South Africa tops the list of cryptocurrency ownership among global internet users

Written by olivier-acuna | Published 2019/08/15
Tech Story Tags: crypto-mass-adoption | electroneum | south-africa | scott-stornetta | cryptocurrency | poverty | banking-the-unbanked | latest-tech-stories

TLDR South Africa tops the list of cryptocurrency ownership among global internet users. While 11 million people are unbanked the nation ranks first when it comes to cryptocurrency ownership. Experts have argued that inflation and poverty push people towards cryptocurrency ownership in the Sub-Saharan African nation. The most popular cryptocurrencies today are Bitcoin, Ehtereum, Litecoin, and EOS. Bitcoin trading volumes are back on the rise in South Africa as trading volumes in the country peaked in April 2016 and again in December 2017.via the TL;DR App

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Written by olivier-acuna | Journalist since 1984. In Web3 since 2018. Writer, reporter, ghostwriter, marketing, and Public Relations.
Published by HackerNoon on 2019/08/15