#2ONSectors: Cryptocurrency in Uganda simplified - Noah Baalessanvu.

<p><em>Uganda is a much less developed financial economy that does not officially recognize cryptocurrencies as a form of currency, but it also does not expressly prohibit them in the Ugandan market as digital assets.</em></p> <p><em>In this episode, Noah Baalessanvu, an Executive Strategist at CryptoSavannah starts us off with an understanding of cryptocurrencies, their economics, assets, wallets, funds and how relevant these are in the financial services sector in fueling the wheels of our economy. He shares his thoughts on;</em></p> <p><em>- What's happening in the ecosystem.</em></p> <p><em>- What cryptocurrency is, it's characteristics.</em></p> <p><em>- How important it is for money to be transparent.</em></p> <p><em>- How ready Uganda is for Crypto.</em></p> <p><em>- The opportunities.</em></p> <p><em>- Essentials for interested parties.</em></p> <p><em>- Dangers of not regulating the industry.</em></p> <p><em>- Misconceptions around crypto.</em></p> <p><em>- and GOLD; what it will take to achieve a middle class status.</em></p> <p><em><strong>Share your thoughts + Follow/ Subscribe and tell a friend this episode might benefit.</strong></em></p> <p><em>Find our more about the podcast producer &amp; Host </em><a href="https://www.linkedin.com/in/aggie-patricia-turwomwe-0a58b0165/"><em>here</em></a><em>, send inquiries to onuganda@gmail.com or call/ whatsApp +25678537996.</em></p> <p><em><strong>Episode guest:</strong></em><em> Noah on </em><a href="https://twitter.com/noryo"><u><em>twitter</em></u></a><em>, check out some of their cool projects on CryptoSavannah's </em><a href="https://cryptosavannah.com/"><em>Website&nbsp;</em></a></p> <p><em><strong>Resources.</strong></em></p> <p><em>- 2018 A Continental Position on Blockchain launched by the President and the ICT Minister Frank Tumwebaze </em><a href="https://www.youtube.com/watch?v=xsanFE4X3fg"><u><em>here</em></u></a></p> <p><em>- 2019 The cabinet Finance minister rejects crypto and says it isn’t recognized as a legal tender Kasaija </em><a href="http