"The national crypto is backed by bitcoin."

"It is, however, unclear the exact nature of the bitcoin-backing for Sango Coin."

's siren song and now have a total shitcoin.

https://twitter.com/TheBlock__/status/1543665931515297793

bitcoin

Central African Republic launches national cryptocurrency called 'Sango Coin'

siggy47

> "The national crypto is backed by bitcoin."
> 
> "It is, however, unclear the exact nature of the bitcoin-backing for Sango Coin."
> 
> i.e., fractional reserve, at best.
> 
> Sorry, CAR, you got seduced by [@TheMARAverse](https://Twitter.com/TheMARAverse)'s siren song and now have a total shitcoin.
> 
> https://twitter.com/TheBlock__/status/1543665931515297793

https://twitter.com/KenyaCoin/status/1543739370607370241