Let's talk about Trading bitcoins!

http://www.meetup.com/Ke...itcoin/events/218657905/

Citi Chief Economist: Bitcoin is Closest Commodity to Gold

http://www.coindesk.com/...-closest-commodity-gold/

Banks enthusiastic about bitcoin technique

Dutch translated script


https://translate.google...p;edit-text=&act=url

I'll offer a few examples based on bitcoin as a payment network

1. It works better than MPESA cross border and global. transactions take less than 5 mins, cost less 5 ksh irrespective of amount. You can send 5 billion KES for the same fee as sending 50 KES.

You can send micropayments to anywhere in the world eg 8 KES.

No KYC/AML/Bank account needed, just an internet connection.

2 It works better than paypal becasue of the above mentioned reasons plus more.

Kenya Bitcoin financial services convert your bitcoins immediately into KES fiat and into your mobile phone or bank account within less than an hour (phone) less than a day (bank) for a comparably low fee.

bitcoin - fiat/ fiat - bitcoin

Also, Paypal sucks compared to bitcoin and here is why

http://www.kachwanya.com...ror-story-love-bitcoin/


There is also the aspect of bitcoin as an alternative asset class and scarce digital asset. Has all the qualities of gold and then some.

+ Mining that gets harder with time
+ Limited quantities (Bitcoin is capped at 21 million BTC)
+ Can be used for value exchange
+ Bitcoin is better than gold because it can be split into smaller units. 1 BTC can be broken into 1 million pieces named satoshis
+ So you can diversify into bitcoin as an speculative uncorrelated asset class.

i will share more

Why Bitcoin's Stability In Volatile Markets Makes It A 'Must Own' For Long-Term Investors

Read more: http://www.nasdaq.com/ar...s-cm418813#ixzz3KluYRIeA