Shopping with bitcoin (BTC) in South Africa

Shopping with bitcoin (BTC) in South Africa

Videos that have gone viral show children in South Africa paying for groceries in bitcoins (BTC). This currency is issued and managed without any central authority becoming more and more worldwide. According to analysts, the main cryptocurrency is more resistant to inflation (even the wildest ones) than all other currencies.

Towards a bright future!

I tweet from Bitcoin Magazine on August 6, 2022, you can watch a video that shows “children in south africa using bitcoin for shopping“. Two months ago, a similar video caused a lot of talk on the Internet. So far, Internet users have been particularly responsive on Reddit. The video showed a schoolboy in South Africa using bitcoin (BTC) to pay for a purchase in a store.

Users responded by showing and expressing their joy the bitcoin network is changing lives. For some people, sending money halfway around the world can be done quickly and easily, and at low cost. A Reddit user said: “Bitcoin is really showing its value in the lives of people who live in countries that have been sidelined or stolen by global superpowers.“.

A netizen said:It’s going to change their whole country in time and that’s what we want to see, we want to see their progress now, they deserve it.“. Another pointed out that cash is less and less accepted in shops in countries like Sweden.

Bitcoin (BTC) is more widely accepted in developing countries such as South Africa. Many consider this digital asset to be the currency of the future. The way things are going, cryptos may one day succeed in completely replacing the so unstable fiat currencies.

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Download avatar Luc Jose Adjinacou

Luc Jose Adjinacou

Far from dampening my enthusiasm, an unsuccessful investment in cryptocurrency in 2017 only increased my enthusiasm. So I decided to study and understand the blockchain and its many uses and share my pen knowledge related to this ecosystem.


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