South Africa has a huge potential

[Dewi89]

A sizable figure of nearly half the population of south africa will invest in Cryptocurrency, they know that Cryptocurrency investment will be very profitable for future assets

[Hypnosis00]

Being a large country with a lot of people truly shows the potential of South Africa, actually all of the countries has their potential in bitcoin, but if that country is underdeveloped, the potential would be to vague. If people from that country has an access on Internet connection and someone there can teach them how to use bitcoin for a living, go! The potential of that country should be brought out, it needs to be shown in order for them to develop much more.

[Tenderino]

Africa has a huge potential of what? If someone makes such a headline, I would like to see an explanation with your own words and not just one sentence and a link. The link indicates you speak about a huge potential in relation to crypto currencies? I know Africa as a third world continent and highly doubt it has a huge potential in relation to crypto currencies. However, feel free to convince me otherwise?

[Indrawan77]

This sure is the great news, I like to see how people implemented crypto into their life, so its mean they are not only interested about the profit but they are interested about the technology and prepare the crypto for the future and there should be more countries try to adopt crypto into real life, if all the countries in Africa adopted crypto, it will increase the country's economic situation

[Abigail Asi]

Cryptos are becoming a great deal for young Afrcans now .this is to reduce  poverty and I think it's good. South Africa has started. Nigeria and Ghana are no exception

[incomefromcoins]

Crypto market is very big in south africa , most of the people focus on crypto currency trading, holding for long term and they are successful in that. bitcoin/cyrpto currency trading is legal here and huge potential in south africa.

[RodeoX]

In my experience you can't give away bitcoin in Southern Africa.  

I'm giving some away now but nobody seems to want it.  

[freetokens]

Bitcoin is legal in south Africa, crypto trading is having huge potential which is good market in SA . People are coming forward to do crypto trading to get huge profits. Govt is feasible with Crypto market and free to do .

[SuperD007]

This is figure isn't too far-fetched IF you put it into context.

One needs to consider how the survey was done. I'm South African and basically, this would apply to the middle income to higher income groups. The survey was done by Mybroadband, so it was an online survey. Over and above just being an online survey, the Mybroadband audience is fairly tech savy so it makes sense that 50% of them would be keen on investing in Crypto.

This by no means is an indication of the South African population as a whole, I would say its a fair enough indication of the middle to upper-income groups only.

[bigmaster23]

they've just planning by the way, it is too late to invest in crypto but better be late than nothing with 47% of population is such a good amount of people to gather and join the crypto this could trigger on what coin their planning to invest with and this will give a signal to that coin good luck to this country.

[CleverOracle]

Now I see why some platforms and new ICO's are targeting South Africa, it is because of the popularity from the citizen and acceptance from their government. if somehow they manage to increase the economic growth by using Bitcoin technology and spread news on the neighboring countries then slowly but surely the adoption will be guarantee.

[Liternyy]

"In December 2016, we established the Fintech working group to develop a new approach and a balanced policy with respect to crypto-currency, crowd-funding, machine training, alternative payment platforms, and robot-advisers."

[melonbtchunter]

South Africa has huge potential for Bitcoin. But South Africa is not a developed state. But many people of the country are very interested in investing in bitcoin. It would be great for the Bitcoin Community.

[Dava.Dina]

Actually all countries have potential in Bitcoin, but if the country retreats, its potential will be blurred.

If people from that country have access to an Internet connection and someone there can teach them how to use Bitcoin for a living.

If all countries in Africa adopt Crypto, it will improve the country's economic situation, the potential of the country should be brought out, it needs to be shown to them to grow more.

[tabas]

There's a big potential for every country and the population on South Africa is big so if majority of the people there are into crypto's, we'll see a great demand after their announcement.

South Africa has huge potential for Bitcoin. But South Africa is not a developed state. But many people of the country are very interested in investing in bitcoin. It would be great for the Bitcoin Community.

That's why they'll start to get into crypto to make development for their state.

[domains4]

Yes, I think the south africa and the asia is the blessing for the cryptocurrency market. Both are adding new people, new system in the crypto platform. About article, if those information becomes true then the crypto market will pump for a while. And day by day many countries can follow the steps of South africa.

[makatia]

That is a great thing for those involved in financial markets in South Africa.
They can afford to invest, do what they want without any obstacle

[Tazxon]

no matter where you find the information or what, the skin also find me there is no study on global hihhi ...

[btc_angela]

A sizable figure of nearly half the population of south africa will invest in Cryptocurrency, they know that Cryptocurrency investment will be very profitable for future assets

But we are not sure if that figure is correct. We all know how vast that continent is and besides all the nations around there has a lot of priorities so I don't know if people will just invest on crypto first or put their money wherein they can easily see the income right away unlike in crypto wherein you have to wait for several months of holding before you realised your gains. People there need houses, foods and electricity and even drinking water. I doubt that they will immediately jump on the crypto bandwagon without prioritising their human needs first.

[stayeduptolate]

I am very excited about those numbers, and the fact that they are already accepting crypto payments there

https://www.ccn.com/47-of-south-africans-plan-to-invest-in-cryptocurrencies/

And there comes the involvement of another country into the bitcoin . Now I think with the each passing day people have started understanding the potential of bitcoin and the best part is the countries who were completely against of bitcoin and now legalising it in their nation. The only disadvantage that bitcoin have is that it is not centralised, but when legalised governments started keeping eye over every bitcoin transactions and thus no one can make illegal use of bitcoin and that’s the thing we all wants.