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Topic: Bitcoin is gaining momentum in Africa - page 7. (Read 2367 times)

full member
Activity: 238
Merit: 100
December 02, 2017, 11:45:10 PM
#89
Nice, that is really good to read. I love that Bitcoin and crypto in general getting more and more recognized. Good that people in Afrika are supporting and embracing the opportunity. Hopefully we will see this kind of adoption all around the world soon.
member
Activity: 110
Merit: 10
December 02, 2017, 11:40:09 PM
#88
 Bitcoin is truly unstopable and now africa allowed their people to buy bitcoins they dont wanna left behind. They know bitcoin is a good investment and secure block chain technology africans really a business minded. Bitcoin is really easy to use and now some are accepting bitcoins as payment.
member
Activity: 448
Merit: 15
TREEBLOCK
December 02, 2017, 11:33:15 PM
#87
You just cannot keep bitcoin down, corrected and bounced right back
member
Activity: 242
Merit: 10
December 02, 2017, 11:32:26 PM
#86
Bitcoin is now very popular in Egypt. I have several Egyptian friends. They often discuss bitcoins and other encrypted currencies together. They even organized a training of bitcoin knowledge in a middle school.
hero member
Activity: 2590
Merit: 644
December 02, 2017, 11:27:12 PM
#85
Bitcoin could lead to a new economic revolution in Africa, because there are a lot of reasons people use btc instead of there national currencies.
one of the best example is driven by Zimbabwe https://news.bitcoin.com/after-mugabe-zimbabwe-pushes-bitcoin-to-17875/
where each btc is traded more than 60% in the rest of the world. Maybe next satoshi will be a citizen from an african country Smiley
Zimbabwe is one of the countries that using bitcoin more often that their national currency because of the more potential of bitcoin rather than their sinking currency. If bitcoin will be 100% implemented in Zimbabwe, i think that their country can be saved by just working and saving bitcoin.
newbie
Activity: 129
Merit: 0
December 02, 2017, 10:13:53 PM
#84
Did you see the 'time traveler' post?  https://bitcointalk.org/index.php?topic=2482799.40  Bitcoin takes off in Africa which helps lead to economy collapse.
Good for them though.  Those Zimbabwe dollars are just not the best store of value and who knows maybe we will make Africa rich.  They could use that.
member
Activity: 373
Merit: 11
CryptoRex
December 02, 2017, 09:59:20 PM
#83
Saw a really good video on YouTube about this. Bitcoin has not only help individuals free themselves from government controls, but also the governments to free themselves from unfair economic sanction which have left Africa in a disrupted state. Bitcoin is the revolution we have been waiting for.
member
Activity: 145
Merit: 10
December 02, 2017, 08:32:32 PM
#82
Bitcoin could lead to a new economic revolution in Africa, because there are a lot of reasons people use btc instead of there national currencies.
one of the best example is driven by Zimbabwe https://news.bitcoin.com/after-mugabe-zimbabwe-pushes-bitcoin-to-17875/
where each btc is traded more than 60% in the rest of the world. Maybe next satoshi will be a citizen from an african country Smiley
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
December 02, 2017, 08:25:54 PM
#81
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



Not surprisingly, Bitkoin.Africa is launched by a team of Nigerian developers. In my opinion, Nigeria is one of the progressive countries of this region on an equal footing with the UAE and Southern Africa.

Wow! That's interesting stuff - local developers are a great asset to have. thank you for finding and sharing
newbie
Activity: 27
Merit: 0
December 01, 2017, 02:47:58 PM
#80
It is real opportunity for Africa to cope with economic problems. Local currencies haven't got stable value as dollar or euro. So, it is one of the few opportunities to help africans save their money (and invest).
hero member
Activity: 798
Merit: 500
December 01, 2017, 02:43:40 PM
#79
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



Not surprisingly, Bitkoin.Africa is launched by a team of Nigerian developers. In my opinion, Nigeria is one of the progressive countries of this region on an equal footing with the UAE and Southern Africa.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
November 30, 2017, 02:57:42 AM
#78
Not just Africa but Nigeria is the leading country bitcoin is gaining  the momentum from. Many Avenue and awareness with a lot if local exchangers

How about Zimbabwe? It has been sad news of what has happened in that country.

Anyone have any news of how things are going in Zimbabwe?
member
Activity: 420
Merit: 12
Globe-dex.com
November 21, 2017, 07:15:46 AM
#77
Not just Africa but Nigeria is the leading country bitcoin is gaining  the momentum from. Many Avenue and awareness with a lot if local exchangers
full member
Activity: 742
Merit: 144
November 21, 2017, 05:07:22 AM
#76
Very true. Initially people had a negative feeling about it but now so many people in Africa has accepted bitcoin and investing in it.

Great move for the people of Africa because they are now adopting great technology that can lead them for a brighter nation. Bitcoin will surely use by many people in the coming years and I am happy that Africa are now using it, more country to come with bitcoin.
hero member
Activity: 1134
Merit: 517
November 21, 2017, 05:04:20 AM
#75
I'm from Algeria and I can say this is absolutely irrelevant to most of the Africain countries even though they claim otherwise, the currencies are only displayed in NGN, a verification process is needed and BVN is required which is a scheme introduced by the Central Bank of Nigeria, the site have both buying and selling listings from the same person (only one) so I don't really see how there is much demand or how this exchange is meant to be for Africa If they only support Nigeria.
I expect you should first and foremost be excited that a brother have taken a bold step to fly the flag of Bitcoin somewhere in Africa and I also expected you to be in a position to make concrete suggestions or constructive criticism to show that the adoption of Bitcoin (cryptocurrency) across Africa matters much to you and not to write him off. I must say here, that nothing will change in Africa, until African become the change they want. Learn to stand up for a brother, no one else in the world would do it for you and every well established venture today didn't start half as sound! Here's the first Rolls Royce, I hope it says something to you!

                                                          

I have got to know that many Nigerians are trying to scam people by selling Bitcoins at very cheap rate and exchanging them for some coins.
No offense against any people but this is just what I heard from other people. I have personally seen some messages where they were selling Bitcoins for cheaper rates. I don't know about Bitkoin.africa but you should all stay safe from such people.
You do not have a proof for that, yet you've gone ahead to propagate it! And if at all, that's going on, the greedy fools and accomplices that patronizes them should have their heads examined!

This is a welcoming news and it just shows that bitcoin is really hard to stop right now and that's why a lot of nation is talking about it recently. But I would just like to question if Africa is really prepared for this tsunami? Have they setup their infrastructure already? Internet and Electricity is there? Because if majority of Africa has so many problems that they are facing then how they gonna adopt bitcoin? They should priority like food, shelter and water before bitcoin can really be useful in the whole of Africa. IMHO. So I'm still a little skeptics that the continent can adopt it immediately.
Africa's one and major problem is its mostly egocentric and stone age rulers, take them aside and Africa would know its best days. Interestingly, Bitcoin is such a solution provider! I think the present generation of Africans ought now to break the jinx by starting to think outside the box - waiting for their governments to generate power or provide infrastructures or food is surely a forlorn hope. By embracing Bitcoin, they can afford the best and latest technologies like green power and with reverse engineering at work, not reinvention of the wheels, things will definitely start to fall into place!



copper member
Activity: 560
Merit: 253
November 21, 2017, 01:22:53 AM
#74
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
Its actually great to see that bitcoin has already started expanding even in the African countries, which is good in my opinion, in the sense that bitcoin will gain more recognition and popularity within those African countries. This might result in the value of bitcoin skyrocketing to new highs since demand will be increasing than the circulating supply.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
November 21, 2017, 01:06:27 AM
#73
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

Probably  the greatest bitcoin achievement in the history. Yet i am still hoping that it could go through to the poorest countries around the world. There are really good developers in nigeria they used create games yet now good to say they are also adopting

Thumbs up!

Africa with Bitcoin is currently led by South Africa, Nigeria, and Kenya.
hero member
Activity: 1246
Merit: 588
November 08, 2017, 12:32:00 AM
#72
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

Probably  the greatest bitcoin achievement in the history. Yet i am still hoping that it could go through to the poorest countries around the world. There are really good developers in nigeria they used create games yet now good to say they are also adopting
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
November 08, 2017, 12:28:33 AM
#71
Africa was adopting crypto currencies due to the value of their fiat, sometime they have to exchange their fiat to USD to buy or to do transactions. But with the help of these digital currency, they can do transaction without hassle and much faster ways.



It'll help them get favorable exchange rates if they need to buy anything using USD again. Bitcoin is becoming the world's 'gold standard'....currently somewhere around 1% adoption. we can see 2% adoption in a couple of years, and probably 5% world adoption in five years.
Anything above 5% = mainstream.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
November 04, 2017, 02:16:54 PM
#70

There's just an abundance of potential and resource there for Africa to sprout up and take help lead a wave technological change in the world. I see them adopt Bitcoin soon and also innovating and creating and tapping into their vast renewable energy resources too.

Africa is host to many great resources, truth and education is key to establishing better futures for her people.
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