Most Africans country bitcoin used

[rajonmia 181]

Wow that is really interesting.  Also we know Bitcoin use world wide. Anyone can use this coin also invest this coin any other hegitation.

[Soaib khan 1035]

Nigeria. in nigeria many peoples using crypto currencies for earning or international transaction one my friend in nigeria telled me nigeria many peoples know about crypto

 

Edited January 3, 2020 by Soaib khan

[Dolpharius 675]

I respect Africa for the people who are interested in cryptocurrency living in it, this has a significant impact on the crypto sphere, there are many mobile applications where people earn cryptocurrency

[Muhammad atif iqbal 569]

It is is no surprise that some of these countries are among the main bitcoin economies in africa i think Nigerian most used bitcoin as the passage of time crypto currencies will more developed in african countries and south asian countries bitcoin play very important role in their economy is

[HammadAli 91]

 

On 12/8/2019 at 7:51 PM, laska smrtici said:

Anyone in this world can deal with cryptocurrencies, and there is nothing wrong with that, even if countries prevent it, it is difficult for them to discover that.

If they cannot discover you but they can become resistant in this process. And can also be charged.

[SuperCrypto 7193]

On 12/6/2019 at 10:26 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  

It appears that the Bitcoin BTC market has been heading to Africa in recent times, and this was confirmed by Jacques Dorsey, CEO of Twitter and Square, in his recent tweet.
In his tweet, Dorsey said on Twitter, “Bitcoin will determine its future for Africa".

[Honny143 13612]

Yes African countries use crypto currency because African countries lot of people work in other countries they send money their family so they use crypto currency because transaction fees less and don't needed to go bank 

[Linkkoin 116]

4 minutes ago, Honny143 said:

Yes African countries use crypto currency because African countries lot of people work in other countries they send money their family so they use crypto currency because transaction fees less and don't needed to go bank 

Fees which can be enormous in many cases (as there are literally tens of correspondent banks, each taking their own fee). Second is the speed of transfer - from 1st to 3rd world countries wire transfers literally can take weeks. With cryptocurrencies - almost instant (XRP) to up to 1 hour (BTC).

As well, especially if we speak about countries regarded by the traditional financial institutions as failed ones/where terrorism/civil war is a serious problem, there is a problem. Banks will simply refuse to process the transaction just because of that.

With blockchain transfers, you can send cryptocurrency wherever you want.

As well infrastructure is a thing which has to be bypassed - often in less developed countries, the nearest bank might be over 100 miles away, while wireless mobile internet might be way more available.

 

So then these limitations faced in many African countries may be a positive thing, making Africa a leader of blockchain and cryptocurrency innovations.

[Honny143 13612]

2 minutes ago, Linkkoin said:

Fees which can be enormous in many cases (as there are literally tens of correspondent banks, each taking their own fee). Second is the speed of transfer - from 1st to 3rd world countries wire transfers literally can take weeks. With cryptocurrencies - almost instant (XRP) to up to 1 hour (BTC).

As well, especially if we speak about countries regarded by the traditional financial institutions as failed ones/where terrorism/civil war is a serious problem, there is a problem. Banks will simply refuse to process the transaction just because of that.

With blockchain transfers, you can send cryptocurrency wherever you want.

As well infrastructure is a thing which has to be bypassed - often in less developed countries, the nearest bank might be over 100 miles away, while wireless mobile internet might be way more available.

 

So then these limitations faced in many African countries may be a positive thing, making Africa a leader of blockchain and cryptocurrency innovations.

Yes I agree with you in banks we show physical currency but in crypto currency we don't to need when in illegal activities they use cryptosystem

[Linkkoin 116]

5 minutes ago, Honny143 said:

Yes I agree with you in banks we show physical currency but in crypto currency we don't to need when in illegal activities they use cryptosystem

For illegal activities the only coins which can be useful are privacy coins with their privacy mode - silk road merchants involved in such actions are now being subject to legal actions, as blockchain transactions can be tracked

[pakjobhelp 1585]

There are different country and its native people provide the cash out facilities and peoples of these countries use the easily the crypto currency in case of the government cannot accept the crypto currency. This thing show that how much people demand the crypto currency.

[Romaan1987 601]

On 12/6/2019 at 1:26 PM, 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  

After nigeria and south africa there will be venezuela will be the most number of users of bitcoin, and after that it will spread to the world.

[NordisLofer 77]

I think. Since Nigeria creates coins, and it is called Bitfxt, this is the very first cryptocurrency exchange in Nigeria.

[Yanadia 1517]

Good to heard that .Besides Bitcoin is not about legal and illegal anymore like in my country if Transactions cannot be done in Indonesia, users can make transactions in other countries.  Millennials live in an internet era where the state is not a limit.

[Sid 589]

I just found out that there are a lot of cryptocurrency users in Africa. Hopefully more and more countries are adopting bitcoin so that prices will go up in accordance with increased demand 😊

[Tine0313 3053]

I think South Africa is open for adoption of cryptocurrency because many users of bitcoin and other cryptocurrencies are from there. A developing country that is using crypto is has a potential to be in top. 

[Naylor89 1223]

Although the crypto market is highly volatile, Bitcoin remains an exciting investment opportunity .More and more Africans are turning to Bitcoin to overcome the limitations of restrictive banking options.

[DavCrypto 298]

Most of Africa, the Middle East and vast regions of China show very few hotspots on either map. This represents a great opportunity for entrepreneurs in the area - especially since these areas are also the ones with the most unprotected citizens.

[Delgboke 2480]

It was difficult for Africans to accept cryptocurrency at the initial time but currently you can see alot of Africans embracing cryptocurrency individually since the government cannot see the opportunity digital currency brought. 

[Sajjad Hossain 375]

Bitcoin is now a very popular spread across the world, especially in the African continent.  And Bitcoin is converting transactions into Bitcoin, all online transactions are done through Bitcoin.  Cryptocurrency is now spreading everywhere.

[Ali_hmwi 966]

I have some friends in South Africa they all good and trying to do a happy life so they always search for a good thing to do.

So i really see that cryptocurrency is good for every one not even A specific country.

[Sedy 670]

Bitcoins users are all over the world.. even if it is legal or illegal in the country. People knows and hope that crytpo currency would soon be legal and the only currency world wide to trade ,buy, or sell. 

[Sohel Rana 406]

On 12/6/2019 at 2:26 PM, 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  

We know maximum african countries currency values down day by day.That's why many african people hold bitcoin and others crypto for long time investment. We see now Zimbabwe    currency almost dead and many people lost his fund value because Zimbabwe's currency totally value less. That's why day by day african countries bitcoin more popular.       

[shafi123 187]

In african ountries, there is not lot of use cryptocurrencies but some people in billion works on the cryptocurrencies and get benefits. Now a days, trading on the side in african more 

[gigabyteRTX 1583]

Well, that's nice to hear that there are countries that are widely using of bitcoin or crypto. I hope with the use of this technology, their economy will increase, or the individual's lives could change in using cryptocurrency.