[kictanet] Central Bank Governor says Kenya not ready for virtual currencies - Standard Digital News

[WANGARI KABIRU]

Warm Greetings!

We had a "Huge" discussion on this mtandao on the BlockChains this month and reflecting on it as a benchmark, we cannot confidently say that there is an ICTWise Community to be an advisor on this subject matter.

Yes we had great insights but ...it doesn't feel as though we have the nail on it in terms of enough ICTWise resource people to wade with through this topic and execution if warranted.

I still do not understand why and Kenya is touted to be the Silicon Savannah????

What this might do is then leave the most trusted man financial-wise in Kenya - the Governor to the edge of his seat - to protect the economy. Yes, still the best crew for this is the ICTWise.

Enjoy the catch up here on else-where;
http://coinacademy.co/

Be blessed.

Regards/Wangari

---
Pray God Bless. 2013Wangari circa - "Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth".


--------------------------------------------
On Mon, 30/5/16, Ali Hussein via kictanet <kictanet at lists.kictanet.or.ke> wrote:

 Subject: Re: [kictanet] Central Bank Governor says Kenya not ready for virtual currencies - Standard Digital News
 To: wangarikabiru at yahoo.co.uk
 Cc: "Ali Hussein" <ali at hussein.me.ke>, "KICTAnet ICT Policy Discussions" <kictanet at lists.kictanet.or.ke>
 Date: Monday, 30 May, 2016, 15:03
 
 Barrack
 Good point. There is a
 clear and present danger of missing out on a huge
 opportunity in this space because of the 'wait &
 see' attitude from the regulator. 
 The ICT Community MUST
 find a way to engage positively with them to make sure that
 they understand where we are coming from and we understand
 where they are coming from. Without this engagement we will
 continue to speak over each others' heads. 
 On Saturday when I
 posed  the question on Blockchains to the Governor I got
 the distinct feeling there was a huge discomfort on this
 issue. I have huge respect for the Governor and I hope he
 will rise to the challenge. Our very leadership in the tech
 space depends on it.
 That idea of
 Blockchains discussion at the IGF is becoming increasingly
 important. 
 Ali
 HusseinPrincipalHussein & Associates+254 0713
 601113 
 Twitter: @AliHKassimSkype: abu-jomoLinkedIn: http://ke.linkedin.com/in/alihkassim
 
 "Discovery consists in
 seeing what everyone else has seen and thinking what no one
 else has thought".  ~ Albert
 Szent-Györgyi
 Sent from my iPad
 On 30 May
 2016, at 1:05 PM, Barrack Otieno <otieno.barrack at gmail.com>
 wrote:
 
 Hi Ali,
 
 While the
 governors point is well noted, shall we continue burying
 our
 heads in the sand or do we
 adopt a more pro-active approach towards
 the bit-coin issue.
 
 Regards
 
 On 5/30/16,
 Ali Hussein via kictanet <kictanet at lists.kictanet.or.ke>
 wrote:
 Listers
 
 Central Bank of Kenya (CBK) Governor
 Patrick Njoroge has again warned that
 the
 country must go slow in adopting digital
 currencies.
 
 This
 is because Kenya currently doesn’t have systems and
 capabilities to
 handle virtual currencies. The CBK is yet
 to come up with proper policies
 to
 regulate these form of currencies such as Bitcoins, also
 known as
 currency of the Internet.
 
 Read
 on:-
 
 http://www.standardmedia.co.ke/mobile/article/2000203442/central-bank-governor-says-kenya-not-ready-for-virtual-currencies
 
 Ali
 Hussein
 Tel: +254 713 601113
 
 
 
 --
 
 Barrack O. Otieno
 +254721325277
 +254733206359
 Skype: barrack.otieno
 PGP ID: 0x2611D86A
 
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