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Topic: How bitcoin has employed more African youths. (Read 636 times)

member
Activity: 672
Merit: 16
Bitcoin have done more than so many government when it comes to employment. People wait on government but government fail to give what the people needs. Bitcoin have been doing more, expecially people who give their time to Bitcoin and learn it well benefit from bitcoin.
hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
I enjoy hearing about how people in less privileged countries prosper due to their use of bitcoin. Some of the most successful people in the world come from nothing. Even hearing about how people in third world countries feed their families from signature campaign pay right here on bitcointalk warms the heart. Bitcoin gives opportunities to  so many people worldwide. We can all be thankful in different ways for our early discovery & subsequent adoption of bitcoin.
"Some of the most successful people in the world come from nothing" This is a motivation and a real statement. One thing about every technology is the early adopters. The early adopters always enjoy some cool advantages over others. Though I cannot be called an early adopter but atleast I am not a late adopter and this sector is promising and I know it will evolve more in the coming decades. I am grateful to bitcoin, it has help many Africans.
Bitcoin is Liberty.
I understand how Bitcoin has opened a space for Africa so that its people can keep pace with and contribute to development. Fortunately, this was not only specific to the people of the African continent, but also included all peoples who live in poor countries and are subject to unfair financial policies. I am a resident of one of those countries and I can confirm that my life has changed since I discovered Bitcoin in 2014. I did not become rich, Cool but my life would not have been better without Bitcoin.
hero member
Activity: 1162
Merit: 643
BTC, a coin of today and tomorrow.
I enjoy hearing about how people in less privileged countries prosper due to their use of bitcoin. Some of the most successful people in the world come from nothing. Even hearing about how people in third world countries feed their families from signature campaign pay right here on bitcointalk warms the heart. Bitcoin gives opportunities to  so many people worldwide. We can all be thankful in different ways for our early discovery & subsequent adoption of bitcoin.
"Some of the most successful people in the world come from nothing" This is a motivation and a real statement. One thing about every technology is the early adopters. The early adopters always enjoy some cool advantages over others. Though I cannot be called an early adopter but atleast I am not a late adopter and this sector is promising and I know it will evolve more in the coming decades. I am grateful to bitcoin, it has help many Africans.
Bitcoin is Liberty.
legendary
Activity: 1554
Merit: 1139
Increasingly now than ever, the people of Africa look for a means to do without there government, to have a mean to there livelihood without having the government to reign supreme and Lord over the activities that enriches them. This initiative is one that is born out of several failed government and governance that makes it so difficult to have hope on a future with the government and therefore paves therefore paves way for the need to go solo and anonymous. The best of it all, is the realisation that came off the pandemic, a lesson that most persons learned the hard way.

Fortunately, that's the opportunity crypto seems to present to everyone and no doubt, these youths are utilising it quite well. Even for the wrong reasons too, unfortunately. The bottom line is, for the developing world like almost all African nations are, bitcoin is sure to liberate and make independent entrepreneurs out of unemployed citizens.
hero member
Activity: 1022
Merit: 600
Bitcoin has indeed done credibly well in terms of employment not only in Africa but also around the world, in my side I could count more than hundreds of people which I know that has leverage in these greatest opportunity seen in my life, for both youths and adults who discovered the money making and the employment opportunity that Bitcoin (Blockchain technology) has and dive in.
legendary
Activity: 2184
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
I enjoy hearing about how people in less privileged countries prosper due to their use of bitcoin. Some of the most successful people in the world come from nothing. Even hearing about how people in third world countries feed their families from signature campaign pay right here on bitcointalk warms the heart. Bitcoin gives opportunities to  so many people worldwide. We can all be thankful in different ways for our early discovery & subsequent adoption of bitcoin.
I second that really, in some first world countries signature earnings could be considered to be more or less just 'pocket money', but in some third world countries, let us say earning around $80 a week, sum it up to $320 per month is really a good sum of money and many people who work real jobs do not even earn that much after working for a month.

I am not saying people should rely on signature canpaigns, and i am very sure you are not saying the same, (they should take it as a secondary source of income), but it is just great to know that in one way or another people are benefiting from their knowledge of Bitcoin and their willingness to accept the technology, IIRC the 19th million Bitcoin was mined yesterday and we are basically just left with two million more (and even though we would not be alive to see it all mined), i am very much excited to know what is going to happen in the Bitcoin network in let us say the next 2-3 decades, and to know how far we would have come with mass adoption and all, it feels great to be in this network i must confess.
hero member
Activity: 1008
Merit: 702
Bitcoin has done more good than harm to the people. Bitcoin had led thousands of African youth out of abject poverty. But the fact that  government of these nations never see the advantage of this, of leading many people out of poverty baffles me. Always seeing the disadvantage of this and end up given it a ban is so annoying. But we never relent, we keep pushing and exploring through the crypto market and get new opportunities for ourselves.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
I enjoy hearing about how people in less privileged countries prosper due to their use of bitcoin. Some of the most successful people in the world come from nothing. Even hearing about how people in third world countries feed their families from signature campaign pay right here on bitcointalk warms the heart. Bitcoin gives opportunities to  so many people worldwide. We can all be thankful in different ways for our early discovery & subsequent adoption of bitcoin.
member
Activity: 840
Merit: 23
Bitcoin has employed more youths than the government of some African countries. African countries are most times referred to as third world countries because of their under-development and under-civilization caused mainly by bad leadership. Africans have high level of poverty rate and unemployment. These problems made an average African youth to be inferior to his foreign mates. If the youth try to involve in international trade, they will pay high fees.  If they decide to save their money in their country’s weak currency, it will keep depreciating. An average African youth was financially vulnerable until bitcion brought liberty.
I will discuss how African youths earn a living from bitcoin.

FREELANCING
Bitcoin has given Africans with skills the opportunity to earn by creating bitcoin related contents, bitcoin digital marketing, SEO and more.

BITCOIN MINING
Many African youths did not discover or involve in bitcoin mining at the early stage that it was more profitable. The youths are now joining mining pools with whatever hash power they have to make a living out of it.

BITCOIN INVESTMENT
The buy and hodl has enriched many Africans, especially these few years that bitcoin made some successive decent bull run.

BITCOIN TRADING
This is the most popular way Africans make money from bitcoin. Trading has empowered many African youths. But the risky nature of it like trading altcoins, future trades made trading very scary to newbies and they lose money. You need skills to win here.

BITCOIN PAYMENT GATEWAY
Now that many companies are accepting bitcion as payment for online services, Africans that can create payment gateways for companies or help people purchase things on amazon, are meeting ends from bitcoin.

EXCHANGES
The problem of buying bitcoin with fiat or selling bitcion to get fiat is solved in Africa by Africans and they make money from the exchange fees.

BITCOIN LENDING
Lending bitcion to people with some percentage interest is another opportunity that Africans earn from. Traders borrow from lenders, trade with it and make profit and it becomes a win-win situation for the lenders and traders.

BITCOINTALK SIGNATURE CAMPAIGN
Bitcointalk being a bitcoin forum created by Satoshi has given a few Africans the opportunity to earn bitcoin by promoting some companies in the forum.

Bitcoin has brought liberty to Africa.


Translation: Nigerian Local Board (pigin)

This is very true, especially in the part of the world where I stay, Bitcoin has done tremendously well for so many of us and I can't tell if the financial freedom is what brought about the ban from our government.
We're still pushing though and we'll definitely get there.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
Well, it is a sad fact that the forum will become a source of income for most users which is not supposed to be.

Which is why I'm not much of a support of the OP including signature campaign in this content because if you're taking statistics based on the region he highlighted in the OP, the statistics of African profiting from the forum in regards to engaging in signature campaign or even bounties is not upto 0.1% and this isn't just about the Africa population at large but just those that are enlightened on what Bitcoin and cryptocurency are all about.

The bounties section has more of Asians and yes I'm a bounty mangers and from the users I see enrolls that's where the majority are coming from. On the other hand, it isn't a sad fact that the forum is becoming a source of income although the privilege shoudn't be misuse. We're entering into a period where we should be able to earn from where we spend most of other time and the social platforms are making that possible so the forum is just another example.
hero member
Activity: 1064
Merit: 501
Bitcoin has helped tremendously in creating fortunes for African youths. Since the African government refused to provide employment and enabling environment for its citizens, her youths have created employment for themselves that will help to sustain and build their future. African governments are not helping matters, they are all enriching themselves and their families forgetting the welfare of their citizens.
The youths are the leaders of tomorrow but in Africa, the reverse is the case. The old leaders keep ruling
legendary
Activity: 2184
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
Bitcoin has employed more youths than the government of some African countries. African countries are most times referred to as third world countries because of their under-development and under-civilization caused mainly by bad leadership. Africans have high level of poverty rate and unemployment.
I stay in this part of the world, so I understand first hand everything you're talking about, and you're very correct, unemployment rate has always been high, but since the start of the pandemic it has gotten far worse and it doesn't look like getting better any sooner, I'm happy for smart Africans that have utilized and harnessed the Bitcoin opportunity that's at their doorstep, I know quite a lot of people who still remain skeptical just cause of how the media in Africa has portrayed Bitcoin as a Ponzi of some sort, just in a bid to scare people from taking their finances into their own hands, I'm pretty sure sooner or later, most of such individuals would understand the benefits of being their own bank in the network and also try to take the advantage it offers.

Having said that, despite the fact that most African governments impoverish her citizens through embezzling funds meant for the development of the country, they are still trying to stop their citizens from using Bitcoin that's giving them some sort of hope, the Nigerian government for example placed some sort of ban on crypto some months back, and I really find moves such as this appalling, though since Bitcoin is decentralized and not controlled by anyone, it's somewhat difficult to implement such ban/sanctions, people have found other ways to carry out their transactions, such as P2P trade, etc, it's only a matter of time before the government finds out that Bitcoin is unstoppable.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
it's phenomenal and all people can get bitcoin/free for free just without liking the weather, just following the bounty and forum, hopefully more people will know and want to learn for an income on the forum.
With signature campaign, bounties and many like that, you will be given a task to do before you will be paid, not getting bitcoin or altcoin free, you will have to work, if your work is not complete, no payment.

Of all available opportunities mining is more tudious and very demanding and due to power instability there would be limitations to Africans having a good mining pool. Other options can be easily achieved with a good knowledge about how they all work
This is what I am thinking too, that crypto mining is not Africa thing, only few will be mining in Africa, they will prefer to invest. There are few countries that will prefer to be mining bitcoin, these are countries with cheap electricity which mining will be profitable, countries like United States of America, Kazakhstan and Russia which are not African countries.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
. These problems made an average African youth to be inferior to his foreign mates. If the youth try to involve in international trade, they will pay high fees.  If they decide to save their money in their country’s weak currency, it will keep depreciating. An average African youth was financially vulnerable until bitcion brought liberty.
I will discuss how African youths earn a living from bitcoin.
Despite the under development and poor infrastructure Africans still have this hidden skills that echos across the world if brought to lime light. One of the limitations Africa face is lack of human empowerment but thanks to David chaum the founder of the first digital currency even though it failed but his innovation brought about the impact we feel today,thanks to Satoshi for Bitcoin we all benefit from today and other crpto currency founders who have made the
Opportunity open to the world and created a way of earning passively.

Quote
FREELANCING
Bitcoin has given Africans with skills the opportunity to earn by creating bitcoin related contents, bitcoin digital marketing, SEO and more.

BITCOIN MINING
Many African youths did not discover or involve in bitcoin mining at the early stage that it was more profitable. The youths are now joining mining pools with whatever hash power they have to make a living out of it.

BITCOIN INVESTMENT
The buy and hodl has enriched many Africans, especially these few years that bitcoin made some successive decent bull run.

BITCOIN TRADING
This is the most popular way Africans make money from bitcoin. Trading has empowered many African youths. But the risky nature of it like trading altcoins, future trades made trading very scary to newbies and they lose money. You need skills to win here.

BITCOIN PAYMENT GATEWAY
Now that many companies are accepting bitcion as payment for online services, Africans that can create payment gateways for companies or help people purchase things on amazon, are meeting ends from bitcoin.

EXCHANGES
The problem of buying bitcoin with fiat or selling bitcion to get fiat is solved in Africa by Africans and they make money from the exchange fees.

BITCOIN LENDING
Lending bitcion to people with some percentage interest is another opportunity that Africans earn from. Traders borrow from lenders, trade with it and make profit and it becomes a win-win situation for the lenders and traders.

BITCOINTALK SIGNATURE CAMPAIGN
Bitcointalk being a bitcoin forum created by Satoshi has given a few Africans the opportunity to earn bitcoin by promoting some companies in the forum.

Bitcoin has brought liberty to Africa.


Translation: Nigerian Local Board (pigin)

Of all available opportunities mining is more tudious and very demanding and due to power instability there would be limitations to Africans having a good mining pool. Other options can be easily achieved with a good knowledge about how they all work
full member
Activity: 378
Merit: 167
betfury

~Snip~
Well, it is a sad fact that the forum will become a source of income for most users which is not supposed to be.
We are here in the forum to learn and discuss further progress of bitcoin and blockchain and that is our primary and objective goal here while earning is a secondary one which is good if we earn and also good if it is not. What if a signature campaign will stop so you are no longer here because you will not earn free bitcoin?
  I agree with you, until this very second, many have quit the forum, maybe it's not just that there aren't any free/selegit bitcoins in the past, because this crypto area is quite wide, not only the signature includes several other promotions that companies need that are easier to get but I myself prefer here (forum) more technical and experience is needed to share,
  that's a good goal bro, we all have careers in forums, indeed the goal is to advance and review a discussion so that it is not raw and can be enjoyed by all users. Between choosing it depends on the character of all users, knowledge/experience can happen outside the forum and shared in fprum I think it's very balanced, I'm grateful to satoshi and all the team in it who make this forum so big and profitable,
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
~Snip~ BITCOINTALK SIGNATURE CAMPAIGN
Bitcointalk being a bitcoin forum created by Satoshi has given a few Africans the opportunity to earn bitcoin by promoting some companies in the forum.
Bitcoin has brought liberty to Africa.
  it's phenomenal and all people can get bitcoin/free for free just without liking the weather, just following the bounty and forum, hopefully more people will know and want to learn for an income on the forum.
Well, it is a sad fact that the forum will become a source of income for most users which is not supposed to be.
We are here in the forum to learn and discuss further progress of bitcoin and blockchain and that is our primary and objective goal here while earning is a secondary one which is good if we earn and also good if it is not. What if a signature campaign will stop so you are no longer here because you will not earn free bitcoin? However, bitcoin really helps in a different way and there are different ways how to earn on it for free but keep in my that we should learn first about it as our protection while having this crypto asset.
full member
Activity: 378
Merit: 167
betfury
  all of them can rise and I hope to be more advanced. this-the reason.in my country also cover about
this about bitcoin happening in africa
.
  we are faced with digitalization and it is undeniable that bitcoin can entertain investors well, other countries will also want to adopt bitcoin with insight with knowledge and risk as well,how flexible crypto/btc is of course that does not have fiat money with its decentralization, I salute and appreciate this point, especially this point,
~Snip~ BITCOINTALK SIGNATURE CAMPAIGN
Bitcointalk being a bitcoin forum created by Satoshi has given a few Africans the opportunity to earn bitcoin by promoting some companies in the forum.
Bitcoin has brought liberty to Africa.
  it's phenomenal and all people can get bitcoin/free for free just without liking the weather, just following the bounty and forum, hopefully more people will know and want to learn for an income on the forum.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
Some of the points you listed aren't valid considering Bitcoin isn't a company but another currency out there although it's special than the rest. Without individual and firms developing companies around Bitcoin it wouldn't be of any benefits to the youths you speak about. Bitcoin isn't employing anyone, this is just like saying Bitcoin is the key to uplifting counties in Africa. Bitcoin through companies and platforms that accept the currency creates this opportunities.

Without platforms for exchange we won't be able to trade our Bitcoin and without the forum we won't have signature benefits etc. Excluding investment that has to do with buying and holding bitcoin the rest points you listed are debatable in respect to the title of your thread which is bitcoin employing the youth although I understood the point you were trying to proved.

Still on the topic will you say Bitcoin employed the youths into scamming as well? With the raised of awareness of the currency and having to see its advantage, the continent at large saw an increase in fraudulent activities but we can't put that on bitcoin.
member
Activity: 294
Merit: 28
Yes, I agree with you....
Most of us weren't up and doing but this platform has made us out ; for the ones that have made out time to work effortlessly, they've also gotten a few bucks that hasn't totally catered for thier needs but has atleast put a square meal on their tables and supported them in shopping new clothes for themselves.
I'm very grateful for the manifestation of this splendid inventory, all thanks to Satoshi
sr. member
Activity: 2828
Merit: 344
win lambo...
You’re absolutely right when it come to bitcoin improvement and benefits in Africa but I will want to know if you took you statistics in West,North, Southern or Eastern Africa. Like you said correctly that Africa is underdeveloped and poor and we all know that we can’t access bitcoin if we don’t have money.. do you think that the growth of bitcoin isn’t one sided ( only the rich in Africa that are benefiting from it).
 How can the poor also benefit from bitcoin without financial support?
Rich people have huge opportunities while poor people are less fortunate, that was the sad reality. Whether which part of Africa that OP has been pointing out, all of us were still have the chance if we want to. Whether you are rich or poor, investing in Bitcoin seems a helping opportunity for all of us to improve our living.

If we are afraid of taking risks, nothing will be able to change. Even saying you are poor, you will remain in that position if you decline this thing (Bitcoin investment).
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