Quote from: fillippone on April 29, 2022, 09:51:16 PM

Quote from: MinMan on April 29, 2022, 09:43:50 PM

Quote from: dkbit98 on April 28, 2022, 04:09:36 PM

Quote from: fillippone on April 27, 2022, 12:53:34 PM

Central African Republic adopts bitcoin as legal currency

Great news for Bitcoin, and dominoes are slowly starting to fall one by one.... next continent should be Europe Wink

I am hoping Central African Republic will use different approach than El Salvador with chivo wallet, and they should allow use of non-custodial open source wallets that are widely available today.
Market is not showing much action after this news and I don't know if this could be just one big volcano getting ready to explode.

I do believe that this will have that exponential value for sure. The more nations that does this, the easier it will get for others to do it as well. Going from 0 to 1 was harder, as we can see 1 to 2 was easier, and I guarantee you that going from 10 to 12 will be even easier and 50 to 60 will be much simpler. We just need to wait, give it some time and we will see more and more nations join in eventually and that will be great for us.

Absolutely. It's all about game theory and competitive advantage. Coming fourth or fifth adopting bitcoin is a move so much more intelligent than adopting when many more countries already have.

from this ledger I see that there will be strong shocks in the bitcoin market in the future and of course the bitcoin market will show itself as a bullrun chart in the future. for now the market is still tilted down and not up, is there any ledger in africa that is still in the process of approval from various cabinets or has started issuing orders to adopt bitcoin to african citizens at this time.