How India’s Growing Bitcoin Use Will Drag Africa Along
China is steady with Bitcoin. For those who have been following up, you will agree that so much has been happening around India too of late. It is however pertinent at this early point to look at a perspective that points in the direction of how these additional developments in India would impact other parts of the world - particularly Africa. Bitcoin Rise in India. The recent Unocoin funding round led by early-stage investor Blume Ventures, for example, is one of them. It has been trumpeted as a complement to other positive Bitcoin-related developments in India such as Zebpay’s recent....
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When the words Bitcoin and Africa appear in a sentence, the word remittance usually follows. When Bitcoin first hit the mainstream in 2013, its low-cost money transfer feature was hailed as the solution to the overly expensive remittance costs charged by the large money transfer operators (MTOs), Western Union and MoneyGram. This is especially true when it comes to transferring funds to Africa. However, in the eight years since Bitcoin was first launched, bitcoin remittances in Africa have not really taken off. Bitcoin’s Challenges in Kenya. Bitcoin is an industry that regularly likes to....
Bitcoin development in Africa, with a proper regulatory environment, could equally accelerate the continent and the technology.
Editor’s Note: This article has been changed to make the nature of the Bitcoin Africa Conference more clear. The name of this title is “Bitcoin Africa Conference,” and this is the first time the conference has been held. The author of this article was not saying that this Bitcoin conference is the very first one in Africa. We apologize for any misunderstanding. As you may know, the world’s first Bitcoin Africa Conference will be held on April 16-17, 2015 in Cape Town, South Africa. With all the buzz surrounding Bitcoin in Africa lately, it is no surprise that the first conference has made....
Bitcoin is a booming industry in Africa; a lot of startups and other digital currency business are growing exponentially. The digital currency ecosystem has found many followers in Africa and this week the continent's first Bitcoin conference is taking place in Cape Town, South Africa. This first quarter of 2015 the Bitcoin industry has grown as never before. A record amount of venture capital has been placed into the digital currency on a global scale. The US$299 million invested takes the all-time total Bitcoin startup funding to US$676 million. Reports indicate The first quarter of this....
The overturning of India’s cryptocurrency ban has made the market a focal point for Bitcoin projects, with outside capital looking to take advantage. The post The Rush To Own India’s Bitcoin Market Is Back On appeared first on Bitcoin Magazine.