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Topic: Bitcoin is gaining momentum in Africa - page 5. (Read 2367 times)

hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
January 09, 2018, 02:24:10 AM
I think africa will be the next country that will have big people which interested in cryptocurrency. they need a new change for their country and with cryptocurrency, I am sure that they can solve their economic problem. I think if they want to use cryptocurrency then they will have a big opportunity to be equal with another country because they have a big resource that we still don't know yet. every people in africa can join into cryptocurrency and that's mean, they have their chance to get money from cryptocurrency like other people. so I hope the other country will follow what africa do and in the future, we can see cryptocurrency will become globally.
sr. member
Activity: 476
Merit: 250
January 08, 2018, 07:24:35 PM
Yeah I do appreciate African Countries will to change something in their countries, they didn`t have the chance with their fiat local currencies I hope they will make it with crypto.
hero member
Activity: 1484
Merit: 547
Pugs are the best!
January 08, 2018, 07:11:50 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

We should realize that as we use cryptos, we help these people especially from poor countries. We, the users of these coins make the price grow and in turn giving them the chance to make money from the coins that they are holding. The economy of these coins is based on how the world uses it, how the supply and demand moves. People are being saved by cryptos, the increasing benefits of these coins to people just implies that the government should support bitcoin!
member
Activity: 126
Merit: 10
January 08, 2018, 06:08:20 PM
Bitcoin is gaining momentum in many countries of the world, Bitcoin is gradually being accepted around the world, and I think this is good news for both bitcoin and the entire cryptocurrency market.
Africa is one of the biggest continent  in the whole world. Actually the moment happening in Africa is pretty good.
The bitcoin slowly dominating in Africa and builds its momentum to promote the cryptocurrency and their services to the people in Africa which leads them to increase the community of using bitcoin.
full member
Activity: 700
Merit: 117
January 07, 2018, 10:55:51 AM
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 will definitely affect the development of this region. There are countries with huge hyperinflation. Cryptocurrencies can help reduce unemployment and poverty.
It was a great idea of their leaders to let bitcoin penetrate in their country. Not only it helps their people but also to improved the old system into new and much better. This new system will help for them to develop their country and to weaken-up sleeping individuals to embraced this new opportunity for a chances to have a better life in the future.
hero member
Activity: 2002
Merit: 516
January 07, 2018, 10:49:32 AM
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 will definitely affect the development of this region. There are countries with huge hyperinflation. Cryptocurrencies can help reduce unemployment and poverty.
member
Activity: 196
Merit: 10
Open and Transparent Science Powered By Blockchain
January 07, 2018, 10:35:13 AM
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
Bitcoin is gradually being accepted around the world, and I think this is good news for both bitcoin and the entire cryptocurrency market.
member
Activity: 128
Merit: 10
January 07, 2018, 10:34:44 AM
This is a great news, Africa could be fundamental for a further rise of bitcoin because is so big and could help many person of this country.
member
Activity: 89
Merit: 10
January 07, 2018, 10:27:58 AM
it's not surprising, considering that their currency is so devalued they will all turn to crypto
full member
Activity: 434
Merit: 100
January 07, 2018, 10:26:42 AM
Africa is one of the biggest countries in the whole world. Actually the moment happening in Africa is pretty good.
The bitcoin slowly dominating in Africa and builds its momentum to promote the cryptocurrency and their services to the people in Africa which leads them to increase the community of using bitcoin.
full member
Activity: 168
Merit: 100
January 05, 2018, 10:16:06 AM
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

Great news! But actually, Bitcoin is gaining momentum in many countries of the world. It started to become a trend and that really hyped up since the last two quarters of 2017. And in my opinion, it's momentum will continue in the year 2018. A lot of people are saying that it is a bubble and it will drop dramatically. But I think it will continue to go up throughout this year and more years to come. I even believe it can reach $60 000 or even more.
member
Activity: 295
Merit: 10
January 05, 2018, 10:09:04 AM
Thats a very nice planned, because they gave chance  people in Africa, to entered in a Bitcoin. And thats a Big help for africans.
member
Activity: 271
Merit: 10
December 29, 2017, 06:17:28 PM
AHH  I used to live in South Africa  and I have a lot of freinds  on Facebook who still live there and out of the blue one of our old neighbours asked me about bictoins lol. Now I know why
hero member
Activity: 1190
Merit: 525
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December 29, 2017, 06:16:05 PM
Good to know more people are aware about Bitcoins and joining this, however I see these new enthusiasts don't understand very well how things work here at Crypto-Currency world. They buy Bitcoins and invest in Ponzi schemes, trying to double their money in 10 days, consequently they lose all their Bitcoins and start spreading around Bitcoin is a scam, bla, bla, bla... And the "referrers" who bring these people to Crypto-Currency aren't very interested in explaining such details...
member
Activity: 273
Merit: 18
December 29, 2017, 06:15:03 PM
Since the transaction fee is the same as the average monthly wage I very much doubt btc is going to be doing anything meaningful in Africa apart from allowing the rich to smuggle money out.
legendary
Activity: 1582
Merit: 1268
December 29, 2017, 06:10:12 PM
It is really good news, both for Bitcoin and Africa. From the beginning, the idea was not only to give financial freedom, but also bank those who are not able to use modern financial services. "Bank the unbanked" is what most of us were trying to say from the very beginning. It is a sad fact that there are a lot of people who don't even have a bank account in Africa. Good news is that they no longer will need that. Because soon, Bitcoin will give them the opportunity to be their own banks.
member
Activity: 574
Merit: 12
December 29, 2017, 06:02:44 PM
Yes I agree with you. Bitcoin has gained momentum in Africa especially Nigeria. Nigerians and other Africa countries now purchase and store bitcoin for various reasons and the news of bitcoin keeps spreading daily. I believe soon African government will try and adopt bitcoin and other crypto currencies. 
member
Activity: 118
Merit: 100
December 17, 2017, 11:19:09 AM
I believe Bitcoin was intended to spread the wealth.  Decentralization is the keyword here.  To read about Bitcoin being adopted in poor economies is heartwarming.  To allow countries that have been exploited and or deserted by centralized authorities to have an equal footing in the global economy really makes me optimistic that Bitcoin and its community is really doing some good in this world. 

Africa is suffering from unemployment and poverty. Bitcoin would be a good selection for them to increase their wealth maybe. So it's as expected when they show a great interest to bitcoin.
sr. member
Activity: 476
Merit: 254
December 17, 2017, 11:17:51 AM
Is Zimbabwe in Africa? Pardon my dumbness is geography... but anyway, the last time I checked it, Bitcoin in Zimbabwe was double the price of Bitcoin in US. I will not doubt if the entire Africa will move to bitcoin very soon and leave the FIAT behind.

A simple check on Google would have told you the part of the world Zimbabwe belongs to. Zimbabwe currently has one funny and unique economic system and won't doubt if the price is even triple in that part of the world. For the entire Africa moving to bitcoin just like that is something you really need to reconsider and its even going to be faster for the advanced countries to make that happen than Africa because the infrastructure, the basic education is still behind in Africa which the other countries have gone ahead with.
sr. member
Activity: 574
Merit: 251
December 17, 2017, 11:09:24 AM
Bitcoins rising price is attracting investors from all over the world, African countries are not behind in it. Due to long lasting civil wars economies of African countries are devastated. As a result developing economies are allowing trading in bitcoins. In South Africa, cryptocurrencies like BitPesa, Bitfinance are gaining popularity. In Zimbabwe, Nigeria local merchants, traders and activists believe this new money as better alternative for their collapsed economy. But remote areas still have problems like connectivity; electricity etc. so there fiat currency is the only option. Signature Campaign, a bitcoin related activity will help to generate jobs in these countries.
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