Post
Topic
Board Bitcoin Discussion
Re: Uganda says cryptocurrency is risky
by
maxreish
on 02/07/2019, 01:47:39 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

Risks is always associated in everything. But i do understand that Banks seems hardly convinced about unregulated issues of cryprocurrency. We all know that Banks are just afraid of unsecured investments. Though, even banks can't do anything about how people are still taking a risk just to invest in cryptocurrencies. They do not want to accept the fact that bitcoin is a threat to their business.