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Topic: Young africa looks crypto for payment - page 3. (Read 466 times)

legendary
Activity: 1946
Merit: 1137
April 14, 2019, 02:52:42 AM
#6
Yes, when we say crypto it is meant for the  whole including altcoins. Africa is impressive and becoming a crypto haven.

Exactly what I mean mate thanks for understanding, young african possible to look alternatives aside from bitcoin either ethereum or any coin have vaualables to use as mode of payment.

well using ethereum for a means of payment is like using CPUs to buy groceries, like exchanging a corei3 CPU with a bag of potato!
everything is designed to do a certain job. bitcoin for example is designed to be a currency, ethereum on the other hand is designed to be a token and its usage is for smart contracts. obviously you can use it for payment too but it is not meant for that. not to mention that it can not handle large number of transactions. its scaling is even worse than bitcoin's.
full member
Activity: 952
Merit: 104
April 14, 2019, 12:31:51 AM
#5
Yes, when we say crypto it is meant for the  whole including altcoins. Africa is impressive and becoming a crypto haven.


Exactly what I mean mate thanks for understanding, young african possible to look alternatives aside from bitcoin either ethereum or any coin have vaualables to use as mode of payment.
full member
Activity: 980
Merit: 132
April 14, 2019, 12:23:47 AM
#4
An interesting article, but too much water. They write that country Nigeria is very poor. And to invest you need a small capital, and given that unemployment in the country at 23%, few people will be able to invest. As they write in the article, it will be able to use people familiar with computer technology, and for ordinary peasants, it is not much interesting. The only advantage is international payments, but with a large Commission it is not interesting, you need an alternative to other altcoin.
hero member
Activity: 3080
Merit: 603
April 14, 2019, 12:18:00 AM
#3
Yes, when we say crypto it is meant for the  whole including altcoins. Africa is impressive and becoming a crypto haven.
hero member
Activity: 1470
Merit: 655
April 14, 2019, 12:03:29 AM
#2
So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.

in case you haven't read the link you posted yourself i suggest you go ahead and read its content instead of only its title. it is only talking about bitcoin and its adoption in Africa and other places not altcoins!
full member
Activity: 952
Merit: 104
April 13, 2019, 11:49:44 PM
#1
Here is the latest news from coin telegraph
Yung africa looks for crypto payment here is the link all about this good news https://cointelegraph.com/news/young-africa-looks-to-crypto-for-payment
It's means crypto mass adoption continue to become popular
So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.
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