Yeah! I think that there is wrong with the heading as it said that "Ghana invests 1% of its reserves in Bitcoin". Though there is a good news that African countries will now accept the essence of bitcoin and the innovation of technology, it is hard to think that the reserve dollar of the country will put in bitcoin. Without any approval of branch of government.
Good news? You find it good news that poor countries adopt technology that's useless for 99% of their population?
That's insanely bad news! It's making the situation in the countries worse than they already were. It's not improving them at all.
First priority for these countries should be getting their country stable again, not investing in Bitcoin.
Don't get me wrong, I find Bitcoin and cryptocurrencies in general a great addition to our society, but not to Africa. It just doesn't fit in there yet.
It is hard for the poor people to come up in cryptocurrency if a lot of people didn't know yet about the technology. Well, Ghana will take a risks in investing in bitcoin. For sure if their investment will fail then it will reflect to the citizen. That's why I don't think that Ghana will surely invest in a volatile asset. They will not sacrifice the welfare of citizens.