Central African Republic's Sango Project - "Crypto Initiative" [PDF] \ stacker news ~bitcoin

Central African Republic's Sango Project - "Crypto Initiative" [PDF]sango.org/sango.pdf

24 sats \ 9 comments \ @KenyaCoin 24 May 2022 bitcoin

10 sats \ 0 replies \ @KenyaCoin OP 24 May 2022

There is another post, here on SN, which includes an article on this development from Bitcoin Magazine:

Central African Republic To Launch Bitcoin, Crypto Hub | Bitcoin Magazine #31117 https://bitcoinmagazine.com/business/central-african-republic-to-launch-bitcoin-crypto-hub

20 sats \ 6 replies \ @siggy47 24 May 2022

This is a pretty glitzy pdf. Does anyone know which company or companies are working with the government on this initiative?

10 sats \ 2 replies \ @KenyaCoin OP 28 May 2022

Ok, it's very clear now it was most likely Galoy, which just shared this:

Bitcoin delegation to Central African Republic | Galoy #32447 https://galoy.io/bitcoiner-in-central-african-republic/ https://docs.google.com/presentation/d/1iSTBwNTD4fJMtBTjWTUO6vdLhvtzJD6KLKpw472Zf0Y <-- Slides

20 sats \ 1 reply \ @siggy47 28 May 2022

Thanks for posting this. It seems like a lot more work is required here than even in El Salvador. It's the second poorest country in the world, with only 15% of the population having electricity, and 11% with internet. The benefits to the people could be massive. I wonder how difficult it would be to set up a bitcoin based charity in the country that helped with getting the basics to the people, like food, clean water and shelter? I will look into what charities are already operating there.

0 sats \ 0 replies \ @KenyaCoin OP 28 May 2022

Is there any credible NGO from the Central African Republic that accepts Bitcoin donations?

https://twitter.com/Bentyn/status/1519729247585189893 https://nitter.net/Bentyn/status/1519729247585189893 <-- Read-only view, which may be easier to read

0 sats \ 2 replies \ @KenyaCoin OP 25 May 2022

There is a new exchange called Mara which claims to be advising.

“MARA will become the official crypto partner of the Central African Republic and an adviser to the president on crypto strategy and planning,” the company reportedly stated.

Coinbase-backed MARA To Advise Central African Republic On Bitcoin Adoption | Bitcoin Magazine #27651 https://bitcoinmagazine.com/markets/coinbase-backed-mara-to-advise-central-african-republic-on-bitcoin-adoption

20 sats \ 1 reply \ @siggy47 25 May 2022

Thanks. I missed this.

0 sats \ 0 replies \ @KenyaCoin OP 25 May 2022

There may be additional advisors, ... e.g., Fodé Diop:

https://twitter.com/diopfode/status/1521274036768153601 https://nitter.net/diopfode/status/1521274036768153601 <-- Read-only view of the thread, which may be easier to read

0 sats \ 0 replies \ @KenyaCoin OP 24 May 2022

Nic Carter called it!

✅

in the next five years many states will ban bitcoin some states will create explicit crypto-economic zones to attract highly mobile digital nomads, capital, etc a handful of states will openly add BTC to their FX reserves

https://twitter.com/nic__carter/status/1357701848581500940