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Bitcoin. Metropolis. Litecoin. Nigeria. South Africa. Namibia.

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**Support the cause if you like what we say here on Sobuka** BTC: 16wWyinHnue6fwoszr6kKsZfuyYacf2wxQ ETC: 0x99BcEa1266D2ed8ABAc754035a49B7F80412812e LTC: LUeqoRJ5sR6Hzy3p7EHcwwWf9v81XQu7oE You can find full information on Steemit: https://goo.gl/jrS4e8 You can follow the team on the following social media platforms: 1. https://twitter.com/BitcoinSobuka 2. https://steemit.com/@sobuka 3. https://www.facebook.com/MotivationBitcoin/ Hello everyone! Welcome to Bitcoin Flash, a fast 2 minute recap of cryptocurrency news taken place in the southern hemisphere. Today my focus will be exclusively on Africa. I will be covering other parts of the southern hemisphere this week, one place at a time. (All prices are in USD.) For Full YouTube Video: Click Here Quick Market Recap For Today We will go over some quick market recap. Chineses regulations push Bitcoin volumes to Over-the-Counter and neighboring countries. Japan, Hong Kong, and many South Asian countries are experiencing high Bitcoin volumes. Next India considers issuing its own Bitcoin-like cryptocurrency as legal tender. And lastly, the Ethereum fork Metropolis, and no we are not talking Superman, has finally arrived with its first iteration being tested on the Ethereum network. I know Ethereum fans are finally happy that this has started. Currently, Bitcoin is trading at around $4000, Ethereum is at $300.00, and Litecoin is at the $55.00 price level. South Africa’s Second Largest Supermarket Chain Pick n Pay Trails Bitcoin Payments We will now focus our attention to the second largest supermarket chain in South Africa called ‘Pick n Pay.’ They are now partnering with Luno to allow Bitcoin payments. Pick n Pay executive Jason Peist is noted as saying “Cryptocurrency and Bitcoin are still relatively new payment concepts, yet we have been able to effectively demonstrate how we are able to accept such alternative payments.” South Africa is a hot-bed for cryptocurrency adoption and ranks fourth in Google trends on Bitcoin related searches.[1] Namibia Weary of Bitcoin but Acknowledges Blockchain Going up north from South Africa, we now reach the Republic of Namibia where their national bank is weary of Bitcoin but acknowledges blockchain technology. The bank says it does not consider Bitcoin to be legal tender and that people transacting with the cryptocurrency must be careful. The bank issues warnings against money laundering and fraudulent activities. Basically ladies and gentlemen, this is the same old news we hear everyday from other countries. Another bank is afraid. When are these guys going to learn and stop fearing Bitcoin adoption?[2] Five Things Nigerians Need to Know Before Putting their Money in Bitcoin And lastly this is a rather light article...An article by Vanguard nigeria, a well known online news publication site is trying to educate Nigerians on what they need to know before putting their money in Bitcoin. The first one is more people are using Bitcoin everyday, retailers and vendors are accepting Bitcoin, Bitcoin transfers are fast and flexible, it's extremely volatile, and lastly treat it as speculation and not as an investment. This shows education of Bitcoin is growing along with adoption.[3] That is all for today ladies and gentlemen. Once again I will go into detail and commentary on these topics for the rest of the week. Please watch for new videos on the YouTube channel and on Steemit as well. Thank you for watching Bitcoin Flash! Disclaimer The information on this blog is not financial advice. Before you invest in cryptocurrencies, please speak to a financial advisor...
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Text Comments (3)
OpmacGaming (1 year ago)
Very good news about Pick n Pay
aluckyshot (1 year ago)
I am surprised you're not growing faster, I appreciate the global view on bitcoin developments in less discussed countries. Thanks for sharing!
Sobuka (1 year ago)
aluckyshot Hey thanks! Yes it's areas least talked about that people in the West have little or no interest. But as you have seen for awhile these places are putting up serious investment in ATMs, payment systems, and such. I'm trying to find a balance between "flashy" news as well to at least attract those type of audience but at the same time stay true to the channel's purpose. We will get there eventually. Thanks for subscribing.

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