Quote from: The_Tick on August 09, 2018, 01:47:00 PM

Quote from: Red Fish on August 09, 2018, 01:39:44 PM

In Africa Internet is not everywhere, plus many people do not have computers, therefore crypto future for Africa do not exists. African people are welcome to move to Europe ( Spain, Italy etc. ), where electricity and computers are everywhere. Wink

There is most certainly Internet all over Africa. Of course, not all people have the internet in Africa, but the numbers are increasing every day. Maybe you should visit Africa before you start saying thing like that. When I was in Kenya everybody was already using an electronic payment system. I can't remember the name of it, but you could pay with it anywhere. The money was just attached to your phone number. This way people could go out and not worry that somebody would steal their cash. This isn't a cryptocurrency, of course, but it's electronic, and that shows that it's possible in Africa too.

I just remembered what the payment system is called and found the Wikipedia article. It's called M-Pesa. Pesa means money in Swahili. It was created by Vodophone in Kenya originally. In 2012 they already had about 17 million members in Kenya, with a population of about 49 million. I'm sure they have even more members now, so they're well over one third of the population with this system. I think it's probably closer to half. You can use it to get microfinance loans, you can pall bills, transfer money to others, and now you can even buy things in the Google Play store via their service. The service is also working in Tanzania, South Africa, Mozambique, Egypt and Lesotho. If this can work in these African countries, I'm sure crypto can work too.