Central Africa’s leap into bitcoin leaves its people bemused


Among people in the capital Bangui, Central African Republic, the word ‘bitcoin’ stirred befuddlement. — Reuters

LIBREVILLE: In the Central African Republic (CAR), nine out of 10 people do not have Internet, and only one in seven has electricity – that is, when there are no power cuts.

Yet the CAR has just followed El Salvador in adopting bitcoin as legal tender, a currency that requires access to the Net to be bought, sold or used.

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