Aretha on Nostr: I was a bit surprised to hear that a small African country is settling payments for ...

I was a bit surprised to hear that a small African country is settling payments for wholesale wigs using BTC. Cryptocurrencies are strictly regulated in developed countries, and any move that challenges the existing currency systems backed by national credit endorsements is not allowed. However, in Africa, a land of both opportunity and turmoil, where governments frequently change and are unable to establish a stable currency system backed by national credit endorsements, cryptocurrencies have found a breathing space.
#BTC #Crypto