Africa & Bitcoin: A Case Study
Bitcoin is being used to buy groceries in Africa. Which is strange because I've been told it's only used for money laundering. Also, Nigeria is going cashless... hmm.
Nigeria has been in the news a lot lately and for good reason. It was the first country in Africa to launch a central bank digital currency. It essentially banned crypto in 2021. Turns out the Nigerians didn’t really care for the crypto-antagonistic rule so they decided it didn’t matter. If this story sounds familiar it’s because it was the inspiration …
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