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Topic: If people in third world countires all have Facebook , - page 2. (Read 1085 times)

legendary
Activity: 2436
Merit: 1561
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.
full member
Activity: 196
Merit: 100
I don't know about cryptobank stuff but 3rd world countries definitely have scammers emanating from them and they definitely use bitcoin.  But in the ultrapoor ones I'm sure bitcoin is a luxury if people even know about it (which they probably don't).
legendary
Activity: 3248
Merit: 1072
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
legendary
Activity: 1512
Merit: 1000
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.

Have you ever tested internet speeds in semi-rural/rural areas in the UK? Industrial areas are pretty much the same Smiley. Time travel to the early 2000's :/. You can get far better internet speeds in Tunisia, Egypt and many other 3rd world countries.


BTW this third world is a funny thing. By definition third world countries were the non-aligned or neutral countries during the cold-war including a bunch of undeveloped shitholes, but also including Sweden Switzerland, Finland, Singapore and the countries of the Arab peninsula. This later group have some of the best communication infrastructure on the whole world Smiley.
legendary
Activity: 1358
Merit: 1000
it's early. I would guess that Africa may surpass the west in bitcoin use at some point. The economies there are ripe for a bitcoin option. Kinda like what happened to cell phones in the third world. Many places skipped the land line phase and saw greater mobile use than the developed world.

telcos could provide a fee for wallets to use  mobile wifi, the same way u can get fb

only mobile wifi at a cheaper rate
full member
Activity: 182
Merit: 100
Pollak
I guess because they choose not to use services like these. I would though if I was living in one. Satoshi would be very valuable in those countries if you exchange it. But not too sure if that would be worth it too since I can imagine how slow the internet could be in those third world countries.
legendary
Activity: 1358
Merit: 1000
Probably because they choose not to gain acces to these services?

I guess they just don't see the need to spend the little fiat they get on something like bitcoin. They have other things to worry about.
Maybe some crypto education could change this.

yes and guiding them to cheaper but strong altcoins
hero member
Activity: 952
Merit: 503
Because they don't believe in it
hero member
Activity: 714
Merit: 500
SkyFall
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.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
it's early. I would guess that Africa may surpass the west in bitcoin use at some point. The economies there are ripe for a bitcoin option. Kinda like what happened to cell phones in the third world. Many places skipped the land line phase and saw greater mobile use than the developed world.
legendary
Activity: 1946
Merit: 1007
Probably because they choose not to gain acces to these services?

I guess they just don't see the need to spend the little fiat they get on something like bitcoin. They have other things to worry about.
Maybe some crypto education could change this.
legendary
Activity: 1358
Merit: 1000
sr. member
Activity: 457
Merit: 274
why do u even have facebook
legendary
Activity: 1358
Merit: 1000
why dont they have acess to their own Crypto Bank/Wallet

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