Today, I reflected on the Central Bank’s circular on cryptocurrencies.
I try to avoid reflecting on near-term issues, because most are not enduring in impact, but I took an exception on this because it just might be.
Trust is the foundation of banking, and it is fast being eroded.
Peer-to-peer transactions are directly proportional to trust, and it got a boost from the recent restrictions imposed by the Central Bank’s policy.
The channels I have learnt about in the last 24 hours have brought again to view, a simple lesson – There are many alternatives available that we do not access, until we get denied what is familiar.
I am thankful for the “Nos” I have received. They helped me say a stronger “Yes” to unexplored alternatives.
No
