From the Start of 2016, Bitcoin Is On A Roll In Africa

By March 7, 2016Bitcoin Business

The ‘Blockchain and Bitcoin Africa” conference , that took place in Johannesburg on March 3-4, has raised the awareness level of BitcoinCT r: 8 in Africa . In South Africa , the latest developments show that 2016 may become the greatest year so far for the cryptocurrency .

Bitcoin users in Africa as a whole have been quite conservative. The level of acceptance of cryptocurrency in Africa has been very low when compared to other parts of the world. Nevertheless, awareness and usership of the cryptocurrency keeps increasing. Busy year from Kenya to Zimbabwe

The year 2016 has seen increased activity within the South African bitcoin environment. Amid the prevailing global economic turmoil, bitcoin as an alternative payment method has experienced some reasonable growth in South Africa.

Another event that has raised the awareness level of Bitcoin in South Africa is the ‘Blockchain and Bitcoin Africa Conference’ which took place in Johannesburg on March 3-4. This is an event that had representation from other African countries such as Botswana, Kenya , Ghana and Zimbabwe .

Speakers at the event included;

Marcus Swanepoel , the co-founder and CEO of BitX , a global cryptocurrency platform that provides Bitcoin products and services including wallets, exchanges, merchant integration and APIs to consumers, businesses and developers;

Kathryn Haun , a federal prosecutor with the U.S. Department of Justice;

Simon de la Rouviere , the Engineer of Societies at ConsenSys; Verengai Mabika , the lead business developer at BitFinance, and many others. Ripple effect may cause war of discounts Bidorbuy, Africa’s largest online marketplace, now accepts payments in Bitcoin. Anari Sengbe , co-founder of ProducTank , believes that a ripple effect is imminent from this particular event. Speaking to Cointelegraph, Anari said; “Bidorbuy is the most popular shopping platform in South Africa. I think the fact that […]

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