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Wednesday, 6 July 2022
I still don't get it when people ask what the use case of cryptocurrency is
Without even delving into anything overly technical, I think that question is still the dumbest I've been asked so far about crypto.
I like to say that just the mere fact that cryptocurrencies facilitate cross-border transactions makes it superb. And this is besides all of the other wonderful projects that keep being launched on the blockchain. Imagine being able to earn bucks just by moving (move-to-earn) or the fact that you can mint your creatives into an NFT and get to sell on marketplaces such as Solis, OpenSea, mintable and many others.
Like I said, just the basic fact that I can get funds in the form of Bitcoin, Eth or any other token sent directly from clients around the world makes crypto so useful to me. Some people may not see that as a biggie, but for any freelancer, crypto is damn useful even just as a means of payment.
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source https://www.reddit.com/r/btc/comments/vs605k/i_still_dont_get_it_when_people_ask_what_the_use/
Tuesday, 5 July 2022
Is the Central African Republic going digital? After the adoption of Bitcoin (BTC), the Sango crypto hub goes live in the Central African Republic
Previously, the Central African Republic became the second country to fully adopt Bitcoin (BTC) as an official legal tender, aiming to attract businesses, and investors globally as well as effectively reconstruct crypto regulations and infrastructure in the country.
Now CAR will be launching its newly developed crypto hub project, Sango backed by the CARs National Assembly and aiming to remove the barriers to entry into the banking sector. Several countries and industries have actively undergone projects to further the adoption of cryptocurrencies globally, an example is Zetrix blockchain creating a cross-chain technology to bridge cross-border businesses with smart contracts, security, scalability, and interoperability services offered by the platform.
According to Cointelegraph, the president of CAR stated visions for Sango having a “common cryptocurrency and an integrated capital market that could stimulate commerce and sustain growth” as well as ensuring financial inclusion of citizens gaining access to cryptocurrency via smartphones easily.
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source https://www.reddit.com/r/btc/comments/vri3sf/is_the_central_african_republic_going_digital/
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submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
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