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0 sats \ 1 reply \ @6ef1e075c3 OP 16 Jun \ parent \ on: My Direct Account on Life in Nigeria Under the Naira Crisis and Crypto Crackdown Politics_And_Law
Yes that's correct as before the Naira was greater than the CFA, GHS, UGX and others but now, the reverse is the case
The CFA has a bad rep among bitcoiners, but many overlook that, compared to other African native currencies, it's actually more stable. Don't get me wrong, it's far from being perfect, but it's without a doubt the lesser of two evils.
Zim, Nigeria, Zaïre (DRC), Ghana, Egypt etc, have abused their currencies, and caused so much poverty in their countries, more than France ever has, with the CFA.
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