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Bitcoin & CryptoCoins for Kenya
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mic_mic
#1 Posted : Tuesday, July 29, 2014 12:37:00 PM
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Joined: 12/30/2012
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Location: NBI
I read a couple of threads here on bitcoin and was disappointed by some wazuans trashing the technology. From the comments, most of them do not understand what it is/how it works and dismiss it from a point of ignorance.

Bitcoin and bitcoin are distintively different.

I'm starting this thread to clear the air on bitcoin, Bitcoin and cryptocoins.

They have a future and can advance financial access and financial markets. I say this from a FinTech background. I've been in both tech & finance and fully understand how it could better the financial system.

Mexico is already talking about using the blockchain technology for their peso http://goo.gl/pRkH2o

Doubters, shoot you're questions
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mic_mic
#2 Posted : Tuesday, July 29, 2014 6:33:15 PM
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Just one example of merging bitocin and asset metals. Combine the strengths of gold as a store of value and that of gold as a medium of exchange

http://www.bloomberg.com...supplant-the-dollar.html
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mic_mic
#3 Posted : Wednesday, July 30, 2014 3:14:58 AM
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Hedge funds moving into bitcoin. Co-principal of commodity trading firm Global Advisors Jersey Ltd., which trades up to $2 billion of energy and equities annually.

His Bitcoin hedge fund is called the Global Advisors Bitcoin Investment Fund (GABI)

http://moneymorning.com/...-money-sees-opportunity/
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mic_mic
#4 Posted : Monday, August 04, 2014 3:11:29 AM
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Bitcoin is a very sophisticated global distributed asset register.

It's possible to imagine 1BTC representing 100 shares of twitter and whoever holds the coin on the day of dividends is entitled to the return.

Next generation of central securities depositories or custodian banks

IBMBanking Executive Architect Richard brown speaks in this video

http://youtu.be/VDO7TDMlxsY?t=4m37s

Bitcoin for finance!
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tycho
#5 Posted : Monday, August 04, 2014 1:07:05 PM
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Joined: 7/1/2011
Posts: 8,804
Location: Nairobi
mic_mic wrote:
I read a couple of threads here on bitcoin and was disappointed by some wazuans trashing the technology. From the comments, most of them do not understand what it is/how it works and dismiss it from a point of ignorance.

Bitcoin and bitcoin are distintively different.

I'm starting this thread to clear the air on bitcoin, Bitcoin and cryptocoins.

They have a future and can advance financial access and financial markets. I say this from a FinTech background. I've been in both tech & finance and fully understand how it could better the financial system.

Mexico is already talking about using the blockchain technology for their peso http://goo.gl/pRkH2o

Doubters, shoot you're questions


I am interested in the use of alternative currencies especially considering the spread of internet use, and change in political order.

So I'd like to know, what are these points of ignorance that have been displayed by Wazuans?
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mic_mic
#6 Posted : Monday, August 04, 2014 7:48:17 PM
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Joined: 12/30/2012
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Location: NBI
@tycho

Have a read through these 3 threads

+ http://www.wazua.co.ke/f...spx?g=posts&t=27808
+ http://m.wazua.co.ke/for...spx?g=posts&t=23805
+ http://investor.wazua.co...sts&t=23805&p=4

I was intentionally careful in my choice of words *some* wazuans
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mic_mic
#7 Posted : Monday, August 04, 2014 8:59:59 PM
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Identity and transactions expert David Birch talks about how "new" ideas such as Bitcoin are actually taking us back to the way we used to think about money in the pre-industrial age.

https://www.youtube.com/...UUnaozZWUVmrfuUaydpNWmeQ
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mic_mic
#8 Posted : Monday, August 04, 2014 9:30:06 PM
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IBM Building "e-Currency Platform," including Bitcoin

Read on what's coming

http://letstalkbitcoin.c...y-platform/#.UrIiAvRDuKw
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mic_mic
#9 Posted : Tuesday, August 05, 2014 2:23:41 AM
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What is Bitcoin? Bitcoin in a nutshell by Richard Gendal, Executive Architect, IBM banking division

Have a read

http://gendal.wordpress.com/2014/01/25/
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mic_mic
#10 Posted : Tuesday, August 05, 2014 10:09:10 PM
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Thomson Reuters Adds Bitcoin-to-USD Prices to Eikon Trading Software

http://www.coindesk.com/...ds-bitcoin-prices-eikon/
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mic_mic
#11 Posted : Wednesday, August 06, 2014 2:11:01 PM
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George Osborne, UK Chancellor of the Exchequer is to launch a review to assess how the UK could become a leading global centre for Bitcoin and other virtual currencies.

George Osborne has instructed Treasury officials to work on a study looking at the benefits and threats of digital currencies, which remain unregulated.

http://www.telegraph.co....chnology-revolution.html
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mic_mic
#12 Posted : Wednesday, August 06, 2014 4:42:31 PM
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BitX Kenyan bitcoin exchange opens up in Kenya bitx.co.ke

Usual KYC requirements. It's happening folks!
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mic_mic
#13 Posted : Saturday, September 13, 2014 3:01:55 AM
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Bitcoin blockchain as a back_end for financial systems http://www.youtube.com/watch?v=lGVq0D-ucgM
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mic_mic
#14 Posted : Saturday, September 13, 2014 3:03:57 AM
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Bank of england UK releases a video on Bitcoin and digital currency tech. Bullish on the Bitcoin blockchain - decentralized ledger https://www.youtube.com/watch?v=CxDKE_gQX_M
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mic_mic
#15 Posted : Saturday, September 13, 2014 3:05:57 AM
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Quarterly bulletin bank of england report pdf on the state of Bicoin and digital currency. MUST READ http://www.bankofengland...alcurrenciesbitcoin2.pdf
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mic_mic
#16 Posted : Saturday, September 13, 2014 3:26:17 AM
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$150 million dollars transferred via the Bitcoin network for $0.00 in fees. That's the ebauty of Bitcoin. Moving large values of assets for absolutely none or extremely low friction!

https://news.ycombinator.com/item?id=6782290
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mic_mic
#17 Posted : Saturday, September 13, 2014 3:27:31 AM
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$150 million dollars transferred via the Bitcoin network for $0.00 in fees. That's the ebauty of Bitcoin. Moving large values of assets for absolutely none or extremely low friction!

https://news.ycombinator.com/item?id=6782290
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mic_mic
#18 Posted : Saturday, September 13, 2014 3:31:02 AM
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Digital currency tech suchas Ripple, stellar and Bitcoin forsmoother export earnings payment channels. No SWIFT? No African SEPA? Use ripple!

http://coinbrief.net/can...y-enable-farmers-africa/
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mic_mic
#19 Posted : Saturday, September 13, 2014 3:38:24 AM
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Bitcoin gets boost as U.S. watchdog approves first swap http://www.reuters.com/a...;feedName=technologyNews
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mic_mic
#20 Posted : Saturday, September 13, 2014 9:17:01 AM
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Short film about prevalence of M-Pesa in Kenya & how the country is a unique place to launch a BTC Biz

http://t.co/GE9aLvbvDU
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