Why Botswana should embrace Bitcoin
Wednesday, May 25, 2022 | 800 Views |
After several years of skepticism and misunderstanding about cryptocurrencies, Botswana’s lawmakers passed a bill to regulate crypto trading last February. Even though the bitcoin ecosystem in Botswana is relatively new, the step taken by lawmakers should make bitcoin gain credibility. However, with lots of divided opinions about bitcoin on social media, Batswana are faced with the challenge of which information they could rely on. Hence, this article will outline five key reasons Batswana should embrace bitcoin.
1. Bitcoin adoption creates decent employment opportunities
The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...