Bitcoin Use Will Explode In These Countries




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.
#Bitcoin #Cryptocurrency #Blockchain.

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26 Comments

  1. The last 3 months, I have made over $55,000 from trading bitcoin but my success never started that way as I had made substantial losses before my turning point in the Crypto space. I bought 2Btc last year which quickly rose in the bull run but eventually lost Most of it and sold off what was left. That was the last I would ever have to do with bitcoins until I was introduced to Darren Allan first of, he asked to know my trade experience. He then gave me a quick insight on what to Look out for when choosing a platform and a bunch of other things most experienced traders may never tell you. Most importantly, he introduced me to his specially designed layout and provided me with professional advice and accurate trade signals. With his system,Trading has become easy and profitable and I just want to spread the word and thus help as many that are in my previous unfortunate situation. For all questions, you can reach out for his help on (( Darrenallan82@gmail .com ))

  2. 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 ??

  3. 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.

  4. 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.

  5. 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

  6. 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

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