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Author Topic: Why won't some African countries adapt the concept of crytocurrency systems?  (Read 135 times)
raeola (OP)
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February 04, 2018, 01:39:13 PM
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There are some viable crytocurrency concepts out there that will go along to improve the exchange differences in the market.
African leaders due to their self motive raised a ban cases of bitcoins in general,instead of developing policies to prevent illegal abuse of these coins in the exchange market.
What do you say as a way forward?
gabygabyD
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February 04, 2018, 06:52:46 PM
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I feel it would be a good way, but really most of the countries in Africa are very poor, they do not have to back the cryptocurrencies, they should ask for help from other countries to get out of poverty
Novo
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February 05, 2018, 09:08:17 AM
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crytocurrency will never replace USD. The volatility of cryto could possibly end if it is not on the market which won't happen.
Dollar and bitcoin is doing great, it's just people who don't accept the fact, it's already perfect on it's own way.

https://www.capitalfm.co.ke/business/2018/01/how-africa-can-ride-on-the-cryptocurrency-wave/
https://editi[Suspicious link removed]/2017/12/18/africa/inside-life-cryptocurrency-miner-kenya-africa/index.html
KingScorpio
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February 05, 2018, 12:33:36 PM
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There are some viable crytocurrency concepts out there that will go along to improve the exchange differences in the market.
African leaders due to their self motive raised a ban cases of bitcoins in general,instead of developing policies to prevent illegal abuse of these coins in the exchange market.
What do you say as a way forward?

the "countries" dont exist, they are in truth bankster financial cartells that impose a financial rule over the people that are forced/even enslaved to sell their time for that regional communal currency.

these "bankster" cartels are hiddenly ruled by an elite, of billionaires that controll the countries wealth,

they dont adapt cryptocurrencies, because they need to reward their salary slaves just enough so they keep working for them running their value and income sources.

if someone adapts cryptocurrencies there at all it will be the local traders and dealers in the first place not the "country" or the "central bank"

these people in truth hate cryptocurrencies

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