Invest 1% of Ghana’s reserves in bitcoin
By GCRU Gold News on Friday, January 5 2018, 02:12 - Permalink
Mr Ndoum said central banks in Africa “may buy euros, Swiss franc, or Australian dollar or New Zealand dollars but they can also invest in this bitcoin because big investors in the world believe that this bitcoin will be a new digital reserve currency and reserve currencies are for central banks, and the central banks also have the technical capability to make a decision on this.”
He believes that the digital currency is the future of value and banking, “They central bank have the people and staff who can study the technology, the regulation and can make a decision.”
What if this continent could finally build consensus around a new digital reserve asset – and figure out ways to fund infrastructure development by leveraging it?