It was a big week for cryptocurrency with the announcement that the Central African Republic has become the second country to adopt Bitcoin as a national currency. Although that is certainly a cause for celebration among the Bitcoin community, I think this decision has broader implications not just for crypto but the larger international monetary system. In today's post, I'd like to use this recent news as a tangible illustration of several monetary and international relations theories. #btc #crypto #education
Another symbolic move that helps crypto. The reality is that it doesnt do much since none of this is really going to the heart of the monetary nor financial system.
Posted Using LeoFinance Beta