The major problems are the fear factor and the technological barriers. Most of the citizens don’t trust such manners of investment, resulting in an automatic rejection without even getting to know the subject. On top of that, a very huge portion of the population doesn’t have a bank account but simply uses cash. So nearly no virtual transactions are possible.
Many people earn a minimal wage of only ~40$ a month so that’s why I think it could be a great alternative in terms of investment and a huge financial support.
How can it be implemented in your opinion ? Is it a relevant idea ?
I do know it can be hard to install as people would first need to be accustomed and informed regarding crypto but I just feel like It could help a lot.
Thanks in advance and btw, I’m still new to the crypto world :) (sorry if it’s not very clear as I’m a French speaker)
To President of the Central African Republic Faustin Archangel Touadéra,
Greetings. It is no secret that you face a tough civil war, with rebellions and militias in the north and east of your nation committing atrocities against your people. You are facing large militias, some possibly with Chadian support, against your smaller numbers and little foreign support beyond peacekeeping missions. The Republic of the Congo wishes to see peace in its region, and is eager to end this violent conflict.
In 2014, I mediated peace talks in Brazzaville that resulted in a short-lived ceasefire agreement. The Republic of the Congo is offering to host another, similar set of peace talks, on November 12-13 in Brazzaville.
I look forward to your response, and expect you will be eager to bring an end to the violence and atrocities and find a solution to return displaced refugees who fled from this conflict.
Signed,
President of the Republic of the Congo Dennis Sassou Nguesso
I got my Master's focusing on African politics broadly, Now I am out of school and I want to learn about Congo-Brazzaville/Republic of Congo. I am already decently versed in it's neighbor but I feel like I need to know more about Denis Sassou Nguesso and the political history of that nation. Help?
