New from Used from — — Length: 95 pages Word Wise: Enabled Enter your mobile number or email address below and we'll send you a link to download the free Kindle App.Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.Apple Android Windows Phone Android To get the free app, enter your mobile phone number.Product details File Size: 360 KB Print Length: 95 pages Simultaneous Device Usage: Unlimited Publisher: Success Council; 2 edition (April 1, 2013) Publication Date: April 1, 2013 Language: English ASIN: B00CAX5OZQ Text-to-Speech: X-Ray: Word Wise: Enabled Lending: Not Enabled Enhanced Typesetting: Amazon Best Sellers Rank: #350,873 Paid in Kindle Store (See Top 100 Paid in Kindle Store) in Kindle Store > Kindle eBooks > Business & Money > Industries > E-commerce > Online Trading in Books > Business & Money > Economics > Digital Currencies in Books > Business & Money > Investing > Online Trading Would you like to tell us about a lower price?

5 star56%4 star20%3 star16%2 star4%1 star4%See all verified purchase reviewsTop Customer ReviewsThe explanation I was looking for, to a concept ...Good book, just written to early in the secure digital fiat currency experiment.Interesting Read on this subjectGood introductionAfter reading this I've caught the Bitcoin Bug!Decent Start to understanding bitcoinMeh, too much repetition and central bank bashingHonest and thorough Most Recent Customer ReviewsSearch Customer Reviews What other items do customers buy after viewing this item?The Book Of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto Phil Champagne 33 Look for similar items by category Books > Business & Money > Investing > Online Trading Books > Business & Money > Processes & Infrastructure > E-Commerce Books > Computers & Technology > Business Technology > Web Marketing Books > Computers & Technology > History & Culture > Digital Currencies Kindle Store > Kindle Short Reads > Two hours or more (65-100 pages) > Business & Money Kindle Store > Kindle eBooks > Business & Money > Industries > E-commerce > Online Trading Kindle Store > Kindle eBooks > Computers & Technology > Web Marketing Feedback If you need help or have a question for Customer Service, contact us.

Would you like to report poor quality or formatting in this book?Click here Would you like to report this content as inappropriate?Click here Do you believe that this item violates a copyright?The “CFA Franc” is a currency used by 14 African countries, which represents 38% of the African population, and this wicked money affects 150 million lives.France created the CFA Franc in 1945 at the end of World War II for its African colonies.It is literally a copy and paste of the monetary system that Germany imposed on France during its occupation to loot France.Some of the tools of that financial weapon used by Germany against France have been exploited for more than half a century with the same arsenal on former French African Colonies.For example, even though they are many Franco-African treaties dealing with the CFA Franc, giving the impression than the currency is controlled by the African nations, it is actually not the case.Africans have no real control over the currency.On the Board of each of the Central Banks of CFA countries, seats are reserved for the French Republic and the voting and decision mechanisms are established so that France can influence the outcomes of the decisions.

The Technology Salon that asked, How Will the Bitcoin Revolution Impact Digital Financial Services?, inspired me to share with you how I think Bitcoin could potentially free West Africa from the tyranny of the CFA Franc.Zero Cost of CoinageOne key issue is the requirement that the CFA Franc is printed in France and the African countries using the currency have to pay France for the printing services.local bitcoin pending sendYet the Bitcoin payment system is free to use and open for anyone to use it.ethereum chain blockWith Bitcoin technology, anyone can use the currency without requiring approval from any government payment processing services.belajar litecoinFlexible Monetary ValueThe value of the CFA Franc is determined by France and has been devalued in 1994 at 50%, one French Franc, previously worth 50 FCFA became 100 FCFA (1).bitcoin fees rising

While the value of Bitcoin fluctuates, no one country manipulates it in order to control the economy of another country.Also, if Bitcoin is used as an immediate transfer value, vs.a store of wealth, the long-term exchange rate doesn’t matter.Easier Intra-Africa TradeThe CFA Franc are emitted by three Central banks, the West African Central Bank (BCEAO), the Central Africa (BEAC) Bank and the Federal Islamic Republic of the Comoros Central Bank (BCC).bitcoin wallet trackerEven-though they are technically the same Franc, there is no real convertibility between the three zones creating a trading fence between them.bitcoin entrepreneur arrestedBitcoin value is universal and anybody in the world could purchase goods from anyone without any intermediary.bitcoin aud price chart

Lower Forex CostsThe countries using the CFA Franc pay huge commissions disguised in the Operations accounts deposit to France for the convertibility of their currency.Indeed, France is the only country in the world, which guarantees to convert the CFA Franc in Euro (and therefore in most major currencies) and its monopoly creates hefty commissions while doing these operations.easy gpu bitcoin miningBitcoin can allow money transfer between two remote locations instantly, with very little to no commissions.play store bitcoin billionaireBitcoin has the same value worldwide and does not need to be converted to fiat money.No Operations AccountsFrance has established a clearing house which forces the former African Colonies to deposit 50% of their currency with the French Central Bank.Whenever a former colony sells exporting goods on the international market, that country must keep 50% of the sales in what is called the operation accounts.