Analysis-Bitcoin adoption by Central African Republic baffles cryptoverse | WTVB | 1590 AM

Yet Central African Republic has internet penetration rates of just 11%, equal to some 550,000 people online last year, the DataReportal website estimates. Meanwhile only around 14% of people have access to electricity and less than half have a mobile phone connection, the Economist Intelligence Unit says.

U.S. blockchain researcher Chainalysis, which tracks crypto usage, had no data on Central African Republic, which has been gripped for years by violence and is home to Russian mercenaries helping the government overcome rebel groups.

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