tv DW News Africa Deutsche Welle February 13, 2025 6:30pm-7:00pm CET
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west and the question of financing. all that's makes it unlikely that germany will be leading europe's defense any time soon. the, this is state of virginia is africa coming up on the program? why is president, how did all these central african republic personally propose st. crypto currency. the soap says social media to announce the launch off these countries, new main point will be analyzing all things crypto and austin of crypto cards, the s. but what's broke chain technology. my main bolt, the content and one of africa's founding fathers has cost we'd pay tribute to know what it is. freedom flies and founding father sam, who shall know who side h 95. the
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hello. i'm christine window. it's good to have your company is a crypto currency, or just a con, the central african republic has just issued a mean point with the countries president himself praising the project on social media. full see national and store data is following in the footsteps of other will of data specifically us present in donald trump, who is also issued a name coin as did his wife milan? yes. so what is, i mean point i'll be speaking to a leading applicant expert on block chain technology in a few minutes. but 1st here is president toyota announcing the launch of the point michelle, let me do one on to his history for himself. was that of course, where did i place it on the letter was on punch again. the on demand vendor lives
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that we can map to display on does not do this in b o moon the update. they've been gone. come on it. they've got a city this is, you know, the one year the north on guys mol, on the new of us you for is on the new list. if you need the show that technology book, chang is fortunately taken off line. sometimes again, a little clue. i left false. impulse didn't go to date. sony that was the pre owned . so i'm set to go the she on a on symbol. do you need to just use yeah. don't see. little small, do you make going, or if he's in the, the south african jew, that'd be those i knew is randall to send him away. said new voice up into the bus . you know, as president taught there, i mentioned a central african republic has been a crypto currency trailblazer back in 2022. the country became only the 2nd
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worldwide to adopt bitcoin as legal tend to alongside the see if they from. but this new main points own website fits all, some interesting details and a frequency. aust, questions at the end is small print say close. the main point is not intended to function as an investment, security or financially instrumental. any guide has no extensive venue and should not be viewed as a financial assets. a how correspondent in the central african republic is simple to try to many. he's been gauging reaction to the new name coined in the capital here in bungie, presidents of plunder, or has been pressing once because the success of the central african republic. mimic going is promising. let's solve the present, would be huge, benefits the people of the country, which is one of the photos in the world. he's tyler, to disappear, which he sees, would be renovated with funds generate to from the launch. but here on the streets,
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people a lot to meet with all the countries new for margins are going up. i don't know about me going. so this is the 1st time i'm learning about it. i don't know what to think about to inform that some news on the radio, but i didn't know what mean calling, i don't know. mean point. i've never heard of it, so i don't even know what it is. and what is main point for mol, on the ca are named coined at all things script. so we've advisor tony roland onto the program. he is asking j off virtual assets chamber of commerce. that's the policy. think tank advising applicant governments on visual assets. he should include script of currencies. he's also the founder of $55.00. that's a quick dependency payments provided for emerging market businesses. welcome to data meetings, africa, tony. so lots of people would have heard of that point. but how auto can or mean coins like the c a r coined different right. so when you're looking at big going to essentially it was, it, it, it is, i could talk
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a total of financial sovereignty. where the, the founders of the network designed a system that was supposed to work about intermediaries to ensure that he is able to send value directly to, to pay us without the use of an of a intermediary. now if you look at the traditional financial system, is that if i want to transfer value across the board as after which my bank, which and my bank then uses the 5th network or some of the global sacraments system . which then allows that value to be transferred across the board. does those fx, there's different things that kind of impact the duration of that particular transaction. and big going was actually a tool that was designed to restore control back into the hands of the people that allows and facilitated a peer to peer transactions without having a, a centralized entity essentially controlling it. and at the corner of it, aspects of the centralization, financial sovereignty,
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and basically just empowering the people to be able to transfer value. now what that, what that development met was the whole idea of means and means are essentially units of culture, right? uh everybody sends means to to, to each other. now, from the very early onset of the internet, we had e mails and people would, would send each other little cute fords of different like motivational messages, quotes and all of those things. and those are the aspects of culture that we began to capture online. and that, that evolved into what we now see today, where we have influenza is a content creators. and all of these people trying to create memorable moments for us to be able to capture culture and share it online. and so mean questions came, came out as a merging of those 2 realities. one of like the financial ization of value, it's on slide across the internet and the captioning of culture. and so what we see
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now is those those 2 realities merging and we see people creating um, coins that could be treated on a uh, on a block to but have no intrinsic value. they have no utility. they're meant to be fun. they're meant to capture a unit of culture and they're meant to have meaning inside of a particular collective group. and that's what b c emerging now. okay, just on that point that you're making because on the official websites, uh, the central african republic and main point is it says that it's designed solely for fun, as you're saying has no intrinsic value and should not be viewed as a financial assets. and so then what should it be? what is it then? and who decides what? it's what? all right, so it's important 1st of all, to take a step back and understand the profile of the center of competitive. now he is, he has a mathematics background. he was
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a professor and he understands cryptography in the, in a way that i don't think any other president award. and so he understands the fundamentals of it to call. and look, we see here is his us time relevancy and being able to capture the attention of the world inside of trying to merge that unit of culture with the development of his nation and also the aspect so just fact financial ization aspect . and so if you're looking at the website, i mean the video isn't that fate of but if you look up the road map, you can see there's, there's a, there's a clear intent to want to distribute the still getting a is in a way that would be used for internal development and different different, different aspects of this. and so why or why that may not be the biggest component of this particular put new taishan of the use of block chain technology. i think it's clear that his intent is to try to capture dr. emetic value,
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in fact the capture of that cultural movement that you're seeing is either the wider tripped occurs industry at this time. yeah, and, and i guess we'll talk a little bit more about that later in the conversation. but for the, for the moment, how has the, the ca, or as name coined performed since it's been launched, the people by it. and what do we know about who the buyers are and, and what's happened to their money. all right, so let's see, are you going to launch with a little pump? i think it does. have it got to a market capitalization of about 600000000. it currently stands at marked up to my vision of $54000000.00 us dollars. and the, and the impact of value just means that a lot of people invested in a lot of people lost a lot of money. and that's the nature of this kind of speculative asset. because because it is no use that is being generated in a, in a sustainable fashion, it means that it is driven entirely to hype a speculation and be seen depo cash out significantly and lose quite
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a bit. i think at the moment some of the hu uh highest holders holding between like $2700000.00 worth of the the, the, i took it all the way down to a couple of $100.00. and um, the nature of the nature of the block chain is that it provides a bit of are in an empty. so it's impossible for us to really determine whether or not these are persons inside of the central african republic were holding these particular tokens. but usually it never is the case that it's locals that would be holding that simply because central african republic doesn't have a very strong track record or facilitating on an offer. i'm so the of, of backed up dependency. so this is a purely speculative asset. and as, as, as it most assets in this particular asset class, it has done terribly. right. and who would have profited, who would have been the people that you say made a lot of money compared to those who didn't. thank you. so again,
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these are people um are yeah, yeah, quick analysis of uh, some of the wireless i've been able to extract the most value is that the, the wallet stops mostly by fresh and new. so that's a bit of i know they meant to be in terms of the specific individuals and identities simply because i'll be changing on a blocked in does provide a bit of identity and the people who made quite quite a bit of money on top of this but this specific identities of the individuals remains unclear. sony, donald and maloney of trump issued their own name coins. how have these queen performed or so if you're looking at the don't know, the line it's, i'm mean going to i think that it's height. the value of the dollar from being going was close to $75.00 us dollars, which is unheard of for this particular asset class. and then soon afterwards, we have the middle initial,
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i'm going launch and you're talking about together of both of them having more market capitalization of upwards of $60.00 to $70000000000.00 of us dollars um, at their, at their heights. but at the moment, both of them are trading very, very low. and so we've seen all of those market drops by reduced significantly. and the market capitalization essentially just speaks to how much, how much money has been invested in that particular. i mean going and you see not hard to have a precipitating job where from i think if you're looking at the trunk going with one point, it is a 75 and it's not trading up 16 or they're both of us dollars. and so the impact of that is that good to go to see a lot more people continuing to hurt, especially as a looking for ways to financial lives and still trying to take the profits from that to, from those particular mean points. i mean these billions that you're mentioning these all staggering sums for people supposed to be just having fun. and so i guess
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my next question is the, so could anyone issue a main point? i guess that's the beauty of the block to i'm the industry, anybody could this what me i'm going but um i think important point to remember here is that the mean has to proceed according um and so if you're looking at me, i'm going to doing something that you want to be able to do is it like we live inside of and the, of the attention of incredibly. and so your ability to be able to capture people's attention is, is basically the tools of the trade of not is like um, the basis of how this financial industry is actually service and how it actually moves. and so when you're looking at, when you actually comparing like the performance of the download of the deluxe, i'm quite in the middle on your point. and these are the, these are to not because of public call you is that you see to different beasts of
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capturing attention. donald trump has been capturing our attention for many, many years from the days of your fired as part of his famous reality tv show to the day that he came down the golden staircase and declared his intention to run for presidency. he understands how to capture that township. i do not think the central african republic president is, comes even close to that and not please out in the performance of the, of the, of the beam questions that you actually see. and so the future belongs to the people who are able to actually capture attention within any within any sphere really. but specifically in this particular one, everything rises and falls on your, your capacity to create virals methics moments. now legal experts have raised concerns about these token queens that they could serve as a vehicle for, for bribery, for corruption, particularly in the case of politicians. do you share that concern?
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i go back to the fact that one, these are public updates, right? and if you're looking at the data in 2023, about 3 trillion was, was cheated in money in money laundering and the top, the currency industry to present at $22.00 about $22000000.00 worth of that, which represents like 1 point, one percent. know $220000000.00 a fact which represents 1 point, one percent of the global money laundering a system. and so a lot of the money laundering happens a traditional bank, small then it happens on public golf chains. again, it is only 1 point one percent. and so there you ality that somebody would choose to bribe a phone or an official, or a government official on a public block chain where everybody could see the transaction flows and see how things are moving as a bit far fetched. never the less,
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i don't want to like completely rubbish. these are, these are particular concerns. but what is, what is more important is the fact that in terms of how african governments could use some of these technologies, the mean calling the medium quite increases represents the absolutely lowest drawing of what this technology means for emerging market come, uh, governments. just coming back to the c a r mean coin. it just, it, it looks like an example of bad practice. but could you perhaps share an example we crypto car and see can be a forceful good, particularly in africa. right, so i work with which allows us to see both commerce and what we do is i'll be represent a lot of interests um, in terms of how these technologies could actually be used. an important point to remember is that the 540000000000 was created in african locked. i'm in the last year using kept the currency 70 percent of that is institutional. and what that
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means is that companies are increasingly looking to kept the currency to be able to facilitate the costs for the treated. remington says, so we're seeing adoption rising to the tunes of hundreds of billions that are being driven by african merchants and lots of the american merchants across the world. and so that's an important document that'd be asked to begin to look at. additionally, for multinational corporations that operating by the actually operating inside of different jurisdictions, we're seeing a lot of them to encrypt dependency to use for the partition of funds. um grocery store link, which has a very aggressive direct consumer strategy. they are using strip to go ahead and see to be able to depreciate funds back to the us compared to the system that becomes a far more capital efficient and means to be able to actually partied funds. beyond that bill, seeing a lot of different uh far in about uh,
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but i mean most companies essentially use the triple currency to be able to actually transfer value. so the way that is work before is that the high traditional, traditional government as a company such as western union and will commit and the rest of them who loves ethan based systems and those are very extractive. additionally, now we have different than tech savvy much. and they have kind of like a flint stone level of efficiency where they have supplement accountants either different countries and whenever values transferred to them, they then issue a payment or the inside of a given jurisdiction. and a, the use of dependency now allows for that value to be transferred directly from the user to the intended recipient. and so for remington says that it actually creates a very good um channel. but the most important and the most significant use of some of this technology is really around the tokenize ation of assets. and so imagine
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a world that we could have a national sovereign bond baptist organized. so imagine a token nice organ born. and then in this case, imagine if we take the building of a light, 3 of system in nairobi, which is my, my home country. all of that could be funded entirely by crypto card and see because we would issue a national bond for that specific infrastructure project. attract investment and have that and then have like the, the fees be, be actually paid out in not a lock up, i'd say. and that's the value being transferred back to the, to the, to the investors of the bond. and so the potential of the, and the, the potential and use of some of these technologies is uniquely suited for africa then lifetime government. and so we're looking forward to seeing a lot more tokenize ation. a lot more infrastructure projects that are built and not distributed and marketed on the,
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on the block chain and just upgrade us with our funds financial. so i'm going to being returned back to the people of africa, not so. so now i'm just wondering if you would by name coins and perhaps you've bought some. do you want to tell us about it? the depth of course, because again, i'll say this right. um, if you're looking at the block chain industry as about 4 different max, and you've got to put all 4 different colors, does the academic and mathematics below that you could look at the way you see over this is a very innovative piece of technology that is actually applied company accept box, i'm talking to you and you wouldn't be liked. you could look at the financial ization tools that allows us to be able to tokenize different assets and bring them on shaking. and from, from, from the economic and financial perspective, you would also be right, if you're looking at it as the merge of internet and ad and culture and defensible value on chain, you would also be wrecked. and then crucially,
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if you're looking at it as a tool of a free domain, financial sovereignty, you would also be right. and so we need, we need a holistic view when we're looking at this uh, this particular industry where we actually able to combine all of these forward, come up with products that would actually incorporate all aspects of what this industry and deals and bring about the kind of transformation that you would like to see in africa and beyond. well, thanks tony. uh for your insights on that, and once i correct the main code, i'm launching a coin and you've been to buy it. cuz that is, i mean it would be the pickup. that is tony orlando, thanks so much for that. we appreciate it. tony assigned to sign. appreciate it. thank you. the name of them has been mourning the death of its 1st president since gaining independence in 1990 sam milner spearheaded the struggle for freedom and the fight against
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decades. all the positives imposed by it's all there for can rule is his death was announced last weekend. he was $95.00, a freedom fight to attend the founding father and precedence. some neo will be with men, but it is the face of men, maybe as battle for independence is place in history, highlighted by the co and the may be in precedence. seen here, offering his condolences to new york, most family, non gold and bumble set in the statements. his dad said, shaking the foundations of the republic. it is the full with up most subtle. then sub miss that i make the announcement this morning on the 9th of february 2025. to then i may be on people. our african brought us insist us into the world at large about the blessing of why the
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viet freedom fighter and that inversion edited the exit of the doctor. some stuff is shown on the, on the lead by the south, west african peoples organizational swapped by the group. the co found it in the 19 sixty's. the baby is independence, was decades and then making the fight against the pot sites impose bites. neva white's majority, south africa, there was no study, but it is that there's been 30000 by then i read the and insides and i did the on the dash, both swapper sworn in is the 1st president of independent and it may be 1999 and that creates that legacy as a pragmatic nation building politician at home foraging friendships with the likes of sin, bob boys, robert and the gobby bar, causing some criticism from the west for his controversial views. once describing a does a man made biological weapon and homosexuality as
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a father and corrupt so ideology. i think there are many criticisms that i would need is have, but i think one important thing is that he is linked to the integration of this country. as being that we value highly, and i think something that back in the day in his time has been shown as something that really, really drives us as the movie. and so suddenly almost lost his training, grateful not just for us, but also for africa. he is one of the last sending need is, comes from the regime wherever you can talk about nelson mandela to me, you know, can ya does, she comes from or a game where they were truly, that was illusionary for africa. a statue of near but now stands outside limit be its independence memorial museum in the capital. when took a last thing testament to the count as massively to the state of his country towards democracy at the process of national healing. i mean,
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of the coach fog and it was on shore detroit on the voltage springs when power is one of the most important sources of green energy. but it remains controversial, not just in germany. president trump as issued a moratorium on permits in the us is wind energy in a slump, low bu us. in 30 minutes, dw michael angela is boss and the minimum standard requires the most banks and palaces worldwide. the world's most precious model is minded
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in the white gold of tuscany has been a rock solid currency for thousands of years made in germany in 60 minutes on the w. the reason that say the way growing up in a country with no prospect of us in 2090 before the rest of the 5 young people of searching the way can and dream vacation to the human they is
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a lot of the we will now say the way starts february 14th on t w. like to come out when your married break of gender tonight, entities. how does our mental health impact i love lives? how do we approach money within our relationship? so it is $1.00 of the few sources. listening to content about sexuality and sexual matters. i'm liza modeled as an i'm going to be exploring all listen more in a new season of mine. available on all platforms are relentless during filming 30 years of chaos and hope. the congo documentary about it decades law, fuels by neighboring countries, greed for wrong materials. the world all too often silence in the face
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of tragedy. congo, empire of silence starts february 50 on dw, the. this is dw news live, and from berlin, a car ran into a crowd of people in munich. at least $28.00 were injured and police say the driver and asked in asylum seeker is now in custody of their coming up at donald trump's defense secretary, defending his boss and nato headquarters in brussels. pete hex, it insisting that trump is not betraying ukraine by keeping in to the kremlin and the stars coming out in berlin as its 75th international film festival. the $1000000000.00 gets underway at this. oh.
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