Africa Country Adopt Bitcoin – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

With El Salvador becoming the first country to give legal tender status to bitcoin, it begs the question: should African countries follow suit?

After June 8, we can say that the world entered the “nation state game theory” phase of Bitcoin adoption. Latin American neighbors to El Salvador, such as Panama, have started mulling over the prospects of passing similar legislation, as they don’t want their nations to be left behind. Latin American countries are not the only nations feeling pressure to move forward with bitcoin-friendly legislation. Kal Kassa wrote a fantastic piece about Ethiopia and bitcoin. In addition, American football player of Nigerian descent, Russell Okung, wrote a compelling open letter to the president of Nigeria imploring him to embrace a bitcoin standard.

Leave a Reply

Your email address will not be published. Required fields are marked *