How Africans Can Utilize Bitcoin...

[Mzie]

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

[johnnyyash]

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..!!!!

[drwtsn32]

May I ask why Africa? I mean what's your point on asking how can they utilize bitcoin.
What do they need? Why do they want/need to utilize bitcoin?
I think most of the countries already use bitcoin. Africa included.

[Labumi]

I always use the bitcoin due to long-term investments. So I strongly urge everyone to use the bitcoin as a place of investment. Bitcoin causes much more profitable and it will give a positive impact to our lives

[yayayo]

Why do you think that Africans need any special advice to use Bitcoin? After all, Africans are people, too... so it's pretty safe to assume that they will use Bitcoin the same way like Americans or Europeans - as money.

I think people outside of Africa are not in a position to give advice to the people in African countries, because they now little about every day life and the necessities of the people in these countries. A lot has been talked about the Bitcoin remittance market in Africa, with multiple startups trying to enter this market. However there have been no announcements of success. The simple reason is that these foreign startups are not really aware of the mindset and the situation in most African countries. One example is trying to market Bitcoin solutions that only run on smartphones - totally ignoring the fact that mobile internet connections are largely unavailable or prohibitively expensive and that even "cheap" smartphones are too costly for the average user.

ya.ya.yo!

[OmegaStarScream]

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.

[btcdevil]

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..!!!!

Giving advice to invest in cloud mining , is the one who is running the cloud mining i think that is why he used the newbie account and advising him to invest in cloud mining. Cloud mining is a purely scam dont ever try to utilize it.


not only African but who ever is in bitcoin can use bitcoin in so many ways. like gambling, purchasing products online etc.

[talkbitcoin]

i think like anybody else in the world Africans can also enjoy using bitcoin and benefit from using it, there not much difference except in some countries (maybe Africa too) there may not be as many places to spend bitcoin but still you can use it as an investment and an online payment.

[Cereberus]

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..!!!!

Why do you think Africans do not take bitcoin very seriously ? I have seen a lot of Africans mostly from Johannesburg using and promoting bitcoin in different pages in twitter and facebook. They like many of us have been victims of cloud mining and they are very much aware of the high risk of being scammed there so they don't invite to it. I think Africans use bitcoin as anybody else uses it as a form of money. Mostly users use bitcoin online as offline very few shops all over the world accept it.

[Mandy420]

You know instead of trolling OP you could give him a paid answer 

So, Op, Africans can utilize Bitcoin easier and in more ways than it can be done in the west!
Most of the African countries don't really have a supreme infastructure which makes Bitcoin
an imported technology, already implemented and ready to co-work or even replace some
deficit currencies like Zimbabwe's one. More than that Africa as a whole can utilize Bitcoin
to get of off this never ending circle of blood and money embedded by our lovely country
and others. Just my 2 cents 

[Pursuer]

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

I don't think there is much difference based on where you live.

although I can tell you that if you live in Africa and willing to start a new business and deal with some problems that come with that, you can have a very good chance of making a very successful business in your country or city if there is no other place that works with bitcoin.

running a bitcoin exchange service accepting local currency, a bitcoin ATM, or many other things that don't exist in your country can be very good options

[bitbunnny]

Maybe he asked about Africa because there are not so many people there who have access to the Internet and knowledge about Bitcoin. Also, we all know that incomes in.Africa, in general, are not very big so maybe he wanted to know what is the best way for people in Africa to use Bitcoin to improve their standard and way of living.

[Mozdalifa17]

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..!!!!

you are joking (cloud mining) is totally scam business i advice everyone not to invest in that shit

[Strongkored]

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..!!!!

you are joking (cloud mining) is totally scam business i advice everyone not to invest in that shit

Yeap, almost all cloudmining not run the actual mining. They only apply Ponzi scheme into their business. And we know for sure all ponzi is scam. Because the source of their funding comes from the only new member, if there is no new members who sign sure their business will be closed. And if you do not ROI, then you will loss. It is better to stay away from such sites.

[shinratensei_]

What would be your advice to most Africans to Utilize Bitcoin?

But maybe before can advise about to utilize the bitcoin I need to seeing about their environment before, whether in their environment is the lack of the facility or technology for using bitcoin. because without the facility you can't utilize the bitcoin because I ever heard in the Africans there are many sectors or are is not having enough facility to accessing the technology.

[BTCLovingDude]

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

do what other people in other countries do.

earn bitcoin through different ways like mining bitcoin or mining altcoins, you can earn bitcoin as an individual by offering services, and many other ways.

you can buy bitcoin and use it as a currency.
if you have a business of your own like a sandwich shop, you can start accepting bitcoin and spread the word.
if you are a customer you can ask them to start accepting bitcoin and show them how easy it is and introduce them to bitpay.

[Mandy420]

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

do what other people in other countries do.

earn bitcoin through different ways like mining bitcoin or mining altcoins, you can earn bitcoin as an individual by offering services, and many other ways.

you can buy bitcoin and use it as a currency.
if you have a business of your own like a sandwich shop, you can start accepting bitcoin and spread the word.
if you are a customer you can ask them to start accepting bitcoin and show them how easy it is and introduce them to bitpay.

I don't think they have the luxury to buy mining equipment let along afford the costs before reaching ROI, though they have plenty of sunlight and heat which can give them near to zero cost electricity.

[BTCLovingDude]

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

do what other people in other countries do.

earn bitcoin through different ways like mining bitcoin or mining altcoins, you can earn bitcoin as an individual by offering services, and many other ways.

you can buy bitcoin and use it as a currency.
if you have a business of your own like a sandwich shop, you can start accepting bitcoin and spread the word.
if you are a customer you can ask them to start accepting bitcoin and show them how easy it is and introduce them to bitpay.

I don't think they have the luxury to buy mining equipment let along afford the costs before reaching ROI, though they have plenty of sunlight and heat which can give them near to zero cost electricity.

i don't really understand how sunlight and heat can make then cheap electricity but if that is true then it makes a good investment for a mining farm. and surely there are people with enough money to start a mining farm there although cooling may be a problem.

besides you can always buy a GPU for gaming and start solo (or pool) mining altcoins yourself.

[Mandy420]

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

do what other people in other countries do.

earn bitcoin through different ways like mining bitcoin or mining altcoins, you can earn bitcoin as an individual by offering services, and many other ways.

you can buy bitcoin and use it as a currency.
if you have a business of your own like a sandwich shop, you can start accepting bitcoin and spread the word.
if you are a customer you can ask them to start accepting bitcoin and show them how easy it is and introduce them to bitpay.

I don't think they have the luxury to buy mining equipment let along afford the costs before reaching ROI, though they have plenty of sunlight and heat which can give them near to zero cost electricity.

i don't really understand how sunlight and heat can make then cheap electricity but if that is true then it makes a good investment for a mining farm. and surely there are people with enough money to start a mining farm there although cooling may be a problem.

besides you can always buy a GPU for gaming and start solo (or pool) mining altcoins yourself.

They have unlimited sunlight and a huge desert
Thus they can utilize thermal energy as they wish, yet they don't..instead they make war with each other and the whole continent is left undeveloped.

[raphma]

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

the same as for anyone else.
next!