Sri Lanka Central Bank Says Bitcoin Cannot Solve Economic Crisis

By Bitcoinist - 1 ano atrás - Tempo de leitura: 3 minutos

Sri Lanka Central Bank Says Bitcoin Cannot Solve Economic Crisis

Investidor bilionário Tim Draper tem uma recepção mais desafiadora do que ele esperava ao propor o Sri Lanka, um nação falidaà Bitcoin.

Draper esteve no Sri Lanka na terça-feira, conversando com empreendedores locais sobre a adoção de criptomoedas. O empresário se encontrou naquele dia com o presidente do país, Ranil Wickremesinghe, a respeito do assunto.

Draper foi para o país banco central to present the same pitch. However, Governor Nandalal Weerasinghe, who is still working on fixing the nation’s financial challenges, did not embrace the idea. The central bank governor responded that Bitcoin adoption in Sri Lanka wouldn’t be a 100% reality.

Weerasinghe said introducing Bitcoin would worsen the crisis; therefore, they are still deciding to take that route. The government official stated that other technologies could be effectively used in financial services to promote social inclusion and quickly disburse funds to those in need.

Financial Crises Driving Nations To Bitcoin

Draper described Sri Lanka as a corrupt nation during the meeting and fronted cryptocurrency as a solution. He argued that Sri Lanka, a country known for its mineral resources, could have addressed its corruption by keeping perfect records through Bitcoin adoção.

Last year, Sri Lanka faced one the worst-ever economic crisis in its history, which drove prices up and caused shortages of food and fuel supplies across the nation. As a result, such difficulties stirred protests that forced President Gotabaya Rajapaksa to flee the country and later announce his resignation.

Sri Lanka is currently in talks with a group of private creditors from Japan, China, and India to restructure its debt in line with the IMF’s plan. The country is restructuring its debt payments of about $51 billion out of $28 billion, which has to be repaid by 2027.

According to Draper, Sri Lanka can address its financial crisis through Bitcoin adoption. The billionaire investor views the cryptocurrency as a good store of value, not subject to government or central-bank policy changes.

Na reunião, Draper citou El Salvador. Esta nação adotou Bitcoin como moeda de curso legal depois que seu governo adotou a criptomoeda para impulsionar a inclusão financeira e o desenvolvimento econômico.

Countries like Zimbabwe, Turkey, and Venezuela also witness ongoing financial crises. They are suffering from hyperinflations, and as a result, their citizens have been increasingly turning to cryptocurrency as a means of exchange and a store of value.

De acordo com Draper, Bitcoin is one of the essential tools for humanity to overcome financial crises. He believes investors should continue seeking opportunities by investing directly in Bitcoin and its underlying technology (Blockchain).

Bitcoin Preço Ação

Hoje, Bitcoin is trading at $23,633 with a trading volume of $30.7 billion. Bitcoin has been down 0.93% in the last 24 hours. The cryptocurrency’s price rose by 3.22% in the previous seven days.

Bitcoin’s value fell in November following the downfall of the FTX exchange, a plunge that rendered the cryptocurrency trading below $17,000 for several weeks. The cryptocurrency has so far recovered its value from November’s crash, boosted by institutional adoption.

Apesar do breve aumento contínuo, a criptomoeda perdeu mais de 70% de seu valor desde seu recorde histórico acima de $ 69,000 registrado em novembro de 2021. Tim Draper ainda está otimista, ele acredita a principal criptomoeda atingirá US$ 250,000 este ano.

Fonte original: Bitcoiné