Post
Topic
Board Serious discussion
Re: Cryptocurrencies as an alternative payment option in Africa.
by
carter34
on 28/02/2020, 11:57:20 UTC
Simple questions :

Do you think that volatility syndrome of bitcoin better than the "fluctuating" fiat in Africa?

The slow network or no network at all, good for digital currency?

How long do you think it will take Africa to fix bad network?
Anyway, bitcoin adoption isn't very close to many continent for now, not only Africa.


@carter34,


"...Anyway, bitcoin adoption isn't very close to many continent for now, not only Africa.  ..."

FYI, there is no govt in AFRICA. i'm willing to drop 1 bitcoin in an escrow for anybody who think otherwise with proof.

I assume you are speaking as an outsider. Go to Africa and see what an average child goes through in order to get 1 square  meal a day.
Well, the citizen can choose to use (not adopt) any currency they prefer most and drop the latter. What is the benefit of using a dead currency?


Thanks
Soldierwitlittlefaith


To clarify my position better, I'm like technologically developed countries can talk more of letting go off fiat for now because they can adapt better and the less developed can keep growing but might not be ready now.