I wonder if Ethiopia can really go toe-to-toe with big shots like China, the US and Kazakhstan. What do you think, can they pull it off?
No.
There is way too much corruption in the government to even think about pulling this off on a federal level.
There are almost no regulations about crypto in the country. In a way, it's like Vietnam or Cambodia. There are also no crypto scammers here (yet), the average person does not know about crypto, so it's like a paradise for HODLers.
My only worry is that now that this is getting on the international radar, they might crack down on crypto too....