Nations that open up their economies to blockchain and crypto will keep on gaining. In the US, I've seen Vermont, California, Wyoming, and Florida pass laws to attempt and draw in blockchain advancements.
I think its great that Kenya is opening up their nation to it since they assume imperative part in their district, however African nations like South Africa.
The Kenyan Government (to the blondes, Kenya is a nation in Africa)is intending to assemble a blockchain to help digitalization of their administrations.
It must be hard for some nation to see that they are prohibiting crypto and some African nations are opening to embracing for what's to come
I figure they don't require bitcoin, essentially, it is utilized for an unlawful market, while in Kenya it is so bravo to live, with the exception of raising the economy of the nation and the evaluations of the president)
Topic: CRYPTO IS IN AFRICA TO STAY - page 3. (Read 22308 times)
sr. member
Activity: 375
Merit: 1021
Just in case no one loves you, I love you 3000.
Nice to see that blockchain can greatly affect Africa. I can see that the technology will help overcome its continent’s challenges. We all know that corruption and fraud are always a big problem not just in Africa but also in the whole world. Government and its people should embrace blockchain technology; it will offer new solutions to these past problems that we inherent. Blockchain is a very captivating technology that will soon change Africa; it is going to be a powerful tech ever created.
Most African countries are corrupt and this include Kenya. Africa have underlying problem investing on crypto won't solve any damn problem but bread more corruption and high rate of money laundry using decentralized technology, and when they launder money they shade it with been hacked and lacking the necessary security facility. Crypto in Africa will only pose a great danger as you need millions if not billions of local currency just to invest little on bitcoin.. Which will be insecure or not accounted for at the end.
The Kenyan Government (to the blondes, Kenya is a country in Africa)is planning to build a blockchain to support digitalization of their services.
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
Kenya is one of the most corrupt places in Africa, if not the whole Solar system. Bitcoin in Kenya = Blindfolded Money laundering.
I don't see anywhere Bitcoin was mentioned by the OP or is Bitcoin the only BLOCKCHAIN? I believe the applications of blockchain technology expands way beyond cryptocurrency and Kenya is one of the more technologically advanced countries in Africa.
I think the reference was in banning crypto and adapting for future remark. Blockchain's implication in governance or even in mundane accounting is pretty huge.
They attempted something like it a while back, read here : How close did they get to Blockchain before it was 'invented'?
The Kenyan Government (to the blondes, Kenya is a country in Africa)is planning to build a blockchain to support digitalization of their services.
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
Kenya is one of the most corrupt places in Africa, if not the whole Solar system. Bitcoin in Kenya = Blindfolded Money laundering.
I don't see anywhere Bitcoin was mentioned by the OP or is Bitcoin the only BLOCKCHAIN? I believe the applications of blockchain technology expands way beyond cryptocurrency and Kenya is one of the more technologically advanced countries in Africa.
The Kenyan Government (to the blondes, Kenya is a country in Africa)is planning to build a blockchain to support digitalization of their services.
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
When I show African crypto nerds this project they get wild.
https://bitcointalksearch.org/topic/ico-hodler-hardware-wallet-payment-terminal-top100-coins-tokens-3070336
They are 100% ready to skip the fiat money and go 100% crypto. They just need some way to be mobil. The company that solves that get big in Africa.
Found another great post...Bitcoin Expert Reveals 4 Reasons Why Africa Will be Home of Next Crypto Boom:
https://www.inverse.com/article/41984-bitcoin-expert-africa-crypto-boom
https://www.inverse.com/article/41984-bitcoin-expert-africa-crypto-boom
I think that despite the fact that bitcoin technology takes the whole world by storm, entire continents remain in the world, where the spread of crypto currency is moving too slowly to become popular. Most of all, this statement applies to Africa.
François Harris, the founder of Bitcoinzar, an information site for Bitcoin users in South Africa, confirmed a small number of users throughout the African continent.
I know this news that Cardano offers regulatory oversight and consumer confidentiality, which makes it a flexible and scalable technology. It aims to provide a stable and sustainable ecosystem for users. Developers built a technology based on peer-reviewed academic research. The programming language for crypto currency is written in Haskell, which guarantees accurate mathematical code.
The Kenyan Government (to the blondes, Kenya is a country in Africa)is planning to build a blockchain to support digitalization of their services.
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
The blondes ? Is that like "nigger" ? Just whities ?
I'm a nigger, he's a nigger, she's a nigger. Wouldn't you like to be a nigger too.. I have heard of that place.
I will tell all you ignorants some big news. Africa is not a country. It's a continent.
Yes I think. There are financing crypto's qho rely heavily on clients from South Africa. Africans wants to invest on those type of services and crypto is a big bonus for them.I think there are ICO's who fail in other countries but they were able to bounce when they focus on South Africa. The market is huge and there only few competitors.
Again Kenya taking a bold and positive step towards cryptocurrencies on the African continent. Not really surprised anymore as they have proven in the past to be the most open-minded African country to with new/upcoming technologies. Now, 4G Capital, a Nairobi-based microfinance and training company, is to become the first such financial institution to issue a tokenised bond using cryptocurrencies.
http://strategiccoin.com/kenyan-microfinance-institution-to-issue-tokenized-bond-using-cryptocurrency/
http://strategiccoin.com/kenyan-microfinance-institution-to-issue-tokenized-bond-using-cryptocurrency/
Also try to check on Kenya's Phone money banking system that has been there for a decade or more and never been hacked
I agree. Crypto will be huge in Africa. The previous bounty that I have joined failed in Europe,they never got listed no matter how hard they tried. A few months after, they decided to start a new journey in Africa. Everything turned the right way because it seems that there's not a lot of competition in Africa. They have a huge market there, around 40 million possible clients. Crypto is there to stay because its profitable.
the lending platforms made it worse for everyone else now but soon the crypto will be back on track
I agree. Crypto will be huge in Africa. The previous bounty that I have joined failed in Europe,they never got listed no matter how hard they tried. A few months after, they decided to start a new journey in Africa. Everything turned the right way because it seems that there's not a lot of competition in Africa. They have a huge market there, around 40 million possible clients. Crypto is there to stay because its profitable.
The Kenyan Government (to the blondes, Kenya is a country in Africa)is planning to build a blockchain to support digitalization of their services.
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
It a good development to see Kenyan adopting blockchian technology and to the African continent at large despite the fact that some of the acclaimed first world countries are busy banning blockchian technology related activities. It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
here is the good news brother. Kenyan President just launched block chain technology taskforce. They are building their blockchain to help run all the government service especially the Land ministry.
1) https://www.nation.co.ke/lifestyle/smartcompany/Blockchain-roots-deepen-Kenya-/1226-4092118-o2i2go/index.html
2) the Minister for information launching the task force team:
- http://bitcoinafrica.io/2018/03/01/kenyablockchain-and-artificial-intelligence-taskforce/
Again Kenya taking a bold and positive step towards cryptocurrencies on the African continent. Not really surprised anymore as they have proven in the past to be the most open-minded African country to with new/upcoming technologies. Now, 4G Capital, a Nairobi-based microfinance and training company, is to become the first such financial institution to issue a tokenised bond using cryptocurrencies.
http://strategiccoin.com/kenyan-microfinance-institution-to-issue-tokenized-bond-using-cryptocurrency/
http://strategiccoin.com/kenyan-microfinance-institution-to-issue-tokenized-bond-using-cryptocurrency/
Found another great post...Bitcoin Expert Reveals 4 Reasons Why Africa Will be Home of Next Crypto Boom:
https://www.inverse.com/article/41984-bitcoin-expert-africa-crypto-boom
https://www.inverse.com/article/41984-bitcoin-expert-africa-crypto-boom
The Kenyan Government (to the blondes, Kenya is a country in Africa)is planning to build a blockchain to support digitalization of their services.
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
It must be hard for some country to see that they are banning crypto and some African countries are opening to adopting for the future
it is a great opportunity for these countries to put upside down the current global system and find out a new way of being in the global market. Africa have big resources and blockchain can help a lot to tokenize them and empower african economy.
It sad to see the second class countries appreciating and embracing crypto currency and block chain while the first class countries government are sort of against it. Besides, I also heard that the level of how bitcoin was trade in Zimbabwe also help in pumping the price of bitcoin.
The problem with the first class countries are the corrupt political leader and regulator. However. the Zimbabwean bitcoin price is usually ahead of others but the Zimbabwean did not in any way pump the price of bitcoin.
It sad to see the second class countries appreciating and embracing crypto currency and block chain while the first class countries government are sort of against it. Besides, I also heard that the level of how bitcoin was trade in Zimbabwe also help in pumping the price of bitcoin.
good for the africans, they have find ways to keep up with the technology and hopefully it will benefit their country and their people.
Jump to: