Ghana invests 1% of its reserves in Bitcoin
The executive director of a large holding company in Ghana called on the central bank to invest one percent of its reserves in Bitcoin.
In an interview with Joy Business, Papa-Wassa Shefi Ndoum - vice president of Groupe Nduom - said that Bitcoin has grown so much that central banks can no longer ignore its precedents as a global reserve asset.
Referring to reports that predict that the US dollar will decline relative to other reserve currencies in 2018, Ndoum said that African central banks, such as the Bank of Ghana, should consider buying a small amount of Bitcoin while it is at a relatively low level compared with the record price in December last year.
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Topic: Ghana invests 1% of its reserves in Bitcoin (Read 142 times)
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