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Author Topic: Young africa looks crypto for payment  (Read 258 times)
batang_bitcoin
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April 14, 2019, 01:57:49 PM
 #21

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.




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April 14, 2019, 02:46:29 PM
 #22

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.
r
Well 21 millions is a huge counts if ever they will invest in crypto specially if thats from african continent only because this can consider as Mass Adoption thing that we as cryptonians waited fo4r long and i must admit that this is larger than what asian has.

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.
Would you mind tell me wheres the place that no banks at all but has MOBILes?wondering if there are such place lol .bitcoin will be the currency for the whole world maybe not now but in future and that would be my stand no matter what happen

 
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April 14, 2019, 02:50:43 PM
 #23

It is not just Africa but all around the world we are seeing slowly but surely they are starting to accept cryptocurrencies which once they rejected so it is very positive sign that slowly they are accepting the fact that crypto is the future of payments, transfers, remittance, banking and investing.

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April 14, 2019, 02:52:28 PM
 #24

Awesome news! I hope this trend will continue and we will see the raising mass adoption in the upcoming years. This is the right time to bring more blockchain based products on the market to compete with existing products.
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April 14, 2019, 03:01:44 PM
 #25

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, that's the content of the the article but all the same, the story of cryptocurrency start with Bitcoin but it won't end with it and as the adoption of Bitcoin increases globally, it will have a positive impact on the entire industry, so it is still a good news for altcoins also.
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April 14, 2019, 03:26:20 PM
 #26

Now not only Africa,will implement the blockchain,even the advanced countries are implementing it,it's like a Global plan,the world elite-the transfer of society to the digital age,where everyone will have their e-ticket,number,their Avatar, etc., and many areas will go into Virtual reality,and there will be developed,businesses,there will be meetings of large corporations, and many other things will be implemented

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April 14, 2019, 03:54:51 PM
 #27

There is nothing really you can do to avoid inflaiton in africa there except to save your money into different currency. Their inflation has lately becoming crazy take a look at venezuela’s inflation it is like their money worth nothing, so making movement to save yor wealth in form of bitcoin is not a bad idea.

 
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April 14, 2019, 04:06:59 PM
 #28

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.

Very nice news I am very happy by reading this news
And wish cryptocurrency adopted by all countries of the world and accept as various payments in cryptocurrency

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April 14, 2019, 04:26:26 PM
 #29

Have you guys heard about the Hyperbitcoinization?

https://nakamotoinstitute.org/mempool/hyperbitcoinization/

Not only Africa, it is going to happen on all the countries who have weak currency. Citizen of these countries always like to preserve/earn currency that is better than their currency.

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April 14, 2019, 04:53:48 PM
 #30

Africa will be next after south america. I'm surprised it hasn't happened already with all the corruption taking place from the high ranking officials. Perhaps it is because the poorer people aren't connected yet.

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April 15, 2019, 01:00:51 AM
 #31

Is good that more countries adopt crypto, i even see a coin which already try to get more people on South Africa to use it, via an app and people there can get free coin via cloud mining and with coins can recharge their phones directly with that coin.

 
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April 15, 2019, 10:05:39 AM
 #32

This is very pleasing. But the bad thing is that developed countries do not want to introduce blockchain products into their organizations. It was better.
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April 15, 2019, 12:33:17 PM
 #33

Africa will be next after south america. I'm surprised it hasn't happened already with all the corruption taking place from the high ranking officials. Perhaps it is because the poorer people aren't connected yet.

I can tell you categorically that virtually 50% of bankers and most online users are crypto freak and they also use their cryptocurrency for transactions, they buy into the idea of currency than just investment.
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April 15, 2019, 12:44:37 PM
 #34

Indeed good news for the whole crypto community including traders and bounty hunters. Despite difficulties and troubles on its way, cryptocurrency is moving ahead overcoming such obstacles. Going by the history, any invention that has good purpose and is to make changes in the lives of the whole people has to do much struggles to exist and win. Cryptocurrency is also in the same situation now. However, it is being accepted gradually by the whole world.

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April 15, 2019, 06:26:01 PM
 #35

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.

I so must believe in the technology behind cryptocurrency and Blockchain, so this is the future where it will be adopted everywhere and more and more people will dive into it,it just a matter of time and patient is required.
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April 16, 2019, 08:48:29 AM
 #36

Recently, I hear a lot about cryptocurrency from various sources. And it makes me very happy. It's nice to know that we continue to build our cryptocurrency industry and in the future it will be even better. I know that many banks in the USA have implemented a blockchain system and use XRP tokens.


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April 16, 2019, 06:29:57 PM
 #37

Is good that more countries adopt crypto, i even see a coin which already try to get more people on South Africa to use it, via an app and people there can get free coin via cloud mining and with coins can recharge their phones directly with that coin.
This coin they are developing will really go a long way since it has to do with telecommunication, when it comes to telecom, Africa is really freak about it and they make calls a lot, and coming from South Africa, they have really had very great record in holding on to projects and getting it monopolized in some of the African countries they go, using DSTV as reference.

So, if they can get these project monopolized too, it will gain attention of lots of African citizens which will create cryptocurrency awareness to them to. I really see a very promising future for the cryptocurrency with lots of projects that are being developed with the blockchain technology.
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April 16, 2019, 07:11:23 PM
 #38

There's massive growth of crypto adoption in Africa. The major problem Africa has is Crypto-fiat exchanges, and the little available placed some restrictions to control money laundering. Although a fairly vast population are in doubts because of the early 2018 crash of crypto.

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April 16, 2019, 07:14:26 PM
 #39

This is great news for me and the cryptocurrency community at large. The earlier we get to the point of mass adoption, the best. I believe that with little adoption like this, we are on our way to greater adoption.
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April 17, 2019, 07:00:25 AM
 #40

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.
Africa is seriously not left behind in the adoption of crypto currency, the volume of adoption coming from Africa, especially the largest countries there are so high in number and I am sure if we are to calculate their own percentage contribution from the market cap, it should get to at least 10%, although that figure is not fact.

The only thing I have not yet seen from Africa is ICO, which these scam things are not from that part. The only project I have heard of which I didn’t participate in the campaign is one AFCASH I think, they are not completely developed from Africa but I think they have something related to Africa.
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