> point of bitcoin for them is that there is now a bitcoin based money transfer system they can use with no fees
There is zero coïncidence in El Salvador and the Central African Republic, nos. 115 and 154 on the corruption perceptions index [1], having implemented Bitcoin as legal tender with zero transparency around the holding wallets.
Best case: it isn’t outright embezzlement but facilitating graft.
There is zero coïncidence in El Salvador and the Central African Republic, nos. 115 and 154 on the corruption perceptions index [1], having implemented Bitcoin as legal tender with zero transparency around the holding wallets.
Best case: it isn’t outright embezzlement but facilitating graft.
[1] https://en.m.wikipedia.org/wiki/Corruption_Perceptions_Index