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Senior South African politician suggests country invest in Bitcoin ($BTC)

  • Mzwanele Manyi, a senior South African politician and former corporate executive, suggests that the country should consider investing in Bitcoin.
  • Manyi believes that Bitcoin is unstoppable and will devalue gold and silver significantly, urging the country to hedge its gold reserves by investing in the cryptocurrency.
  • He claims that adopting Bitcoin could help the country offset its debt within two years and drive industrialization with the remaining fund reserves.
  • The discussion around Bitcoin investment in South Africa is gaining momentum due to the proposed 'Bitcoin Strategic Reserve Act' in the US.

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