Bitcoin’s African Outpost Raises Several Red Flags

Bitcoin’s latest fans are about as far as you can get from Silicon Valley crypto bros. War-torn Central African Republic (CAR) on Wednesday adopted the digital currency as legal tender read more . It’s even odder than when El Salvador did the same thing last year. The surprise expressed by the region’s central bank and President Faustin-Archange Touadéra’s military reliance on Russian mercenaries are red flags. Bitcoin’s path to the currency mainstream just became thornier.

 
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