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Bitcoin & CryptoCoins for Kenya
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mic_mic
#141 Posted : Tuesday, December 16, 2014 4:51:26 PM
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Joined: 12/30/2012
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Quote:
What's passing through their minds is nothing other than their currency is crashing and they must make up any excuse to fight capital flight.
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mic_mic
#142 Posted : Tuesday, December 16, 2014 6:25:32 PM
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mic_mic
#143 Posted : Thursday, December 18, 2014 1:57:58 AM
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The Bitcoin Revolution Begins

http://www.wallstreetdai...015-bitcoin-revolution/[size=6][/size]
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mic_mic
#144 Posted : Thursday, December 18, 2014 2:00:18 AM
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Russians move into bitcoin as ruble tanks

http://www.cnbc.com/id/102275772
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mic_mic
#145 Posted : Thursday, December 18, 2014 2:03:05 AM
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mic_mic
#146 Posted : Thursday, December 18, 2014 2:06:00 AM
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Bitcoin Price Roundup: December 17, 2014

http://blog.cex.io/crypt...oundup-december-17-2014/
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mic_mic
#147 Posted : Thursday, December 18, 2014 2:38:59 AM
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Listen to this!

Podcast, CEO Kenyan BitPesa about African Digital Currency Exchange & a payment network

http://letstalkbitcoin.c...nder-elizabeth-rossiello
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mic_mic
#148 Posted : Thursday, December 18, 2014 11:01:51 AM
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Joined: 12/30/2012
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Location: NBI
Kenya Revenue Authority on Finance Tax reintroducing Capital Gains Tax for property as defined in the Income Act - land, buildings, investment shares.

Presently, Bitcoin is unclassified and does not fall under any of the existing definition. There is nor regulation on how to handle Bitcoin and Capital Gains emanating from its exchange.

Very good news if you are looking for an alternative asset with 0 tax.

NO CAPITAL GAINS TAX on BITCOIN!
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mic_mic
#149 Posted : Thursday, December 18, 2014 12:32:11 PM
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Joined: 12/30/2012
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Location: NBI
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money.

Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With

Bitcoin, you can be your own bank.
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mic_mic
#150 Posted : Friday, December 19, 2014 12:42:16 AM
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Joined: 12/30/2012
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Reuters

New York regulator lays out tweaks to bitcoin rules

http://www.reuters.com/a...on-idUSL1N0U21GD20141218
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mic_mic
#151 Posted : Friday, December 19, 2014 12:46:14 AM
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Wall Street regulator updates bitcoin rules

http://thehill.com/polic...or-updates-bitcoin-rules
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mic_mic
#152 Posted : Friday, December 19, 2014 9:06:04 AM
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Joined: 12/30/2012
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Documentary: The Rise And Rise of Bitcoin

https://www.youtube.com/watch?v=qUf9juABpyA

This documentary is listed on IMDb and reviews http://www.imdb.com/title/tt2821314/

Restricted in some countries - US, Canada so use a VPN to bypass



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mic_mic
#153 Posted : Friday, December 19, 2014 9:12:28 AM
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Joined: 12/30/2012
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Lawsky to Banks: Speed Up Payments Innovation — Or Else

http://www.americanbanke...n-or-else-1071753-1.html
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mic_mic
#154 Posted : Friday, December 19, 2014 9:43:20 AM
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Joined: 12/30/2012
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Location: NBI
Why The Winklevoss Twins' New Bitcoin ETF Matters

http://www.investopedia....bitcoin-etf-matters.asp

It is important for Kenya because once it is approved, the concept is portable anywhere else with a thriving Securities Market eg Kenya. An ETF is an ETF.
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mic_mic
#155 Posted : Friday, December 19, 2014 9:51:49 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
Must Read!

Top 2014 Trends: Bitcoin Comes of Age - Awkwardly

This year saw allegations of a Ponzi scheme, new hedge funds and dark pools dedicated to the currency, and now the ultimate mark that the crypto-currency that started as the tender of drug traffickers and mercenaries has arrived - regulatory oversight.

http://www.tradersmagazi...mes-of-age-113248-1.html
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kyt
#156 Posted : Friday, December 19, 2014 9:59:34 PM
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Joined: 11/7/2007
Posts: 2,182
mic_mic are you by any chance a sales rep of bitcoin; bitpesa in kenya
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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mic_mic
#157 Posted : Friday, December 19, 2014 10:22:55 PM
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Joined: 12/30/2012
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kyt wrote:
mic_mic are you by any chance a sales rep of bitcoin; bitpesa in kenya



No. Unrelated.

BitPesa just happens to be one of the few Digital currency exchanges in east africa.

But i can assure you there are several others lined up to come in.
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mic_mic
#158 Posted : Sunday, December 21, 2014 11:30:59 AM
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Brazilian Senate Report: Bitcoin Isn't Ready for Regulation

http://www.coindesk.com/...port-bitcoin-regulation/
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mic_mic
#159 Posted : Sunday, December 21, 2014 12:17:39 PM
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Joined: 12/30/2012
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Actually, Bitcoin had a pretty good 2014

http://finance.yahoo.com...evers-yet-183038641.html
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mic_mic
#160 Posted : Monday, December 22, 2014 11:26:48 AM
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Joined: 12/30/2012
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*Some People favor gold-back money, because for millennia, mankind's stock of gold has increased at a rate of 2-3 percent per year, and no government mandarin has the power to will additional gold into existence.


As a digital currency, bitcoin possesses those key virtues of gold: Bitcoin is mathematically constrained such that there can be no more than 21 million (infinitely divisible) units, and the supply will grow in a predictable manner.

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