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Author Topic: Young africa looks crypto for payment  (Read 478 times)
fullhdpixel
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April 17, 2019, 04:49:09 PM
 #41

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.
We have been listening about China and Ecuador and many other companies that they have banned it or they do not want to accept it as a payment system but this technology is just unstoppable. This is the reason Microsoft which in the start was not in the mood to use Bitcoin as a mood of payment had already recognized Bitcoin and is using it. With the passage of time, as the benefits get disclosed upon people, they will accept it. It is great to know about Africa’s affinity with blockchain.

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futile-resistance
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April 20, 2019, 08:17:38 AM
 #42

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.
Africans have always been aware about crypto and have always been making use of it for the past few years, there came a point in time that an african company known by the name Nigeria was the 3rd largest country that traded crypto as some point in 2017.

Hence, Africans has always been aware about crypto, one thing I know about Africans is that they love to adopt real technology quickly, though not the government but their citizens, the government always think about what they have to gain before adopting any technology.
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April 21, 2019, 02:12:41 AM
 #43

Africa is a hotspot for adoption because so much of the population is unbanked. This is the power of Bitcoin at work.
harrypotpot
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April 21, 2019, 03:02:41 AM
 #44

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.
That maybe their way out of economic crisis, just like what Brazil is doing. They are adopting cryptocurrency and even creating new one. In that way, mass crypto adoption will be possible, and africa looks talking advantage of it.

Whosdaddy
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April 23, 2019, 08:40:41 AM
 #45

Africans have always been aware about crypto and have always been making use of it for the past few years, there came a point in time that an african company known by the name Nigeria was the 3rd largest country that traded crypto as some point in 2017.

Hence, Africans has always been aware about crypto, one thing I know about Africans is that they love to adopt real technology quickly, though not the government but their citizens, the government always think about what they have to gain before adopting any technology.
Nigeria is a great country that you can really trust with things like these, especially their citizens, although I learnt that their government is selfish and care more about themselves, that is why I feel the African government may not really buy into crypto, since they believe that it may really not favor them or be able to exploit people through it.

I am glad that Nigerians are adopting it and if the 3rd largest country can do, then other African countries might follow its part too, seeing them as the giant of Africa I head that they are. So, crypto will really grow a lot in Africa.
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