60 sats \ 0 replies \ @sb 27 Jul 2022
I never thought I'd live to see the day when governments started shitcoining. This is hilarious 🤣
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21 sats \ 0 replies \ @IgnaciobTato 27 Jul 2022
Miami Coin and NY Coin were failures, CAR must adopt bitcoin and only bitcoin.
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21 sats \ 0 replies \ @derekross 27 Jul 2022
It's a bit sad, to be honest.
I get that they're trying to digitize their infrastructure, but they don't need NFTs and a sidechain to do this. They just need a database.
This will fail, miserably.
Hopefully no citizens get involved with this and they stick to bitcoin and bitcoin only, since it still is legal tender.
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21 sats \ 2 replies \ @nerd2ninja 27 Jul 2022
Title "Coin finds new buyers"
Article: "No one is buying this shit"
Lmao and neither should you. This is obviously a scam this government is trying out to fund themselves with.
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115 sats \ 1 reply \ @KenyaCoin OP 27 Jul 2022
It actually reads few buyers, but yup -- somehow the president of CAR got suckered by the "crypto"/"defi" advisors (Mara) on this one.
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20 sats \ 0 replies \ @nerd2ninja 27 Jul 2022
Ah shit, that's what I get for reading too fast.
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0 sats \ 2 replies \ @KenyaCoin OP 27 Jul 2022
Her'es another article on the topic:
https://african.business/2022/07/technology-information/central-african-republics-crypto-island-scheme-provokes-scepticism
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10 sats \ 1 reply \ @KenyaCoin OP 27 Jul 2022
And an article on it, in The Block:
https://www.theblock.co/post/159716/central-african-republic-begins-public-sale-of-sango-coin
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20 sats \ 0 replies \ @SimpleStacker 27 Jul 2022
Wow, seems like an absolutely horrible idea
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0 sats \ 1 reply \ @KenyaCoin OP 27 Jul 2022
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0 sats \ 0 replies \ @KenyaCoin OP 27 Jul 2022
Oooof!!
https://i.postimg.cc/FFqqz5NT/Screenshot-at-2022-07-27-06-32-48.png
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