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Will countries like South Africa adopt a Bitcoin reserve?
7 months ago
32
Finance & Crypto
Bitcoin
Bitcoin news
Bitcoin Davos
Bitcoin WEF
World Economic Forum
Bitcoin adoption
Cyril Ramaphosa
South Africa
South Africa president
South Africa Bitcoin
Donald Trump was the first president to launch a memecoin and the US is on the verge of establishing a strategic Bitcoin reserve.
The moves being made in the US are setting an example for the rest of the world.
During the World Economic Forum, I asked South African president Cyril Ramaphosa whether the South African government is considering the merits of a Bitcoin strategic reserve.
With the US on the cusp of establishing a BTC stockpile, countries like South Africa may well follow suit if such legislation is passed.
Here’s what he had to say outside the World Economic Forum.
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