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91 sats \ 0 replies \ @arrowdrive 25 Apr 2022
Looks like it’s crypto, not bitcoin specific. Link is in French, the official language of the Central African Republic so I had to translate it. It also seems like it’s just a bill for regulating cryptocurrencies and making them legal to use as a form of payment. Not huge news.
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32 sats \ 4 replies \ @j24 24 Apr 2022 freebie
Is this real? Why isn't it making any bigger headlines so far? It's also on Wikipedia now (not by me).
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11 sats \ 0 replies \ @Coinosphere 24 Apr 2022
There are quite a few articles in french press about this, it's a french-speaking country.
But none of them mentioned "legal tender." They basically say CAR has approved legal framework for cryptocurrencies, especially bitcoin, to be regulated in the country.
Being the poorest of the poor countries in Africa, a place where banks don't even exist, this might turn into something one day... We're just not there yet.
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1 sat \ 0 replies \ @shyfire OP 24 Apr 2022
It was reported on Forbes too, so I think something happened. However it's starting to look like a crypto-as-legal tender bill which is a superset of just BTC :-/
https://forbes.mc/article/first-african-country-adopt-bitcoin-legal-currency-central-african-republic
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0 sats \ 0 replies \ @KenyaCoin 25 Apr 2022
Here's another article, but it cuts out in the middle of the first paragraph.
The Central African Republic adopts cryptocurrency
https://www.frontierafricareports.com/article/the-central-african-republic-adopts-cryptocurrency
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0 sats \ 0 replies \ @0201db7779 24 Apr 2022 freebie
"Headlines" are controlled by the narrative approved by politicians
3 sats \ 0 replies \ @02d10975a1 25 Apr 2022
This is more important than you think. Central African Republic, with 14 other African countries, has been suffering for decades from monetary colonialism by France. Bitcoin to the rescue.
https://bitcoinmagazine.com/culture/bitcoin-a-currency-of-decolonization
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1 sat \ 0 replies \ @TheBTCManual 25 Apr 2022
The source doesn't seem very legit, I heard they were also talking to some shitcoin foundation, so let's wait before people start raving about it, headlines and translations can quickly turn into the broken telephone.
If any of the francophone African nations were to do it my money would be on a place like Mauritius, Reunion or Seychelles..to a stretch maybe Madagascar, but West African and Central African countries id be very surprised, the region is super unstable, CAR has had a civil war going since 2012 and many neighboring countries have had military takeovers in recent years
Hardly a bedrock for freedoms, South Africa and Nigeria seem to be the furthest along in any bitcoin adoption with it picking up in East Africa recently
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