LETTERS: Let’s have candid debate about bitcoins, cash

There has been a lot of outcry recently by regulators in Kenya about bitcoin and other cryptocurrencies. Some countries in Africa have banned them altogether.

While these actions might have been motivated by genuine concerns for their citizens and statutory obligation to protect the financial system, one would agree that the manner in which it has been done leaves a lot to be desired. To use an analogy, it is like telling your teenage son that sex is bad without explaining why.