Post
Topic
Board Bitcoin Discussion
Re: Africa May Leapfrog Traditional Banking
by
Amph
on 11/04/2015, 07:13:18 UTC
When the M-Pesa / Kipochi partnership was first launched, there were lots of interest, and it seemed that BTC will capture quite a lot of market share. But now it seems that things have cooled down a bit.

Unless African population is educated to use internet & smart phone, bitcoin has no future over there.

I think you're being pretty ignorant here. Africa is a massive continent and contrary to popular belief they don't all live in mud huts with no electricity. Even many impoverished African countries have a mobile phone but don't and can't have a bank account so bitcoin could really flourish over there. The internet isn't as scare as you might think either and is being implemented there at an astonishing rate.

not all of them(all country in africa) are so advanced and are confortable to use technology device, this is true for the sud africa, nord africa on the other hand is getting better, and they have nothing to envy to europe or usa(i have friend that live there, so i know a bit about it)