Post
Topic
Board Legal
Re: Central African Republic drops Bitcoin as Legal Tender
by
Rikafip
on 19/04/2023, 15:58:51 UTC

What do you think about the CAR dropping Bitcoin as a legal tender?
When they first announced that they will make Bitcoin legal tender some of us were aware that of the fact that CAR is simply not ready for something like this, so them giving up on the idea is not a surprise at all. Central African Repoublic has deep issues that can't be simply solved with Bitcoin so I am actually glad that they will focus their energy on something more reasonable than trying this idea work in a country where majroify of people don't even have access to electricity.


Central African Republic should really review the people who use Bitcoin and how useful Bitcoin is for the people there, before adopting and payment methods.
They never really cared about that as all they did was riding the Bitcoin hype train during last bull market.