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Bitcoin in Somalia ?
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Topic: Bitcoin in Somalia ? (Read 2816 times)
johnyj
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Re: Bitcoin in Somalia ?
August 09, 2013, 12:23:08 AM
Last edit: August 09, 2013, 01:53:58 AM by johnyj
#21
IMO, localbitcoins.com would be much more helpful. In fact it is the most isolated solution between bitcoin and banking system, but still provide the exchange functionality between bitcoin and local currency
Some people need to receive money in the country, and some people need to send money out of the country, these people could meet at localbitcoins.com and receivers hand their bitcoins to senders and receive local currency, actually this will even break the international transaction limitation in certain countries
Why bitcoin will appreciate forever:
https://bitcointalk.org/index.php?topic=277275.msg3244038#msg3244038
CasinoBit
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Re: Bitcoin in Somalia ?
August 09, 2013, 04:26:35 PM
#22
Not until there is an extremely cheap widespread device that can send Bitcoins person-to-person and a strong wireless internet connection there.
J603
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Re: Bitcoin in Somalia ?
August 09, 2013, 05:18:53 PM
#23
The country is in turmoil. Maybe when they're not in a constant state of civil war and unrest they can think about bitcoins.
tacoman71
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Re: Bitcoin in Somalia ?
August 09, 2013, 05:21:50 PM
#24
Quote from: J603 on August 09, 2013, 05:18:53 PM
The country is in turmoil. Maybe when they're not in a constant state of civil war and unrest they can think about bitcoins.
To say that there is civil war is a stretch. I'd liken their situation with Pakistan or Iraq, they both have somewhat functioning governments but still have militants or rebels trying to control parts of the country.
Feeling generous? Like my post? Leave a tip at BTC: 1NZJ8cceqEiKDZGAJged2vNGCyfFMUEYPt
J603
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Re: Bitcoin in Somalia ?
August 09, 2013, 05:29:09 PM
#25
Quote from: tacoman71 on August 09, 2013, 05:21:50 PM
Quote from: J603 on August 09, 2013, 05:18:53 PM
The country is in turmoil. Maybe when they're not in a constant state of civil war and unrest they can think about bitcoins.
To say that there is civil war is a stretch. I'd liken their situation with Pakistan or Iraq, they both have somewhat functioning governments but still have militants or rebels trying to control parts of the country.
The conflict in Somalia is literally called "The Somalian Civil War".
Here is a current map of all of the factions (rather large so I'm just linking):
http://upload.wikimedia.org/wikipedia/commons/9/9f/Somalia_map_states_regions_districts.png
As you can see, Somalia's situation is far worse than Pakistan or Iraq.
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