Post
Topic
Board Bitcoin Discussion
Re: Africa - promised land of Bitcoin?
by
sraosha
on 02/04/2014, 09:46:19 UTC
Africa?  No.  Africa doesn't have a good track record at adopting advances in technology or culture.


I counter that. I live in Africa (Tanzania) and everybody is using M-Pesa here, which is in many regards more close to Bitcoin, in how you use it, than you might think. Check it out:

https://en.wikipedia.org/wiki/M-Pesa

It is used widely in Kenia as well and if M-Pesa would be a bank (it isn't though), it would be the biggest in Kenia.

So, in my opinion Africans are quite inventive - e.g. when it comes to recycling waste into new things - and most now also have smart phones in the big cities.
If they will adapt a new technology is not entirely predictable of course, same as in other countries. Who would have anticipated Cyprus for instance.