Young africa looks crypto for payment

[rodel caling]

Here is the latest news from coin telegraph
Yung africa looks for crypto payment here is the link all about this good news https://cointelegraph.com/news/young-africa-looks-to-crypto-for-payment
It's means crypto mass adoption continue to become popular
So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.

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[Red-Apple]

So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.

in case you haven't read the link you posted yourself i suggest you go ahead and read its content instead of only its title. it is only talking about bitcoin and its adoption in Africa and other places not altcoins!

[batang_bitcoin]

Yes, when we say crypto it is meant for the  whole including altcoins. Africa is impressive and becoming a crypto haven.

[pishite]

An interesting article, but too much water. They write that country Nigeria is very poor. And to invest you need a small capital, and given that unemployment in the country at 23%, few people will be able to invest. As they write in the article, it will be able to use people familiar with computer technology, and for ordinary peasants, it is not much interesting. The only advantage is international payments, but with a large Commission it is not interesting, you need an alternative to other altcoin.

[rodel caling]

Yes, when we say crypto it is meant for the  whole including altcoins. Africa is impressive and becoming a crypto haven.

Exactly what I mean mate thanks for understanding, young african possible to look alternatives aside from bitcoin either ethereum or any coin have vaualables to use as mode of payment.

[Herbert2020]

Yes, when we say crypto it is meant for the  whole including altcoins. Africa is impressive and becoming a crypto haven.

Exactly what I mean mate thanks for understanding, young african possible to look alternatives aside from bitcoin either ethereum or any coin have vaualables to use as mode of payment.

well using ethereum for a means of payment is like using CPUs to buy groceries, like exchanging a corei3 CPU with a bag of potato!
everything is designed to do a certain job. bitcoin for example is designed to be a currency, ethereum on the other hand is designed to be a token and its usage is for smart contracts. obviously you can use it for payment too but it is not meant for that. not to mention that it can not handle large number of transactions. its scaling is even worse than bitcoin's.

[diazepam666]

Here is the latest news from coin telegraph
Yung africa looks for crypto payment here is the link all about this good news https://cointelegraph.com/news/young-africa-looks-to-crypto-for-payment
It's means crypto mass adoption continue to become popular
So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.

Recent days 8 myself noticed various emergence from African people. Some crowdfunding was done for African's welfare and one signature campaign also ran in the forum to create awareness over them.
People who have money africa they should comes to invest on cheap cryptos which can grow well in the market.
That will help individually and they could help their own citizen.

[Ezenwanyi]

The article is far from addressing the Nigeria situation hollistically.
It talked about bitcoin adoption in Africa which is a very congent topic considering we all are looking forward to mainstream adoption of blockchain.

[qiwoman2]

With a very big growing population of Youngsters, now Africa is really primed for Bitcoin and other Cryptos because many unbanked with just a mobile phone now will be able to join the crypto revolution and be empowered to work in this space as well as transact in it. The blockchain now is here to stay, despite opposition from other more mature economic circles, African Countries now, both governments and the private sector can rally around this phenomenon and build a new economic paradigm for Africa to move forward at a brisk pace and I believe Crypto will be a very important factor in bringing Africa to the forefront of innovation and technology, as well as more economic empowerment for its People.

[Xenrise]

Okay so as the article was saying, 21 million people are giving interest in joining cryptocurrency. Yes it could be a mass adoption in bitcoin but, are those 21 million people already adopted bitcoin? I guess that when they pursue their interest then that could be a mass adoption.

[Ipwich]

It definitely includes altcoins also because they are also cryptocurrency and even the stable coins.
Crypto is very useful for small and poor countries, their adoption could help the demand grow, and will result to a good market.
But it's still early, we didn't feel the effect yet, we need more adoption from different sides of the world so crypto will become mainstream.

[No One]

It is really encouraging and good news for the entire crypto community. Finally crypto is being mass adopted after its long struggle and difficult times. One saying goes truth will always win. History says that good thing or invention has to always go through difficulties to make its presence strong and get popularity. So cryptocurrency is going through now. But ultimately it will win. Now the world is becoming ready to adopt cryptocurrency.

[timmmers]

Cryptocurrencies will be more accepted in countries where people still do not have banks, in countries where people only have a mobile phone and thanks to it, they can easily receive and send money - cryptocurrencies.

[pushups44]

This is a great idea because Africa has had numerous experiences with hyperinflation. One such example has been Zimbabwe, where people hoard scarce U.S. dollars as a store of value. Increasingly, South Africa is at risk of an economic collapse due to plans to expriopriate farms and other land without compensation. With the widespread use of mobile phones, the unbanked will be able to bypass the financial institutions ignoring their needs. Also, with cryptocurrencies, governments will have less influence on the currencies people choose to use.

[wuvdoll]

It would make sense, they never really had a decent banking system which is the problem for them, they never hand the global banking network that the Asian countries have. We take advantage of the paypals and swifts to get our money for so long that we managed to survive by earning money from western countries while living on eastern countries which allowed us to have an easier life. Africa -because of the lack of proper banking- never had that chance given to them and they had to live in their own means.

Now, bitcoin is here I am pretty sure they will be capable of reaching out to western countries and build some digital presence for themselves both earning and building so they could get decent amount of money from them. Old people are fairly done with it anyway but young people will be looking hard into this chance.

[BitcoinHodler]

there has been a lot of bitcoin adoption in a couple of third world countries around the world. a lot of places in Africa, the Indian continent, Venezuela, Iran,... have been showing an increasing interest in bitcoin. in some cases it is even faster and bigger than the adoption in the advanced countries!
but i have not yet seen any altcoin adoption anywhere in any of these countries or anywhere else for that matter. the only altcoin adoption that i have seen so far has been investors buying them before they get pumped to make profit and some gambling sites allowing you to gamble your altcoins away. but nothing else.

[carter34]

there has been a lot of bitcoin adoption in a couple of third world countries around the world. a lot of places in Africa

Could you provide a link to that information?

Because adoption to me is different from usage.

I believe adoption is when a country has signed it into law so that anybody that rejects to accept it totally, is likely to go to prison.

But usage can be a small group of people or refusal won't lead to any further action.

Well , I'm yet to hear of bitcoin adoption in Africa .

[maydna]

That is great news for the crypto user. That is showing us the adoption will works in many countries too. I admitted that the young generation now become aware of the new technology and if they think that technology could help them to survive for their life then they will use it and search for more information.

I read on that site, the youngster from Africa can get a job as a freelancer. I am sure that they will be able to get a payment from what they do. We are in the internet era which gives us a big opportunity to get so many sources of income to make money, and if someone can get the money from the internet, that would attract the other to come. That will happen with the cryptocurrency. And the youngster can get the money from crypto, then their friends will curious and will ask how they can do that so that the adoption will be running well.

[Wildwest]

So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.

in case you haven't read the link you posted yourself i suggest you go ahead and read its content instead of only its title. it is only talking about bitcoin and its adoption in Africa and other places not altcoins!

yes, the news actually refers to bitcoin, but crypto is also included in the altcoin even though the news is more about bitcoin. It is a good development that more support for the world of cryptocurrency

[batang_bitcoin]

Yes, when we say crypto it is meant for the  whole including altcoins. Africa is impressive and becoming a crypto haven.

Exactly what I mean mate thanks for understanding, young african possible to look alternatives aside from bitcoin either ethereum or any coin have vaualables to use as mode of payment.

I understand that and we should call it crypto not just bitcoin but too many altcoins too that doesn't have purpose.