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Move over Bitcoin; these African countries are creating their own digital currencies

The plan of adoption of central bank digital currency (CDBC) by several African countries has been on the rise due to the promise of a more efficient financial system Bitcoins and other cryptocurrencies have to offer. Suppose this goes on for the next few years; it is expected that the traditional banking system will likely collapse as people will give up on the conventional banking system and turn to cryptocurrencies to carry out their transactions.


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