Post
Topic
Board Bitcoin Discussion
Re: in future are you hoping to see some countries in Africa legalis bitcoin.
by
stompix
on 23/03/2024, 16:10:52 UTC
Central Africa Republic made the announcement to make Bitcoin a legal tender but lack the balls to forge ahead and it backed out after one year. So currently El Salvador is the only bitcoin nation in the world.
Central African Republic - Why the legal tender experiment failed.

The article forgets one thing, one of their main reason to backtrack on Bitcoin was the launch of their own token:
https://sango.org/?sl=active
Of course, it turned out to be another petrocoin, 2204 already, and not even the things listed on the roadmap for 2023 have been finished.

Nigeria, South Africa, Morocco, Ghana and Kenya and many more countries in Africa that bitcoin is legalized. It is not compulsory that the government must use it as a legal tender before, bitcoin can be used or is legal.
I was going to say the same, but you added more to my knowledge because I did not know that these countries in the second paragraph have also legalized the cryptocurrencies, well, speaking of these, I am assuming our country might also legalize the crypto as well.

They haven't!!!!
He has been corrected already like 4 times, Bitcoin is not legal in all those countries, and is in fact banned in Morroco!
The harsh reality is that right now if we country countries where Bitcoin is legal versus countries where it's banned, Africa is in last place right now of all continents and a long, long way from Europe or North America.