South Africa vs Bitcoin

[heisenberg0000]

Is it true that South Africans is cashing in on bitcoin?
Do South Africans really makes more money as Bitcoin to ZAR prices as very good?

I think they are currently taking a different approach towards the development of their countries. Majority of the people thinks that south africa might not be financially capable as to most countries but that would be an understatement towards them. Some part of it probably yes but not as a whole nation. So I believe that this move from them would help them towards their growth and development. How I wish our country would also do this.

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[Silentsweeper]

South Africans is enjoying every second that bitcoin is growing.

[Miner228]

This week, Bitcoin's price exceeded $ 19,000 on world exchanges, with the exception of one continent - Africa. Customers of the second largest and second largest population in the world in the world already bought Bitcoin at this price in November. On average, prices on the largest African exchange Golix.com were higher by 40% than the world average. Bitcoin.com decided to figure out what caused such a difference in price.

[Ranly123]

Is it true that South Africans is cashing in on bitcoin?
Do South Africans really makes more money as Bitcoin to ZAR prices as very good?

Not only south africans but literally all people who indevoured in bitcoin love it. Yet in south africans they are longing to get out off the slump of life and that is poverty. Given a chance to invest in bitcoin makes the feel secured in life. Hopefully many other countries will accept bitcoin in their governance to help the needy people in the nation.

[belphegory]

Poverty here is really that.......poverty. The townships are rough...8 or more people living in a single room shack with no running water and stolen electricity and outhouses. But they got a satellite dish.....go figure. Those with proper houses are lucky.

Unfortunately the ones that know about Bitcoin are the ones making a fair amount already...most of the rural people living in the townships don't know how to work a computer let alone invest in Bitcoin. But the generation of kids now are learning...so there is hope.

And when you have mouths to feed and only get paid R800 a month or R1500 if you lucky...investing in Bitcoin is going to take awhile. Specially if you don't have internet. I've supplied several computers and support for internet cafes in rural townships so its there but not quite as easy as you make it.