Profile picture
Michael Kimani @pesa_africa
, 6 tweets, 1 min read Read on Twitter
This is an interesting story.

I have 2 thoughts to share about this
1 is regarding the need to ask for permission to use new technology

"Permission" is at odds with the whole point of what's supposed to be disruptive technology

While banks might have to ask for permission

Fintechs and entrepreneurs dont have to.
We have enough permissionless blockchains available that are free and open to use.

Permissioned distributed ledgers
Permissionless distributed ledgers

Which would you rather use?
2 is about this comment by the central bank

"The central bank also said it does not recognize cryptocurrencies, which it said are “associated with anonymity, and commonly used by criminals.”

This comment belongs in the trash bin and bitcoin obituary section
Im pretty confident bitcoin and Cryptocurrencies will be mainstream.

No doubt.
This is closer to the type of hybrid blockchain Kenyan banks might be interested in

Governed blockchain
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Michael Kimani
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!