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Author Topic: How Bitcoin can solve financial problems in Africa  (Read 3888 times)
botany
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December 11, 2014, 03:42:01 AM
 #41

What they need is peace.

Everything will be balanced after the peace.

There are a lot of peaceful, impoverished nations.
They need a means to uplift themselves. Just aid will not work.
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December 15, 2014, 08:09:12 AM
 #42

What they need is peace.

Everything will be balanced after the peace.

Nobody in this world will get peace just out of blue.

if you want peace, you have to fight. If you have to fight for it, you need resources. The weak are not protected. Never were, never will be. The weak die. In jungle and in capitalistic jungle as well. If weak nations have to survive they must get strong.

I do not see some nice future here for poor nations. Peple get stronger and harder by work. Not by slavery work, but with work, where everybody is risking a lot for future profit. This idea is both unknown and hard to realize in poor and unstable nations.

Poor will get poorer, rich will get richer. Even if they all use bitcoins. Well invested money with hard work produce other money and it does not matter if it is fiat or bitcoin and those money madeis money that someone else does not have quite often. (Actually it is much easier to redistribute fiat money to poor than bitcoins that are hard to confiscate or forge.)
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December 15, 2014, 08:29:11 AM
 #43

One key enabler that would spread the use of Bitcoin around the continent is the ubiquity of the mobile phone.

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February 19, 2016, 03:06:00 PM
 #44

 :)Interesting information about bitcoin, it is what I was searching for! Thanks for sharing this information!

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