Quote from: gabbie2010 on May 17, 2018, 06:27:19 AM

Quote from: Pricelessent on May 11, 2018, 11:40:11 PM

Does anyone know how big Bitcoin is in Africa? Bitcoin and blockchain tech in general seems to be something that can help under developed countries

There are so many factors militating against the growth and adoption of bitcoin in some African countries examples are poor infrastructural facilities like epileptic electricity supply, literacy level is very low, inaccessible and slow internet facilities and some schools of thought believed that bitcoin is a ponzi scheme thus sending fears to potential investors.

Have you ever looked at the growth of mobile telephony in Africa? It's very widespread and often they have better signal in the back of beyond than you might get in a city.

They've bypassed the old school clunkiness of installing physical phone lines and gone straight to the most modern method. The same might apply for crypto. Since many have never had access to normal banking it's likely they'll migrate straight to crypto when it becomes fully viable. There's no real alternative for them anyway.