Sending Bitcoins from a country to another

Maybe if your reading this you are interested to  know about "bitcoins"  this video is a good example of how practical , bitcoin is as a digital currency.  Sending bitcoins from a country to another country is one basic practical , easiest , fastest and  saves a lot from the services of another party.  Adopting bitcoin in the long run will help a lot of people and countries.  The video portrayal is an experienced from Uganda . A relative is sending money from US to Uganda  and you ll learn how and what is the benefit. 

Here's the video; 

SCRIPT OF THE VIDEO 

ald, and I'm 20 years old. I'm studying bachelors in Accounting and Finance.

0:45

I like money first of all, and I like business. My family lives right here in Makindye.

0:57

My mom, my big sister my brother and a maid stay here.

1:04

My name is Ronah Nansubuga. Ronald is my younger brother.

1:10

I live in Brookline, Massachusetts and I'm from Kampala, Uganda.

1:18

She moved there in 2011 with her fiancé.

1:24

Currently he doesn't work he just goes to college full time

1:28

and i sent him some money for tuition and upkeep.

1:35

It's very difficult to find a job in Uganda so difficult

1:39

even if you have your papers and even if you went to school, it's very difficult.

1:44

Ronah first send me money through MoneyGram last year 2013 in August.

1:50

It was money for my tuition fees.

1:53

MoneyGram and Western Union are great services she needs to get money to Africa

1:57

you know if you put it in an envelope you are going to lose it.

1:59

There is only one issue with these services actually two

2:03

one is the speed the whole process takes like two days

2:07

and the other is the price they are taking 10%

2:11

If she wanted to send 40 dollars which would really help Ronald.

2:15

That's is going to cost her 10 dollars 15 dollars

2:18

so you are taking 30-40%.

2:21

It's more expensive dependent on when you want the other person to pick up the money.

2:28

The banks in Uganda love to take money from the poor

2:31

So if you put in a 100 dollars, in 5 months it's

2:35

going to gone, exactly.

2:39

All kind of fees, all the fees that we fought about in United States

2:42

and basically threatened to put the bank out of business

2:44

they just tag on to Uganda.

2:46

This was why did I buy the first bitcoins was to see if I could send money to her brother

2:53

in Uganda so i facebooked her brother

2:55

who got back right away what you are going to send me money?

2:58

He was given me all the instructions on Facebook. I sent him the 10 cents he gets that

3:05

now I know his Multibit is working so I sent him thirty dollars and I said

3:11

as soon as I've sent it he is like I've got it

3:14

you exchange that to Uganda shillings and I'll send you more.

3:18

I couldn't believe it that I can get money via the internet.

3:22

I opened up my account on the internet and there is money.

3:25

He slapped his laptop shut and put the USB stick in and ran off to the town

3:31

to try to find someone who would purchase his bitcoins.

3:34

I told him that I want to sell him bitcoins. He gave me his wallet address number.

3:40

I sent to his wallet address number. So that I give you hard cash, Ugandan shillings

3:46

and that's how beautiful a remittance market can work

3:49

as long as there is any demand in Uganda and there is

3:52

and it's hard for them to receive it they become person to person exchanges.

4:08

Right now in Uganda so far not a lot of people know about bitcoin

4:13

but for me I use bitcoin because I know somewhere I can sell bitcoin.

4:18

When my sister or my sister fiancé sent me money via bitcoin

4:23

I save a lot of money.

4:24

A cell phone in Uganda for a year is cheaper than the banking fees you get for

4:29

a year.

4:30

So bitcoin fits right in there. Cell Phones are really all their technology

4:34

they listen to the music on it they communicate with it

4:37

to add banking basically for free well that's a no-brainer.

4:41

I can send you money through bitcoin at the lowest rates possible and so instantly.

4:49

You know remittances is 500 billion dollars a year in the world

4:54

I think it's 500 billion dollars a year because it's so expensive

4:59

so imagine we could send 20 dollars.

5:02

I think if we have a currency that is not controlled by the government

5:06

everyone will be equal.

5:08

That's what I think.

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Uganda is just one city in Africa, there are more cities and country watch out for more adopters

Start now adopting bitcoins , visit my easy way to get bitcoins on this blog 

http://generatebitcoinmakemoney.blogspot.ca/p/earn-bitcoins-easy-way.html