Africa needs bitcoin, not a charity

[vladimirhf]

they need paid jobs since many corporations still explore slavery in the continent

[AjithBtc]

First of all the living atmosphere need to be improved, without connectivity how it is possible for them to make use of the bitcoin. As one of the user mentioned people need to be availed with paid jobs, even Africa has got people who are technically knowledged. Due to the situation prevailing around them they cannot keep themselves focused on next level of growth when they aren't able to get their daily food. For now charity is a must which provides with food and shelter and further is development through other posso ways.

[loc66600]

Isn't africa need infrastructure first?
How BTC could help with those africa people?

[shulc7]

yes but i think they need too more development about them because most of them are not like the other that can afford or can eat regularly..but im sure that if bitcoin will grow on them, it will give them a help.

Everything here depends on the country. The African continent is huge. Tunisia lives pretty well thanks to their tourists, and there are many rich people in South Africa. They certainly own BTC. Poor countries there need charity and not crypto (now at least).

[Kriptonian1661]

It probably needs both.. And less Mercury etc.. :S :S

[shield132]

It's another task what you think and another one what kind of arguments you have and it's sad but I see zero argument here. How can bitcoin change Africa in a better way? If it can change Africa, then it means this coin has possibility to improve our life but no, the only thing that can change Africa and different countries is education, yeah, in undeveloped or in some developing countries, there is a lack of education. Who created bitcoin? Educated man or group so you know answer.

[Shenzou]

I think a possibility of crypto would ease the life of many africans, this privelege would give a great benefit for them, not talking about the development


The article: https://www.cio.co.ke/africa-needs-bitcoin-not-charity/

So the thing is most people in Africa are struggling to be able to provide food and homes, let alone to have internet access, and let alone knowing about bitcoin and how to use it, the situation of most people there are bad and people here talk about they need bitcoin and not charity, they are really unaware of what people need and they are downsizing the situation, i get it maybe the minority and the educated people of the country would use bitcoin to provide thing for the poor majority, but for that to happen they would need to put in more investment and money than they would by building a school and teach kids so they grow up and fix the the situation in the country.

[john_nautica]

It really depends to which part you're referring to. If we take North African countries such as Algeria, Morocco, Tunisia, etc. then bitcoin is already being widely used and also definitely needed.

If you are talking about some parts of Africa where people don't even know how to eat, I'm sorry to say, but personally, I wouldn't be interested in hearing about BTC. You should know that these people are not educated, and even though it's easy to say that the price will skyrocket, etc. they simply can't afford the risk and the price's volatility.

African countries are not fully prepared with new technologies such as crypto. I cannot say that Africa does not need crypto, but I only see that in most African countries it cannot fully become a country that accepts crypto, especially btc.

[Moiyah]

If you are talking about some parts of Africa where people don't even know how to eat, I'm sorry to say, but personally, I wouldn't be interested in hearing about BTC. You should know that these people are not educated, and even though it's easy to say that the price will skyrocket, etc. they simply can't afford the risk and the price's volatility.

Not well educated and the technology isn't available in their areas. Somehow I understand why bitcoin is really hard to adopt. There are certain areas wherein the development of technology and educations is low. Internet access is hardly to reach and is unavailable. For some, they do not even know how internet works. Though I am still hopeful that btc will be the solution for Africa's economic problem.

[hv_]

angola's minimum wage $60 a month (/4/40=$0.375 an hour)
kenya minimum wage $130 a month (/4/40=$0.81 an hour)
nigeria  minimum wage $80 a month (/4/40=$0.50 an hour)
mozambique  minimum wage $50 a month (/4/40=$0.31 an hour)

bitcoins tx fee just to move funds costs ~20minutes to 1 hours minimum wage.
many africans learn about bitcoin. find out it isnt suitable and just use it as a gateway into altcoins which are cheaper and more suitable to transact with.

OnChain scaling BitCoin solves the issue.

[Raidal]

In my opinion, bitcoin is indeed proven to change the economic situation for the better. I am sure that if later Africa cooperates and gives legal status to Bitcoin, Africa can easily experience an increase in economic conditions. If bitcoin can be accepted and used in Africa with clear permission, it is easier for bitcoin to implement all its convenience programs. This will make Africa more advanced and can compete with other countries in the world.

[HELLOFF]

How can Bitcoin help Africa?  Why everyone thinks this way and I don’t know exactly what the way out is needed.  In order to equip a farm for mining, we need very large contributions, because there will be problems with cooling, Although it is possible to build good solar power plants.  But this is not a panacea.

[seramania]

Yeah bitcoin could save the underdeveloped countries in Africa but the problem lies in the infrastructure, in the very poor region some of them are illiterate and doesn't got any access to Internet, so they can't rely on bitcoin to save their life, but I agree that charity is not the solution, they need something that they can rely on for long term

sometimes internet access is a barrier to technology entering a country, as in Africa there are many stories if the country is still having difficulty accessing the internet. in fact africa requires bitcoin but if all the infrastructure has been fulfilled I think bitcoin can enter Africa very well.

[Rinso]

in this day we still can see alot africans dont know what is technology and how to use it. and now some one thinking africa need bitcoin ?? come one bro...

[palle11]

I think a possibility of crypto would ease the life of many africans, this privelege would give a great benefit for them, not talking about the development

This is a matter of taking the horse to where to drink and leaving it to decide to drink or not. Crypto is available for all people that is interested.

but Africans seem just interested by BTC, few of them use the BTC!

The adoption rate is slower in countries that are not technologically developed, that is the thing happening

[Suslura]

First of all, we need to talk about the level of education of African people.  And even then it will be possible to talk about high technologies on this Continent.  most people in African countries have and don’t even know how to use touchscreen smartphones, but they have never heard of cryptocurrency at all.  Of course, this does not apply to all Africans.

[fiulpro]

I think it's not just Africa but most of the countries.

We have seen Bitcoin helping out people to get enough money to run against the oppressive government.

We have also seen it providing jobs for the people online who actually doesn't have any more scope of doing something that might give them enough money .

It is providing online jobs plus making public more tech savvy .

It can actually improve the education system in a way , since people would want to invest in it they will know more about technology and this could help them getting more into technology.

[superscommessebitcoin]

I also believe that bitcoin would help them cope with poverty. Unfortunately, many countries see only the negative side of it and dont want to see its prospects and its usefulness. That's the whole problem.

[miropp]

The government is very often quite stupid or simply does not want to take care of its citizens. They do not understand that bitcoin can be a salvation for many and this chance should be used.

[Slow death]

most people in African countries have and don’t even know how to use touchscreen smartphones...

 

this is wrong, not most people, is a small group of people, the problem that has in Africa is the broadband internet is not accessible to many people because the price is very expensive, people have their internet on cell phones, which is why most Africans enter facebook, whatsapp and instagram and other social networks.

In Africa, most entrepreneurs do not have access to formal banks and venture capital in the first place...

the banks demand guarantees, if you do not go to pawn something the bank will not give you loan