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    How tf can someone start bitcoin in a country?

    Hello all, before I elaborate my question here is a little bit of context:

    I just went on a trip in Africa (Zanzibar) and found myself face to face with the hard truth of the world we live in. The poverty in which the general public lives and the helplessness against the "democratic" or "republic" government was an eye opener for me.

    Don't get me wrong, I am not living in my dreamworld where I think everyone has the same privilege and everywhere is the same as in my home country, but knowing this and seeing this first hand for the first time are two different things. So while listening to the local guide narrating how they live, the corrupted government, the various percentages on how much work or how much money you need to live and that their currency is down right really bad and under valuated and I thought to myself that Bitcoin could resolve a lot of these issues.

    So now that I have finished with the context here is my question: how the fuck can I or a group start BTC in a country so in need like Zanzibar? Where do you start? Who do you talk to? How can someone like me help the locals?

    I had more questions, but that is the gist of it and so I did a quick brainstorming, but couldn't find any real answers or solutions because I am still lacking a lot of knowledge and experience.

    To have BTC you need two things: a stable internet connection and stable and continuous electricity – both things which are lacking in the whole country (during my stay there were each day two to five power shortages and the internet was not the best kind – the general public is still stuck in 3G) so, with my current lack of knowledge, one should start with creating a functional electric and internet connection and then, or during this process, instruct the locals how to use it, am I right ?

    I would love to have a online Brainstorming with everyone here because I think it would be beneficial to have more knowledge on this topic instead of just focusing only on the price site of BTC.

    thank you for your comment.

    How tf can someone start bitcoin in a country?
    byu/Outrageous_Drop1909 inBitcoin



    Posted by Outrageous_Drop1909

    13 Comments

    3. terp_studios on

      3G is just fine for Bitcoin. It doesn’t need a high bandwidth connection, you’re sending a small amount of data, not streaming a 4k movie.

    4. paperraincoat on

      Bitcoin requires electricity and an Internet connection, ignoring a few very fringe/difficult use cases.

      Bitcoin is a solution to endless government money printing. It has a fixed supply of 21 million coins, your share of the pie can never be diluted. It creates a fair, level playing field for everyone moving forward. It’s also a bearer instrument, meaning you can take control of your coins, eliminating the third party risk of seizure that comes with most assets.

      Bitcoin is not a solution to wealth inequality. That should be pretty straightforward, someone with excessive wealth can purchase more Bitcoin, and benefit more, than someone scraping by paycheck to paycheck, like the poverty you describe.

      Hope that helps. Learn the strengths and weaknesses each asset you invest in.

    5. carsonthecarsinogen on

      The issue is that people in these situations make so little that they generally don’t have disposable income to hold onto in the form of bitcoin.

      With that said, you could start a business there that pays employees in BTC and if there isn’t already get local vendors set up with lightning so citizens can use their sats.

      Although most won’t be able to benefit much from future gains they can at least worry less about currency collapse.

    8. AirEarth67 on

      I thought stable coin usage is growing in Africa (and South America), but depends on the country I guess

    9. crspychimken on

      There is increasing coverage converging on stablecoins and remittances in Africa. That may be of interest to you.

    11. bitrequest on

      **First**: grassroots. You don’t have to ask your government for permission.
      **Second**: Yes you do need internet (maybe with some exeptions mentioned below but generally yes)
      **Third**: Without internet does traditional banking function?

    12. Natural-Spirit3171 on

      Even in the poorest countries people have cell phones. Thats all you need

    13. extrastone on

      The other thing is that people need savings.

      Usually the price increase speaks for itself in getting people interested.

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