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According to the country's presidency, this move puts it "on the map with the most courageous and most visionary countries in the world."

Interestingly, the use of Bitcoin requires the Internet, to which only 4% of the Central African Republic has access.

Until recently, the country used the Central African franc exclusively as its official currency.

Despite its incredible wealth of diamonds, gold and uranium, the Central African Republic is one of the poorest countries in the world and the second least developed in the world.

He has been embroiled in controversy for decades as an ally of Russia, with Wagner Group mercenaries fighting the revolutionary forces.

Some believe that the adoption of Bitcoin will undermine the Central African franc, as France and Russia are at loggerheads over influence over the mineral-rich country.

"Given the corruption and the fact that its ally, Russia, is facing sanctions, suspicions are being raised," a French analyst told AFP.

On the part of the Central African Republic itself, emotions are mixed. An economist said it would make life easier, as transactions would be made via smartphones and it would be easy to convert Bitcoin to any other currency.

On the one hand, there is the view that the Central African franc is a remnant of colonialism, which allows France to exercise economic control over the African country.

On the other hand, some believe that the adoption of Bitcoin was "premature" and "irresponsible", as internet access is limited and the country has more burning issues to address, such as water scarcity, education and security.

It is recalled that on September 7, 2021, El Salvador became the first country in the world to adopt Bitcoin as its legal tender.

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