is a growing awareness of bitcoin in Nigeria. Being the most populous African nation, this growth will impact significantly on the usage of bitcoin in Africa.

Indeed, my friend! The bitcoin is everywhere in the world. People are using bitcoins to buy stuff from every corner of the world

The most notable bitcoin communities in Africa are in Nigeria, South Africa, Ghana, Kenya and Zimbabwe. There you can find startups and a relatively active bitcoin market. Having said that, they are still small scale compared to more established bitcoin economies.

The low internet penetration is the biggest hindrance for large scale bitcoin adoption in Africa in my view.

From the flow of traffic here you now know that Africa doesn't have that bitcoin community yet that can sustain the growth of bitcoin interest. Not just yet.

I always did wonder if Africa had a large enough BTC market to sustain something like this, it's something I'd definitley be interested i.

Yes, since is from a uniques solutons to buy online. Including perfectmoney, and other offshore banks.

There is a huge number of people in Africa using Bitcoin.

Blockchain and bitcoin Africa conference 2016
During the two-day conference in Johannesburg, industry experts from around the world will share their views on as well as their experience of the opportunities and challenges facing digital currencies such as bitcoin and the blockchain technology as well as their impact on the current social, economic and political order. Several African countries will also be represented, such as Botswana, Kenya, Ghana and Zimbabwe.
A great deal of interest has been shown recently in blockchain technology by both financial and non-financial institutions alike. Some of the world’s largest banks are partnering with tech companies to explore how they can use this technology to potentially save billions of dollars and streamline their systems. Companies are investigating how they can use the technology to offer lower transactions fees for payments and remittances. The blockchain technology also offers numerous benefits in terms of transparency for companies and institutions are exploring how they can use this technology for voting, storing of information and executing smart contracts without the need of a third party. Some take-aways will be understanding and participating in the growth of bitcoin and blockchain eco system in Africa.

http://www.bitcoinzar.co.za/bitcoin-africa-conference-2016/

In Africa there is a Bitcoin Moroccan community and in south africa they have a annual summit "Blockchain Africa Conference" including bitcoin panel

Some colleagues and I actually had a discussion about something similar.

Don't know how many Africans involved in bitcoin revolution, getting close would help create solutions using blockchain and cryptocurrency