in future are you hoping to see some countries in Africa legalis bitcoin.

[Jegileman]

bitcoin is a future digital currency, i strongly believes that before BTC celebrate 50 years in existence at least one or two African countries is going to legalis it. because block chain network is expanding every day by day. and most of the countries in Africa have the knowledge BTC how it works.

Bitcoin is already legalized in some Africa countries. I don't know the country that you are from, but my country has legalized the used of cryptocurrency, and Nigeria has the highest number of crypto daily users and adopters.

Nigeria, South Africa, Morocco, Ghana and Kenya and many more countries in Africa that bitcoin is legalized. It is not compulsory that the government must use it as a legal tender before, bitcoin can be used or is legal.

The Central African Republic is among the country that have legalized bitcoin and it is also a legal tender that can be used in the country. Unlike other African countries that have no actual stance on the use of cryptocurrency and have not also banned its use, Central African Republic already passed a bill on its use some years back. Despite this, they are not still amongst the top African countries that are using cryptocurrency more. Nigerian been the first and other African countries following suit, the Nigerian youths have found a way to keep themselves employed by tapping in the varieties of opportunities in the cryptocurrency space tackling the nature of unemployment in the country.

[Zaguru12]

LOL..that was too harsh from the Government of Nigeria.  Crypto trading is still very active in Nigeria, because investors are using other exchanges to carry out their trade, and the government never announced that crypto has been banned.

I guess Binance was too loud, that was why they caught the authority's attention.

Exactly just like the government hasn’t come out to say they have banned in Nigeria Like past administration placed a banned on it, i still don’t see where they have actually legalized it. Rather this present government just reduced the the restrictions and more like everyone should do what they want it but they can’t be held liable for anything after it. The issue with binance is just a clear indication that should they decide to legalize it they will want to regulate it also.

bitcoin is a future digital currency, i strongly believes that before BTC celebrate 50 years in existence at least one or two African countries is going to legalis it. because block chain network is expanding every day by day. and most of the countries in Africa have the knowledge BTC how it works.

My easiest bet on countries that will legalize it are those countries with very poor currency valuation against other currencies. Although this wouldn’t just boost the economy but it will only help them to transact with other countries using it or rather safe on it than their own currency to help save their funds from inflation. As for the top countries they might want to have a way to regulate it before going ahead to legalize it

[sokani]

Bitcoin is already legalized in some Africa countries. I don't know the country that you are from, but my country has legalized the used of cryptocurrency, and Nigeria has the highest number of crypto daily users and adopters.

Nigeria, South Africa, Morocco, Ghana and Kenya and many more countries in Africa that bitcoin is legalized. It is not compulsory that the government must use it as a legal tender before, bitcoin can be used or is legal.

Obviously, op was not able to pass the information correctly because of his poor choice of words but s/he was referring to the adoption of Bitcoin as a legal tender in Africa.

Bitcoin is still in the grey area in most African countries. There's no law permitting or restricting the use of bitcoin except for few countries like Morocco, Tunisia, Algeria, Egypt where it is officially banned. With Bitcoin adoption rate increasing steadily, anything is possible and we may get to see an African country taking the bold step and making it a legal tender.

[m2017]

bitcoin is a future digital currency, i strongly believes that before BTC celebrate 50 years in existence at least one or two African countries is going to legalis it. because block chain network is expanding every day by day. and most of the countries in Africa have the knowledge BTC how it works.

What do you mean by legality in this case? That bitcoin will be legal tender in several African countries? You know, 50 years (the next 35 years) is a long period of time during which bitcoin may cease to exist altogether. Therefore, instead of “I strongly believe”, you should say “I really hope”.

I consider it very unlikely that bitcoin will become legal in any country in the world, because no government will allow this. Even African countries with economic problems find it more profitable to print their local national currencies, which they can control and influence the populations of their countries.

Legality from the point of view of the absence of a ban on purchase and sale for investment purposes (minus taxes in favor of the state) is quite real. In principle, bitcoin is already legal, assuming there is no prohibition on ownership and use (and the inability of governments to track it), but not use as a means of payment. But I think that little by little new laws regulating this will appear in the legislation of all countries.

[Y3shot]

bitcoin is a future digital currency, i strongly believes that before BTC celebrate 50 years in existence at least one or two African countries is going to legalis it. because block chain network is expanding every day by day. and most of the countries in Africa have the knowledge BTC how it works.

I think in some Africa countries bitcoin is legalise and also used as an alternative currency to purchase good and services and with time it will be legal in more countries. Bitcoin is getting more awareness and with time people are getting to understand the benefits it has.  Just give bitcoin sometime more countries will embrace it as legal tender because of how it beneficial and valuable to individuals, goverment will accept it for the people to partake in it benefits.

[SatoPrincess]

In the next 30 years, the stance a lot of countries have on Bitcoin would have shifted. African nations are slow to implement policies that will benefit their economies. Right now, most of the African continent is neutral about Bitcoin. My country have been inconsistent with their policy on Bitcoin for years. Despite the government antics, the people are very keen on Bitcoin and are open to accepting bitcoin as payment in their businesses.

[stompix]

It's not a question of wealth, or hoping to get rich with something... it's a question of freedom, not having borders to move your life, everything will be in the clouds, on the blockchain...

What will be in the blockchain?
Your food, your wife, your house?
You will raise your kids in the blockchain by sending with your wife a multisig transactions?
10 sat/vb for a boy 20sat/b for a girl?

Having the total power to choose where you live, without depending of nothing and no one... See Venezuela, many successful doctors and engineers today go hungry because their capital is tied up in one place... Bitcoin would solve this.

Bitcoin can't solve a thing if you don't have money to buy bitcoins!
Again, you don't seem to understand what nobility means!

the quality of being noble in character

How the hell does one become great in character just because he is holding coins?

[BIT-BENDER]

Fifty year is quite a long time, I think before fifty years lots of African nations would use Bitcoin easily without the restrictions. Although right now it's really hard being a Bitcoin enthusiast in Africa.

My country has caused binance to remove our Fiat currency from their platform and they even went extra mile to withhold binance representative as at that time, all this happening but crypto-currency is still thriving in the country, this should tell any African government gain crypto-currency to back down.

[btc78]

From what I have seen here in the forum Nigeria has a lot of investors. I see that some of the businesses in the country have adapted bitcoin or cryptocurrency in general allowing it to be the payment method. Now, I don’t know much about the situation of bitcoin in their country but I don’t think number of investors can persuade a government to legalize it. In fact, it might even trigger the government to do some regulation policies to try control its activity and circulation

[GiftedMAN]

And seeing Nigeria on that list, after the authorities issued a ban on exchange and almost kidnaped two Binance executives...lol!

I guess Binance was too loud, that was why they caught the authority's attention.

You think it was because of the loudness of binance that was what made the Nigerian government to come after them well I don't think so because binance is not new in the country and my guess is that the Nigerian government was only looking for more means to frustrate the efforts of the youth in the country that was their main aim of attacking binance since it was one of the biggest and most used exchange in the country.
They have successfully succeeded in attacking binance and her users in Nigeria why haven't they stopped everyone who's involved in cryptocurrency business you think they can't come up with another attack again don't be deceived they have informants everywhere and they attack binance because they couldn't give them the information they wanted so they could start hunting for the youth whom they will start freezing their naira accounts.

[kentrolla]

Bitcoin is already used in most of the African nations but when you say legalizing it do you mean government using Bitcoin in it's transactions? No that's not something which we would see but recently we know the Nigerian government's stance on crypto as it has been in news for all the bad reason.

Just understand Bitcoin is an P2P decentralized transfer which has been utilized for investment purpose and I think African government need to have more priorities like providing food, shelter and better lifestyle to it's citizens because end of the day Bitcoin cannot be owned or purchased if you don't have funds.

[The Cryptovator]

What we have seen is that sometimes Africa accepts Bitcoin as legal tender and sometimes they ban it. I feel they need more study about Bitcoin and cryptocurrency. Bitcoin hasn't been accepted everywhere from the beginning. Day by day, the government knows Bitcoin and accepts it. However, whether the government accepts or not, a wide range of people become related to Bitcoin. Even though I am using a cryptocurrency where Bitcoin is banned, So hope day by day Africa will realise about Bitcoin potential and they will not ban. At least we want not to ban it, though the government doesn't want to adapt it. 

[Wakate]

bitcoin is a future digital currency, i strongly believes that before BTC celebrate 50 years in existence at least one or two African countries is going to legalis it. because block chain network is expanding every day by day. and most of the countries in Africa have the knowledge BTC how it works.

This is not just going to happen in Africa but in the entire world including other continents. We need to be wise and do things in the way that would benefits us in the market. There are people that are making crazy profits in the market and we all have to enter and try to get our own strategy that would help us to make money in the market.
The crypto space is going everyday and we should be ready to see more investments in the crypto market because as the price of Bitcoin keeps going bullish, with the year moving ahead, we keep seeing more cryptocurrency adoption in different countries of the world.

[JoyMarsha]

bitcoin is a future digital currency, i strongly believes that before BTC celebrate 50 years in existence at least one or two African countries is going to legalis it. because block chain network is expanding every day by day. and most of the countries in Africa have the knowledge BTC how it works.

OP, I think before 20 years not above it, we will be surprised to count many African countries that have legalized bitcoin as a digital currency coupled with others that have.

African countries like Nigeria especially, have shown how they value bitcoin by being among the top countries that trade bitcoin the most. I am beginning to imagine before 20 years almost about 10-20 African countries could have joined legalized bitcoin, it would turn out to have a huge impact on bitcoin prices because many African citizens would find bitcoin as a way to scale into financial frebefore

[Queentoshi]

...

We hope to see more than just the legalization of bitcoins in only the African continent, we hope it is global and gets the recognition and acceptance it needs from the government.

Even in Africa there are many people who have invested already, and many others that should have invested in bitcoin, but because of the government opinion not being clear on whether they have accepted Bitcoin as a legal tender there are still slow to decide and have not yet invested. If the government declared Bitcoin as very legal the adoption of it will increase.

[decodx]

The Central African Republic legalized Bitcoin as legal tender back in 2022, If I'm not mistaken.  So currently, some other African countries may not have specific regulations around using and accepting Bitcoin, but it doesn't appear to be illegal.  Typically if there are legal gaps where Bitcoin is not officially regulated that means it falls into a gray area, but I'd argue that with no explicit bans in place, Bitcoin use remains completely legal.

[Nothingtodo]

bitcoin is a future digital currency, i strongly believes that before BTC celebrate 50 years in existence at least one or two African countries is going to legalis it. because block chain network is expanding every day by day. and most of the countries in Africa have the knowledge BTC how it works.

The way Bitcoin is gaining popularity, Bitcoin will be legalized not only in African countries but also in different countries of the world in the distant future. Countries that oppose Bitcoin will also legalize Bitcoin at that time. But it seems like a bitcoin revolution will start all over the world and people all over the world will start using bitcoins instead of paper money. But even if my country Bangladesh cannot legalize Bitcoin, the people of my country will be able to use Bitcoin spontaneously.

[eightdots]

bitcoin is a future digital currency, i strongly believes that before BTC celebrate 50 years in existence at least one or two African countries is going to legalis it. because block chain network is expanding every day by day. and most of the countries in Africa have the knowledge BTC how it works.

The number of these countries may be higher. After a while, Bitcoin will be accepted by everyone, and if a few powerful countries accept Bitcoin legally, its acceptance in other countries will accelerate further. Some countries may be expecting such a step from a country that is stronger than them. I think these expectations will come true.

It's still early for many things and we still need to move forward. If we make this progress successfully, many good things can happen for Bitcoin.

[D ltr]

bitcoin is a future digital currency, i strongly believes that before BTC celebrate 50 years in existence at least one or two African countries is going to legalis it. because block chain network is expanding every day by day. and most of the countries in Africa have the knowledge BTC how it works.

Bitcoin is already legalized in some Africa countries. I don't know the country that you are from, but my country has legalized the used of cryptocurrency, and Nigeria has the highest number of crypto daily users and adopters.

Nigeria, South Africa, Morocco, Ghana and Kenya and many more countries in Africa that bitcoin is legalized. It is not compulsory that the government must use it as a legal tender before, bitcoin can be used or is legal.

It is truly extraordinary that your country has accepted BTC in all respects and legalized it, because many countries hope for the legality of BTC itself, but it would be better if BTC was not used as the main means of payment because wherever fiat is the typical currency of a country, it would be very unfortunate if must be secondary in every financial transaction

[serjent05]

@OP it is not only Africa but other parts of the world.  I really hoping to see the global country accept Bitcoin as mode of payment.  I am hopeful that those countries that is hostile to Bitcoin to have a change of heart and accept Bitcoin and make it legal in those country to engage in Bitcoin trading, investment and integration.

I am hoping to see countries like Cameroon, Central African Republic, Gabon, Guyana, Lesotho, Libya and Zimbabwe that have implicit bans on cryptocurrency and countries like Qatar, Saudi Arabia, and China that has absolute ban on cryptocurrency[1], see and get enlightened by the benefits of countries that accept Bitcoin and have their bans on Bitcoin get lifted and start making laws that allows the use of Bitcoin in their jurisdictions.



[1] https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp