₦airaland Forum

rvp2018:
The fact that they are million south africans living in slums. If you were developed country - I will have no advice for you. Certainly South Africa is ahead of kenya - but remember we are dealing with unequal country.

% of people living in slums:

SA : 26%
Kenya : 47%


Next question

Question remain unaswered - where did all the minerals in saudi arabia of minerals go - that you now have whopping 26% of your population living in slum. If kenya had been similarly blessed with a natural resources jackpot - that would be legitimate question.

The answer lies across the border - Botswana.

Black gov that cares for it's people - uses it diamond to transform the society. Botswana

The Boer took all minerals/land/resources - and made blacks poor in a Saudi Arabia of Minerals. South Africa.

jl115:
% of people living in slums:

SA : 26%
Kenya : 47%


Next question

rvp2018:
Most of the time - my gut feeling is very close to the truth.

I doubt that.

I dont seek validation or to be loved or popular online. My fidelity is only to facts.

Please find me other sources - that support 65milion nigeria engage in crpto.

Again if there is just a single source - then we got a problem.

If it well established fact - it should be easy to verify in many sources in many crypto exchanges. Binance is now the biggest - should be easy to know how many Nigerian engage in crypto transactions from there.

GeneralDae:
I doubt that.

rvp2018:
I dont seek validation or to be loved or popular online. My fidelity is only to facts.

Please find me other sources - that support 65milion nigeria engage in crpto.

Again if there is just a single source - then we got a problem.

If it well established fact - it should be easy to verify in many sources in many crypto exchanges. Binance is now the biggest - should be easy to know how many Nigerian engage in crypto transactions from there.

Okay I'll oblige you as long as you are ready to stick to facts not gut feelings.

Binance, the world’s largest cryptocurrency by volume of transactions, just announced that it added 12 Nigerian banks to its Peer-to-Peer (P2P) platform in a bid to reduce the possibility of disruptions during the process of P2P transactions.

Binance added 21 banks across the African continent; however, 12 or 57% of those banks are Nigerian banks [/b]which include: Access Bank, Ecobank, Fidelity Bank, First Bank of Nigeria, FCMB, GTBank, Keystone Bank, Stanbic Bank, Standard Chartered Bank, Sterling Bank, Zenith Bank, Union Bank of Nigeria.

[b]Due to the heavy concentration of Nigerian banks, it would suggest that a chunk of Binance’s P2P volume comes from the country.

Binance argues that by using a specific local bank or e-wallet in the advertisement as a payment method before picking P2P users to transact with, it will reduce the possibility of disruptions since the counterparties can see in advance which bank is the preferred one for you to pay or receive money. Binance stated, “This will help avoid inter-bank delays and fees.”

What you should know
In the announcement, Binance has asked its users in Africa to also suggest other local methods they would like to see on the platform.
Of the banks listed, four of the five tier-1 banks (FUGAZ) were added to the platform, with the exception of UBA.
Of the 12 banks listed, 9 of them are of Nigerian origin, while the other 3 are originating from other African countries or abroad.

Good indicator but nothing solid.

Look at Binance traffic - I see Russia leads with 5.7m visitors. This make sense (many russian have had to adopt crypto to evade their visa/mastercard restrictions) - and looks plausible

Nigeria - 65Million using crytpo is crazy to me - that is 1 in every 3 Nigerian - unless maybe E-Naira has been widely adopted.

GeneralDae:
Okay I'll oblige you as long as you are ready to stick to facts not gut feelings.

Binance, the world’s largest cryptocurrency by volume of transactions, just announced that it added 12 Nigerian banks to its Peer-to-Peer (P2P) platform in a bid to reduce the possibility of disruptions during the process of P2P transactions.

Binance added 21 banks across the African continent; however, 12 or 57% of those banks are Nigerian banks [/b]which include: Access Bank, Ecobank, Fidelity Bank, First Bank of Nigeria, FCMB, GTBank, Keystone Bank, Stanbic Bank, Standard Chartered Bank, Sterling Bank, Zenith Bank, Union Bank of Nigeria.

[b]Due to the heavy concentration of Nigerian banks, it would suggest that a chunk of Binance’s P2P volume comes from the country.

Binance argues that by using a specific local bank or e-wallet in the advertisement as a payment method before picking P2P users to transact with, it will reduce the possibility of disruptions since the counterparties can see in advance which bank is the preferred one for you to pay or receive money. Binance stated, “This will help avoid inter-bank delays and fees.”

What you should know
In the announcement, Binance has asked its users in Africa to also suggest other local methods they would like to see on the platform.
Of the banks listed, four of the five tier-1 banks (FUGAZ) were added to the platform, with the exception of UBA.
Of the 12 banks listed, 9 of them are of Nigerian origin, while the other 3 are originating from other African countries or abroad.

rvp2018:
Good indicator but nothing solid.

Look at Binance traffic - I see Russia leads with 5.7m visitors. This make sense (many russian have had to adopt crypto to evade their visa/mastercard restrictions) - and looks plausible

Nigeria - 65Million using crytpo is crazy to me - that is 1 in every 3 Nigerian - unless maybe E-Naira has been widely adopted.

I think it depends mainly on the platform. Remember that the Nigerian Government is stricter on crypto compared to Russia and the likes. Nigerians focus on p2p transactions and other forms of trading.

This is from Binance themselves:

In a recent survey that evaluated dozens of countries according to crypto usage, Nigeria ranks 1st as the country with the highest crypto adoption in the world.

The survey finds that one-in-three Nigerians have used or owned crypto at some point.

https://www.digitaltimes.africa/binance-ranks-nigeria-as-the-leading-country-per-capita-for-bitcoin-and-cryptocurrency-adoption-in-the-world/

GeneralDae:
I think it depends mainly on the platform. Remember that the Nigerian Government is stricter on crypto compared to Russia and the likes. Nigerians focus on p2p transactions and other forms of trading.

This is from Binance themselves:

In a recent survey that evaluated dozens of countries according to crypto usage, Nigeria ranks 1st as the country with the highest crypto adoption in the world.

The survey finds that one-in-three Nigerians have used or owned crypto at some point.

https://www.digitaltimes.africa/binance-ranks-nigeria-as-the-leading-country-per-capita-for-bitcoin-and-cryptocurrency-adoption-in-the-world/

you're wasting your time

If it was Kenya ahead, this platform would have been blasted with it

Just30:
you're wasting your time

If it was Kenya ahead, this platform would have been blasted with it

Agreed. I think I'll stop for now.

So they ask people in survey and extrapolated that 65m - 1/3 of Nigeria have used crypto. That is implausible. It bollox really.

GeneralDae:
I think it depends mainly on the platform. Remember that the Nigerian Government is stricter on crypto compared to Russia and the likes. Nigerians focus on p2p transactions and other forms of trading.

This is from Binance themselves:

In a recent survey that evaluated dozens of countries according to crypto usage, Nigeria ranks 1st as the country with the highest crypto adoption in the world.

The survey finds that one-in-three Nigerians have used or owned crypto at some point.

https://www.digitaltimes.africa/binance-ranks-nigeria-as-the-leading-country-per-capita-for-bitcoin-and-cryptocurrency-adoption-in-the-world/

Kenya leads with credible data....not based on survey...but real trading volume from Chainalysis.

Kenya is ranked first globally for peer-to-peer cryptocurrency trading volume and fifth worldwide for total cryptocurrency activity. Kenya is the leading African country amongst 10 countries globally in terms of cryptocurrency holdings and blockchain- related transactions.

Just30:
you're wasting your time

If it was Kenya ahead, this platform would have been blasted with it

rvp2018:
So they ask people in survey and extrapolated that 65m - 1/3 of Nigeria have used crypto. That is implausible. It bollox really.

I'll stop here and give my last reply. It wasn't a survey but based on number of transactions done.

Read the bottom.

Based on people who have made crypto transactions at least once in the past month.

rvp2018:
With all your gold since 15th century and now oil, you should be way richer but every time I check the data - I dont see any much difference with kenya - the per capita is almost the same at 2,200usd.

There are countries that I respect like Botswana and Namibia - those are middle class - Ghana - please pay debt first. You dont impress me at all.

maybe once you stop receiving sanction for defaulting china loan

we are richer and well developed than Kenya. check the ""HDI difference", we have been enjoy the basics of life when you are still a colony to the Asian and arabs . Ghana is ahead of namibia . As for bostwana, we are closing the poverty line.

rvp2018:
Question remain unaswered - where did all the minerals in saudi arabia of minerals go - that you now have whopping 26% of your population living in slum. If kenya had been similarly blessed with a natural resources jackpot - that would be legitimate question.

The answer lies across the border - Botswana.

Black gov that cares for it's people - uses it diamond to transform the society. Botswana

The Boer took all minerals/land/resources - and made blacks poor in a Saudi Arabia of Minerals. South Africa.

The last time a report was done in Botswana 61% lived in slums..... So Botswana isn't your best example

Try again

Also : "I don't believe in If anymore, if is an illusion, if is for children" - Roger Whittaker

rvp20182:
Verbiage.Its called barter trade.Primitive trading system after you are kicked out of international trade

You are actually an idiot. So many similar trades exist thru out the world in such similar note. Gold for weapons , black gold for hosting right of FIFA world cup( the one qatar just did of recent ) maybe we are likely to be on run for gold soon when we stop using dollars as a standard to measure out currency. Gold has so many properties that makes it more valuable to used than money, it far beyond trade by barter.

rvp2018:
Again after Mercer QOL - here we go with PWC.
People who work in PWC - are you and me.
You can make your prediction based on sound reasoning.

Who awarded PWCs the prediction honours - as far as I know they are bean counters.

They are not prominent economists - I would rather read something from even Economist Intelligence Unit - than PWC crap.

Prediction is hard - and so give it your own short - convince us how in 10yrs south africa will turn around it fortune - and how kenya will stop growing.

I have done a simple - projection myself.

No... People who work for PWC are actually skilled and experienced for that specific task.... You aren't

You don't have sound reasoning, you proved it when you said people like you and me work for PWC.... People like me with a degree in Chartered Accounting work for PWC, people like you don't, however I understand this is an anonymous thread so my so called qualifications are not valid in a debate here

I showed you IMF predictions as well... Not just PWC

Do you even know who PWC are?

South Africa can stand still and not grow a single % and Kenya can grow @ 6% annually and it would still take Kenya 22 years to reach SA...... If we stood still!!!!


Do you understand now how stup1d your argument is?

1- Just 3% of work is left to complete the 650,000bpd Dangote Refinery . Lagos state
2- delivery of 2 transmission transformers . Nigeria is expecting 10 transformers and 10 stations from the Germans .
3- 3 in 1 Hotoro bridge will be commissioned soon, Kano state
4. New Lokoja Flyover in former Ganaja Junction , Kogi State

PWC are bean counters - accountants. They cannot predict anything. And yes I know PWC of course. 10 of my colleague at university joined PWC, KPMG, Deloitte, Ernet & Young. They didnt have any accounting degree. We did CS. At least in Kenya they recruit from any field - because essentially they are auditors - who just get locked in a room - and told to confirm a tonne of paper receipt.

Again make your projection of South Africa economy using the skills you already got.

Try this - predict the next 3yrs - then 5yrs - then 10yrs.

Do the same for kenya.

Easy.

jl115:
No... People who work for PWC are actually skilled and experienced for that specific task.... You aren't

You don't have sound reasoning, you proved it when you said people like you and me work for PWC.... People like me with a degree in Chartered Accounting work for PWC, people like you don't, however I understand this is an anonymous thread so my so called qualifications are not valid in a debate here

I showed you IMF predictions as well... Not just PWC

Do you even know who PWC are?

South Africa can stand still and not grow a single % and Kenya can grow @ 6% annually and it would still take Kenya 22 years to reach SA...... If we stood still!!!!


Do you understand now how stup1d your argument is?

You discovered Gold is great after emptying your forex?
The gold barter trade is desperation.
What you gov need to do is become fiscally discipline starting today.
Dont wait for IMF - institute a serious budget cut - of more than 50%.
Ruto in Kenya came in - and didnt need IMF - he unilaterally cut 3 billion dollars out of this year budget.

Zambia new president found a bankrupt country - and I think he will straighten things in a decade. That would be amazing.

He is nearly nailing a debt restructuring deal...these things will take time....then you have to start paying.

Then a decade - in 2037 - you'll be back to borrowing again from domestic and external debt market.

vaxx:
You are actually an idiot. So many similar trades exist thru out the world in such similar note. Gold for weapons , black gold for hosting right of FIFA world cup( the one qatar just did of recent ) maybe we are likely to be on run for gold soon when we stop using dollars as a standard to measure out currency. Gold has so many properties that makes it more valuable to used than money, it far beyond trade by barter.

I doubt. Bostwana from what I know the black there live better than black of South Africa. South Africa is incredibly bless with minerals - it's citizen should be enjoying high standard of living.

jl115:
The last time a report was done in Botswana 61% lived in slums..... So Botswana isn't your best example

Try again

Also : "I don't believe in If anymore, if is an illusion, if is for children" - Roger Whittaker

rvp2018:
I doubt. Bostwana from what I know the black there live better than black of South Africa. South Africa is incredibly bless with minerals - it's citizen should be enjoying high standard of living.

Nope not at all,

They all over SA seeking better live. I'm chilled with one from Botswana whila typing this

rvp2018:
I doubt. Bostwana from what I know the black there live better than black of South Africa. South Africa is incredibly bless with minerals - it's citizen should be enjoying high standard of living.

Botswana where only 50% have access to electricity.
Botswana is just another Rwanda. I have never trusted all these tiny small African countries.

jl115:
No... People who work for PWC are actually skilled and experienced for that specific task.... You aren't

You don't have sound reasoning, you proved it when you said people like you and me work for PWC.... People like me with a degree in Chartered Accounting work for PWC, people like you don't, however I understand this is an anonymous thread so my so called qualifications are not valid in a debate here

I showed you IMF predictions as well... Not just PWC

Do you even know who PWC are?

South Africa can stand still and not grow a single % and Kenya can grow @ 6% annually and it would still take Kenya 22 years to reach SA...... If we stood still!!!!


Do you understand now how stup1d your argument is?

You don't need an accounting degree to work for PWC. Accounting firms have different departments. I Know of engineers who work in accounting firms. Most of the time you sound absolutely stvpid.

rvp2018:
Kenya leads with credible data....not based on survey...but real trading volume from Chainalysis.

Kenya is ranked first globally for peer-to-peer cryptocurrency trading volume and fifth worldwide for total cryptocurrency activity. Kenya is the leading African country amongst 10 countries globally in terms of cryptocurrency holdings and blockchain- related transactions.

Lol..what an idiot.

You actually believe you have more crypto trading volume than Nigeria?on what platform? Where’s your source?

Or are you pulling statements and figure out of your azzs again?

Nigeria literally defines p2p.

Just30:
you're wasting your time

If it was Kenya ahead, this platform would have been blasted with it

As in.

Nigeria �� Is literally the 4th country with the highest crypto holder in the world.

Obaaderemi2:
Botswana where only 50% have access to electricity.
Botswana is just another Rwanda. I have never trusted all these tiny small African countries.

they're just like Kenya

Shaytun:
As in.

Nigeria �� Is literally the 4th country with the highest crypto holder is the world.

Kenya makes noise for nothing

Just30:
they're just like Kenya

Go outside the capital city, and the rest of the country looks like you’re in the 15th century.

rvp2018:
You discovered Gold is great after emptying your forex?
The gold barter trade is desperation.
What you gov need to do is become fiscally discipline starting today.
Dont wait for IMF - institute a serious budget cut - of more than 50%.
Ruto in Kenya came in - and didnt need IMF - he unilaterally cut 3 billion dollars out of this year budget.

Zambia new president found a bankrupt country - and I think he will straighten things in a decade. That would be amazing.

He is nearly nailing a debt restructuring deal...these things will take time....then you have to start paying.

Then a decade - in 2037 - you'll be back to borrowing again from domestic and external debt market.

reasoning with you is a waste of time , it is better I placed you into the dustbin that you rightly belong.Those who are administering the affairs of Ghana aren't the boda boda that heads your affairs , they are people of astonished accomplishment with great pedigree in both their jurisdiction and outside of it. Never will kenya have such an honor to have those calibers .

Deal with your dollar shortage , it is going to make xmass expensive for ordinary kenya . Already ,there are already stealing common maize that should commonly available for fowls .if kenyans human are hungry,how much more fowls . I pity Innocent Kenyan animals that are suffering as a result of lame , handicapped brains of kenyans

Just30:
they're just like Kenya

You sef.

rvp2018:
PWC are bean counters - accountants. They cannot predict anything. And yes I know PWC of course. 10 of my colleague at university joined PWC, KPMG, Deloitte, Ernet & Young. They didnt have any accounting degree. We did CS. At least in Kenya they recruit from any field - because essentially they are auditors - who just get locked in a room - and told to confirm a tonne of paper receipt.

Again make your projection of South Africa economy using the skills you already got.

Try this - predict the next 3yrs - then 5yrs - then 10yrs.

Do the same for kenya.

Easy.

Call them what you want bru � fact is they know what they are doing

Kenya uses IFRS...... Meaning PWC will only employ qualified Chartered Accountants as auditors not from "all fields" as you claim... Maybe for their other apartments but not for auditing

I did.... Did you not see my previous post? .... If SA stood still and Kenya grew @6% it would take Kenya 22 years to overtake SA.

rvp2018:
I doubt. Bostwana from what I know the black there live better than black of South Africa. South Africa is incredibly bless with minerals - it's citizen should be enjoying high standard of living.

Im telling you the facts bru that's all