I will start by introducing myself. I come from a small country in Africa with a population of just 15 million. To give you a better hint, this country will have its elections held this year. I am really interested in crypto currencies and the new wave of the internet of things. I have seen the potential that such technological advancements can have on the economies of most African countries, specifically, the one I come from.
In my country, the financial system is all but what I would term usury. Ever heard of a personal loan from a bank with a 50% interest cost per annum! That is what capital costs in most African countries. One thing that technology changes is making the world more connected and being able to access funds from outside ones financial system bounded by invisible borders. Money becomes something global with crypto currencies such as Bitcoins. There are many organisations out there willing to offer financing at fair rates.
One thing I have come to realise is that besides South Africa, there is virtually zero understanding of what cryto currencies are in other African countries. I guess it could have something to do with the access to cheap and affordable internet and personal computers. I seem to think that very few Africans use Steemit too. I would have loved a more objective claim but I suppose the makers of this platform will day display those statistics. I would like to do my part to support this platform. I find it very interesting and I'm begging to wonder why anybody would even want to use social media platforms such as Facebook once Steemit evolves which is the natural thing that could happen. It does feel like social media and unbiased news.
I' thinking perhaps putting up advertisements in local news outlets, billboards, television programs, paid ads etc.
