Tuesday, December 25, 2018

Cameroon: Ambazonia rebels issue virtual revolutionary currency

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Anglophone separatists in Cameroon on Monday announced they had launched a virtual currency, the AmbaCoin, to help fund their campaign for independence and provide humanitarian aid.

The bitcoin-like currency, based on the blockchain software principle, is named after the “Republic of Ambazonia,” a self-declared independent state in Cameroon’s Northwest and Southwest Regions.

“The People of Ambazonia has created AmbaCoin, a tradeable digital token that can be used as a currency, a representation of an asset, a virtual share, a proof of patriotic citizenship,” according to the currency’s website.

“All sales of the AmbaCoin will be directed to fund the Ambazonian Cause, to assist Refugees & Internally Displaced Persons, to rebuild homes destroyed by occupying military forces, and to defend communities from the repressive regime of La Republique Du Cameroun.”

The News:
https://www.news24.c … ry-currency-20181224

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