Standard Bank Trials integration with Bitcoin. Why this is great.

[joburgtaxi]

I dont feel like being too bullish right now but;

http://www.coindesk.com/africas-largest-bank-trials-bitcoin-integration-system/

Not everyone knows that Africa is a play ground for the chinese. What is so interesting about this is that Standard Bank is owned by.... you guessed

it....Chinese.

I was born in South Africa, and I know just how much this will help them. my parents will be he first to move money back to New Zealand with this

service, because we have had no good alternative.

Dont be fooled, there is a huge market in South Africa that have access to technology enough to use bitcoins. all they need is education and

infrastructure.

Can you quote some sources saying that it is owned by "Chinese"?

http://en.wikipedia.org/wiki/Standard_Bank

[stompix]

I dont feel like being too bullish right now but;

http://www.coindesk.com/africas-largest-bank-trials-bitcoin-integration-system/

Not everyone knows that Africa is a play ground for the chinese. What is so interesting about this is that Standard Bank is owned by.... you guessed

it....Chinese.

I was born in South Africa, and I know just how much this will help them. my parents will be he first to move money back to New Zealand with this

service, because we have had no good alternative.

Dont be fooled, there is a huge market in South Africa that have access to technology enough to use bitcoins. all they need is education and

infrastructure.

Can you quote some sources saying that it is owned by "Chinese"?

http://en.wikipedia.org/wiki/Standard_Bank

20% doesn't mean it is owned by....
Let's not start with another conspiracy theory about the chinese

[sgbett]

Interesting news. China was the first country ban BTC.

citation needed

[chessnut]

I dont feel like being too bullish right now but;

http://www.coindesk.com/africas-largest-bank-trials-bitcoin-integration-system/

Not everyone knows that Africa is a play ground for the chinese. What is so interesting about this is that Standard Bank is owned by.... you guessed

it....Chinese.

I was born in South Africa, and I know just how much this will help them. my parents will be he first to move money back to New Zealand with this

service, because we have had no good alternative.

Dont be fooled, there is a huge market in South Africa that have access to technology enough to use bitcoins. all they need is education and

infrastructure.

Can you quote some sources saying that it is owned by "Chinese"?

http://en.wikipedia.org/wiki/Standard_Bank

20% doesn't mean it is owned by....
Let's not start with another conspiracy theory about the chinese

I didnt know exactly how many shares the chinese own, sorry, although 20% is not bad.
It is still significant, because the chinese are really have a lot of power in SA, just like the the USA.
If the chinese share holders didnt want bitcoin... do you think they would put up with it?
I guarantee you this wasnt the idea of any high and mighty corrupt African...... because they think way too small for this.

[zeetubes]

Looks like standard bank is partnering with icbc to place a stake in the gold market, plus they are bidding for the gold fixing seat that deutsche is giving up.

http://uk.mobile.reuters.com/article/idUKBREA1H0X120140218?irpc=932