Bitcoin players complete a mission to the Central African Republic

Posted in:

Return from the mission after several days in Bangui for the delegation of bitcoin specialists. The members of the delegation came from Belgium, Canada, France, Switzerland, El Salvador and Cameroon. Former Member of Parliament Jean-Marie Cambacérès, former President of the European and International Affairs Section of the French Economic, Social and Environmental Council (EESC), was also on the trip.

CAR is the second country in the world after El Salvador and the first country in Africa to convert bitcoin into an official currency. At the invitation of the President of the Central African Economic and Social Council, they were received by President Touadéra and held a conference at the Cemac Palace in Bangui. According to a press release from the President of the Economic and Social Council of the Central African Republic: “ interact with the national elite, civil society and communicate with the national community about cryptocurrency “.

We did what we had to do, which is to explain to civil society how to download a lightning wallet, how to exchange bitcoin repositories, explains Sebastien Gouspillou, head of the delegation and president of BigBlock Green Service. We did a training session in fact … And then above all we contacted the authorities to see where they were, how they were organized for the implementation of the adoption of bitcoin as a legal course in the country, what were the infrastructures, the projects. to improve them, we made a pretty complete point. »

Read also: The Central African Republic adopts a law on cryptocurrencies

According to these believers, bitcoin can respond to certain difficulties such as the country’s low bank rate or access to liquidity, which is usually problematic. An ambitious project in this country where about 15% of the population has access to electricity, and where one in ten Central Africans is connected to the internet.

It won’t happen in a daypoints out Sébastien Gouspillou. It is a challenge that will be very complicated, but that also interests us. So there are also difficulties, but we are very optimistic that we can go beyond these difficulties, to succeed in the commitment of President Touadéra. »

For us, the formal economy is no longer an option. The impenetrable bureaucracy keeps us trapped said President Touadera. The Minister of Finance announced the situation some time ago. ” very worrying »State Treasury.

Read also: Central African Republic: bitcoin players are expected in Bangui

.

Leave a Comment

%d bloggers like this: