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Author Topic: Africa needs bitcoin, not a charity  (Read 935 times)
todiboa
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August 23, 2019, 08:08:51 AM
 #101

As for me in very poor areas of Africa, crypto cannot be successfully applied. Charity, in turn, provides support for the poor and needy Africans. Perhaps you mean to do charity based on the blockchain?
bright4mech
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August 24, 2019, 09:46:34 PM
 #102

Bitcoin is a digital asset, which normally go online peer to peer decentralized currency. Hence it we required an educated person to operate in bitcoin here in the Africa, which, many country has know BTC, while few African country don't know bitcoin.
pixie85
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August 24, 2019, 10:15:59 PM
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 #103

Both charity and bitcoin are highly recommended in my opinion. Since Africa deserves being given a charity as basic needs on daily usage, we might also consider to teach them and give them awareness on how bitcoin works so that they be able to use it on daily basis as well.

Africa was being given charity for decades and they are still in need. They are going to be in need no matter how much money you throw their way. They need to be ruled by smart people who will know how to make money of the land and industrialize the area.

Teach them how to fish instead of giving them the fish.
Oilacris
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August 24, 2019, 11:15:58 PM
 #104

Both charity and bitcoin are highly recommended in my opinion. Since Africa deserves being given a charity as basic needs on daily usage, we might also consider to teach them and give them awareness on how bitcoin works so that they be able to use it on daily basis as well.

Africa was being given charity for decades and they are still in need. They are going to be in need no matter how much money you throw their way. They need to be ruled by smart people who will know how to make money of the land and industrialize the area.

Teach them how to fish instead of giving them the fish.
A global problem cant be solved out easily specially poverty.The point you had mentioned is totally need where government would be the main
factor that should be changed up for this country to progress.

Its impossible for this country not to have resources to be utilized for making out money or do give out jobs but well the sad reality on the current situation
of Africa is on its government itself.

microsurfer
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August 25, 2019, 01:40:18 PM
 #105

Africa needs to start developing infrastracture by itself not via help from other world
shoreno
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August 25, 2019, 01:44:29 PM
 #106

As for me in very poor areas of Africa, crypto cannot be successfully applied. Charity, in turn, provides support for the poor and needy Africans. Perhaps you mean to do charity based on the blockchain?

This is completely true. You just cannot say that Africa needs Bitcoin. There are people who don't have even have a phone. This will never work until Africa is developed like Europe today. I think that charities are still a better option for now.

dont under estimate them , africa is now a fruitful country  . people have been educated and given some resources that they can be used to improve thier living  .  this why they dont need a charity because people on this country are not totally injured or have been devasted by strong calamities  . giving them a bitcoin or teaching them stuffs related to bitcoin can go along way than giving them instant relief such as fiat or foods  .
guoyu78
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August 25, 2019, 03:37:03 PM
 #107

the main obstacle of all of that is the factor of poor technological resources. there is no internet network in most of the african countries. banks can grow because people don't need the internet to save money, but bitcoin needs a lot of resources that are not owned by many people there
Lol, I guess you don’t know Africa too well or you have never even visited any part of Africa that much, Google it yourself, you will see the high rate of internet usage in Nigeria, and if they all know and keen about technology also, you will know that crypto is nothing to them. Look at the smart phones that we use.

Aside the apple that the Americans are all crazy about, Africans are the ones that uses these smart phones more, and reason for holding these sophisticated smart phones is mainly to be able to browse the internet well through it and see some technologies through some software’s that is need to be downloaded through the internet,. Don’t under rate Africa when it comes to cryptocurrency because the acceptance there also is becoming high.
thesmallgod
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August 25, 2019, 04:39:44 PM
 #108

I am from African and I think we really need crypto especially in some country like Nigeria. The standard of living in Africa is low. There are so many people living in abject poverty. Crypto can provide opportunities for living for people and also create a lot of jobs. Although for now, many people in Africa only using crypto for pyramid schemes which government has fumed about. Hopefully we shall see more adoption and real usage scenario like paying for local good and services using Crypto
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