Internet access and the imminent adoption of Bitcoin Cash in Africa

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3 years ago

In the past there were discoveries on the African continent that did not have much weight on the internet, many of these discoveries were related to natural resources such as gas, oil, precious stones and other derivatives of the soil that did not have much impact on what is the experience of the own African people because everything was or will be controlled by the state. The internet started to be a refuge for young Africans who were not contemplated by the distribution of these same natural resources and the wealth that came from it, and they ended up bringing various conflicts to many societies where the same resources were discovered, because these are used and abused by the government and the partners who pocket several billion dollars with their exploitation, but the wealth is never equitably distributed among the people but rather by the leaders in power.

With little to explore, young Africans who have longed for a dignified life began to massively explore the internet in search of sustainable businesses that could help with their lifestyle and also empower them so that they would not have to depend on charity of the state and its bureaucracy. The intensive use of the internet began to become notable and little by little the young Africans started to explore platforms that guaranteed a reasonable income (taking into account the standard of living in the continent, where the minimum wage is around 55 dollars to 375 dollars) is being often accessible via mobile phone and not on conventional computers, where access depends largely on installed tools so that they have the possible connectivity, access was notorious in countries particularly advanced in online knowledge such as Nigeria, Kenya, South Africa, Egypt , Morocco, Seychelles and many other countries where the search for work online was also looking for less centralized means of payment, as many of these countries do not accept to receive international payments by traditional means such as interbank transfer or PayPal, but instead choose to receive their income in cryptocurrency.

As we can see the use of internet in Africa is widely spread among many countries according to statista, but only few of them have particular interest in crypto assets

Cryptocurrencies are more favorable and accepted in many African countries, as there is still no clear legislation on the subject and guarantees receipt of the amount in record time without involving banks or intermediation by any financial institution, only between the emissary and the receiver, thus saving a lot of money in each transaction made. But beware, many in Africa use the internet, this is an indisputable fact, but the same access to the internet is often underused because few people know how to use the internet correctly.

When it is said to use the internet correctly, I mean the ability to work using it, to have the habit of knowing what to do and how to do it well, so this same Internet use is often classified on the African continent with access to social networks, such as Facebook, WhatsApp (the most accessed networks on the continent), many countries still do not have access to Telegram or Reddit since its use is not popular and many find it difficult to use because the known ones are not yet registered as users.

Young entrepreneurs on the continent are very curious to work on the internet and earn money from it, so the use of cryptocurrencies is welcome in this layer of African society as they do not want and do not like having to ask for authorization from the bank or the state to move its funds domestically or internationally. Of course, internet access has also made cryptocurrencies more visible on the continent, but many continue to sin because they still continue to bet heavily and completely wrongly on decentralized currencies like Bitcoin (BTC) because it is very popular and an authentic advertisement in Africa, but with the constant rise in movement rates on the Bitcoin (BTC) network, many consider using other cryptocurrencies that are more friendly and save a lot of money when transacting.

Africa needs cryptocurrencies that are beneficial and enable movement when and where desired, have low transaction rates, are quick to confirm the network and have a better future when betting as a long-term value reserve. Bitcoin Cash (BCH) is definitely the currency with the most future on the continent. I believe in it and I bet with many people on it, Bitcoin Cash (BCH) is everything you want in a global currency, it is widely accepted by retailers worldwide, it charges the best transaction fees, it is fast in confirming in the network and it has a stupidly bright future ahead.

When I first heard what Bitcoin Cash (BCH) was, I soon realized that it was my currency of choice, first because it is an improved version of Bitcoin (BTC) but with low transaction fees and the network confirmation speed is extremely fast, it also has the advantage of still being a very devalued asset and that it has a very but very promising future, which gives more advantages for those who want to invest in it now and hope to use it over the years, or even bet to use it in day-to-day since it is favorable with this type of use!

When we do the relationship, internet and Bitcoin Cash (BCH) on the African continent, we find that the currency is widely known in relation to other cryptocurrencies as it is also used as payments for goods and services in countries like Nigeria, South Africa and can also be purchased at various access points like Bitcoin ATMs spread across the vast region of Africa. Certainly, your domain is still far from reaching the desirable minimums on the continent but with a wider and more widespread dissemination of the internet, not as an instrument of access to social networks but as a tool for access to the labor market, mandatory Bitcoin Cash (BCH) it will not only have a bright future of acceptance on the continent but will also be used as an escape tool from the economic policies in which many countries subject their citizens as oppression so that they exercise strict control over their monetary assets.

Bitcoin Cash (BCH) was created by the people and is for the people where Satoshi Nakamoto's fundamentals are respected and where the peer-to-peer currency reference comes to life and makes life more enjoyable on the internet.

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3 years ago

Comments

You are right..... Hope you got you some bitrefill to top up from your BCH straight....

https://www.bitrefill.com/buy/?code=4NPYzPPN

Enjoy

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3 years ago

Noted

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3 years ago