Topic: Ok So I Just Sent £1000 of BTC to a Friend in Northern Namibia.. Now What? - page 3. (Read 4218 times)

Yeah.


Lol. Did you read the posts after that?

No I read this first. I think you should visit some anger management classes to calm yourself as fast as possible.

lol it's getting ridiculous now how people don't actually read anything properly anymore, we should call these fuckers out I think because often they end up completely derailing the thread.

He said he was trying to figure out a way to send money to his wife's parents in Namibia, did you even read the previous posts?

Instead of complaining about how nobody uses it you could find somebody who's willing to experiment with it and sell it to them, but as you said, that's not possible because you just made the story up, in that situation what you would do is find several people to sell the coins to and sell the £1000 worth of it in chunks.

Of course, this means that you actually have to take some initiative, I would have turned it into a small event and help explain what Bitcoin is to people, that's how you get them interested and spread it's use.

I keep coming back to this video whenever somebody complains about the use of Bitcoin, a family in your situation went and did it rather than saying nobody knows about it and giving up - https://www.youtube.com/watch?v=BrRXP1tp6Kw

Maybe he could use gyft to buy gift cards and use them to get the stuff he wants ordering through his phone but it depends on which shops will ship to his PO box.

I think you should have just said that it's a hypothetical question. People might accuse you of lying lol.

Did you try searching this up on google(You should provide more info as redsn0w said, about your needs and the bitcoins in Namibia):
https://www.google.com.au/search?client=safari&rls=en&q=send+money+to+Namibia&ie=UTF-8&oe=UTF-8&safe=active&gfe_rd=cr&ei=NMkPVc2CLbPu8wf5_oHwBQ#safe=active&rls=en&q=send+money+to+Namibia

No one has asked what he wants/needs the BTC for?


I'm sure postage to many parts of Africa is pretty poor but not impossible. They can buy anything anyone in a developed country can buy and get it posted.


Also of course https://localbitcoins.com/country/NA

As we said bitcoin is not ready for all the world population, some people don't have the knowledge to use it. Other people don't have a bank account so they cannot easily convert bitcoin to fiat money (they have to use localbitcoins).

In your situation I suggest you to inform more about the bitcoin "ecosystem" in Namibia.

As some of you guessed I didn't really send £1000 worth of bitcoin to Namibia but what I wanted to do was discuss and highlight the difficulties of using the currency in places where it would be most beneficial.
I am married into a Namibian family. My wife likes to send funds to her parents in Namibia every couple of months. She has been doing this for the last 9 years.

Currently they use one of her bankcards and she has given them her PIN. She uses a UK bank account specifically for the purpose.
So, when she decides she wants to send money she transfers money from regular account to the account her parents have a card for and just does a regular bank transfer. This works fine however she probably shouldn't have given her card and PIN to someone else.

Most people are not in a position to do this.

Prior to doing it this way or if their are some issues with the account she would use Western Union.

I showed her how simple is is to send btc if you have Mycelium installed on your phone. But we were discussing what you would do with it.

At this point LocalBitcoins is proberbly out of the question, The nearest big town is a two hour drive away. Travel to Cape Town involves a flight.
PayPal.. I don't know. I had a bad experience with it related to bitcoin previously.

I guess bitcoin just isn't ready for these communities yet.

so he can't convert to his local zone?

just use localbitcoin then, i can also advise paypal if you can do it here with a trusted member, i see no problem with charge back

What about Kipochi. Their site seems promising. https://www.kipochi.com/namibia/bitcoin

The easiest way is sell your bitcoin
I can't find any exchange site for your currency, but you can try sell your bitcoin at localbitcoin.com

Or you can spend it by buy digital items like video games / amazon gift card

It's either he actually sent the £1000 or he's trying to spark a discussion with the quoted post above.
Bitcoin isn't for the world to use as of yet, it's impossible to have everyone use it as of their remote locations or their status in the economy. With the limited amount, I doubt it will be used by a country as their main type of currency. To tie in with the OP, Bitcoin is still in its early stages. That should be expected, not everyone will be able to convert. If he's dealing with £1000 surely he should have a bank account, he should at least be able to find an exchange online or a person who's willing to trade.

You can try with bit Bitstamp, there is no fee for existing users for next 5 weeks, i assume for new users too. www.bitstamp.net
Bank account, some personal information and scanned documents (ID or passport and proof of residence) is needed to open an account.   

Maybe before sent him these 1'000 dollars you should inform you about the bitcoin situation in Namibia. If he can't exchange bitcoin for USD and then for NAD, he should send back the 1k dollars in bitcoin and you should send these money (to him) through WU or moneygram. Bitcoin is not ready for all the world, some people have never used a credit card or owned a bank account...

He should be able to use localbitcoins: https://localbitcoins.com/country/NA

Or https://www.coincorner.com/ if he can accept credit card payments paid in USD.

if he can not sell his bitcoin to fiat directly, i think the best way for him is to do a double conversion of bitcoin to paypal and then to fiat. just find a trusted person who does paypal exchange.

I think we are missing the point here... OP's imaginary story has hit the nail on the head - truth is Bitcoin is not ready for remittance around the world, not without support of WesterUnion or MoneyGram like services able to exchange it to local currencies. Bitcoin is too new and not very good at most things it's designed for. With time this will change but for now we just have to take a punch instead of sending Namibian man to a Machete exchange (sorry, local bitcoins).

Plenty of reputed sellers in the Namibian section of LBC. Another option is to travel to Cape Town (a few hours away) and to exchange the BTC for SAR. Also, if I am not wrong there are a shops which accept BTC in Cape Town.