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Lubruselu

Most Africans country bitcoin used

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Do you know that's Africa also are the one of the continents that's are most users of bitcoin.

But there have two greatest countries which are most represent Africa to look most interested in bitcoin which are.

- South Africa 

- Nigeria  

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Is bitcoin legal in African countries? It seems like an African country is not like China which prohibits cryptocurrency.

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Like you, I think Nigeria and South Africa use the most bitcoin and they complete transactions with cryptocurrency. I think Nigeria and South Africa are the largest users in the world.

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Africa is continental with bad economic ( sorry ) and they will do anything to cover people need. They see bitcoin is opportunity to make income because job very difficult to find. As long their country accept bitcoin everything you do to keep economic running is good.

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8 hours ago, Lubruselu said:

Do you know that's Africa also are the one of the continents that's are most users of bitcoin.

But there have two greatest countries which are most represent Africa to look most interested in bitcoin which are.

- South Africa 

- Nigeria  

The Africans countries actually they don't get any restrictions of bitcoin use but I see the people who are interested in bitcoin from Africa is too low


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8 hours ago, Lubruselu said:

Do you know that's Africa also are the one of the continents that's are most users of bitcoin.

But there have two greatest countries which are most represent Africa to look most interested in bitcoin which are.

- South Africa 

- Nigeria  

Hello Mr. or Ms. Lubuselu. That is an interesting statement there. I didn't know bitcoin was greatly used in Africa or that Nigeria was one of its largest user. I imagine it has to do with stability.

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You forget Tunisia, which has just launched its first coin, EDinar, I think! At the level of the governments Nigeria is the south of Africa but if one speaks of use the countries of north are the first ones.

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Honestly I didn't know that before, I know that bitcoin earners are everywhere and I expected to see a lot of countries not just two of them in the biggest continent in the world

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16 hours ago, Lubruselu said:

Do you know that's Africa also are the one of the continents that's are most users of bitcoin.

But there have two greatest countries which are most represent Africa to look most interested in bitcoin which are.

- South Africa 

- Nigeria  

Is it true? if true, a country that is experiencing a crisis may be because they hope to use bitcoin will reduce inflation. I'm sure it's because Venezuela also wants to do the same thing.

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6 hours ago, Silvinator said:

Well there are countries like Zimbabwe that used bitcoin and other cryptocurrencies to escape the financial economic crises they had and the hyperinflation they had. It was also indicated that bitcoin was very important to be able to overthrow the government that had them under that situation

I know that's Zimbabwe also they use bitcoin but it not mostly cause I compare it with Kenya and Tanzania. But most of Africans if you met them in the cryptocurrency they will introduced their self that's are from South Africa, Nigeria also some of them are from Algeria

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Yes, the two countries are interested in bitcoin. South Africa and Nigeria. I hope other countries begin to look again at bitcoin and hopefully other countries will also be able to run bitcoin.

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Bitcoin/crypto currency is not yet common in Africa,only few of them adopt it,maybe South Africa only,the other country citizen are only trading with bitcoin.you can't go-to any store in so many part of Africa to buy goods with bitcoin

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Yes, cryptocurrencies are getting known by the world and also some of the big companies. It is a great thing since we can earn through it and can be used for transaction. Hoping that it could happen in my country too.

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23 hours ago, Lubruselu said:

Do you know that's Africa also are the one of the continents that's are most users of bitcoin.

But there have two greatest countries which are most represent Africa to look most interested in bitcoin which are.

- South Africa 

- Nigeria  

It is because they have some issues using money on international platforms and they find it hard to send money via banks or a third part so they found bitcoin as best for them. 

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19 hours ago, Abanti34 said:

You mentioned in this post that the two countries in Africa that use the highest amount of bitcoin.  So I also agree that Nigeria and South Africa are at the forefront of bitcoin trading.

But the different of this countries is thats nigerians they use bitcoin for trading, gambling, and spending but south Africa they have invested in bitcoin mining, also they have cryptocurrency exchanges such as localbitciins.com and others 

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Yes, there are many traders in other countries that deal with cryptocurrencies, although these countries prohibit dealing in cryptocurrencies like Egypt and Morocco


 

Life is great and enjoy it

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2 minutes ago, Moneykiller said:

Africa is no other less than Europe in terms of investors as well as users of crypto.but in case of Asian countries used is very less.

I think Africa might be the 4th continent to be most of cryptocurrency users in the world and I see its people are really like to know more about bitcoin they are really interested


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On 12/6/2019 at 9:26 AM, Lubruselu said:

Do you know that's Africa also are the one of the continents that's are most users of bitcoin.

But there have two greatest countries which are most represent Africa to look most interested in bitcoin which are.

- South Africa 

- Nigeria  

Most likely,because Nigeria and South Africa are the biggest economies in Africa, but where did you get your information from? One thing for sure is that the governments in African countries are yet to wake up to the realities of cryptocurrency. Any impact made so far is largely due to the yearning of the people for better, faster, cheap, reliable and secured ways to transact internally and globally, which is what Bitcoin represents..

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It's good that Africans are updated and also have knowledge about cryptocurrency, this will help them to do some transactions easier and faster. This is a really good improvement in their country.

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I thought maybe that would happen. because bitcoin greatly facilitates transactions from citizens. but if bitcoin is used as the main money there, I really don't support it because it will indirectly damage the African economy.

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Indeed, Africa has, in order to create tokens, there is a blockchain in the country of Africa. Many people know about this. A kind country like Africa deserves a blockchain. 

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