I don’t really think that can raise the adoption of cryptocurrency in that country, I have been there before and I have some friends that I used to hang out with there. I have been able to discuss this topic of Bitcoin with them and from what I have seen a lot of them are avoiding Bitcoin because it is volatile and because they are afraid that they can lose their money.
Only the very rich people are investing in it, and they are not much that are into it. Check this – an average salary earner there is making 40k to 50k naira ($130) in a month, and sometimes that money is not enough for them to sort out their problems. So they are afraid that they might lose it. From what I have learnt, they prefer investments that are less risky I guess.
Topic: Bitcoin is getting more adopted in my Country - page 2. (Read 1058 times)
Thank you for sharing your enthusiasm!
It's nice to see users buying BTCitcoin at ATM with their local currency.
It is comfort, simplicity so that any user can buy bitcoin.
Bitcoin and the entire cryptocurrency family is not the future is our present. We are taking small steps for adoption and I applaud your initiative to do seminars to help people get to know Bitcoin.
In my country there is only one ATM there is a lot of work to do to let people know about Bitcoin its advantages and the impetus of a new economy.
It's nice to see users buying BTCitcoin at ATM with their local currency.
It is comfort, simplicity so that any user can buy bitcoin.
Bitcoin and the entire cryptocurrency family is not the future is our present. We are taking small steps for adoption and I applaud your initiative to do seminars to help people get to know Bitcoin.
In my country there is only one ATM there is a lot of work to do to let people know about Bitcoin its advantages and the impetus of a new economy.
I feel very inspired right now. I just came across a video in which there's a Bitcoin ATM in the country! I feel so glad to see how Bitcoin is getting adopted. This proves that after all, our promotion of bitcoin is helping in spreading the news. And we aren't planning to stop the promotion anytime; we're even planning to hold more seminars to help people know about bitcoin. Now, one of the advantages of this Bitcoin ATM is that anyone who doesn't know what Bitcoin is and sees it would ask what the machine is used for, and from there, it just keeps spreading!!! Watch the video here to see how it works. BTW, What progress is happening in your country? If none then try doing more in favour of bitcoin (for countries that find bitcoin legal).
That's a good thing that we need to appreciate somehow. Here in my country, we don't have any bitcoin ATM's yet but the tolerance is way more better compared to other country. There once a time where cryptocurrencies were thought to be scam wherein news everywhere are saying the same thing. I was mad at that moment cause I know that they are only saying those things because they are against bitcoin and other altcoins. Good thing is that after few months, things have gone well and all is back to normal when it comes to crypto.
That's a good thing if that's the case. More countries are recognizing blockchain technology nowadays. Bitcoin and other cryptos are now being widely used in heakthcare services as well as other online services. Despite of the fact that there are still countries wherein blockchain technology is not yet accepted as an official currency due to issues present, development is carrying adaptation of cryptos to many countries.
It's hard to adapt something that is not known especially when you live on a third world country, although we are not poor but the technological advancement here is little in progress, and the cabinet members of our government consists of old people and has a little knowledge about cryptocurrency but there are some huge celebrities here that uses crypto like manny pacquiao and many more, so i think it might take a while for crypto to be recognize here in the philippines and to be adapted by my country.
indeed true but since some countries have already adapted such currency system, it won't be surprising to know that other places would be influenced by those places in which it is widely being used especially if there are no issues being faced by those countries with regards to crypto adaptation. Chances ade high that as technology evolves, such currency system would be recognized by more countries. 
In my country, the government is showing no interest for cryptocurrencies which makes the people feel like bitcoins are just a bubble and not actually a source for investment. There were some random news on some official new channels asking people to stay away from investing into digital assets like bitcoins or anything like this. This might always be demotivating several people who would like to start their career with bitcoins but the country does not support them.
Individually, I have tried to educate most of my friends and family members about bitcoins and some have started getting deeper into the field but yet there are some who would only follow what the government says and would stay away from investing into such assets.
It is true that until now there are still so many country who are not adopting cryptocurrency or bitcoin and their citizens wants to adopt it but their country doesn't like. It would be pretty hard to adopt something that you doesn't have any support from someone. Individually, I have tried to educate most of my friends and family members about bitcoins and some have started getting deeper into the field but yet there are some who would only follow what the government says and would stay away from investing into such assets.
Let's be honest to everyone that cryptocurrency is really a risk to invest on, but how about those people that wants to risk their money in order to gain more than enough money that they can have? This pretty disgusting if your own country doesn't want that. Lets educate other people in our own way on how we will be adopted bitcoin in our lives and hearts.
BTW, What progress is happening in your country?
In our country, Bitcoin is already legalized and for years I don't see any development to it.
Scams all over the country are not uncommon and to be honest, even common lines of scammers are still effective here. That is the reason why a lot of people do not want to use or even invest in cryptocurrencies.
this is also why i think we should not rush Bitcoin and Cryptocurrency to be accepted of legalized,for me?we must let people learn what is this first before the adoptation of each country because only Bad Impression will come each time like this one.
people are not really aware in what can this be?how can affect their life and how can they be a Victim if they have no deeper idea of the uses of Bitcoin and crypto.
I think that average people needs help to understand btc potential and how to use it practically.
I have one very good example in my country.
Many young tourists asked apartment owners if they can pay in btc.
Finally, one local company developed application which allows tourists to pay in btc, app echange btc to local currency and apartment owners receive payment for their service in local currency.
It's good way how to promote btc in public
BTW, What progress is happening in your country?
In our country, Bitcoin is already legalized and for years I don't see any development to it.
Scams all over the country are not uncommon and to be honest, even common lines of scammers are still effective here. That is the reason why a lot of people do not want to use or even invest in cryptocurrencies.
this is also why i think we should not rush Bitcoin and Cryptocurrency to be accepted of legalized,for me?we must let people learn what is this first before the adoptation of each country because only Bad Impression will come each time like this one.
people are not really aware in what can this be?how can affect their life and how can they be a Victim if they have no deeper idea of the uses of Bitcoin and crypto.
I feel very inspired right now. I just came across a video in which there's a Bitcoin ATM in the country! I feel so glad to see how Bitcoin is getting adopted. This proves that after all, our promotion of bitcoin is helping in spreading the news. And we aren't planning to stop the promotion anytime; we're even planning to hold more seminars to help people know about bitcoin. Now, one of the advantages of this Bitcoin ATM is that anyone who doesn't know what Bitcoin is and sees it would ask what the machine is used for, and from there, it just keeps spreading!!! Watch the video here to see how it works. BTW, What progress is happening in your country? If none then try doing more in favour of bitcoin (for countries that find bitcoin legal).
The same also happened in our country, even if the government is not yet fully open to crypto currencies but still XRP team was able to convince one of our banks to launch a crypto ATM in our country. As what I heard so far, there are already crypto ATM's that are present in our capital and I am very impressed how crypto currencies are spreading that much. I also got excited about it and I am inspired to earn more profit in crypto currencies from now on by using my skills, knowledge and my effort.
Great to see that good development in Xrp side since there are more chance for the other top alt's to be listed on crypto ATM machines, but I don't know if there's a crypto ATM available on our country but the good thing is our local cryptowallet provide already accept XRP and BCH for deposits and withdrawal.
less precise if you say this is adopted but it is more appropriate to accept bitcoin as an alternative payment but not replace the applicable currency and not make transactions using bitcoin.
Bitcoin ATM lol, I prefer to call that machine Instant Exchange Automated Machine
it functions very much like an instant exchange machine
Bitcoin ATM lol, I prefer to call that machine Instant Exchange Automated Machine
it functions very much like an instant exchange machine
Any name will be ok regarding on that matter but what important is the functionality if it runs smooth then it will be ok and fine for us.
less precise if you say this is adopted but it is more appropriate to accept bitcoin as an alternative payment but not replace the applicable currency and not make transactions using bitcoin.
Bitcoin ATM lol, I prefer to call that machine Instant Exchange Automated Machine
it functions very much like an instant exchange machine
Bitcoin ATM lol, I prefer to call that machine Instant Exchange Automated Machine
it functions very much like an instant exchange machine
I feel very inspired right now. I just came across a video in which there's a Bitcoin ATM in the country! I feel so glad to see how Bitcoin is getting adopted. This proves that after all, our promotion of bitcoin is helping in spreading the news. And we aren't planning to stop the promotion anytime; we're even planning to hold more seminars to help people know about bitcoin. Now, one of the advantages of this Bitcoin ATM is that anyone who doesn't know what Bitcoin is and sees it would ask what the machine is used for, and from there, it just keeps spreading!!! Watch the video here to see how it works. BTW, What progress is happening in your country? If none then try doing more in favour of bitcoin (for countries that find bitcoin legal).
The same also happened in our country, even if the government is not yet fully open to crypto currencies but still XRP team was able to convince one of our banks to launch a crypto ATM in our country. As what I heard so far, there are already crypto ATM's that are present in our capital and I am very impressed how crypto currencies are spreading that much. I also got excited about it and I am inspired to earn more profit in crypto currencies from now on by using my skills, knowledge and my effort.
It's hard to adapt something that is not known especially when you live on a third world country, although we are not poor but the technological advancement here is little in progress, and the cabinet members of our government consists of old people and has a little knowledge about cryptocurrency but there are some huge celebrities here that uses crypto like manny pacquiao and many more, so i think it might take a while for crypto to be recognize here in the philippines and to be adapted by my country.
I'm glad to hear that there are countries continually being more engaged to Bitcoin now than before. In our country, there are numerous cryptocurrency enthusiats, regardless of age, gender and ethnicity. Through the years, the numbers of Bitcoin users have been multiplied yet, none of these posted major adoption here in the forum such as ATM machines and physical stores accepting cryptocurrency has been witnessed in our country. In my opinion, the legality of cryptocurrency is the main hindrance as to why no one would to dare to let out into action their enthusiasm in making a move to raise awareness and adoption in the community for the reason of being charged for legal grounds.
I'm so glad that your country has an bitcoin ATM machine that you easily convert your money into bitcoin. Yes, your country is trying to support bitcoin in that way and it's really appreciate to all bitcoin users. Here in the Philippines doesn't have a bitcoin ATM machine just like your country but there's a way to convert our currency into bitcoin by just cash in our currency into stores that supports e-wallet and after that if we want to convert our currency into bitcoin, but before we successfully converted, it added some taxes or a transfer rate fee. So that it is an expensive for us to convert our currency into bitcoin.
In my native country since it is democratic , people won a hard fought war against the government , now bitcoins is not legal but the government cannot ban it , for now .
People are very active considering how they are putting up new ICO's online and new platforms are emerging.
The country where am living in right now just made bitcoins legal , this is amazing considering how now people will find projects concerned with bitcoins since they are not that enthusiastic about it I would say.
The majority doesn't even care about Bitcoin but am sure the remaining population is gonna work its way in . Hopefully we soon have some ATM's coming up and conferences here .
People are very active considering how they are putting up new ICO's online and new platforms are emerging.
The country where am living in right now just made bitcoins legal , this is amazing considering how now people will find projects concerned with bitcoins since they are not that enthusiastic about it I would say.
The majority doesn't even care about Bitcoin but am sure the remaining population is gonna work its way in . Hopefully we soon have some ATM's coming up and conferences here .
BTW, What progress is happening in your country?
In our country, Bitcoin is already legalized and for years I don't see any development to it.
Scams all over the country are not uncommon and to be honest, even common lines of scammers are still effective here. That is the reason why a lot of people do not want to use or even invest in cryptocurrencies.
Quote
even common lines of scammers are still effective here.
Woah! This is pretty bad. I mean, this is more serious than I was thinking. And with the case that their lines are still effectively remembered there, there will be a very slow rate of adoption. Well, for the first time I don't have an idea to counter an issue.
I feel very inspired right now. I just came across a video in which there's a Bitcoin ATM in the country! I feel so glad to see how Bitcoin is getting adopted. This proves that after all, our promotion of bitcoin is helping in spreading the news. And we aren't planning to stop the promotion anytime; we're even planning to hold more seminars to help people know about bitcoin. Now, one of the advantages of this Bitcoin ATM is that anyone who doesn't know what Bitcoin is and sees it would ask what the machine is used for, and from there, it just keeps spreading!!! Watch the video here to see how it works. BTW, What progress is happening in your country? If none then try doing more in favour of bitcoin (for countries that find bitcoin legal).
I don't really see it as adoption, it's more like enabling the Nigerians to get some BTC in an easier manner. A little but sweet development for BTC in your country, and I'm happy to know you've now got an option to purchase and sell in a physical way.It is just the beggining maybe we cannot literally say that it was an adoption, if more and more people become aware about bitcoin they will probably try to buy some of it and maybe share the news with their friends or in social media. In this case we can generate mass adoption and finally if more and more people buy bitcoins to the price of bitcoin will go up.
Lol, it is actually the beginning. However, it is adoption. You can't find a bitcoin ATM in a country that isn't adopting bitcoin. I don't know if you're getting my point. Also, this is just the beginning; there's more to happen.
I live in Ukraine and BTC was most popular in 2016-2017. Now it's less popular, I don't know the reasons
I think that is because bitcoin price is down deeper now than in that year so people will not invest their money in bitcoin for a while. Maybe many people get stuck at a higher price in that year, so they are regret to buy in that year because they think that the price in that year will still increase higher. I think if bitcoin price can grow at least hit $15k, people will come back to bitcoin and invest their money in bitcoin but I am not sure if in that time will be a good time to invest in bitcoin.
BTW, What progress is happening in your country?
In our country, Bitcoin is already legalized and for years I don't see any development to it.
Scams all over the country are not uncommon and to be honest, even common lines of scammers are still effective here. That is the reason why a lot of people do not want to use or even invest in cryptocurrencies.
That’s really good and from what I can see that’s the only bitcoin ATM in that country. Imagine that people come across it and ask what it is all about and whether it’s the normal ATM and then they are being told its not, but is a bitcoin ATM.
Even those that don’t know about bitcoin would be interested in knowing what it is. It is very good, though that doesn’t show that there is any adoption. The ATM is owned by blockstale, a retailer exchanger for bitcoin in that country. It’s just a way to make their retailing easier but doesn’t mean that it is going to increase the adoption for bitcoin in that country. It’s a really good thing though.
Even those that don’t know about bitcoin would be interested in knowing what it is. It is very good, though that doesn’t show that there is any adoption. The ATM is owned by blockstale, a retailer exchanger for bitcoin in that country. It’s just a way to make their retailing easier but doesn’t mean that it is going to increase the adoption for bitcoin in that country. It’s a really good thing though.
hopefully, one day we shall have bitcoin atm also in my country. The adoption of blockchain technology is growing increasingly in my country and Africa at large but I have not heard anybody or see where you can make a withdrawal with the atm bitcoin machine. All we do is to exchange the bitcoin into local currencies through local exchangers and withdraw it through atm or bank transfer. Although other services such as airtime purchase and power bill payment are being done using crypto
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