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Re:Warren Buffett: Bitcoin Is Pure FOMO by BoorishBears on Wednesday December 27, 2017 @11:52AM (#16015941)
As a person from (West) Africa, I can tell you they've not only heard of Bitcoin but they're mining it, even in villages.
Re:Warren Buffett: Bitcoin Is Pure FOMO by pttrpttrwttr on Thursday December 28, 2017 @04:39AM (#16021154)
Pakistani here, you really expect us to believe that in countries without reliable electricity in rural areas, nevermind reliable broadband internet access, and 40% literacy rates people who, looking at the average GDPs of countries in the region couldn't possibly afford the necessary computing power are mining Bitcoin?
Re:Warren Buffett: Bitcoin Is Pure FOMO by BoorishBears on Friday December 29, 2017 @01:53PM (#16031143)
How hard is it to imagine someone doing this:

http://www.cnn.com/2017/12/18/africa/inside-life-cryptocurre...

Could move to a rural location setup a 3g hotspot (remembering in these countries rural 3g is becoming common is actually fairly cheap) and run generators as backups?

Here's your country:

https://www.youtube.com/watch?v=ozBtOtDK4jY

Does anything shown really look that outlandish to do in a rural area with a little more than a backup generator?

Mining is taking off in 3rd world countries too.

Re:Warren Buffett: Bitcoin Is Pure FOMO by adamnemecek on Wednesday December 27, 2017 @11:55AM (#16015968)
I feel like some people really misunderstand developing countries. People living there are very much looking to participating in the world economy, because the local one isn't great.
Re:Warren Buffett: Bitcoin Is Pure FOMO by GenericsMotors on Thursday December 28, 2017 @05:44AM (#16021358)
Interesting. Could you please describe how such a mining operation is setup in one of these villages?
Re:Warren Buffett: Bitcoin Is Pure FOMO by Kinnard on Wednesday December 27, 2017 @12:21PM (#16016239)
What country are you in?
Re:Warren Buffett: Bitcoin Is Pure FOMO by BoorishBears on Wednesday December 27, 2017 @10:39PM (#16020143)
I’m in the US, but I’m from Ghana, see above comment for details...
[dead]
Re:Warren Buffett: Bitcoin Is Pure FOMO by dang on Friday December 29, 2017 @11:08AM (#16030120)
This is an egregious violation of the site guidelines, which ask you to assume good faith in other users. In fact it's so noxious that it crosses into personal attack, which is something we ban people for, so please don't do anything like this on HN again.

https://news.ycombinator.com/newsguidelines.html

Re:Warren Buffett: Bitcoin Is Pure FOMO by BoorishBears on Wednesday December 27, 2017 @10:38PM (#16020142)
Look back further in my history and I mention being Ghanaian multiple times...

If you need my life story I’m 23, was born in Ghana and spent about 10 years of my life US so a sizable portion, but spent 3 years in Ghana somewhat recently, and most of my family is still in the country.

What a time we live in when people will dig into your history half-heartedly to try and claim you’re lying about where you’re from instead of believing us stupid monkeys have learned what a computer is or how to look up incredibly popular terms.

My father recently forwarded me a blockhain convention (misremembered the link) in Ghana.

Re:Warren Buffett: Bitcoin Is Pure FOMO by BoorishBears on Wednesday December 27, 2017 @10:44PM (#16020163)
And please, do explain yourself, I’m seething right now so I’d love to understand where you get off trying to imply something like that.

I’m glad you didn’t have the balls to come out and just say what you were accusing me of so I’m sure the response will be “I wasn’t doing that! I just quoted you! You see!”

Yeah fucking right.