~snip~
This may be good news for Bitcoin and it is what we want, yet I have my reservation about it, there is a lot of nonsense going on in Africa right now. Most of those African countries can't decipher their right from their left, I only hope they know what they are doing and the risk involved. If it were to be an advanced country, I would have been so happy, but I don't get so excited reading such from an African country pushing for Bitcoin or adopting the same as a legal tender, this is because they might only use it for their selfish and political gain.
Their political leaders know how they could use the coin to launder money and aid corruption, that's my concern.
Yeah, it's a tricky situation what's happening in Africa.
It's only a matter of time to see what will happen, but Central African Republic already is causing issues because they adopted Bitcoin as legal tender and they're supposed to be adopting a CDBC as a block of a few African countries instead.
Not sure what will happen to them, but the fiat people are not very happy about it.