An advisor to the President of Colombia has referred to as Bitcoin the “most good piece of software program ever.”
Talking in an interview with CryptoPotato, presidential advisor Jehudi Castro Sierra lauded the technological prowess of Bitcoin. Castro Sierra, whose chief duty is to information the nation’s chief on issues associated to expertise and digital transformation, stated Bitcoin had turn out to be a major curiosity for him.
Castro Sierra informed his interviewer that he initially considered Bitcoin as a “nice open-source mission” earlier than keying in on its financial innovation:
After a while, I additionally bought within the financial innovation that it represents, and I’m nonetheless discovering wonderful new issues every single day.
The presidential advisor referred to as cryptoassets one among his “fundamental focuses,” and lauded the expertise as an “modern sandbox” to achieve residents in a safe method. Castro Sierra stated the federal government was fascinated with drafting “pleasant” regulation that might incentivize innovation within the nation and draw exterior funding.
Castro Sierra additionally commented on El Salvador’s latest adoption of Bitcoin as a authorized tender, saying it was a “daring transfer.” He remained silent on whether or not Colombia would observe go well with by recognizing Bitcoin as an official type of cash.
As an alternative he acknowledged the dangers concerned in cryptoassets, however stated the business would possible “convey new investments” to Colombia.
The views and opinions expressed by the creator, or any folks talked about on this article, are for informational functions solely, and they don’t represent monetary, funding, or different recommendation. Investing in or buying and selling cryptoassets comes with a threat of economic loss.