Bitcoin Forum

In these days a famous singer Akon described about crypto. And now he want to launch their own currency. He is the first celebrity who will be owns crypto. The currency will be use in Akon Crypto City in Africa.
According to the coindesk.com

"I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people, and brings the security back into the currency system, and also allows the people to utilize it in ways where they can advance themselves, and not allow government to do those things that are keeping them down."

https://www.akoin.io/

Crypto can help enormously for Human resources and development. The expenditures for large projects can be transacted with the crypto currency.

At some point crypto is the result of development, let me explain: There was non denectralized currency, was it? So human decided to create something like that. Was our privacy protected online while paying? No, so it was an issue. What we got in result? One man or group of people, satoshi, decided to create coin which would be decentralized and anonymous, he learnt coding and a lot, created a cryptocurrency. This action requires brain...

I think that Africa suffered most from the classical monetary system, from officials and corruption. It's very hard for people there. It would be very good if the crypto currency made their life better. I want this to happen!

Cryptocurrency and blockchain development is a way to enhance human development in developing countries like Africa. Using it to check corruption and other social vices with a technological related can help increase the welfare of the populace

If we thing normally cryto currency does have directly any relations with human resources  but on the other hand through this way power is on the people hand, they can utilize their currency as the way they want,  even many user also accept it.

I think it makes sense, because in this modern era of investment in digital form is very important for those who can not find investment assets. it will pump their economy. and will certainly have an effect on the development of their lives.

Well, even governments agree that blockchain technology could be a path-breaking innovation for us but they don't understand that when we are using blockchain technology, cryptocurrency must be there because it is something like fuel for the vehicle of the blockchain. It doesn't make any sense to distinguish between these two things.

Human resource & development huh? In my opinion, the crypto, specifically the technology behind it, the blockchain, is a much greater help to the people around the world. It has the capability to connect various races, ages, and the like no matter what they are and where they are. The technology today can bring the impossible to near possible, therefore, the obstacles that shackles people from various countries to trade or to connect with each other (let's mention, "anonymously") is made possible with it.

technology is the future ofhe world and since were in digital age cryptocurrency specifically bitcoin is one of the highest form of technology blockchain,so theres no doubt that this is necessary for Human Resources and development not only for the people but of the whole world as well

We are dependent in internet now,and this virtual money is the most appropriate form to use as currency by the next generation and to follow

A good initiative taken by Akon, but I hope he did consider about all those drawbacks and problems he is going to be facing. First of all, just making a coin won't help their community. They will need to be educated about the technology (like how to use it, store it securely and other basic stuffs). They need to be made aware how this will help them potentially and how this financial freedom can be put to good use.
Sadly, since those countries are corrupt, the government will try to take every possible steps to ban the usage of crypto currencies. This is something they will have to fight against.

I appreciate Akon for his innovative thinking. I believe that it will change the total scenario of that particular area if this project is implemented. I hope that it will have a good future and truly crypto is important for human resource and development.

The fact that celebrities are also on the wave of the trend is quite predictable news.
As for the cryptocurrency, I'm not sure. But the fact that the blockchain will be a future for human and it's development I'm just certain

That's an informative post. I completely agree with Akon that cryptocurrencies the saviour to the financial economic crisis of Africa. Through Akon, cryptocurrency will get much exposure.

after all this is really good news Akon did this for Africa also he is doing a good job for this poor continent based on this many people can invest now and they  can be solvent also this will help poor for doing many project with this currency based on this their economy will grow.

Crypto currency does in fact makes the lives of people better. A lot of people were able to make money out of it and they were turned into millionaires and also billionaires. It gives the power to people to make money if they are strategic, improves their condition as well as that of the countries.

You are right. Crypto can change our world. Also Akon's decision is appreciable. In Africa I think general public are not satisfy with their monetary system. Cryptocurrency can change their economic problem. Many people has been able to overcome their financial crisis with the help  of crypto.

crypto is more necessary for banking industry we can make banking more easy and transparent with the help of blockchain and cryptocurrencies and ripple is one coin doing extremely great job in banking industry

This is a welcome development for the people of Africa, they should collaborate With the famous singer, Akon to move Africa to occupy the cryptocurrency space.

let's wait and watch. I tend to have an assumption that is concerned about this. today there are many who are looking for land in the crypto industry with a person's fame. but they just want to make quick money.
well hopefully my guess is very wrong.

Yes, most of the world's economy is now driven by electronic money and blockchain technology. Without electronic money, raising capital is less flexible and harder for big investors.

I agree that once the full potential of the technology behind crypto currencies has been integrated with real life utilization, the world economy will be boosted. Currently, crypto currency is known to be a tradable asset which could generate massive gains or losses through investment. Advancement in technology is necessary for the generation to come.

 This is a great improvement opportunity for the life of the people of Africa, the use of cryptocurrency will boost the economy of whole of African countries. Thanks to Akon the great musician.

Nowadays crypto technology is reached in entire world. But still most of the governments are not accepting the crypto legalisation but celebrity is launch in own crypto peoples are understand the crypto need. This is good news of future economy but top crypto currency only occupy the more reputation and some centralised coins also reach the top position so surely it daily need for future development.

Crypto-currency market is more unique phenomenon of the market so I want to talk about it with those who understand ;D

Yes. It is developing people by creating good amount of employment opportunities.

This is great to get a celebrity like Akon as a crypto supporte. Hope this will help the whole crypto market and Africa too to develop.

Some projects like fresh water, green enviroment will change the world. Blockchain is the easy way to collect money. But it need legal in many countries.

Decentralized is good from crypto but when you said privacy is not protected then its wrong. We could choose what we want in crypto without pressure from other so this make freedom is kept well in crypto. The problem only how if all people want to make their ow crypto? Its big problem.

Blockchain is an enabler technology for the advancemenet of business, but in itself it is no absolutely necessary in Africa nor anywhere else frankly, it just help.s

Blockchain technology has come to stay due to its amazing opportunities and possiblities. Developers with good knowledge of blockchain an bring about good and outstanding project o solve human need. So to your question, yes it's possible.

The appeal of decentralization is huge and cryptocurrencies pose an opportunity for people to transact and interact without the interference of governments but it is still a big leap from the present system to the time that will be visible and cryptos still have a lot to achieve.

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I think yes. If we think normally  crypto currency does have directly any relations with human resources  but on the other hand through this way power is on the people hand. They can understand their currency as the way they want. Even many user also accept it. It also helpfull for any country development. It chane man's life immediately.

Crypto is the level of financing when the power cannot influence. Thus, it allows to avoid corruption on the part of the authorities. I think that the crypt is not necessary for the development of poor countries.

So the whole point of this is to create the latest jobs in Africa or make a blcokchain-based business in Africa.
If the founder is a musician known as AKON, then I'm sure this project "must be successful" for the future of Africa.