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Topic: If people in third world countires all have Facebook , (Read 1082 times)

mirana12345
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If people in third world countires all have Facebook ,
December 17, 2015, 05:02:16 PM
#34
Quote from: bitcoin revo on December 17, 2015, 04:54:05 PM
Quote from: bitsmichel on December 17, 2015, 01:14:19 PM
Quote from: Bitcoinpro on December 17, 2015, 09:31:30 AM
why dont they have acess to their own Crypto Bank/Wallet



They don't have access to the internet. Only some apps like Facebook, if they have access at all.

Eh? Internet good enough for Facebook is Internet good enough for getting a wallet. Using Facebook would use up a lot of data, so it's not like getting a wallet requires a better internet connection than it.

I think he was referring to the 0.facebook version of it, which doesn't charge the consumption of data transferred, and doesn't even show images or videos, just text.
If people in these countries don't have fixes internet connection, or even enough money to pay for basics, i honestly doubt they can or would pay for mobile data packets.
NorrisK
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 04:54:28 PM
#33
Quote from: mtnsaa on December 17, 2015, 04:51:01 PM
If these people (average persons) manage their Bitcoin wallets like they do their profiles they will be out of BTC in a week. Wallets, long address, decimals, qr codes, authorization keys and no refunds is not something for non tech savvy people to mess with.

It can also help to educate them about cyber security. Just remember how you where when you just started on the internet and with your first social media profile.. Atleast for me, it wouldn't have been hard to guess my passwords back then.. Luckily I learned to be more secure without losing anything of value or something.

Also, when I look around, nobody seems to care even the slightest about security. Passwords of 99% of people I know could probably easily be cracked with some info about them. It is not limited to third world countries.
bitcoin revo
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 04:54:05 PM
#32
Quote from: bitsmichel on December 17, 2015, 01:14:19 PM
Quote from: Bitcoinpro on December 17, 2015, 09:31:30 AM
why dont they have acess to their own Crypto Bank/Wallet



They don't have access to the internet. Only some apps like Facebook, if they have access at all.

Eh? Internet good enough for Facebook is Internet good enough for getting a wallet. Using Facebook would use up a lot of data, so it's not like getting a wallet requires a better internet connection than it.
randy8777
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 04:53:49 PM
#31
Quote from: maokoto on December 17, 2015, 04:31:58 PM
They should have indeed. For some countries, the low earnings obtained through faucets may even be meaningful at their life costs.



of course. what we consider to be not worthy time wasting faucet payouts, are a good extra income for people from third world countries. for these people farming faucets is a more than good time investment.
mtnsaa
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 04:51:01 PM
#30
If these people (average persons) manage their Bitcoin wallets like they do their profiles they will be out of BTC in a week. Wallets, long address, decimals, qr codes, authorization keys and no refunds is not something for non tech savvy people to mess with.
mirana12345
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 04:46:03 PM
#29
Quote from: MTBTT on December 17, 2015, 04:33:04 PM
Quote from: Bitcoinpro on December 17, 2015, 09:31:30 AM
why dont they have acess to their own Crypto Bank/Wallet



Because they haven't heard the concept of Cryptocurrencies yet. If they did, everyone in Africa or elsewhere would be using BTC because how convenient and efficient the system is.

Facebook on the other hand is pretty well known, even in 3rd world countries.

Are they not using some sort of cellphone banking in Africa (there was some projects even made possible by Bill Gates regarding that ) ?

The people in third world countries have barely enough money to buy groceries and for basic needs, so there's little chance of seing them
utilizing blockchain tech, or bitcoin for that matter. Don't see the point in targeting that sort of clients/users .
lolgato
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 04:36:57 PM
#28
I'm from a third world country I have Facebook rarely use it and I'm using bitcoins and buying it no problems with me.
MTBTT
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 04:33:04 PM
#27
Quote from: Bitcoinpro on December 17, 2015, 09:31:30 AM
why dont they have acess to their own Crypto Bank/Wallet



Because they haven't heard the concept of Cryptocurrencies yet. If they did, everyone in Africa or elsewhere would be using BTC because how convenient and efficient the system is.

Facebook on the other hand is pretty well known, even in 3rd world countries.
maokoto
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 04:31:58 PM
#26
They should have indeed. For some countries, the low earnings obtained through faucets may even be meaningful at their life costs.

gentlemand
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 04:22:25 PM
#25
There is no risk with Facebook. You don't have to learn anything. You just plug in and start posting duck pouts.

BTC is a matter of awareness and education wherever you go in the world. There's also the issue of how you obtain it in the first place. If you don't have a pot to piss in or any kind of banking then it's not going to be very high on your list of priorities.

Third world shitholes aren't going to be anywhere near as fertile as developing countries that are hungry to better themselves.
bitsmichel
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 01:14:19 PM
#24
Quote from: Bitcoinpro on December 17, 2015, 09:31:30 AM
why dont they have acess to their own Crypto Bank/Wallet



They don't have access to the internet. Only some apps like Facebook, if they have access at all.
Blind Legs Parker
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 12:34:16 PM
#23
Quote
yes and guiding them to cheaper but strong altcoins
Quote
Buying bitcoin in a 3rd world currently would be quite difficult i would think due to the price, Which is only going to get higher. Btc is pretty expensive in 1st world countries never mind 3rd world.
Why is everyone talking about the price? There isn't any country in the whole world where the poorest guy wouldn't be able to afford buying some satoshis.
And if they buy cheaper alternate cryptos it's the same. If they want security they'll buy litecoins, and let's say that for said amount in local fiat they'd get 0.01 BTC, that sure doesn't sound like much because of the zeros, whereas in litcoins, 1 LTC sound much better, but in the end, it's the same amount of money. Just LTC is (roughly) a 100 times cheaper, so if you buy LTC you'll have the feeling that you're holding more money, but that feeling is wrong. It's actually the same amount of money. (And well, if they don't mind security then the prospect of getting rich with low starting funds is higher but the risk is higher as well).
At any rate can you or can you not afford to invest in something has literally nothing to do with the price of what you're investing in. Only the market, prospects, and degree of risk matter. The price doesn't.
ThunderThomas
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 12:24:55 PM
#22
I think it's because of the things that they need to even own a wallet is not directly available to them. You're going to need internet to set up a wallet or even download one to have it offline. To make money, everything revolves around internet.
richardsNY
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 12:22:20 PM
#21
Quote from: tarsua on December 17, 2015, 12:07:26 PM
Because most of them dont know what crypto is, it pains me to see people only use the internet for social media only when it has so much more possibilities

It has all to do with the companies there that are having too much power and are charging high fees for their services. They don't want these people to know Bitcoin. If these people would all switch to Bitcoin, then these companies will suffer massively. They don't care about the people. They only care about profit.
jt byte
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 12:20:11 PM
#20
Having facebook and using it actively are 2 different things. Remember most of them have Internet at public places; University's, libraries etc.
Their village and most of the time, also in their home is not equiped with Internet.

If you want bitcoin to be used, it should be accessable 24/7
pawel7777
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 12:17:58 PM
#19
Quote from: Amph on December 17, 2015, 12:10:13 PM

well ignorance is when you don't know something not when you are stupid, i didn't mean that with ignorance, probably they do not care also about the newest technology, their mindset is different, too accustomed with easy things

ignorance =/= not knowing. Ignorance is when you ignore the knowledge and choose not to educate yourself on something.

You can't call someone 'ignorant' when such person doesn't have time/resources to get the knowledge. Referring to such person as 'ignorant' is... ignorant.

Definition from Wikipedia:

Quote
Ignorance is a state of being uninformed (lack of knowledge).[1] The word ignorant is an adjective describing a person in the state of being unaware and is often used as an insult to describe individuals who deliberately ignore or disregard important information or facts. Ignoramus is commonly used in the UK, Ireland, and the US as a term for someone who is willfully ignorant.

But yeah, I agree with different mindset thing. But then again, if someone sees direct, financial benefits from using BTC, then the decision to learn about it should be much easier.
Amph
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 12:10:13 PM
#18
Quote from: pawel7777 on December 17, 2015, 11:57:15 AM
Quote from: Amph on December 17, 2015, 10:48:02 AM
Quote from: ultimatesky on December 17, 2015, 09:52:25 AM
Because most of the internet in third world countries have slow internet. Third world countries are not as developed as the western country so their technology and such are like 10 years behind for us.

you don't need fast connection to enter in the crypto world, i think more toward the fact that they don't even know what crypto is and surely don't know what bitcoin is

in third countries there is a larger ignorance

I wouldn't call that ignorance. I'd say it's more about people in 3rd world countries are most (if not entirely) focused on the basic needs, for that reason they don't have time (and tools) to research and learn about new things.

In order for the BTC to kick off in those countries, they would need to have basic infrastructure starting with reliable BTC/local currency exchanges. Next thing to do is to enable all those (possibly unbanked) freelancers/local artists/farmers/craftsmen etc to sell their goods/services to the 'western' world using Bitcoin as payment system. That's not easy, but there's a huge potential there.

well ignorance is when you don't know something not when you are stupid, i didn't mean that with ignorance, probably they do not care also about the newest technology, their mindset is different, too accustomed with easy things
tarsua
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 12:07:26 PM
#17
Because most of them dont know what crypto is, it pains me to see people only use the internet for social media only when it has so much more possibilities
MaritiJames3
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 12:04:26 PM
#16
Quote from: pawel7777 on December 17, 2015, 11:57:15 AM
Quote from: Amph on December 17, 2015, 10:48:02 AM
Quote from: ultimatesky on December 17, 2015, 09:52:25 AM
Because most of the internet in third world countries have slow internet. Third world countries are not as developed as the western country so their technology and such are like 10 years behind for us.

you don't need fast connection to enter in the crypto world, i think more toward the fact that they don't even know what crypto is and surely don't know what bitcoin is

in third countries there is a larger ignorance

I wouldn't call that ignorance. I'd say it's more about people in 3rd world countries are most (if not entirely) focused on the basic needs, for that reason they don't have time (and tools) to research and learn about new things.

In order for the BTC to kick off in those countries, they would need to have basic infrastructure starting with reliable BTC/local currency exchanges. Next thing to do is to enable all those (possibly unbanked) freelancers/local artists/farmers/craftsmen etc to sell their goods/services to the 'western' world using Bitcoin as payment system. That's not easy, but there's a huge potential there.

I agree, most people in third world countries are not even thinking about other options to make money. To them surviving is number one thing to do. Some people can't even afford a roof above their heads or can't even have 3 meals a day. They got better things to worry about.
helloeverybody
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Re: If people in third world countires all have Facebook ,
December 17, 2015, 11:58:09 AM
#15
Buying bitcoin in a 3rd world currently would be quite difficult i would think due to the price, Which is only going to get higher. Btc is pretty expensive in 1st world countries never mind 3rd world.
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