But at the same time as our government is thinking, the Central African Republic, an economically backward country, last week declared bitcoin as the country’s legal currency.
Among the key questions posed to the finance minister at various events are questions about the cryptocurrency bill and the digital currency.
Most of the answers they get are the same as yes or no. Meanwhile, the Finance Minister was asked about the digital currency at a meeting of the National Securities Depository Limited on May 8.
The finance minister said, “Only part of the blockchain technology behind digital currency is at risk.
He went on to say that the use of Distributed Ledger Technology (DLT), also known as blockchain, was “absolutely essential” and that the government supported its use.
He also said that the blockchain technology behind the unnamed digital currency could be a person or even a robot but we must be fully prepared to face the future challenges posed by this anonymous technology.