Bitcoin
Will Work in Kenya. We have started on getting it to work. HOW? Many
Kenyans like MLM programs and they participate in large numbers. By
these we are NOT talking about the very poor BUT the next level above
that. They may NOT have a proper education but they understand Digital
Currency. The thing is, the Central Bank of Kenya has placed some
restriction on these kind of activities and many are shut down mid
stream.
So, we get our own onto the market and it is taken up quickly and with a lot of enthusiasm. It started as a pastime BUT the interest it sparked was overwhelming. In the beginning we were using an agent of one of the main mobile phone companies who quickly called us and showed us the Central Bank rules and gave us hours to stop using their systems and withheld over Kshs. 80,000/-. The rule says they are NOT to accept any matrix system to use their facilities. This applies across the board for ALL central Bank licensed financial institutions.
So, do we shut down? No! It is our right to do whatever we want with our money even if the systems are called Ponzi/Pyramid schemes! So we moved into using Mpesa directly and used a manual system to receive and make payments via Mpesa. We did this for close to 90days and transacted just over Kshs. 3Million (about 69BTC) in payouts ALL done manually through Mpesa! We knew this was a short term solution and had looked at our options and went on to explore digital currencies starting from Ripple and then reluctantly landed on Bitcoin! We immediately realised that Bitcoin was fully developed and the structures were in place for automating our payment system. We started talking about Bitcoin. We did this for close to 2months. Lots of articles and videos have been posted at http://www.pesamob.com/blog.php?cid=7.
Then come last week - September 1st and the whole system was turned into a Bitcoin System! With over 800 members 594 of whom are paid up, there was shock and awe! Despite ALL the warnings, nobody took the admin really seriously BUT a manual system could NOT work much longer. We had to do this. The System has slowed down but there are takers. http://www.Bitx.co.ke is swamped with new wallets being opened. The change slowed us down BUT will NOT stop us .... them - some members have taken it it surprisingly well while others are extremely UPSET!
We have had several successful transactions in and out and we expect this to grow.
Kenyans understand Digital Currency and will take to Bitcoin with enthusiam BUT ONLY if they can make some money out of it. Bitcoin is a solution to the central bank problem and it is ONLY a matter of time before other networking programs adopt Bitcoin.
The Combination of Mpesa and Bitcoin Instantly creates traders in Bitcoin ALL on the phone.
I know, you will frown at the adoption of what you may call a ponzi scheme BUT Kenyans have ALWAYS had a system called Harambee where they gave without the expectation of a return BUT now, here is a system they give into and expect a return.
The adoption is quite amazing BUT it will require a great deal of education. We can do this and more. Pesamob will slowly lead us into the remittance sector. When our relatives abroad are educated about Bitcoin, Pesamob members will be ready to exchange Bitcoin in to Kenya shillings and lives will be changed. Kenya receives close to $120M (as of today about 255,000BTC) in remittances per year. The cost of sending this much money to Kenya is about $6.3M (about 13,400BTC). This 13,400BTC or more could quite easily move to the lower levels of the Kenyan society through Bitcoin. They will exchange it for Kenya Shillings among themselves and as soon as they have enough Bitcoins, they WILL not need the regular exchanges Because many individuals will turn into exchangers! We will within a reasonable time become one of the biggest users of Bitcoin. This will help reduce the poverty that everybody is concerned about. Due to this local availability of exchangers, remittances will increase because small amounts can be sent at little cost. The possibilities are huge!
We have not even mentioned the earnings from farmers that export their Tea, coffee, flowers etc. This is another area that will quickly adopt. WE WILL start asking people from the 1st world to pay us in Bitcoins! We will also demand that they accept bitcoins for our imports! We will educate the world on Bitcoin!
ALL we need is an education first. This we are carrying out ourselves though a bit slowly BUT surely!
YOU can help make this a success - a pyramid scheme is frowned upon because the bottom or late adopters are said to lose out. This is true BUT only if we do not have the numbers to make it cycle. The potential to make it cyclical is there ESPECIALLY IF you - a Bitcoiner becomes the Bottom.
Have you ever heard about the Panare Indians? The story is that a BIBLE THAT says “THE PANARE KILLED JESUS BECAUSE THEY WERE WICKED” was created. It was created specifically for them.
In 1979, Christian Missionaries went into South America, and encountered the Panare Indians. In their language, they didn’t have words for “evil” and “sin”. So the missionaries were having a hard time convincing them that they needed to accept Jesus. So the missionaries went and customized a bible for them, in which “God” said that the Panare’ killed Jesus, and needed to be saved!
The Book is - Jesus Against the Indians:Who Won That War? By Xavier James
Bitcoiners may have to use this kind of Tactic to help Pesamob.com build the Bitcoin Ecosystem. When over 800 people start earning Bitcoins from your partcipation, then it will ONLY be a matter of time Before the whole of East Africa quickly picks this up through our members. Join Pesamob.com and send us your Bitcoins. It is NOT a charity because ALL members have to be paid up BUT you can keep opening accounts until your earnings are used up. Use the link http://www.pesabit.com - this is a revolving URL with 800 members.
Help us build the Bitcoin ecosystem through Mass Use. Join http://www.pesaBit.com (pesamob) and cause the existing members to earn Bitcoin. This will force them to open Bitcoin Wallets and Learn How to withdraw their Bitcoins. They will then have to cash them or spend them as they are.
With a membership of 800 people and growing .... this has the potential to spread the Bitcoin Gospel extremely fast. Joining will cost you 0.28BTC. The member under who you join will immediately earn 0.08BTC.
This is a Pyramid System turned over in that you - a Bitcoin Owner - though interested in the income opportunity would not feel much loss AS the benefits to the less endowed would be much greater. Please Join us.
The link http://www.pesabit.com is a rotator url for 800 members!
We intend to go East Africa, Africa and global.
Bitcoin is OUR ONLY payment System! The System is Already accepting and paying out in Bitcoin automatically!
The only drawback currently is education. Educating people on what Bitcoin is. There is plenty of stuff on the site so far http://www.pesamob.com/index.php?page=304 and http://www.pesamob.com/blog.php?cid=7 and we keep sending out more especially through the Twitter handle @PesamobCom (https://twitter.com/PesamobCom).
There are two areas we can focus on one being 37coins.com for which we have already set up a gateway and https://btcjam.com. These two can quickly enable Bitcoin to spread quickly BUT we first need to get Bitcoin to the people.
How? Through Pesamob.com.
Where do you come in - find a way of getting Bitcoiners to sign up or you place several accounts in a revolving fund until exhausted. This way, Once the people have earned some Bitcoins, they will HAVE to find a way to Cash it or use it.
Kenya being the highest adopter of Digital money in the world has huge potential, especially through the use of 37coins which is exactly like Mpesa EXCEPT that now it is global, to quickly enhance the uptake of Bitcoin locally and globally. Remittances to Kenya run into Billions of shillings and therefore Kenyans would immediately benefit from the adoption of Bitcoin NOT to mention tea farmers and coffee farmers.
There is NO better way to spread the message than through Network Marketing which is already in place and ready.
Please review this idea and see how you can get involved.
Help us build the Bitcoin ecosystem!
<================================================>
Earn Some#Bitcoins With Our Bitcoin based MLM http://www.pesamob.com A 2x2 Matrix System
So, we get our own onto the market and it is taken up quickly and with a lot of enthusiasm. It started as a pastime BUT the interest it sparked was overwhelming. In the beginning we were using an agent of one of the main mobile phone companies who quickly called us and showed us the Central Bank rules and gave us hours to stop using their systems and withheld over Kshs. 80,000/-. The rule says they are NOT to accept any matrix system to use their facilities. This applies across the board for ALL central Bank licensed financial institutions.
So, do we shut down? No! It is our right to do whatever we want with our money even if the systems are called Ponzi/Pyramid schemes! So we moved into using Mpesa directly and used a manual system to receive and make payments via Mpesa. We did this for close to 90days and transacted just over Kshs. 3Million (about 69BTC) in payouts ALL done manually through Mpesa! We knew this was a short term solution and had looked at our options and went on to explore digital currencies starting from Ripple and then reluctantly landed on Bitcoin! We immediately realised that Bitcoin was fully developed and the structures were in place for automating our payment system. We started talking about Bitcoin. We did this for close to 2months. Lots of articles and videos have been posted at http://www.pesamob.com/blog.php?cid=7.
Then come last week - September 1st and the whole system was turned into a Bitcoin System! With over 800 members 594 of whom are paid up, there was shock and awe! Despite ALL the warnings, nobody took the admin really seriously BUT a manual system could NOT work much longer. We had to do this. The System has slowed down but there are takers. http://www.Bitx.co.ke is swamped with new wallets being opened. The change slowed us down BUT will NOT stop us .... them - some members have taken it it surprisingly well while others are extremely UPSET!
We have had several successful transactions in and out and we expect this to grow.
Kenyans understand Digital Currency and will take to Bitcoin with enthusiam BUT ONLY if they can make some money out of it. Bitcoin is a solution to the central bank problem and it is ONLY a matter of time before other networking programs adopt Bitcoin.
The Combination of Mpesa and Bitcoin Instantly creates traders in Bitcoin ALL on the phone.
I know, you will frown at the adoption of what you may call a ponzi scheme BUT Kenyans have ALWAYS had a system called Harambee where they gave without the expectation of a return BUT now, here is a system they give into and expect a return.
The adoption is quite amazing BUT it will require a great deal of education. We can do this and more. Pesamob will slowly lead us into the remittance sector. When our relatives abroad are educated about Bitcoin, Pesamob members will be ready to exchange Bitcoin in to Kenya shillings and lives will be changed. Kenya receives close to $120M (as of today about 255,000BTC) in remittances per year. The cost of sending this much money to Kenya is about $6.3M (about 13,400BTC). This 13,400BTC or more could quite easily move to the lower levels of the Kenyan society through Bitcoin. They will exchange it for Kenya Shillings among themselves and as soon as they have enough Bitcoins, they WILL not need the regular exchanges Because many individuals will turn into exchangers! We will within a reasonable time become one of the biggest users of Bitcoin. This will help reduce the poverty that everybody is concerned about. Due to this local availability of exchangers, remittances will increase because small amounts can be sent at little cost. The possibilities are huge!
We have not even mentioned the earnings from farmers that export their Tea, coffee, flowers etc. This is another area that will quickly adopt. WE WILL start asking people from the 1st world to pay us in Bitcoins! We will also demand that they accept bitcoins for our imports! We will educate the world on Bitcoin!
ALL we need is an education first. This we are carrying out ourselves though a bit slowly BUT surely!
YOU can help make this a success - a pyramid scheme is frowned upon because the bottom or late adopters are said to lose out. This is true BUT only if we do not have the numbers to make it cycle. The potential to make it cyclical is there ESPECIALLY IF you - a Bitcoiner becomes the Bottom.
Have you ever heard about the Panare Indians? The story is that a BIBLE THAT says “THE PANARE KILLED JESUS BECAUSE THEY WERE WICKED” was created. It was created specifically for them.
In 1979, Christian Missionaries went into South America, and encountered the Panare Indians. In their language, they didn’t have words for “evil” and “sin”. So the missionaries were having a hard time convincing them that they needed to accept Jesus. So the missionaries went and customized a bible for them, in which “God” said that the Panare’ killed Jesus, and needed to be saved!
The Book is - Jesus Against the Indians:Who Won That War? By Xavier James
Bitcoiners may have to use this kind of Tactic to help Pesamob.com build the Bitcoin Ecosystem. When over 800 people start earning Bitcoins from your partcipation, then it will ONLY be a matter of time Before the whole of East Africa quickly picks this up through our members. Join Pesamob.com and send us your Bitcoins. It is NOT a charity because ALL members have to be paid up BUT you can keep opening accounts until your earnings are used up. Use the link http://www.pesabit.com - this is a revolving URL with 800 members.
Help us build the Bitcoin ecosystem through Mass Use. Join http://www.pesaBit.com (pesamob) and cause the existing members to earn Bitcoin. This will force them to open Bitcoin Wallets and Learn How to withdraw their Bitcoins. They will then have to cash them or spend them as they are.
With a membership of 800 people and growing .... this has the potential to spread the Bitcoin Gospel extremely fast. Joining will cost you 0.28BTC. The member under who you join will immediately earn 0.08BTC.
This is a Pyramid System turned over in that you - a Bitcoin Owner - though interested in the income opportunity would not feel much loss AS the benefits to the less endowed would be much greater. Please Join us.
The link http://www.pesabit.com is a rotator url for 800 members!
We intend to go East Africa, Africa and global.
Bitcoin is OUR ONLY payment System! The System is Already accepting and paying out in Bitcoin automatically!
The only drawback currently is education. Educating people on what Bitcoin is. There is plenty of stuff on the site so far http://www.pesamob.com/index.php?page=304 and http://www.pesamob.com/blog.php?cid=7 and we keep sending out more especially through the Twitter handle @PesamobCom (https://twitter.com/PesamobCom).
There are two areas we can focus on one being 37coins.com for which we have already set up a gateway and https://btcjam.com. These two can quickly enable Bitcoin to spread quickly BUT we first need to get Bitcoin to the people.
How? Through Pesamob.com.
Where do you come in - find a way of getting Bitcoiners to sign up or you place several accounts in a revolving fund until exhausted. This way, Once the people have earned some Bitcoins, they will HAVE to find a way to Cash it or use it.
Kenya being the highest adopter of Digital money in the world has huge potential, especially through the use of 37coins which is exactly like Mpesa EXCEPT that now it is global, to quickly enhance the uptake of Bitcoin locally and globally. Remittances to Kenya run into Billions of shillings and therefore Kenyans would immediately benefit from the adoption of Bitcoin NOT to mention tea farmers and coffee farmers.
There is NO better way to spread the message than through Network Marketing which is already in place and ready.
Please review this idea and see how you can get involved.
Help us build the Bitcoin ecosystem!
<================================================>
Earn Some
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