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Topic: Bitcoin is gaining momentum in Africa - page 2. (Read 2409 times)

copper member
Activity: 238
Merit: 1
GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI
September 08, 2018, 05:23:05 AM
This is a great move by the Africans, looking forward to see Bitcoin growth in Africa which will change the level of poverty as one of the issue facing by the region and P2P transaction still need to be very careful with because of the level of scammers, and the domain need a kind of security that will gives buyer and seller a kind of rest of mind for not loosing their fund by using a kind of escrow for check and balance .
jr. member
Activity: 104
Merit: 1
August 28, 2018, 09:49:54 PM
Inflation is rampant in Africa, and more and more young people are beginning to understand the hopes that Bitcoin and other cryptocurrencies can bring. Many young African professionals have used Bitcoin as their sole means of income or as a supplement to their normal wages.
As far as the current situation is concerned, Bitcoin is clearly the natural enemy of inflation.
newbie
Activity: 70
Merit: 0
August 28, 2018, 04:27:22 PM
Africa was receiving digital forms of money because of the estimation of their fiat, at some point they need to trade their fiat to USD to purchase or to do exchanges. Be that as it may, with the assistance of these advanced cash, they can do exchange substantially speedier
newbie
Activity: 34
Merit: 0
August 18, 2018, 09:10:10 PM
This goodness has greatly contributed to the development of today's bitcoin, the values it gained thanks to the inclusion of such problems.
jr. member
Activity: 60
Merit: 1
August 18, 2018, 09:05:03 PM
This is a good news. I am happy to read this and I would like to hear more about it. Bitcoin can do some good in Africa by helping with the social issues. Investors could earn money and help their families. The problem is that the majority of people do not have access to computers and the internet. How is it possible for them to buy crypto? Nigeria is doing a good job for Africa as many said. My question concerns the security aspect. Talking about p2p, how do they ensure the security of transactions?
Anyway, it is great to see Africa joining crypto. It is a young continent and Crypto can help them more than fiat money. They just need to develop their infrastructure.
I agree with you, internet is a major problem in Africa, most can't afford to buy data, no wifi, Uganda government placed a high tax on internet and that's makes impossible for most of them to be on the phone internet.
jr. member
Activity: 227
Merit: 1
IQCash
August 18, 2018, 08:59:00 PM
Of course, Africa is one of the continents with the fast-growing population of Bitcoin ethusiasts. Although most of the governments still remain neutral about the legitimacy of Bitcoin, the people are still positive on the patronage of Bitcoin and most businesses have integrated its usage in their payment systems.
sr. member
Activity: 812
Merit: 250
August 18, 2018, 08:49:54 PM
This is a good news. I am happy to read this and I would like to hear more about it. Bitcoin can do some good in Africa by helping with the social issues. Investors could earn money and help their families. The problem is that the majority of people do not have access to computers and the internet. How is it possible for them to buy crypto? Nigeria is doing a good job for Africa as many said. My question concerns the security aspect. Talking about p2p, how do they ensure the security of transactions?
Anyway, it is great to see Africa joining crypto. It is a young continent and Crypto can help them more than fiat money. They just need to develop their infrastructure.
I love hearing or reading this kind of news and it really makes me overwhelmed. This is a great achievement for bitcoin because it's being recognized. Well this is just the start and the best is yet to comecome so let's all hope that it will have a long life in africa. I think this must serve as an inspiration to others and should be remodeled.
jr. member
Activity: 60
Merit: 1
August 18, 2018, 08:46:26 PM
Bitcoin will grow in Africa for sure but might take a while due to poor economy and governance.
newbie
Activity: 16
Merit: 0
August 18, 2018, 08:38:01 PM
This is a good news. I am happy to read this and I would like to hear more about it. Bitcoin can do some good in Africa by helping with the social issues. Investors could earn money and help their families. The problem is that the majority of people do not have access to computers and the internet. How is it possible for them to buy crypto? Nigeria is doing a good job for Africa as many said. My question concerns the security aspect. Talking about p2p, how do they ensure the security of transactions?
Anyway, it is great to see Africa joining crypto. It is a young continent and Crypto can help them more than fiat money. They just need to develop their infrastructure.
jr. member
Activity: 179
Merit: 1
August 18, 2018, 07:21:48 PM
Africa is now able to buy and sell bitcoin or cryptocurrency without any hassles. This is a great benefit to the customer. By doing this they can be successful.
member
Activity: 532
Merit: 11
August 08, 2018, 12:28:36 PM
Africa has good and honest people, what kind of domination? I think bitcoin in Africa has no problem people there are also good
member
Activity: 266
Merit: 10
August 08, 2018, 11:43:29 AM
in some countries in Africa very high inflation! residents of these countries have found a solution to this problem, they began to store their money in crypto coins! Africa very much needs an information revolution, as well as in a new payment system!
full member
Activity: 1498
Merit: 129
August 06, 2018, 10:42:29 PM
I have not use your website before but i want to believe you will have good customer support because that is the most important aspect of the business. Nigerian dont have patient when it comes to issue that prompt to contact customer care for their problem to be solved and ones there is delay in response it might be something else. also your website will face competition from some Nigerian based website offering the same services such as instantgold.ng that has been in the business since the beginning of time.
full member
Activity: 1498
Merit: 129
August 06, 2018, 10:35:37 PM
Guess Africa don't wanna be left behind. Many big countries adopted this technology. If African countries are going to adopt this technology. Why not? I heard bitcoin in Nigeria is very popular. Then i searched google about this. Over 100,000 merchants are now accepting bitcoin as mode of payment. They are really relying on bitcoin since it's the fastest and yet affordable way for sending money. http://www.oyibosonline.com/over-100000-merchants-in-nigeria-now-accept-bitcoin-payments/
Also it can change their lives because bitcoin is not just a tool for money transferring but also a good form of investment. Most African countries are suffering because of poverty. Maybe it can be a way to make their lives comfortable.
That is not true no wholesalers or retail store here in Nigeria accept payment in any currency other than fiat. bitcoin are only used here to pay for subscription services and to buy other online services but locally it is not yet use as a medium of payment. digital currency have always been use widely in Nigeria back then since the time of liberty reserve and generally Nigeria is first to known in Africa when it comes to adopting technology such as africa due to their versalitity and there presence on the internet.
newbie
Activity: 484
Merit: 0
August 06, 2018, 10:24:30 PM
Few years ago, it was hard to read anything about Bitcoin in Africa as a whole but recently, the rise of Bitcoin is on the move. Blogs and news platform are publishing the terrific rise of Bitcoin now. Its very know now in Africa. We are glad for this improvement
full member
Activity: 434
Merit: 101
July 30, 2018, 04:10:14 AM
at first, we have to know that what are the difference between Bitcoin and BitKoin.Africa, so far I know that Bitcoin is almost spreading out as a global currency but if BitKoin.Africa is being invented only for the African Countries then it wouldn't be popular outside of the African continent.
A great news indeed. This was a great decision made by african people which may help them to build thers economy more stronger and therefore the economy will grow and the poverty in this countries may be lessen. That is one of the goal of bitcoin, to help.peopls all over the world at the same time give benifits to its users. Hoping fot he fast growth in economy of the said continent.
sr. member
Activity: 490
Merit: 250
July 28, 2018, 01:34:12 PM
Africa is covered by demand for crypto-currencies !!!

Now Bitkoin.Africa allows customers from all African countries to buy bitcoins, quickly and without problems.
Nigeria became the first country to exchange P2P digital assets, seeking to facilitate access to bitcoin throughout the African region.
Bitkoin.Africa was launched by a team of Nigerian developers on October 1
Have a nice day, everyone! Wink
This is a happy news for Bitcoin and cryptocurancy because now Bitkoin.Africa allows customers from all African countries to buy bitcoin, quickly and without problems.bitcoin gained momentum everywhere in the world. Still I think the Crypto currency market is in the early stages, few people in the world know about it. Thus, bitcoin demand will rise higher and higher day by day, as new people begin to learn what is Bitcoin.
newbie
Activity: 182
Merit: 0
July 28, 2018, 01:24:59 PM
Saw a in reality fine video concerning YouTube approximately this. Bitcoin has not without help back going on individuals pardon themselves from giving out controls, but moreover the governments to pardon themselves from unfair economic authorize which have left Africa in a disrupted impression. Bitcoin is the chaos we have been waiting for.
newbie
Activity: 109
Merit: 0
July 26, 2018, 08:14:29 AM
It is good news for us because nigeria is a big country, with this all coins are rises if their economic was growing  and their government adopted it, it is a big factor for all in this business we can benefit it..
newbie
Activity: 196
Merit: 0
July 26, 2018, 07:58:29 AM
Bitcoin is gaining serious momentum in Africa and nigeria also been the country that trades bitcoin the most. It is a good thing for bitcoin and cryptocurreency at large as this would improve lives in the life of its citizens and make make bitcoins more valuable.
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