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> But there are countries in Africa who can already do better by simply leapfrogging to bitcoin and ditching their national currencies. This may be technically
by nordsieck 9y ago
> But there are countries in Africa who can already do better by simply leapfrogging to bitcoin and ditching their national currencies.
This may be technically true, but probably won't happen anyhow. There's a reason that those currencies are terrible, and that reason is that a person or people in power benefit from the seigniorage that is the cause of the currency inflation.