Post
Topic
Board Economics
Re: Bitcoin Legal Tender in Central African Republic
by
Oluwa-btc
on 28/04/2022, 09:52:21 UTC
This is wonderful news, unless I am missing something: the first country having its own currency (CFA) and still adopting Bitcoin.
...Shame that it's a country with still ongoing civil war. It will give ammo to various naysayers.

I believe the country lack's finance so embarrassing bitcoin in time of financial crises and need are one of the major concerns for Bitcoin creation. Economy of this country should be in a bad shape.
As Bitcoin has stood in the time of COVID-19 Outbreak, Russia/Ukraine War, now they're currently in a civil war!
A good move for an under- developed country! Although will this push the massive bitcoin adoption ?
Countries like United States, Russia, and China needs too first in my own opinion.