How Africans Can Utilize Bitcoin...

[dreamsorcerer]

What would be your advise to most Africans to Utilize Bitcoin.

just give a small amount for free and give the possibility to spend enough in a shop or to buy small things, and they will start to adopt it. if some others will send money to africa will use btc and not other money transfers, just for the simplicity to spend/store/save the funds!

[Red-Apple]

What would be your advise to most Africans to Utilize Bitcoin.

just give a small amount for free and give the possibility to spend enough in a shop or to buy small things, and they will start to adopt it. if some others will send money to africa will use btc and not other money transfers, just for the simplicity to spend/store/save the funds!

i like the giveaway idea but there should be a place for them to spend bitcoin alongside the giveaway meaning shops should accept bitcoin first, otherwise it is just a waste of time and money because as long as there is no place to spend people won't keep bitcoin and will convert it to fiat as fast as possible.

[pereira4]

I don't see this happening until we have the lightning network. By then it will more viable. Any guy with a SMS phone will be able to be a bank and send instant transactions for really cheap price.

[BillyBobJoe]

Note to Africans: Please ignore this advice. It is terrible advice.

my advice for Africans is that, when  lots of bitcoin are owned invest with it and cloud mining with it,
 

[crossabdd]

I think the same as other countries, they must utilize the bitcoin as a way to earn money easily. I think this can help them economically, as well as helping the economy of my family.

[Kprawn]

I work on contract in some of these African countries for about 3 months in a year, and some of these countries have a pretty good communication network. They use M-Pesa very successfully, so why

not Bitcoin? M-Pesa are centralized services and they can be shutdown at any given moment, when these governments orders the cellphone companies to do it. Bitcoin gives them a alternative option

that cannot be shutdown. { You have sole control over your private key and thus your financial future }  ...Think about it. 

[nejibens]

Africans can utilize Bitcoin just like people from other countries, Bitcoin is decentralized and open worldwide, everyone regardless his country can own, sell and buy bitcoin without any problem usually.

[Backside walkaround]

I'm an African (I'm from Algeria - North Africa) and I use Bitcoin and I also don't see the point of this thread , or what you are trying to achieve here.
An African would use Bitcoin like everyone else (like any other human) , unless you are racist of course , but I guess this is just another "Does man use bitcoin" "does girls use bitcoin" "does your family use bitcoin" thread.

my advice for africans is that, when  lots of bitcoin are owned invest with it and cloud mining with it, so as to generate more bitcoin....africans have got to take btc seriously as others do..!!!!

This is probably the worst advice you could give to someone using Bitcoin "use cloud mining" . Almost everyone on the forums knows that Cloudmining are 99% a scam. If you join soon , you earn otherwise you are pretty much screwed.

Cool, it's nice to interact with people from around the world. 

Africa is perceived as a continent full of relatively poor countries by much of the rest of the world.  The question might be, how would countries that have trouble with hunger and clean drinking water find bitcoin useful.  Don't know if that's a fair question or not.  It has less to do with race than economic condition.  Unless bitcoin is accepted at stores I would think it wouldn't be widely used.  But that's true of the other continents as well.

[franky1]

Africa is perceived as a continent full of relatively poor countries by much of the rest of the world.  The question might be, how would countries that have trouble with hunger and clean drinking water find bitcoin useful.  Don't know if that's a fair question or not.  It has less to do with race than economic condition.  Unless bitcoin is accepted at stores I would think it wouldn't be widely used.  But that's true of the other continents as well.

im guessing your still watching those advertisments from oxfam, unicef and red cross that are using footage from the 1980's

here is a quick update


i hope you now feel more informed. if not, google is your friend.. not them adverts where the CEO of the charity is racking in $1m a year salary

[bitcoin-esperanto]

Note to Africans: Please ignore this advice. It is terrible advice.

my advice for Africans is that, when  lots of bitcoin are owned invest with it and cloud mining with it,
 

probably africans are to smart and not loss money on "mining" ponzi sites

[xdrpx]

A lot of remittances happen via services like Western Unions and money exchange services in developing nations. I know this personally, cause my dad sends me money the same way. Hence, Bitcoin can prove to be helpful to cut down on remittance costs for Africans. It also eliminates them having to wait in long queues.

[Mzie]

Note to Africans: Please ignore this advice. It is terrible advice.

my advice for Africans is that, when  lots of bitcoin are owned invest with it and cloud mining with it,
 

probably africans are to smart and not loss money on "mining" ponzi sites

hahaha

[tigerclub]

BTC is too expensive for Africans, maybe dogecoin is cheaper for them, and faster than btc. And scams will be more and more, because Nigerian scams are very popular.

[Mzie]

BTC is too expensive for Africans, maybe dogecoin is cheaper for them, and faster than btc. And scams will be more and more, because Nigerian scams are very popular.

I dont think so