Why Bitcoin Could Make Sense for Somalia
Dollar Dependency is Problematic
Somalia faces challenges with its currency system:
- US dollar reliance exposes the country to inflation and geopolitical risks.
- The Somali shilling is vulnerable to massive counterfeiting and hyperinflation in some regions.
Potential Solution: Bitcoin?
Could Bitcoin offer a more stable alternative?
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Replies (1)
Somalia and bitcoin is like a hand and a glove.