Word that South Africa's second-largest supermarket might accept bitcoin sent twitters of excitement through the cryptocurrency community last week – that is, until it emerged that, actually, they weren't going to.
At least not yet, and probably not for a while, if ever.
In a prime example of rapid reporting, headlines proclaiming mainstream adoption (in supermarket aisles at least) jumbled up the news. Pick n Pay was testing bitcoin acceptance, not rolling it out across its network.
In an interview with BusinessDay, the chain's deputy CEO Richard van Rensburg highlighted two interesting points that paint a much bigger picture.
Full story at http://bit.ly/2wkissg
Source: CoinDesk
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