Ok So I Just Sent £1000 of BTC to a Friend in Northern Namibia.. Now What?

[redsn0w]

Interesting discussion.
So it is still a probelm for a unbanked African, without a passport and just a mobile phone.
Hmm, I thought, that was fixed somehow...


SO BITCOIN DOES NOT WORK FOR THE UNBANKED YET !!!


...and it looks like there is no reason for them to jump in, before a new created service is providing a solution...

If you are clever, this might be a big business!

Yes of course but if you will find someone that wants pay you with cash I think you can sell bitcoin to him. Bitcoin is not ready for the "mass" and it will be never ready if someone will not create an user-friendly system withou the help of the banks.The banks is the cancert at the moment.

Here a fantastic article about Uganda & bitcoin : http://www.forbes.com/sites/kashmirhill/2014/05/22/using-bitcoin-to-send-money-to-your-brother-in-uganda-would-be-awesome-if-it-actually-worked/   but it is only an example.

[1714925531]

1714925531

[turvarya]

So, did OP try anything?
Reading through this thread, there seem to be ways, to make it work, even in Namibia.

It really get on my nerves, how people always just suggest, that it wouldn't work, making statements about a country, they don't know anything about.
Fun fact: Not everybody in Africa lives in a hut, with no clean water. Your educations system obviously failed you.

 

Nope, it was merely a hypothetical question to stir up discussion.  No attempts have been made yet...

https://bitcointalk.org/index.php?topic=999791.msg10857611#msg10857611

and there were suggestions. Are all this suggestions crap?
This thread was made to tell everybody, that it doesn't work without even trying.
I see that really often. People complain about something, and when you offer help, they just don't want it, they just want to complain.

[acquafredda]

OK, So I just sent £1000 of Bitcoin to a friend who is in Northern Namibia (just above South Africa).

He received the funds via an app on his phone - Mycelium..

The problem is we have no idea what to do now. Ideally he needs to transfer the btc to his local currency (NAD) or spend the bitcoin locally but noone there accepts bitcoin. How can we convert this money to something he can actually spend?

Thanks in advance.

I think that he should sell BTC and buy USD and then sell USD for NAD

you're late...
that was only an experiment. you should read everything before posting

[criptix]

OK, So I just sent £1000 of Bitcoin to a friend who is in Northern Namibia (just above South Africa).

He received the funds via an app on his phone - Mycelium..

The problem is we have no idea what to do now. Ideally he needs to transfer the btc to his local currency (NAD) or spend the bitcoin locally but noone there accepts bitcoin. How can we convert this money to something he can actually spend?

Thanks in advance.

I think that he should sell BTC and buy USD and then sell USD for NAD

you're late...
that was only an experiment. you should read everything before posting

You should do the same

OP was just a troll.

He  neither have 1000 £ nor a wife with relatives in namibia.

There are solutions but he only bothered to point out what would not work.

[abyrnes81]

OP was just a troll.

He  neither have 1000 £ nor a wife with relatives in namibia.

There are solutions but he only bothered to point out what would not work.

How do you know that? Do you have some proofs or are your thought only a normal supposition? I also don't think he didn't (or will not) send money to Namibia.

[criptix]

OP was just a troll.

He  neither have 1000 £ nor a wife with relatives in namibia.

There are solutions but he only bothered to point out what would not work.

How do you know that? Do you have some proofs or are your thought only a normal supposition? I also don't think he didn't (or will not) send money to Namibia.

its called logic and is quite obvious.

OP only points out options that doesnt work and ignores solution that are working and are cheaper.

No need to be a rocket scientist to see that.

[manselr]

Interesting discussion.
So it is still a probelm for a unbanked African, without a passport and just a mobile phone.
Hmm, I thought, that was fixed somehow...


SO BITCOIN DOES NOT WORK FOR THE UNBANKED YET !!!


...and it looks like there is no reason for them to jump in, before a new created service is providing a solution...

If you are clever, this might be a big business!

Yes of course but if you will find someone that wants pay you with cash I think you can sell bitcoin to him. Bitcoin is not ready for the "mass" and it will be never ready if someone will not create an user-friendly system withou the help of the banks.The banks is the cancert at the moment.

Here a fantastic article about Uganda & bitcoin : http://www.forbes.com/sites/kashmirhill/2014/05/22/using-bitcoin-to-send-money-to-your-brother-in-uganda-would-be-awesome-if-it-actually-worked/   but it is only an example.

SMS technology is availible almost everywhere and there's already things at work to allow blockchain operations with SMS, the problem is having people that accept BTC directly, or converting BTC in the local currency.