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

[Catenaccio]

If you want you can check this information from Wikipedia- Legality of cryptocurrency by country or territory.

You can check this with some websites for Bitcoin Legality Map and I knew three websites but maybe there are more.

Some world maps for Bitcoiners
https://newhedge.io/terminal/bitcoin/legality-map
https://coin.dance/poli/legality
https://www.atlanticcouncil.org/programs/geoeconomics-center/cryptoregulationtracker/

[Peculiar555]

Bitcoin is digital currency that is global trending all over universe including African countries infact all the top government officials and business men in Africa save and transact with crypto currency especially those who knows how Bitcoin affected the life of there citizens positively both young and old in Africa  especially these time of economic hardship in Africa.  I think having know the impact of Bitcoin in development of Africa before 50th years anniversary of Bitcoin, crypto currency will be approved as a legal tender by Africa leader's

[Faisal2202]

They haven't!!!!
He has been corrected already like 4 times, Bitcoin is not legal in all those countries, and is in fact banned in Morroco!
The harsh reality is that right now if we country countries where Bitcoin is legal versus countries where it's banned, Africa is in last place right now of all continents and a long, long way from Europe or North America.

Thanks for the clarification, I was also thinking about how this information didn't pass by my sight, silly me didn't verify it, well thanks again for the correction, next time I will try to verify things on my own. And I just confirmed and found an article public in Feb of 2024 saying crypto is not illegal but not regulated by the government in Africa. Well which means OP was spreading false information.

I don't understand why?

[Baki202]

Bitcoin is digital currency that is global trending all over universe including African countries infact all the top government officials and business men in Africa save and transact with crypto currency especially those who knows how Bitcoin affected the life of there citizens positively both young and old in Africa  especially these time of economic hardship in Africa.  I think having know the impact of Bitcoin in development of Africa before 50th years anniversary of Bitcoin, crypto currency will be approved as a legal tender by Africa leader's

And if you look at things, you will know that Bitcoin trends every day on the stock market and it is something we keep hearing about. Even the people having issues with the legality of Bitcoin will not have a choice but to later agree. because countries that have invested in bitcoin would have mad profit, and before you know it, other countries will start copying from those once that have invested in bitcoin. It will be a matter of time before everyone starts to accept Bitcoin because it will be as if there is no choice. Because of the way you people are adopting it, even the government cannot stop this point, and if the youths are involved sooner or later, they will agree.

[Assface16678]

Bitcoin is digital currency that is global trending all over universe including African countries infact all the top government officials and business men in Africa save and transact with crypto currency especially those who knows how Bitcoin affected the life of there citizens positively both young and old in Africa  especially these time of economic hardship in Africa.  I think having know the impact of Bitcoin in development of Africa before 50th years anniversary of Bitcoin, crypto currency will be approved as a legal tender by Africa leader's

And if you look at things, you will know that Bitcoin trends every day on the stock market and it is something we keep hearing about. Even the people having issues with the legality of Bitcoin will not have a choice but to later agree. because countries that have invested in bitcoin would have mad profit, and before you know it, other countries will start copying from those once that have invested in bitcoin. It will be a matter of time before everyone starts to accept Bitcoin because it will be as if there is no choice. Because of the way you people are adopting it, even the government cannot stop this point, and if the youths are involved sooner or later, they will agree.

Legalisation of bitcoin or crypto currency is a long road. I mean, many countries and their governments are still hesitating in crypto as it can't be controlled; they can't put taxes on every transaction or the buying of assets, so it's normal that they still can't get the hand of it. For example, if El Salvador is a country that accepts the usage of bitcoin and crypto currency, what is the trigger for them to accept and adopt crypto currency? Simple because many people demand it and many people do it, so the government of that country has no choice but to adopt it in order to have harmony, and it's great that people there can freely use bitcoin or crypto currency for transactions, but of course, in the early stages, we can notice the struggle as the adoption and acceptance of this kind of complex system are not easy without proper planning.

[EluguHcman]

Africa is a dubious continent, they can be aware that a functioning development are in good helping services to their people but would always crave on standing against it and that is why the African countries are being so backwards in developments and acquiring of the advanced technologies and lacking developments all just because their leaders who are already worthy before resuming office are rulling to get richer while the youths and the poors are crumbling for hard times of living.

Due to the decentralization and non-custodian policies in the digital system, I doubt if any of the African countries would humbly accept it as alternative for their financial transaction payments. Although there had been the legality of bitcoin and the Crypto currencies there in some African countries such as my country Nigeria but where individuals and the private sectors can accept and trade with it while restricted from the government sectors accepting it.

Anyways... If there would be any of such we OP has insighted whether the information is authenticated or not but in as much such future streams about Bitcoin in African would come through then it is also a welcomed development for the countries.

[Casdinyard]

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.

Africans are definitely ripe for the bitcoin takeover. In the past countries like Nigeria have shown respect and massive interest in acquiring bitcoin as a means of financial backup and sometimes even financial option for them, given the fact that bitcoin can literally 0 to 100 you in a matter of days or weeks.

If all it takes for the entire African continent to be bitcoin-friendly is a little push from the outside world, I'm pretty sure the industry and the community wouldn't mind giving you guys that little oomph in support and love, and may even provide you with real tangible assistance to mobilize your plans for bitcoin adoption in a much faster and more efficient ways.

Africa also gets sun all year-round, allowing them to mine cryptocurrencies without issue against environmental destruction or oil fees since the sun is a renewable source of energy and it's so accessible, Africa has got all the things that it needs to start this bitcoin revolution within their territories, all they really need is a solid plan that unites them together, and they should be good to go.

[Fuso.hp]

Many people from African countries currently invest in Bitcoin and many people are involved in crypto currency. Basically the citizens of the Nigerian country usually try to get involved in various crypto related activities including investing in Bitcoin to alleviate their poverty. Nigerians may not have a clear idea of what kind of decisions they will make or what decisions they will make in the countries they are in. From Nigerian countries we can see different decisions at different times. The government of Nigerian countries has never settled on any particular decision. They never confirm that they don't approve bitcoin in their country and they don't directly approve bitcoin. Once they tried to allow bitcoin and then they banned bitcoin, due to the state of their decision I am also confused whether they will allow bitcoin in their country in the future.

[kotajikikox]

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.

There are already countries that accept or legalize bitcoin in african countries but I
am not sure if you live in those who is not have this legalizing but I am sure you will benefits
when this happens.

You're referring to legal adoption as a legal tender, like the recent move in an African country. While Africa holds vast resources, its financial policies don't wield substantial global economic influence. Should there be serious warnings or bans on Bitcoin in major economies like the US or EU, other countries are likely to follow suit.

this is also that I wanted to happen in my country , to have bitcoin as legal
tender , hoping also that you will take this mate.

[Bobrox]

I am appreciating with OP decision wish in the future to see some countries in Africa legalize bitcoin become payment transaction, but believe or not thousand countries in African legalize bitcoin can't bring bigger impact with one top European country make bitcoin as legal payment. Small impact for the world make less benefit when bitcoin becoming transaction and difficult break out bitcoin raise to higher price or become more popular,
so far El Savador and several African countries have adopted bitcoin as legal payment tender but still difficult for bitcoin get acceptable with the top country.
Need to see the against countries with United State such as Russia or China make bitcoin as legal payment transaction and bitcoin will be popular on the future by adopting all developing countries around the world.

[Lida93]

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.

It's in two ways from how I view it here; it's a future digital currency for those that haven't adopted it either as a store of value or transaction purposes and while for those of us already making use of it it's nothing of a future digital currency but something we're all already living in the present with as a financial instrument.

As for legalization by African countries I am sure that if it's just African countries alone bitcoin doesn't have a problem of acceptance as with all the countries of the African continent you can hardly see any that's with stringent restrictions towards it's citizens on the use of bitcoin and cryptocurrency as a whole unlike in other countries of the world.

[Vincom]

It's in two ways from how I view it here; it's a future digital currency for those that haven't adopted it either as a store of value or transaction purposes and while for those of us already making use of it it's nothing of a future digital currency but something we're all already living in the present with as a financial instrument.

As for legalization by African countries I am sure that if it's just African countries alone bitcoin doesn't have a problem of acceptance as with all the countries of the African continent you can hardly see any that's with stringent restrictions towards it's citizens on the use of bitcoin and cryptocurrency as a whole unlike in other countries of the world.

Africa is a new market and is ready to adopt new financial solutions to achieve economic development and improve quality of life. El Salvador in Latin has successfully applied the BTC strategy and African countries can learn from it. However, this also requires the government to be truly open to crypto. Nigeria has become a dangerous country for crypto after its government tried to attack CEXs and blamed crypto for the devaluation of its currency.

Crypto is currently being mined, stored and traded via P2P in Africa, especially in countries with high inflation, but to develop further it also needs to be approved and supported by the government. We will need a large-scale experiment in one African country to strengthen the feasibility of using crypto for the purpose of national economic development.

[$weetne$$]

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.

Before Bitcoin celebrate 50 years of existence, I also want it to have achieved so many things but not getting regulated. African citizens love Bitcoin but not the government because some of the African countries haven't said anything about Bitcoin and the government of others are fighting Bitcoin. I want Bitcoin to be very known and used in the world and not just in Africa because Africa can't start a revolution for Bitcoin. Africa has more life challenging issue than accepting Bitcoin. African has power issue, internet supply issues and also have water and educational challenges. African should focus on solving this issue first so they can give a good life to people from the continent and reduce the amount of individuals that are migrating every year to Europe and other part of the world to search for good life.

[pinggoki]

Yes, Africa is an untapped potential of a continent and if you ask me, if they can ever stop the terrorism, civil wars and corruption in a lot of countries in Africa, that continent is going to be the most prosperous of all. I think bitcoin is going to be a big help too, they're going to benefit from the fact that they've got an option to invest in something that's out of reach of many people that may try to steal from them, that's what I can get from all of this, I do believe too the legalization of bitcoin or cryptocurrency in general is a really big economic help for everyone especially the low income individuals that don't have the ability to increase their income. This will not just benefit the individual but also the economy of the country as a whole, with more purchasing power for individuals, more products and services are bought thus increasing demand and production.

[Kakmakr]

Well, it is not illegal in most of the African countries, because I know that Nigeria and South Africa has regulated it and people are paying "Capital Gains" taxes on their trading profits.

The big hurdle will be for countries to legalize it as a "Currency" as legal tender, because most countries has accepted it as a "Commodity".

[Ayers]

Well, it is not illegal in most of the African countries, because I know that Nigeria and South Africa has regulated it and people are paying "Capital Gains" taxes on their trading profits.

The big hurdle will be for countries to legalize it as a "Currency" as legal tender, because most countries has accepted it as a "Commodity".

If governments accepted it as a commodity to trade, it would no longer be possible for it to become currency as legal tender. Although Satoshi's intention to create bitcoin was just currency, so far we can confirm that that will not happen. Everyone sees bitcoin as a commodity to make profit instead of treating it as a currency. I even think that even if the government accepts it as a currency, not many people will use it for payments as long as its volatility persists.

[rodskee]

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.

African continent and its countries are growing fan  of Bitcoin(or at least altcoins) so 
there is nothing impossible for this to take place in future or even sooner , but what could
help you guys is yourself and community , you should help the bitcoin to be acknowledge
of your government and then followed by legalization , but what I wanna ask you is that
"do bitcoin banned or illegal in africa?" if yes then yeah you should keep pushing this to
your countrymen to partake in this initiative in government accepting bitcoin.

[Nrcewker]

The main reason for Africa not accepting Bitcoins as a legal tender is due to the decentralised nature of the coin. For this they are not able to track how many Bitcoins an individual has, and again they are not able to impose tax on it. It’s really hard for a nation to accept Bitcoins at this moment, don’t know about the future, but if they can compromise with the taxes then definitely Bitcoins can be accepted at major parts of Africa as legal.

[kelechi]

In authoritarian African countries, legalizing Bitcoin may face challenges due to centralized control. However, discussions around its benefits for financial inclusion and economic growth could still emerge, influenced by factors like government attitudes towards digital currencies and financial systems.

[Z390]

The number of crypto users in Nigeria is probably the highest among all other African countries, and this number keeps growing every day, Nigerians are very good at going after technology thats trending, they are smart people, even when Bitcoin was still very new I remember that some Nigerians are already building their own Bitcoin mining farm, I saw one in 2014 and I was curious what all those machines are for.

Instead of me to do my own research I neglected it, maybe I would have known Bitcoin so very soon instead of getting into Bitcoin in 2017, but thats that, I can't turn back the hands of time, bitcoin is already legalise in Nigeria but I believe that even if its banned many people won't stop getting into Bitcoin in that country.

Bitcoin ease the hardship of many citizens of Nigeria, many people are into crypto trading, investing and also crypto mining, I wonder what all these people would do if crypto never existed.