African Countries Resisting Bitcoin Only Delays the Inevitable

There are two forward-looking countries on Earth when it comes to bitcoin: El Salvador and the Central African Republic. These two very different countries on both sides of the globe came to the same conclusion: Bitcoin is the best money ever invented, and its early adoption would be good for the people of the adopting country and for the benefit and preservation of the concept. The nation-state itself.

On the other hand, there are other countries that are not led by talented and visionary people. Uganda may be one such example, where the central bank has just made this very ill-advised announcement, which shows a complete lack of understanding of all things money and the big changes that are to come in how it is calculated.

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