How much do you think South Africans have invested in Bitcoin?
A recent study conducted by one of the largest IT Website in South Africa revealed that 53.57% of the 1,598 people who completed a crypto-currency related survey actually own some Bitcoin. However, majority of them own less than R5,000 worth of Bitcoin. This could be due to fear or a lack of understanding on Bitcoin and other crypto-currencies work.
The study also revelead that Luno has become one of the largest Bitcoin exchanges in South Africa. Perhaps this is due to how easy it actually is to buy some Bitcoin on their exchange. Unlike other exchanges you can buy directly from your bank account.
I do believe that Bitcoin will grow its market share in South Africa as more people start using it. After all, word of mouth is the best form of marketing. I am constantly promoting this wonderful technology to my friends and family and I think you should do the same.
For a more in dept analysis on the results: How much South Africans have invested in Bitcoin
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Interesting that it has reached that part of the world.
Bitcoin is taking over the world :)
Agreed!
This is supercool! @bitcoinkings Thanks! Followed...
Thanks for the support @wrayca
this post is so amazing, I'm so inspired to keep working hard on steem.
Hi @sports-2018 I am glad you liked the post. I appreciate your support.
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