Explained | Why countries like the Central African Republic are adopting cryptocurrencies as legal tender

A transition towards cryptocurrencies by the Central African Republic and El Salvador is spurred by the urge to circumvent inflationary pressures and move away from colonial currency mechanisms. However, prerequisites such as internet and financial digital literacy make a case for inclusivity cumbersome

from The Hindu - International https://ift.tt/mZuK103
via Alochona