However, my call to the Central Bank is that you should start working on that development.
~Snipped~
In 2018, BoT has warned the public to act with extreme caution when trading in cryptocurrencies.
“BoT considers the recent surge in the prices of cryptocurrencies to be driven by speculation. The risk of a sharp reduction in prices is high. Investors in cryptocurrencies should be aware that they run the risk of losing all their capital,” the Central Bank of Tanzania said.
Based on Bot's previous stance on cryptocurrencies as a whole and the part I've highlighted in yellow, is it safe to assume that she was referring to them introducing their own CBDC as opposed to using
BTCitcoin or other cryptocurrencies?
Yeah, it's possible that Tanzania might issued their own CBDC as opposed to make bitcoin or crypto legal tender. So let's not jump into conclusion that bitcoin will be adopted like that. I'm sure there are personalities inside BoT who doesn't like this idea, same as India wherein the country is still in the gray area. So let's see, if BoT goes against the directive of the President, with our assumption that bitcoin should be adopted, then there could be tug of war here.