Post
Topic
Board Bitcoin Discussion
Re: Uganda says cryptocurrency is risky
by
royalfestus
on 05/07/2019, 16:07:47 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

Central banks are riskier. They are oftentimes failing their own people while fattening up their own pockets. Governments are riskier also. They are granted the responsibility to lead and ensure the welfare of the people and yet they always end up falling short. Crypto is made up of people freely dispensing their properties. That does not happen with fiat. Uganda needs to step up.
Who knows if they are investing and confusing the public? However, no one is advised to break the law if there is one against crypto abide by it, cause you will be disappoint that everyone is for himself here.