Bitcoin Forum
May 25, 2024, 02:09:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2012-05-12 forbes.com The Somali American Remittance Dilemma
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: 2012-05-12 forbes.com The Somali American Remittance Dilemma  (Read 1212 times)
julz (OP)
Legendary
*
Offline Offline

Activity: 1092
Merit: 1001



View Profile
May 14, 2012, 05:52:44 AM
 #1
Quote
The Somali American Remittance Dilemma

Jon Matonis
2012-05-12

http://www.forbes.com/sites/jonmatonis/2012/05/12/the-somali-american-remittance-dilemma/

...
Wait a minute! Doesn’t bitcoin allow for rapid and trustworthy international value transfer? Isn’t bitcoin fairly easy to obtain in the developed economies of North America and Europe? Doesn’t Somalia have good telecommunications infrastructure supporting mobile phones?
...


Also posted here: http://somalilandsun.com/index.php/in-depth/690-the-somali-american-remittance-dilemma
@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
giszmo
Legendary
*
Offline Offline

Activity: 1862
Merit: 1105


WalletScrutiny.com


View Profile WWW
May 14, 2012, 06:04:08 AM
 #2
Smiley nice
ɃɃWalletScrutiny.comIs your wallet secure?(Methodology)
WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value.		ɃɃ
casascius
Mike Caldwell
VIP
Legendary
*
Offline Offline

Activity: 1386
Merit: 1136


The Casascius 1oz 10BTC Silver Round (w/ Gold B)


View Profile WWW
May 14, 2012, 06:13:34 AM
 #3
Now all that has to happen is one of those damn pirates demand Bitcoins as ransom and then we'll really be on the map.
Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
SgtSpike
Legendary
*
Offline Offline

Activity: 1400
Merit: 1005



View Profile
May 14, 2012, 09:49:15 PM
 #4
Quote from: casascius on May 14, 2012, 06:13:34 AM
Now all that has to happen is one of those damn pirates demand Bitcoins as ransom and then we'll really be on the map.
You could always start a bounty for it...

A Bitcoin bounty for a pirate to request ransom in Bitcoin.  Ha!
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2012-05-12 forbes.com The Somali American Remittance Dilemma
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!