Quote from: gokudera on October 16, 2018, 12:45:06 AM

Quote from: UconBit on October 15, 2018, 11:09:18 AM

The success of digital wallets in the African continent was really great and based on what I've read on news articles about it, it really helped the economy and the businesses when it all started years ago.
With this in mind, will Africans be welcoming of bitcoin/altcoin as a real currency and not just a quick way to earn cash or invest? Like using it as real money / cash?

Though some parts of Africa suffering from difficulties in their daily lives they may use to welcome bitcoin and altcoin as their money and for other transactions it might be useful to them to have a certain finances for their life. A country like Africa who's use to entertain ideas like crypto are those who will be more innovated if it goes through.

Africa is not a country mate, it is a continent and there are about 57 countries or thereabout in this part of the world. Some research was conducted by world bank and it was discovered that about 47% of the population of sub-Saharan Africa, lived on $1.90 a day or less. Although, it was discovered as well that the Youth literacy rate has increased over the years and it is about 70% if I recall right and that is a good start.

However, we still have to understand that access to cryptocurrency can only be possible if there is an access to Internet or other basic facilities which is unavailable to people in most part of Africa. Although, I can say that some of the developing parts with access to technology may be doing well, but if we are to compare to the total population of Africa, there would be some limitations and barriers to most part of the population and that is going to be a challenge to adoption in the most of Africa.