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Author Topic: Bitcoin South Africa  (Read 1282 times)
Sjalq
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May 12, 2011, 01:23:38 PM
 #1

Hey guys,

We're kicking off the www.BitCoin.co.za for South African BTC users.

SA has some challenges in getting BTC up and running, specifically currency controls. But we hope to raise a community that can help us overcome these challenges.

Anyone from anywhere else is welcome to drop their 2 bitcents on how BTC can begin to be used in a new region. Or just Troll, there is no activity at the moment so even trolls are welcome Wink

Cheesy mine mine mine mine mine mine mine Cheesy
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goatpig
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May 12, 2011, 01:32:06 PM
 #2

Hey guys,

We're kicking off the www.BitCoin.co.za for South African BTC users.

SA has some challenges in getting BTC up and running, specifically currency controls. But we hope to raise a community that can help us overcome these challenges.

Anyone from anywhere else is welcome to drop their 2 bitcents on how BTC can begin to be used in a new region. Or just Troll, there is no activity at the moment so even trolls are welcome Wink


So far Bitcoin is primarily a store of value, and to function smoothly in that regard it needs a proper market place. I don't know if SA uses USD. If you guys do, then anyone in SA can start with Bitcoins in a matter of minutes. If not, you should consider setting that up.

Anything that is vendor related is mainly a matter of figuring out where the local legislation stands, mainly with revenue reporting and the like, problem which, most likely, can only be discussed with locals.

btcarmory.com
Cryptogirl82
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June 13, 2014, 04:25:57 PM
 #3

so any news from soith africa? do you guys have any BTC ATMs in south africa?

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Justin00
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June 13, 2014, 04:30:40 PM
 #4

I'm from South Africa but moved to Aus 27 years ago..
and I use bitcoin.. so like.. yeah!!!


ShakyhandsBTCer
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June 14, 2014, 03:29:52 AM
 #5

Hey guys,

We're kicking off the www.BitCoin.co.za for South African BTC users.

SA has some challenges in getting BTC up and running, specifically currency controls. But we hope to raise a community that can help us overcome these challenges.

Anyone from anywhere else is welcome to drop their 2 bitcents on how BTC can begin to be used in a new region. Or just Troll, there is no activity at the moment so even trolls are welcome Wink


This is really where bitcoin has the most potential.

Forget about trying to avoid paying high fees to paypal. In places like South Africa (really almost every country in Africa) you can simply worry about being able to transfer money securely at all. Bitcoin is the solution to this.
RepublicSpace
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June 14, 2014, 08:32:40 PM
 #6

I assume you are letting people in africa trade mpesa for btc and visa versa?
Russell1
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June 14, 2014, 09:23:17 PM
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https://coinreport.net/zabitcoinatm-brings-bitcoin-johannesburg/

Skele
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June 15, 2014, 12:38:39 AM
 #8

I heard news about Kenya and the problems they have with money transactions, and how they are looking Bitcoin as the solution, adding

that cryptocoin will begin to compete with companies like Western Union with transaction fees... Great news ! i think this could be the

start for Bitcoin getting know worldwide.
ShakyhandsBTCer
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June 15, 2014, 04:14:31 AM
 #9

I heard news about Kenya and the problems they have with money transactions, and how they are looking Bitcoin as the solution, adding

that cryptocoin will begin to compete with companies like Western Union with transaction fees... Great news ! i think this could be the

start for Bitcoin getting know worldwide.

If there can be sufficient internet access in 3rd world countries then it would be very well possible that Bitcoin could replace local currencies.
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