Why is Africa Slow on the Bitcoin Uptake? - page 3.

Fulmand

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Quote from: Hamstead on October 10, 2017, 03:18:55 PM

Quote from: Anonylz on October 10, 2017, 02:40:35 PM

You must know that Africa is a very difficult country, and most people doesnt even have a computer or a smartphone to access to the internet, so it is pretty impossible for them to have bitcoins in their lifes, and you are expecting to have an advanced technology in there?
It is impossible, africa is quite outdated, only those countries that are rich in there can afford a good living, and access to the internet.

That's right, because of it's limited in resources(money/technology) could take bitcoin into slow movement. This are the most essential needs of bitcoin to run but sadly most African people can't provide this. And of course government can't push them to go through bitcoin because they have nothing. Even if they have money but probably their priorities are to feed and generate income daily.

I agree to that, Africa is not so rich when it comes to money. It is one of the reason why africa is one of the slowest country to improve their technology. And yes, if they have money they will just buy it for food and necessities rather than buy it for gadget or some sort of modern technology. Africa is one of the poorest country so we cant blame them because of their slow bitcoin uptake.

nejibens

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Most African countries are very poor and the people there have real problems about even earning their living and getting food and clothes. Also the educational level is very low there, so many people havent also access to Internet or dont knwo how to navigate.

Hexah

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Africa is slow on the bitcoin uptake because almost all of the country in Africa are not ready for the modernization especially when it comes to the world of crypto. They can't easily uptake such kind of thing since most of its country is poor when it comes to their internet connection, the only thing that could possibly want is to support first of what to satisfy their needs for everyday living. Hope that Africa would cope with those challenges and may be able to catch also just like the other countries in the world of cryptocurrency someday.

tosmartak

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Honestly, reading through this thread, it is just ridiculous how people can quickly jump into conclusions without a concrete info. Everyone is entitled to have their own opinion anyway and apparently most people are just here for the signature campaign, so I am not surprised.

However, if you want to find out if Africa is slow on the bitcoin uptake, you can take a quick vacation to Nigeria (it is part of Africa) and see for yourselves.

mast3rm1nd

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Quote from: darkangel11 on October 10, 2017, 01:59:50 PM

Africa is always slow. It never keeps up with the rest of the world and their answer usually is "because white men raided us, disturbed the peace, were exploring, digging out diamonds and stuff" In reality 2000 years ago when Romans were conquering Europe and building roads people in Africa were chasing monkeys and living in clay huts. 1000 years later it was still the same.

man this is so ignorant I don't even know where to begin...

jamesdean35

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they even cant buy a computer how can they create a awareness on bitcoin.Everybody says that but wrong in africa because of inflasion there too many bitcoin holders also a saw on the new a one village uses their own token on africa

cryptomato

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That's a great question and shame on me that I didn't think about that matter before. I'd even be volunteer to speed up process there. Will check it out.

Reatim

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Eloncoin.org - Mars, here we come!

They are not slow but most African countries doesn't have the infrastructure to support bitcoin uptake. Although there is internet on most of the countries, its not enough to reach most of them. And reason is that as much as the government wants to put up a good infrastructure program, with limited supply and other priorities, it can't be done right away.

annbagira

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Sometime I feel very strange myself! When I read some info here about bitcoin in poor countries it's sounds to me like a slap in the face. Maybe somebody are not informed well or don't want look over around the world people but exist a lot of poor countries with no any future are they interested in digital currency? are you kidding me? Maybe all people here are sheikhs from rich dynasty or lords? Open your eyes amigo!

Hamstead

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Quote from: Anonylz on October 10, 2017, 02:40:35 PM

You must know that Africa is a very difficult country, and most people doesnt even have a computer or a smartphone to access to the internet, so it is pretty impossible for them to have bitcoins in their lifes, and you are expecting to have an advanced technology in there?
It is impossible, africa is quite outdated, only those countries that are rich in there can afford a good living, and access to the internet.

That's right, because of it's limited in resources(money/technology) could take bitcoin into slow movement. This are the most essential needs of bitcoin to run but sadly most African people can't provide this. And of course government can't push them to go through bitcoin because they have nothing. Even if they have money but probably their priorities are to feed and generate income daily.

Kat_messy

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On the one hand, a lot of problems (household, education, medicine, lack of developed Internet and banking infrastructure, political disassembly). On the other hand, projects from Kenyans, South Africans began to appear more and more often in this forum, Africa has good technological universities, so we can't say that Africa doesn't participate, but it is possible to understand why it is so slow. And by the way, mining doesn't always need internet (cold access).
So I hope that soon the situation will change.

Lpim01

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Quote from: DewiKirana on October 10, 2017, 02:05:16 PM

Not all understand about bitcoin, besides the absence of advertisements or agencies that introduce digital currency such as bitcoin to the public. And the community itself who does not want to find out about bitcoin is the cause of the slow bitcoin in Africa.

Africa is one of the poor country and it's internet accessibility are also limited in most of their area. It's very often that, crypto currency are not embraced and widely known for their citizens. And their people have nothing sense of interest towards bitcoin, probably they are looking for a source of income that can provide their families daily.

BitSat

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Most of African countries facing different crises like civil war water and lake of food just because of this they are not good in using technology but now in recent years some development going on and they have many good things to cheer using mobile technology and using time for buying and selling is one of them hope they will adopt this one in near future

subSTRATA

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:^)

Quote from: 2fresh on October 10, 2017, 02:09:58 PM

We're talking about a 3rd world continent. It's not hard to guess why the bitcoin uptake is slow.

lack of infrastructure, education, and a willingness to invest effort into secondary needs. it's a fact, africa isnt exactly the forefront of technology in our world, not just in development or anything, but the infrastructure just isnt there. usage of modern technology isnt widespread, and there isnt even a sufficient economy to support development of technological infrastructure. even setting the economy aside, i dont think a sufficient part of the african population can even set aside time from the basic necessities (work, survival) to educate themselves or familiarize themselves with modern technology. it's just not a suitable environment for progress.

kriptotr

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Quote from: real_links on October 10, 2017, 01:30:39 PM

There are masses of potential for Bitcoin in Africa. It’s a monetary system for the unbanked, it’s trustless and far less corruptible, and it can create a new monetary system where there’s no long legacy of banking and financials.

However, across the continent, in different countries, the uptake has been surprisingly slow. From South Africa and Nigeria, as the biggest players in Bitcoin, to smaller nations like Tanzania who are seeing big growth, but with small numbers.

https://cointelegraph.com/news/why-is-africa-slow-on-the-bitcoin-uptake

They are poor people in terms of food, ability, knowledge and internet. There isn't many things they can do to adopt bitcoin.

They have been exploited for years by rich countries.

zypa

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looking forward to see african people take up the digital path. perhaps we can even donate more easily by ecoins and help their struggles..

gentlemand

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Welt Am Draht

The wholesale description of Africa as a place where everyone is sat in the dark after a long day's civil war is a silly one. There are plenty of prosperous pockets.

There's no mining as far as I know which means any coins sold there have to come from somewhere else. As there's little or no conventional banking, and almost no international banking, there's no way for non Africans to sell to them apart from the occasional visitor selling for cash.

Without mining or incomers selling the only other option is Africans working for Bitcoin. I presume there are a few but in the whole world there aren't very many people working for BTC.

ninabobo

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Quote from: real_links on October 10, 2017, 01:30:39 PM

There are masses of potential for Bitcoin in Africa. It’s a monetary system for the unbanked, it’s trustless and far less corruptible, and it can create a new monetary system where there’s no long legacy of banking and financials.

However, across the continent, in different countries, the uptake has been surprisingly slow. From South Africa and Nigeria, as the biggest players in Bitcoin, to smaller nations like Tanzania who are seeing big growth, but with small numbers.

https://cointelegraph.com/news/why-is-africa-slow-on-the-bitcoin-uptake

Africa is a country that belongs to many civil war conflicts. I think the African continent will be a lot of bitcoin and crypto users. maybe this time is not so strong, but who knows the upcoming time africa will become the country most bitcoin and crypto users.

Anonylz

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You must know that Africa is a very difficult country, and most people doesnt even have a computer or a smartphone to access to the internet, so it is pretty impossible for them to have bitcoins in their lifes, and you are expecting to have an advanced technology in there?
It is impossible, africa is quite outdated, only those countries that are rich in there can afford a good living, and access to the internet.

brickafterbrickwalldpt

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This is a pretty easy question to anwser, infact the explanation is pretty much the same for alot of the countries on that continent. To put it simply, almost all of Africa is preeeetty poor. Unfavorable terrain and climate, technological backwardness, not to mention the still apparent effects of colonial rule have hampered development of alot of these countries, and the anwser to your question is the aforementioned technological backwardness. Alot of African nations cannot provide stable and constant internet access, which is already a huge blow to cryptocurrency popularity in these countries, but even with that resolved you got to factor it that cryptocurrency is still a rather alien concept to a wide percent of the entire human population, and especially the people in lesser developed countries would definitely prefer to not put their trust in something they do not grasp entirely.

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