Warm Greetings! We had a "Huge" discussion on this mtandao on the BlockChains this month and reflecting on it as a benchmark, we cannot confidently say that there is an ICTWise Community to be an advisor on this subject matter. Yes we had great insights but ...it doesn't feel as though we have the nail on it in terms of enough ICTWise resource people to wade with through this topic and execution if warranted. I still do not understand why and Kenya is touted to be the Silicon Savannah???? What this might do is then leave the most trusted man financial-wise in Kenya - the Governor to the edge of his seat - to protect the economy. Yes, still the best crew for this is the ICTWise. Enjoy the catch up here on else-where; http://coinacademy.co/ Be blessed. Regards/Wangari --- Pray God Bless. 2013Wangari circa - "Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth". -------------------------------------------- On Mon, 30/5/16, Ali Hussein via kictanet <kictanet@lists.kictanet.or.ke> wrote: Subject: Re: [kictanet] Central Bank Governor says Kenya not ready for virtual currencies - Standard Digital News To: wangarikabiru@yahoo.co.uk Cc: "Ali Hussein" <ali@hussein.me.ke>, "KICTAnet ICT Policy Discussions" <kictanet@lists.kictanet.or.ke> Date: Monday, 30 May, 2016, 15:03 Barrack Good point. There is a clear and present danger of missing out on a huge opportunity in this space because of the 'wait & see' attitude from the regulator.  The ICT Community MUST find a way to engage positively with them to make sure that they understand where we are coming from and we understand where they are coming from. Without this engagement we will continue to speak over each others' heads.  On Saturday when I posed  the question on Blockchains to the Governor I got the distinct feeling there was a huge discomfort on this issue. I have huge respect for the Governor and I hope he will rise to the challenge. Our very leadership in the tech space depends on it. That idea of Blockchains discussion at the IGF is becoming increasingly important.  Ali HusseinPrincipalHussein & Associates+254 0713 601113  Twitter: @AliHKassimSkype: abu-jomoLinkedIn: http://ke.linkedin.com/in/alihkassim "Discovery consists in seeing what everyone else has seen and thinking what no one else has thought".  ~ Albert Szent-Györgyi Sent from my iPad On 30 May 2016, at 1:05 PM, Barrack Otieno <otieno.barrack@gmail.com> wrote: Hi Ali, While the governors point is well noted, shall we continue burying our heads in the sand or do we adopt a more pro-active approach towards the bit-coin issue. Regards On 5/30/16, Ali Hussein via kictanet <kictanet@lists.kictanet.or.ke> wrote: Listers Central Bank of Kenya (CBK) Governor Patrick Njoroge has again warned that the country must go slow in adopting digital currencies. This is because Kenya currently doesn’t have systems and capabilities to handle virtual currencies. The CBK is yet to come up with proper policies to regulate these form of currencies such as Bitcoins, also known as currency of the Internet. Read on:- http://www.standardmedia.co.ke/mobile/article/2000203442/central-bank-govern... Ali Hussein Tel: +254 713 601113 -- Barrack O. Otieno +254721325277 +254733206359 Skype: barrack.otieno PGP ID: 0x2611D86A -----Inline Attachment Follows----- _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/wangarikabiru%40yahoo.... The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development. KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.