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Topic: South Africa Delivers the most Bitcoin-friendly Innovation - page 2. (Read 466 times)

legendary
Activity: 2828
Merit: 1497
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Good thing to hear about in such troubling times we are in now. This brings two things important so to make bitcoin adoption easier:
1, Gives youth an avenue of knowing how and what to use bitcoin for in their daily lives.
2. Has another country to see bitcoin as a means rather than an end to financial freedom.

You got to start from somewhere and build upon it from there. And this shows how this is being done in this African nation.
hero member
Activity: 812
Merit: 560
This is a good initiative and has alot of benefit to create among the growing populace of the young generation, also we must tlbe careful by not deviating fron the main purpose in doing this by ensuring the negative side is not allowed to overshadow the expected results and imoact on our children, remember everything good had negative side in which may manifest if not taken care of, we must not fail in helping the children get exposed to only the good side if it all whereby they can develop rach other to the relevant future ahead.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
Are they able to withdraw their bitcoin too?

If the only purpose is to earn it to spend with vendors then that sounds like it's being used more as a gift card than actually giving them experience in using cryptocurrency (or maybe I've read that wrong).

Hopefully this idea will be taken forward and done in places such as schools where more people are able to learn a boy t it (most charities that reach out to children, including educational ones, normally don't get that many compared to how many schools can).
legendary
Activity: 3234
Merit: 5637
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Maybe I misunderstood something, but I didn't find anything that would connect these kids to Bitcoin in the sense that they do something to get paid, but their coaches who teach them to surf are paid in Bitcoin. These trainers then try to pass on their knowledge to everyone else, including children - creating something similar to Bitcoin Beach in El Salvador.

However, it is interesting to see that children can obviously very easily master paying with Bitcoin, which in this case is LN - so if it is not a problem for them, then it will not be a problem for the older population either.



In your opinion, how far behind is our country when in fact the government does not want or does not provide support for something like this to happen? if under the pretext of no financial control then how jealous we are of African countries which in the next 5 to 10 years will be at the forefront of digital transactions, especially Bitcoin for the younger generation.

I think these are rare examples for which it is difficult to find an example in some other countries (with the exception of El Salvador). Consequently, it is not realistic to expect such things to happen in some developed countries, but in countries where people are much more left to themselves and the government does not care too much if someone promotes Bitcoin in this way. However, I am not sure that we can talk about the fact that Africa as a continent will be ahead of others when it comes to digital transactions (especially Bitcoin), because not all African countries are equal when it comes to human rights, the level of economic development and the level of corruption.
hero member
Activity: 3038
Merit: 617

Even more interesting, is what happened two weeks ago.
There's 20 kids earning rewards, between the ages of 9 and 14.
A group of them, not all of them, but a significant number of them, came together and made a proposal to the coaches, of their own accord.

What did they ask kids to do? 

With phones so cheap that one can buy them for just $25, we can be sure every other country that doesn't illegalize BTC wouldn't really be that far behind in adoption. Africa is taking it to the higher bar with thier innovation. We also knew they were able to have an option to send BTC thru SMS.

hero member
Activity: 1974
Merit: 586
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As reported from the Bitcoin Ekasi Twitter post I found children in Africa doing daily grocery shopping using Bitcoin. The child from Africa has been digitally literate since childhood, through Bitcoin Ekasi or often referred to as a non-profit organization has succeeded in creating bitcoin economic programs in various cities in South Africa. The organization partners with a company called The Surfer Kids to empower children from an early age to earn money. The most famous of the program is surfing training. As a result, the child will get a salary in Bitcoin. With the work that the child gets, he can spend Bitcoin at several vendors who have partnered with Ekasi.

The positive point that I take is that this kind of program stage is really effectively implemented. Where to introduce the world of Bitcoin by way of direct transactions. So that in the future they are familiar with the digitalization payment process.

In your opinion, how far behind is our country when in fact the government does not want or does not provide support for something like this to happen? if under the pretext of no financial control then how jealous we are of African countries which in the next 5 to 10 years will be at the forefront of digital transactions, especially Bitcoin for the younger generation.


Source :
https://bitcoin-bay.org/
https://www.thesurferkids.com/
https://twitter.com/BitcoinEkasi/status/1554539426126204928
https://bitcoinmagazine.com/culture/bitcoin-ekasi-township-one-year-later
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