Topic: Bitcoin Africa (Read 11785 times)

Bitcoin is helping African millennials free himself from financial repression

some folks outside of Africa might think the crypto world is new and novel entirely to Africans. But this is far from the truth. More often than not, the exposure to information and proper education catalyses the growth of the bitcoin in Africa. And while the report says that the bitcoin is widely used in south Africa, the recent poll by independent sources actually find Nigeria and Kenya leading the park and then south Africa, volume for volume.
It is a good thing to see what the crypto world can bring to Africa and how this can influence lives positively

Go check google trends mate

https://trends.google.com/trends/explore?q=bitcoin

Here are the countries in Africa and their ranking for bitcoin searches
1. South Africa - Yes we hold rank 1 
9. Ghana
10. Nigeria

It is getting quite huge in these 3 countries, growing really fast. Speaking for South Africa, I can go to any 15-35 year old that I know and ask them about bitcoin and they will either be invested in it or at least know of it.  Remember cryptocurrency will penetrate fastest in places where people do not have the best and most honest government.

I think we should start more meetups, growing our community in Africa will help this become more adopted and grow faster.  I actually just saw this sub-topic or whatever you can call it. We should figure out how to

The introduction of the blockchain system and bitcoin in different spheres of African life will finally overcome that barrier to civilized life that has long stood before the inhabitants of the continent. People will finally be able to feel all the charms of the new technology from the convenience of making payments to removing administrative barriers when interacting with state and municipal authorities. So I believe, Africa will become a strong and prosperous continent with a digital economy and a promising future.

If there's internet there must be!!

I think many Africans are involved in Bitcoin.it is true Bitcoin uptake in Africa is very slowly.some countries in Africa are hosting conferences creating awareness among Africans.I seen on internet the annual Blockchain and Bitcoin Africa conference is to be held in Johannesburg South Africa on 1st to 3rd march 2017.during conference experts from around the world will share their views on as wall as their experience of the opportunities and challenges facing digital currencies such as Bitcoin and Block Chain.

Bitcoin is widely accepted in Africa because of high ROI. In fact, in South Africa, people are swapping their cars and other high value items in exchange for Bitcoin as per Gumtree, an online classifieds sites.

 I think the number of bitcoin users will be very small because Africa so small and poor

I actually haven't read or heard of kobocoin. But there is one owned by a Nigerian living abroad and that is dalecoin. You can find the relevant links here:

Website: www.dalecoin.org

Telegram: @dale_coin

https://twitter.com/DalecoinN

There is a flourishing telegram group where you can meet some amazing Nigerian crypto traders. Here: @armyofcryptocurrencytraders

I just saw one project that also has an eye for African - Asia market. Especially in the commodity (ie palm oil, cotton, rice, cocoa... ) trading field.
At the moment the project is still in 1st stage of token release, so you can get it at very low price Eur 0.01/token.

Visit the website at TudorPayWebsite

Cape Town here. i would like to meet up with fellow bitcoiners in the mother city.

is there any active meetup that i don't know of?

I just saw this Bitcoin Cash meetup posted on Twitter. https://www.meetup.com/Johannesburg-Bitcoin-Cash-Meetup/events/246088914/

that was during the ponzi plagued year (2016) right now the need for it is less cause of the little attention given to pyramid schemes

Hello everyone. I'm a Nigerian and would love to meet crypto currency lovers like me that own a faucet such as http://emmonfaucet.ga  . Please let's share information and knowledge and make a formidable impact to the bitcoin community.

I'm in jo'burg South Africa and keen to meetup with any crypto watchers.  Facebook groups are fun, but I think a get-together would be cool

Where are you from my friend? Worried similar to my country some of these media campaigns are scams taking people hard earned money like asking for registration fee to join or have bitcoin  which they dont even show you or even a case of being guaranteed some amount of return after a certain period all these are scam alerts. But not downplaying Africa is fast rising within the bitcoin domain you can check our recent meet-up in Nairobi via https://coinweez.com/africa-shows-incredible-interest-in-blockchain/ trying to make people dont lose their money here in Kenya 

I can tell you with virtue of no doubt that bitcoin revolution are increasing day by day, am from one of this African countries and I don't know if you will believe it when I tell you that campaigns for trading bitcoin are made on medias that are even government owned. So revolution is happening in a big way in African countries.

Yes sign me up

sure if the crypto currency is able to grow properly there ,,
maybe poverty in Africa will decrease little by little,
but the technological backwardness factor is one of the obstacles there for them to learn the digital world

I believe most Africans are getting involve in bitcoin revolution, and some countries in africa are hosting conferences creating awareness among Africans.

Recently the crisis in Zimbabwe have increased the focus of the country towards cryptos. In Zimbabwe, Bitcoin is being traded at premium and about double the international price due to recent military takeover. Africa lacks bank accounts and has many countries with falling economy, in such a situation Bitcoin or cryptocurrencies are like savior. Use of cryptocurrencies have increased a lot in Africa and it is safe heaven to people who don't believe in their governments either because of corruption or inefficiency.

there are too many using bitcoin in Africa

Happy to meet you all and my friends from Nigeria

Adekunle from Nigeria.
Happy to meet all of you here

Hi!  Am from Nigeria. Happy to meet all of you

Sure Africa is rising there is SmartCash already and another one underway by the group known as Bits by Bitsoko (which is Kenyan)

There are so many Africans here in this forum and crypto currency is a global currency without boundary, just that the awareness has not gone so much wide on the importance of bitcoin or crypto currency that many shopping store will start accepting it as a mode of payment.
There are mining company here in Africa though not a large scale. 

Hi, i am Ben from Nigeria 
am delighted to meet up and learn from other Africans.

Even by the fact that mobile money transfer is very expensive a disruption of the industry via crypto would be beneficial to the poor. Some company using blockchain technology tried to rival leading mobile money firm but they ended up being 'shipped' by the same 'monopoly' company over infrastructure issues. But the idea of money transfer would really to be simple because of low penetration of internet and mobile phone devices not to mention literacy rates in the country I guess across africa!

Joined this platform to learn more about bitcoin and the blockchain technology
and its has been a wonderful experience, as Am learning new things every day

It's also a very interesting market because of the disproportionate mobile usage.
High rates of mobile devices even amongst the poorest.
The right solution could really take advantage of that.

Sure I agree lots of opportunities available in Africa for cryptocurrency adoption in Kenya for instance, sorting out house problems for low income earners, access of credit among SMEs, data insights for SMEs too this is a problem even in Africa at large among so many other issues need solution via tokenization

Kenya is an amazing area for bitcoin adoption.
Great balance between developed infrastructure and massive unbanked population

It is true Bitcoin uptake in Africa is very poor but slowly grounds are shifting. For instance, this end month 30/11/2017 me and my partners at Coinweez we organizing a Bitcoin Meet Up in Nairobi-Kenya to try and create crypto awareness especially Bitcoin. The interest is amazing and blowing cant wait.

I think Pesabase is also from Africa.
Also Wala payments and Augmentors.
And I have heard of one other that is in development but not yet announced.

Hi! Am Greg from Nigeria.
Glad to meet other African friends

There are many Africans that are involved in Bitcoin, I am an African from Nigeria and I have been doing some met up lately with other Bitcoin Enthusiasts in the country.

Infact, there is a large community of Nigerians and Africans on Steemit.com. Many Africans are waking up to the possibilities and opportunities that are attached to Bitcoin

There's kobocoin, prosperipro both not very good projects.. Then there is humaniq(not originally from Africa but Africa is their focus. Humaniq is probably the only project worth looking at.

Some governments are implementing private blockchains for various purposes... Regarding cryptocurrencies for public - i dont know any.  Why not just stick to BTC, ETH etc?
I dont see much use in 100s of various altcoins... its comfortable to work with a few major ones.

Pls I want to Know if there is any cryptocurrency that has originated from Africa. Are there any dev currently working on any. Thanks

Hi, if you are talking about BLOCKCHAIN AFRICA CONFERENCE 2018 it will be 8-9 MARCH 2018 | JOHANNESBURG.
Here is a link http://blockchainafrica.co/

It will be great if Africa embrace Bitcoin and blockchain technology, but I'm a bit worried about the internet infrastructure of the africa states.
I mean I have read lot of comments here but there isn't any source or link, it would be interesting learn something about it 

Does anyone remember when the conference in Johannesburg is?
Have a link?

Hi! Glad a thread like this exist to meet other people from my continent. I am from Nigeria.
Nice to meet you guys

I travel to Rwanda semi-frequently, and would definitely be interested in meeting people in the area.  I don't specifically look for cryptocurrency events/people normally when traveling, but would definitely be interested in meeting some central African crypto enthusiasts!

There is a growing interest in bitcoin in Africa. Im my country Uganda, i have many "bitcoin buddies".

So, we should organise a continental meet up, why not?

Africa is a great place with a growing crypto community

With the introduction of Blockchain Technology and the enlightenment  about Bitcoin, many people in Africa especially in Nigeria have come to embrace Bitcoin. Not only getting the awareness, but also getting other to come to the knowledge of digital currency, where a lots of investment and trading can enhance  and add value to their pursuit and life goals. Seminars are held in most  and various part of the states so as to create a wider knowledge  of Bitcoin. Great turnout of members  to this seminars points to the facts that many people are becoming aware of bitcoin, accepting it, and also inviting a lot of others in Africa to be part of  this digital currency called Bitcoin as well.

Offer is products to supply them with computers and fidelkity?

The awareness is nowhere near where it should be

I always wondered how many African's were really involved with crypto currency in general. I will keep an eye on this thread.

i don't understand what you mean by Africa is lacking behind for i don't believe you can substantiate your submission here that Africa is lacking behind. There are substantial numbers of African who have invested a huge amount of money in crypto currency. 

Wow..I am very surprised - BTC everywhere))) But I heard, you have really bad internet connection in Africa. So is it true? how do you manage it, is it hard to mining?

A lot potential embedded in block chain dev. in Africa

Do you have any document/source for this? I'm not saying you're lying, I'm just curious about this!

Bitcoins is being used in Africa among youths most especially students in higher institutions of learning. Many people out have not really keyed into Bitcoin world, but i think it is gradually gaining popularity day by day. A case study is Nigeria.

There is a huge number of people in Africa using bitcoin.
Am also planning some innovative blockchain programs

hope countires like nigeria support it

i need some crystals

I think the satellite network from Blockstream will help a lot the people from Africa to transac Bitcoins.

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?

---

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