Source: biznews.com
EDINBURGH — Crypto currency sceptic Jamie Dimon, boss of global financial services firm JP Morgan, controversially stated that he would fire any trader caught dabbling in Bitcoin a few months back. Later it emerged that his own company was exploring facilitating Bitcoin trades. With all the hype around Bitcoin and trading picking up even among people who have little interest or knowledge in financial markets, it’s not surprising Dimon and others are concerned that there is a bubble of epic proportions that could easily burst. But what if Dimon and others of his ilk are wrong? As Rebecca Mqamelo observes in this carefully considered piece: blockchain technology is providing a welcome boost to business activity across Africa, though South Africa appears to be behind the curve of this trend.