CRYPTO IS IN AFRICA TO STAY

[JasonXIII]

The biggest issue is the internet connection in Africa

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[Strufmbae]

The good thing about cryptocurrency is it is helping a country to move forward and especially in cryptocurrency industry there is no racial discrimination.

The biggest issue is the internet connection in Africa

If there's a will there's a way.  This never gets old.

[swirox]

it's really nice to see government understand blockchain and even more when they invest in it because they understood that it's the future, now the question is when do the bigger countries are going to understand it as well.

[josephdd1]

Some countries, Africa included are tired of the western only monopoly and as seeing the new opportunities the blockchain technology can bring, then these countries have the right to act and should act to nurture the technology as it would massively bust their economy - that' s once the infrastructure to support the network would be built

[bitcoineverything]

There is a growing interest in cryptocurrency in Africa currently. A survey even says that 38% of the population wished they have invested in cryptocurrency and 71% believe in its profitability. Due to economic crisis, Africans see crypto as a kind of an oasis.

[Mocoinaire]

Africa is going to use some of these emerging technologies such as blockchain to solve its challenges. Areas of growing interest where blockchain is important include but not limited to: Agriculture, financial services/inclusion-bitcoin will play a huge role here), aiding SMEs business, supply chain and not forgetting governance and accountability by governments.

[mashort]

i think the 11 member taskforce led by Bitange is doing a great job. more projects from Africa are launching soon and finally we are taking off

[mandoseran]

This may sound strange to many crypto industry players, because the current blockchain vision to make the movement of millions of micro transactions around the world has proven to be a difficult challenge to achieve. However, the South African startup Wala proves that with a little ingenuity and an effective approach can make cryptocurrency a better payment mechanism than the traditional way that many African citizens currently do.

[D1zee]

Guys living in Africe, I wonder whether crypto really solves the problems. I mean, if you wanna buy something tangible, like some food or clothes, but there're problems, does crypto work?

Not at the moment, I don't think there is any country in Africa that accepts cryptos for stuffs like that and I also believe about post some one made up there about corruption. Am African and I know how much corruption is in most of our governments and if there is any country in Africa that wants to implement full fledged crypto operation and supported by the government, then I most say I smell something bad coming cos that's one way to move money around as we know it now without much trace.

[minhkhoa]

As the economy is slowly declining along with the devaluation of national currencies, East African community wants to change fate by adopting digital currency. The widespread popularity of Bitcoin and other types of digital money has truly made a milestone in Africa.

[Howard Roark]

A really interesting thread, I really enjoyed this documentary on community currencies in Kenya which Bancor are involved with

https://www.youtube.com/watch?v=ojFPrVvpraU&t

[timmydakolo2]

I Just hope Crypto is here to stay in Africa that's if the authorities will let it last for a long time without complications at later end.

[timmydakolo2]

The biggest issue is the internet connection in Africa

Yes internet is really a problem in Nigeria addition to power these are the major problems we face today and in every day life.

[Mpamaegbu]

The biggest issue is the internet connection in Africa

Yes internet is really a problem in Nigeria addition to power these are the major problems we face today and in every day life.

I had to strike that out because it is a misleading information. That used to be in the past but not anymore, except you are talking of wanting it for free. People paying a token to get certain private services isn't a problem. Anyone can get monthly data in Nigeria for as low as $2 - $3. Is that a problem? I don't think so.

[Mocoinaire]

Alot is happening in Africa in regards to crypto and blockchain usage many people cant even agree this site is ran by Africans www.coinweez.com and more so, Kenyans. Alot happening to watch out there!

[entar pasar]

Block chain in Africa is similar to internet and mobile phones in Africa. It seems complicated when introducing but later becomes a great too for their development.

the development of blockchain technology is too difficult in Africa because the infrastructure development is still low, it is very rare for me to find the success of ICO projects to be developed in Africa, everything is difficult to develop

[Timmzzy]

The Kenyan Government (to the blondes - Kenya is a country in Africa) is planning to build a blockchain to support digitalization of their services especially the land registry and other ministries.

It must be hard for some countries to see that they are banning crypto and some African ones are opening to adopt for the future lies in the crypto and blockchain technologies

For sure this a welcomed development to for me CRYPTO coming into Africa, by the way most people in Nigeria have already been into Cryptocurrency right from day one and which have already in terms change the lives of many. I really welcomed this great opportunity.

[Timmzzy]

Block chain in Africa is similar to internet and mobile phones in Africa. It seems complicated when introducing but later becomes a great too for their development.

the development of blockchain technology is too difficult in Africa because the infrastructure development is still low, it is very rare for me to find the success of ICO projects to be developed in Africa, everything is difficult to develop

I think everything is due to time and adoption, if it's been give a trial we never can tell it will turn out a success. Am an African which you see I came to love and know about Cryptocurrency even before it became most popular which in terms I heard it was around the corner but wasn't taken serious to be this large in the future and today many people are into Cryptocurrency.

[CryptopreneurBrainboss]

The biggest issue is the internet connection in Africa

In most African countries this isn't an issue any more.  We now have internet services but where we have challenges is the cost of the internet service. For example I spend approximately $20 monthly for internet connection which doesn't last for that month and I live in one of the advance country in Africa now imagine what others are passing through 😢

[MoonCrypt]

Crypto is light to Africa!! it has also enabled some escape the problems in the region. so crypto will thrive n Africa. all it Needs His  Education