How Can The Bitcoin Community Help Bring An End To The War In Ethiopia?
Bitcoin’s attributes leave it well-positioned to help facilitate an end to a genocidal war in Ethiopia.This is an opinion editorial by Michael Abraha, a contributor to Bitcoin Magazine.As the world has quickly shifted its attention to Ukraine, the ongoing genocidal war in Tigray, Ethiopia, has continued for almost 17 months. This underreported war hasn’t seen much time in the mainstream media even though 500,000 people have died as a result of it. While CNN, BBC and Al Jazeera have all reported on this conflict for months, those reports have been silenced with the fear of going to war with....
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Reports from Ethiopia say the government has enlisted the services of software company IOHK in its bid to launch the country’s biggest blockchain deployment to date. As part of the agreement, the Cardano protocol creator will be tasked with the job of creating a blockchain-based national student and teacher identification system. High Praise for the Initiative According to the government, this project is initially expected to involve more than five million Ethiopian students. Meanwhile, this link-up between these two parties has been hailed by both the Ethiopian government and IOHK.....
The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr currency is the only lawful means of settling transactions in Ethiopia. Illegal Transactions The Ethiopian central bank has warned citizens against engaging in “illegal” cryptocurrency transactions, a report has said. The report adds that the central bank still does not recognize cryptocurrencies like bitcoin as a payment method. In its report, the state-affiliated media outlet Fanabc....