Why Botswana should embrace Bitcoin
Wednesday, May 25, 2022 | 850 Views |
Why Botswana should embrace Bitcoin blog header
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
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...