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Author Topic: Africa or Australia  (Read 2327 times)
countryfree
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April 19, 2015, 05:19:20 PM
 #21

I see most people here have never been to Africa.
There's ten times more people with an Internet connection in Africa, and there is way more money in Africa.
I guess Mercedes sells at least 5 times more cars in Africa than in Australia.

Then, there hundreds of millions without a bank account, so BTC has huge opportunities there.

I used to be a citizen and a taxpayer. Those days are long gone.
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April 20, 2015, 05:46:10 AM
 #22

i'll say australia will regulate it first, so for this reason it will be more popular there before africa, africa in some zone still lack hi-tech activity to introduce itself at bitcoin, poverty actually doesn't help , because you can't buy bitcoin and help the market to grow
Im sure Australia will regulate bitcoin soon, we are such a fucking nanny state we have rules and regulation on everything.
I think Africa will probably use bitcoin to help the people who don't have a bank account and Australia will use it manly as a online currency only, i could be wrong.

Although Sydney would like to call themselfs the capital city it's not, the capital city here is boring old Canberra.

fox19891989
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April 20, 2015, 06:28:30 AM
 #23

Australia, but your ripple example is not related to bitcoin, you said ripple not bitcoin, ripple is btc's competitor.

So you should change your question, use crypto currency to instead bitcoin.  Cheesy
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April 20, 2015, 07:14:12 AM
 #24

I think it is hard to say the result. The two areas have their own advantages and disadvantages for Bitcoin to grow. Even if Africa is poor, it  has the soil for Bitcoin to spread.
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April 20, 2015, 07:50:57 AM
 #25

I would put my money on Africa because they are still untapped as a mostly 3rd world country. In essence more progress can be made from a country with limited development, than a country where development has reached it's peak already. The only limitation will be the African political differences and the way some of the African leader perceive the possible threat to their control over their people. ^sad^

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April 20, 2015, 08:43:28 AM
 #26

ill say Australia because Africa have some money issues and they are like 3rd world country and stuff like that.
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April 20, 2015, 09:26:23 AM
 #27

In my opinion, I think Africa, because they have a lot of people without bank accounts, which is why Bitcoin will thrive there. There's also a lot more people with internet connections in Africa than in Australia, so it might have the advantage. Of course, Australia is a developed country, so it's got its advantages too. But I believe Africa has just that bit more for Bitcoin to be able to have a bigger success in the industry.
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April 20, 2015, 10:54:46 AM
 #28

Africa is a huge comtinent with lots of ppl who are looking for cheap and effective ways for money transfer.
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April 20, 2015, 11:17:24 AM
 #29

I guess Africa. They're in need for means of remitting money and storing their money in a manner that it isn't wiped out by political instabilities or economic breakdowns!

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April 20, 2015, 12:57:46 PM
 #30

Who do you think will have the biggest chance of Bitcoin success? Africa or Australia?


Africa can make the most difference so that probably classes as the biggest chance of success, australia runs the same as europe and USA for the most part. 
BTC_Superman
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May 14, 2015, 03:57:06 PM
 #31

Australia has more technology and spare many to risk than Africa. So, my vote goes for Australia.
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May 14, 2015, 07:44:59 PM
 #32

i'll say australia will regulate it first, so for this reason it will be more popular there before africa, africa in some zone still lack hi-tech activity to introduce itself at bitcoin, poverty actually doesn't help , because you can't buy bitcoin and help the market to grow

africe indeed is lacking tech, but even poor people have phones/smartphones there. it would make more sense for africa to be first as the need for something like bitcoin is much higher there. even very simple cheap smartphones can run a bitcoin wallet.

I prefer Australia as it is much technology advanced country as compared to africa and also if you look at the economy then Australia is far better then Africa so i would go with Australia as Africa has a problems related to poverty economy crimes so it will not africa in terms of bitcoins.

 

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May 14, 2015, 09:47:51 PM
 #33

i'll say australia will regulate it first, so for this reason it will be more popular there before africa, africa in some zone still lack hi-tech activity to introduce itself at bitcoin, poverty actually doesn't help , because you can't buy bitcoin and help the market to grow

africe indeed is lacking tech, but even poor people have phones/smartphones there. it would make more sense for africa to be first as the need for something like bitcoin is much higher there. even very simple cheap smartphones can run a bitcoin wallet.

I prefer Australia as it is much technology advanced country as compared to africa and also if you look at the economy then Australia is far better then Africa so i would go with Australia as Africa has a problems related to poverty economy crimes so it will not africa in terms of bitcoins.

thats true australia is always the first choice of any person whom you ask this question and the reason is that the threat level in africa is more as compared to other countries...the lives are not safe so anyone would prefer to go with australia as compared to africa.
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May 14, 2015, 10:49:14 PM
 #34

I would say Australia. Africa is to unstable for internet infrastructure.
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May 15, 2015, 02:46:55 AM
 #35

I prefer Africa.

Bankers are too strong in Australia, and they will prevent widespread BTC adoption there. Also, the Australian government is not that excited about Bitcoin. On the other hand, most of the African nations don't even have rules or regulations regarding crypto. There is huge potential for Bitcoin adoption in Africa. And Kipochi - M Pesa is just the tip of the iceberg.
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May 15, 2015, 03:09:45 AM
 #36

I vote for australia
i think it will be successful there
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May 15, 2015, 05:55:38 AM
 #37

Neither of these.

America, as soon as we get a few more entrants from the Wall Street. For now we have 1 fund but I still wait for the twins.

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May 15, 2015, 05:58:48 AM
 #38

Africa for Sure.
As there are many people without the bank accounts though the rate of internet connection is high in Africa as compared to Australia so bitcoin will attract them more and Government would also start accepting bitcoin in Africa and as people who don't have bank acs will get attracted to bitcoin very easily.
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May 15, 2015, 06:04:00 AM
 #39

Australia is a very large "producer" to the world economy.  If bitcoin can grow big enough it could help Australia in many ways.
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May 15, 2015, 06:06:58 AM
 #40

Sydney is not capital city  Tongue
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