Post
Topic
Board Bitcoin Discussion
Re: Uganda says cryptocurrency is risky
by
olamidey
on 01/07/2019, 20:50:24 UTC
Central bank of Uganda refuses to implement crypto because "it's risky"
source: https://cointelegraph.com/news/central-bank-of-uganda-warns-decentralized-cryptocurrencies-are-risky

A lot of countries all over the world including African countries disallow or even ban cryptocurrencies and everything it stands for. Most see it as scams and Ponzi while others see it as something that will fade off after some time. So I'm not surprised. The reality however, is that their citizens still trade crypto currency and make money from investing in it. I hope it becomes legal in these countries.