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{
    "id": 1095780,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1095780/?format=api",
    "text_counter": 292,
    "type": "speech",
    "speaker_name": "Kipipiri, JP",
    "speaker_title": "Hon. Amos Kimunya",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker. I rise to support this very important Bill which I was almost debating whether to support the obvious or not. For the record, this is a very important Bill because we are moving into the digital currency. We have already moved away from paper money and the traditional ways of doing things into the digital. Whatever we do, whether we like it or not, the fact that we have so many digital lenders, is an indication of where the world is going. It will not be too long before the traditional banks as we know them either move to digital or close shop. In fact, most of them have started the digital platforms and it will not be long before we start seeing virtual banks. So, when this happens and we do not have a law, we will end up in the same situation we have been caught in."
}