Bitcoin Adoption in Africa; Africa’s Biggest Online Tour Operator Now Accepts Bitcoin Plus More BTC News
The adoption of bitcoin in Africa has remained relatively low, owing to lack of understanding and age-long pending regulatory reforms in the countries in the continent.
With the growing world demand on the tourism sector of African nations, one of the biggest online tourism agencies, MoAfrika, is offering tremendous services to tourist seeking to travel round the continent, to do so with some added advantages.
At the heave of this development, MoAfrika now accept online payment with bitcoin. This comes as a way to reduce the difficulty in payment with fiat, as any tourist can now pay for services, irrespective of the country they come from.
The South African based tourism agency backs 15 years experience in the tourism industry.
With the wealth of experience and great business track record, tourists around the globe can use their bitcoin in payment without any fear.
With ecologically friendly tourism service and the accreditation by the South African Tourism Services Association (SATSA), every $ of bitcoin paid is accounted for in terms of quality service.
The Advantages of Using Bitcoin As A Payment Method
It is a known fact that bitcoin is the most popular and widely accepted cryptocurrency around the world. With a lot of bitcoin friendly merchants operating in South Africa, payment with the asset have become easier, faster and reliable.
As a digital currency, bitcoin is not limited like fiat money. In fact, it is free from inflation, monetary policies in the country, corruption and government manipulation.
With variety of way in which bitcoin could be bought, sold, exchanged or traded, bitcoin stands out as tourists option in making payment from any part of the world.
Additionally, payment with bitcoin attracts lower cost when compared to international money transfers. Besides, transaction details are secured and impossible to be erased, making it feasible for the records to be traced.
More on Bitcoin: $250 Trillion in Assets Looking for Ideal Store of Value: A Bull Case for Bitcoin
The Microstrategy CEO, Michael Saylo, in a webcast with the Hedgeye CEO, Keith McCullough last week outlined a strong bullish case for bitcoin.
It could br recalled that The Nasdaq-listed Microstrategy recently invested $425 million in bitcoin as its primary reserve asset.
As a big tech investor, Saylor advised:
The thing about technology is figuring out the thing that’s going to eat the world. If you’re right, own it, hold it, and wait.
Pointing Amazon, Google, Facebook and Apple, the CEO postulated that buying those tech stocks would pay off now, irrespective of when you bought them between 2011 and 2020. In his words:
The truth of the matter is if you’d bought Google, Apple, Amazon, or Facebook at any point between 2010 and 2020 … I think it’s impossible to have lost money at any point for the decade … your investment mistake would be trying to time the market on those things.
Lending his voice, the Microstrategy CEO added:
Bitcoin is the first software network in the history of the world that can pull monetary energy, so these bitcoiners have figured out something that is really a thing of beauty and extraordinary value. They are pulling pure monetary energy on a network.
To further bring home his point, Saylor emphasized that:
If I take $100 million and I put it into bitcoin, it could sit there for a decade like in a battery. It won’t bleed out. You’re not losing 2% to 4% a year and I can put it in the palm of my hand and I can move it around the planet for a few dollars in a few minutes and we have never in the history of the world figured that out.
It is important to note that from the years of bitcoin existence, one can confidently conclude that investing in bitcoin can never turn out to be a mistake.
Long live bitcoin. Join the celebration tomorrow,
Please note: The information here is not an investment advise in any way. Please contact your investment mentor for advice.
Thanks for checking my blog tonight.
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The price of Bitcoin (BTC) will be 13645.86 USD
Cryptocurrencies is known in most part of the country but without the government support it might not really be a viable means of exchange with the country of a particular region.
I totally agree to this. Rather than depreciate rapidly in value it appreciates more often. I can remember two months ago 1 BTC was about 5 million naira. Now it's over 6.3 million naira.
Only Nigerians would fully understand the magnitude of this amount of money and how much importance it means to an individual.
❤️❤️❤️❤️❤️
Becky.
Thank you, Becky for coming around. There are a lot of regrets for not investing before now, though it's never too late.
Totally agree with that. The tourism industry can leverage the maximum benefits of Bitcoin.
I think that is $250 Billion.
True. Further, anyone who has bought Bitcoin on or before May 2017 is in profit regardless of bullish or bearish BTC since then.
Thank you.
#twopercent #india #affable
Thank you for your comment.
Congratulations you are one of the winners of the Steem Crypto Challenge Month...
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Thank you very much. My son is saying hi.
Hello to Andikan - hope he is doing well.
Have you got him a Steem account yet :-)
HAHAHA! Is he not too young for that? I will do that. Thank you very much.