Bitcoin becomes official currency in Central African Republic

[brooklynite]

Source: BBC

The Central African Republic (CAR) has approved Bitcoin as legal tender - just the second country to do so.

CAR is one of the world's poorest countries, but is rich in diamonds, gold and uranium.

It has been wracked by conflict for decades and is a close Russian ally, with mercenaries from the Wagner Group helping fight rebel forces.

Lawmakers voted unanimously to adopt Bitcoin as legal tender, said a statement from the CAR presidency.

Read more: https://www.bbc.com/news/world-africa-61248809

[ColinC]

1. Because Russia needs a way to bypass the global economic system?

I gather that since they are a close ally, they are trying to do anything they can to more easily assist in the idiot invasion of Ukraine.

[rockfordfile]

2. Russia is a fascist nation

NBA should cut out the bitcoin shit. All it does is help Russia and drive up tech prices.

[oldsoftie]

3. Now watch their "currency" fluctuate wildly day in & day out

[Baked Potato]

4. Just what they need to fight corruption, bravo Bitcoin! Nt

[Gore1FL]

5. That's gotta be at least as stable as the Ruble. nt

[LiberalFighter]

6. I look forward to hackers messing with it.

[Aristus]

7. The Central African Republic has suffered so much bizarre shit in its time.

I think the country deserves better than the economic black hole of Bitcoin.

[Hekate]

8. What could possibly go wrong?

I feel really sorry for the people in that country.