Founder of Montegray Capital: cryptocurrencies are currently undervalued, and South African investors should include digital currency in their portfolios

Michael Jordaan, founder of Montegray Capital, said in an interview that South Africa has some of the world's leading blockchain developers and many world-class cryptocurrency start-ups. As the bitcoin bubble bursts, cryptocurrencies may be underestimated as an asset class. For investors, it is wise to configure a small portion of their portfolio, even if less than 1%, on encrypted assets. But Michael also mentioned: "They are valuable because we believe they are valuable, so it is difficult to predict the direction of cryptocurrency prices."