On a latest go to to Sri Lanka, American billionaire Tim Draper pitched the concept of adopting (BTC) as a authorized tender to combat towards the corruption that contributed to hyperinflation within the island nation. Nevertheless, a key Sri Lankan authority — central financial institution Governor Nandalal Weerasinghe — believed doing so would worsen the nation’s financial state of affairs.

Taking time from a TV shoot in Sri Lanka, Draper met President Ranil Wickremesinghe and Weerasinghe to advocate Bitcoin as a viable possibility for getting out of economic issues.