Empowering Africa
We think that at this point, solutions in Africa should focus on getting crypto into the hands of people (ie. start with Bitcoin), wallets (very low cost hardware wallets, feature ph...
Thanks for sharing.
Benjamin Rameau
21
That’s what we thought too, until we road-showed and advertised a few international wallet solutions and pitched a new, simple multi-currency wallet solution. The feedback was lukewarm, at best — and that was to a “middle market” audience.
Our findings were as follows:
Why isn’t Bitcoin banned everywhere?
Haseeb Qureshi
3.7K51
Section 5 of the South African Reserve bank position paper on virtual currencies (2014!) pretty much sums it up https://www.resbank.co.za/RegulationAndSupervision/NationalPaymentSystem(NPS)/Legal/Documents/Position%20Paper/Virtual%20Currencies%20Position%20Paper%20%20Final_02of2014.pdf
Why Dash, Monero, and Zcash failed to replace the “physical” banks
Kirill Shilov
981
This is a great post and pretty much sums up our views on the subject, bar the fact that I somewhat disagree with the conclusion. There will be a “handful” of payment coins, not just one. Also, this is the first time I realized we’re building a banking as a service platform, lol. Love the terminology.
10 REASONS WHY BINANCE LABS IS FULLY COMMITTED TO AFRICA
Benjamin Rameau
6949
Great initiative. I just hope these decisions aren’t just being made based on these “macro views”. i.e. Population age, growth in mobile phone users etc. The continent is so nuanced and what works in Cairo most probably won’t work in Cape Town. For example, a previous reply to this post mentioned Dash, who are spending a lot of money trying to break…
