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.
Maybe before sent him these 1'000 dollars you should inform you about the bitcoin situation in Namibia. If he can't exchange bitcoin for USD and then for NAD, he should send back the 1k dollars in bitcoin and you should send these money (to him) through WU or moneygram. Bitcoin is not ready for all the world, some people have never used a credit card or owned a bank account...