Quote from: 7West on October 18, 2014, 03:28:53 AM

Quote from: McKie on October 14, 2014, 08:47:42 PM

...Perhaps we should make plans to start breaking into new markets (Africa, India -- anyone?).

I considered this myself a few weeks ago when looking into the cost of billboard advertising in Africa. BlackCoin will likely do very well in emerging markets as smartphone use is gaining traction quite quickly in both Africa and India. We could benefit immensely if we focus on long term goals and target market these economies early in the game.

I understand that there are a lot among us that want to see this coin jump in price within the next few months. I am not one of those. I rarely even see the price until I buy. What I do see is real world value and believe we should also focus on long term goals that are 4-5 years out.

BlackCoin needs to be used for what it was designed for. Currency. People need to sell eggs for BC so they can buy milk or firewood with BC. And although 1% interest doesn't seem like a lot to most of us, it's an incredible amount to someone living in a third world country whose fiat currency keeps declining in value. We need to capitalize on our strengths: Confirmation speed, 1% interest and our ubiquitous name.

Africa:
http://www.cnn.com/2013/11/07/opinion/real-mobile-revolution-africa-smartphone/

India:
http://www.nielsen.com/in/en/insights/reports/2014/unstoppable--smartphone-surge-in-india-continues.html

I like this idea. Thinking outside the box is what we and Blackcoin should be all about. The emerging third world is positioned perfect for Blackcoin...
Maybe better said, Blackcion is positioned perfectly for Africa.
One more thing to think about is the fact that India "Loves Gold". The billboards there should read something like,

Blackcoin
Join The Crypto "Gold" Rush...