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Author Topic: If people in third world countires all have Facebook ,  (Read 1016 times)
Bitcoinpro (OP)
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December 17, 2015, 02:31:30 PM
 #1

why dont they have acess to their own Crypto Bank/Wallet


WWW.FACEBOOK.COM

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iliasyaco
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December 17, 2015, 02:34:15 PM
 #2

why do u even have facebook
Bitcoinpro (OP)
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December 17, 2015, 02:39:19 PM
 #3

why do u even have facebook

because i can

WWW.FACEBOOK.COM

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NorrisK
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December 17, 2015, 02:41:57 PM
 #4

Probably because they choose not to gain acces to these services?

I guess they just don't see the need to spend the little fiat they get on something like bitcoin. They have other things to worry about.
Maybe some crypto education could change this.
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December 17, 2015, 02:46:48 PM
 #5

it's early. I would guess that Africa may surpass the west in bitcoin use at some point. The economies there are ripe for a bitcoin option. Kinda like what happened to cell phones in the third world. Many places skipped the land line phase and saw greater mobile use than the developed world.

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December 17, 2015, 02:52:25 PM
 #6

Because most of the internet in third world countries have slow internet. Third world countries are not as developed as the western country so their technology and such are like 10 years behind for us.
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December 17, 2015, 02:58:49 PM
 #7

Because they don't believe in it
Bitcoinpro (OP)
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December 17, 2015, 03:00:41 PM
 #8

Probably because they choose not to gain acces to these services?

I guess they just don't see the need to spend the little fiat they get on something like bitcoin. They have other things to worry about.
Maybe some crypto education could change this.

yes and guiding them to cheaper but strong altcoins

WWW.FACEBOOK.COM

CRYPTOCURRENCY CENTRAL BANK

LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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December 17, 2015, 03:03:01 PM
 #9

I guess because they choose not to use services like these. I would though if I was living in one. Satoshi would be very valuable in those countries if you exchange it. But not too sure if that would be worth it too since I can imagine how slow the internet could be in those third world countries.

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December 17, 2015, 03:12:11 PM
 #10

it's early. I would guess that Africa may surpass the west in bitcoin use at some point. The economies there are ripe for a bitcoin option. Kinda like what happened to cell phones in the third world. Many places skipped the land line phase and saw greater mobile use than the developed world.

telcos could provide a fee for wallets to use  mobile wifi, the same way u can get fb

only mobile wifi at a cheaper rate

WWW.FACEBOOK.COM

CRYPTOCURRENCY CENTRAL BANK

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Snail2
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December 17, 2015, 03:15:13 PM
 #11

Because most of the internet in third world countries have slow internet. Third world countries are not as developed as the western country so their technology and such are like 10 years behind for us.

Have you ever tested internet speeds in semi-rural/rural areas in the UK? Industrial areas are pretty much the same Smiley. Time travel to the early 2000's :/. You can get far better internet speeds in Tunisia, Egypt and many other 3rd world countries.

<off>
BTW this third world is a funny thing. By definition third world countries were the non-aligned or neutral countries during the cold-war including a bunch of undeveloped shitholes, but also including Sweden Switzerland, Finland, Singapore and the countries of the Arab peninsula. This later group have some of the best communication infrastructure on the whole world Smiley.
</off>
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December 17, 2015, 03:48:02 PM
 #12

Because most of the internet in third world countries have slow internet. Third world countries are not as developed as the western country so their technology and such are like 10 years behind for us.

you don't need fast connection to enter in the crypto world, i think more toward the fact that they don't even know what crypto is and surely don't know what bitcoin is

in third countries there is a larger ignorance
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December 17, 2015, 04:53:53 PM
 #13

I don't know about cryptobank stuff but 3rd world countries definitely have scammers emanating from them and they definitely use bitcoin.  But in the ultrapoor ones I'm sure bitcoin is a luxury if people even know about it (which they probably don't).

If the original Backside walkaround can prove to me they are the old owner of this account, I can update the email address to the email address of their choosing.
Backside walkaround has lost access to their account as they used someone else's email address to sign up, and the owner of the email address got tired of random email notifications from this site after a few months and reset the password.
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December 17, 2015, 04:57:15 PM
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Because most of the internet in third world countries have slow internet. Third world countries are not as developed as the western country so their technology and such are like 10 years behind for us.

you don't need fast connection to enter in the crypto world, i think more toward the fact that they don't even know what crypto is and surely don't know what bitcoin is

in third countries there is a larger ignorance

I wouldn't call that ignorance. I'd say it's more about people in 3rd world countries are most (if not entirely) focused on the basic needs, for that reason they don't have time (and tools) to research and learn about new things.

In order for the BTC to kick off in those countries, they would need to have basic infrastructure starting with reliable BTC/local currency exchanges. Next thing to do is to enable all those (possibly unbanked) freelancers/local artists/farmers/craftsmen etc to sell their goods/services to the 'western' world using Bitcoin as payment system. That's not easy, but there's a huge potential there.
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December 17, 2015, 04:58:09 PM
 #15

Buying bitcoin in a 3rd world currently would be quite difficult i would think due to the price, Which is only going to get higher. Btc is pretty expensive in 1st world countries never mind 3rd world.

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December 17, 2015, 05:04:26 PM
 #16

Because most of the internet in third world countries have slow internet. Third world countries are not as developed as the western country so their technology and such are like 10 years behind for us.

you don't need fast connection to enter in the crypto world, i think more toward the fact that they don't even know what crypto is and surely don't know what bitcoin is

in third countries there is a larger ignorance

I wouldn't call that ignorance. I'd say it's more about people in 3rd world countries are most (if not entirely) focused on the basic needs, for that reason they don't have time (and tools) to research and learn about new things.

In order for the BTC to kick off in those countries, they would need to have basic infrastructure starting with reliable BTC/local currency exchanges. Next thing to do is to enable all those (possibly unbanked) freelancers/local artists/farmers/craftsmen etc to sell their goods/services to the 'western' world using Bitcoin as payment system. That's not easy, but there's a huge potential there.

I agree, most people in third world countries are not even thinking about other options to make money. To them surviving is number one thing to do. Some people can't even afford a roof above their heads or can't even have 3 meals a day. They got better things to worry about.
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December 17, 2015, 05:07:26 PM
 #17

Because most of them dont know what crypto is, it pains me to see people only use the internet for social media only when it has so much more possibilities
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December 17, 2015, 05:10:13 PM
 #18

Because most of the internet in third world countries have slow internet. Third world countries are not as developed as the western country so their technology and such are like 10 years behind for us.

you don't need fast connection to enter in the crypto world, i think more toward the fact that they don't even know what crypto is and surely don't know what bitcoin is

in third countries there is a larger ignorance

I wouldn't call that ignorance. I'd say it's more about people in 3rd world countries are most (if not entirely) focused on the basic needs, for that reason they don't have time (and tools) to research and learn about new things.

In order for the BTC to kick off in those countries, they would need to have basic infrastructure starting with reliable BTC/local currency exchanges. Next thing to do is to enable all those (possibly unbanked) freelancers/local artists/farmers/craftsmen etc to sell their goods/services to the 'western' world using Bitcoin as payment system. That's not easy, but there's a huge potential there.

well ignorance is when you don't know something not when you are stupid, i didn't mean that with ignorance, probably they do not care also about the newest technology, their mindset is different, too accustomed with easy things
pawel7777
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December 17, 2015, 05:17:58 PM
 #19


well ignorance is when you don't know something not when you are stupid, i didn't mean that with ignorance, probably they do not care also about the newest technology, their mindset is different, too accustomed with easy things

ignorance =/= not knowing. Ignorance is when you ignore the knowledge and choose not to educate yourself on something.

You can't call someone 'ignorant' when such person doesn't have time/resources to get the knowledge. Referring to such person as 'ignorant' is... ignorant.

Definition from Wikipedia:

Quote
Ignorance is a state of being uninformed (lack of knowledge).[1] The word ignorant is an adjective describing a person in the state of being unaware and is often used as an insult to describe individuals who deliberately ignore or disregard important information or facts. Ignoramus is commonly used in the UK, Ireland, and the US as a term for someone who is willfully ignorant.

But yeah, I agree with different mindset thing. But then again, if someone sees direct, financial benefits from using BTC, then the decision to learn about it should be much easier.
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December 17, 2015, 05:20:11 PM
 #20

Having facebook and using it actively are 2 different things. Remember most of them have Internet at public places; University's, libraries etc.
Their village and most of the time, also in their home is not equiped with Internet.

If you want bitcoin to be used, it should be accessable 24/7
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