Bitcoin Use Will Explode In These Countries
In today’s video we discuss which countries Bitcoin has the most potential in. These developing nations have little to no banking infrastructure so making the switch to cryptocurrencies such as Bitcoin makes the most sense. The opportunity for Bitcoin here is far greater than developed nations with established banks.
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In today's video we discuss which countries Bitcoin has the most potential in. These developing nations have little to no banking infrastructure so making the switch to cryptocurrencies such as Bitcoin makes the most sense. The opportunity for Bitcoin here is far greater than developed nations with established banks.
Bitcoin Flows: https://fiatleak.com/
? Join Nugget’s Crypto Community: https://nuggetsnews.com.au/nuggets-crypto-community/
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From 7:00 onwards you talk about them industrial revolutions. These countries have skipped the 2nd which we in developed countries are trapped in the narrow minded boxes and learnt how to bank our money and destroy the universe. These under developed countries skipped this 2nd revolution and will go straight to the third. Philippines is a great example of this. Great vid nuggets ??
Following Łitecoin partnership with K-POP we might see knock on effect re Bitcoin also in Asia!
http://www.wboc.com/story/40032676/litecoin-foundation-partners-with-cu-entertainment-to-bring-feel-the-k-pop-concert-to-george-mason-university
Also Łtc link up with UFC and Kickboxing League Glory May compound this interest.
The future is Ripple, not Bitcoin. The problem with Bitcoin is that the transaction costs are too high and it takes too long for transactions to be processed.
Earn now, get 300GH/s for free @t
How about a video giving the bearish case for crypto.
Spaceships going to the moon lmao.
That was a well researched presentation, good work.
Big fan of your work mate, much appricated. ?
5g is a monster looming on the horizon, please be aware of this microwave wifi. Be SAFE not smart
lol We've been to the moon. Yeah right.
Hi Alex, it doesnt seem that 50% of the Venezuelan people are using Crypto, according to this RT report: https://www.youtube.com/watch?v=4tKvqj3U3O0
go Electronium… $80 phone with mining capabilities, launched in Africa…who knows!!!
Bitmex… lot of gamblers on that site… i heard 46 mill got liquidated in the last 24 hours… ouch…
The UK Guardian newspaper has just reported that a social media tax of 200 Ugandan Shillings per day (£0.04, $0.05) was enough to cause 2.5 million Ugandans to stop using social media *at all*.
https://www.theguardian.com/global-development/2019/feb/27/millions-of-ugandans-quit-internet-after-introduction-of-social-media-tax-free-speech
Some of these people are living on $1-2 per day.
That's why it won't be Bitcoin that succeeds in the developing world, nor any other coin that (currently) has "low" (by Western standards) fees. It will be a coin that has no fees at all – Nano.
Especially because it achieves confirmed transactions in 0.7 seconds, with working Android and IOS wallets.
https://NanoLinks.info
Oh – and thank you – very informative video as usual.
Im the most crypto obsessed person i know.
Regarding the point made re:
'No banking system, so theyll go straight to btc like they had no phonelines n went straight to mobile'
Thats not a fair analogy coz the west used, tweaked n made smart phones work before say Liberia got them n utilised em..
Wereas now youre saying Liberias equivalent re banking is supposed to be the first to use this tech that even western countries with education n exposure refuse to engage with..
Worked west to undeveloped re telecomms, but btc in underdev places to drive btc forward..
Big barriers ensue
When some of these countries start using crypto it's going to be crazy!
Hi and thank you .. have you heard of Local Coin Swap? It’s just launched , similar to local bitcoin …
venezuela most of the transactions are using DASH over other cryptos
Is the baby here yet?!
It's happening! NWO here weeee goooo
The issue in places with lower fluency in tech (due to socioeconomic factors n lack of exposure) is theyre going to struggle with the 'hot v cold' storage conundrum..
ease of use? hot
security? cold
using hot and ya savings get hacked with no recourse a third party can provide n low education re what a blockchain is.. hard ask to imagine no centralised backed non inflationary coming to the rescue
well countrys may trend, but hell its a relative stat at this point.. the more obvious the chances are to exploit the weakness of front end tech, the less the grow continues.
btw fiatleak doesnt work.. i followed it everyday for 3 months, tis not a useful metric.
good vid to discuss this, cheers
Cheers Mate. Nice video…
Howdy Alex.