for an iphone and jelly slab destro button still exists. up to the closest thing we have to pay machines, classic cars, and more automotive tales, this time on rigs. the, this is the, the news after the coming up on the program. why is president? are there all the central african republic personality promotion crypto currency? he took this social media to announce the launch off these countries, new main point will be analyzing all things crypto and asking the crypto parents the s. but what's broke chain technology might mean for the content. and one of africa's founding fathers has cost we pay tribute to know what it is, freedom pfizer, and founding father sam, who shall know who side age 95,

the hello 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 for see national and store data is following in the footsteps of, of the will of leaders specifically us president 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 mission. let me do no, no, to the history of his up. was that of going for the budget on the letter. it was on puff again. the on the lives of the, again,

my kid is left on the not this in b o moon, the update. they've been gone. come on it, they've got a city. this is your, the one year the north. wrong guys, wrong on the new of us you for the new lead, if you need the show that i picked on the book chain is a fortunately taken off, laurie and sometimes again, a little grew. i love 1st. impulse didn't going to do so need to know is that pre own sale? i'm said to go. the shield is awesome. but any d just use? yeah, they don't say no. no small do maclaine office in there. that may be something i forget, joe, that'd be those i knew was randall to send him away. so new voice, i've been to the past, you know, as president, my dear, i mentioned the central african republic has been a crypt, the car and see trail plays that back in 2022. the country became only the 2nd

worldwide to adopt bitcoin as legal tend to alongside the csc from. but this new main points owed website. so it's also 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 financial instrumental. any guide has no extensive venue and should not be viewed as a financial estimates. now, correspondent in the central african republic is, is a go to try to many. he's been gauging reaction to the new main point in the capital us here in buggy presidents for the has been pressing once because the success of the central african republic minute going. he's promising that solve the present. maybe you 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,

people a lot to meet with all the countries you keep the for margins are going up. i don't know about me going 2nd. this is the 1st time i'm learning about it. i don't know what to think about it. well informed that some news on the radio, while you but i didn't, no matter what mean calling, i don't know me, i'm going, i've never heard of it. so i don't even know what it is, is. and what is main point requirement for mol, on the c, a r name coined and all things script. so we've advisor tony roland onto the program. he is asking cia of 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 dw, use africa, tony. so lots of people would have heard of that point. but how auto can or mean coins like the seer are coined different are right,

so when you're looking at bit quite and essentially it was, it is at the top of 2 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, does i have to go to 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 that affects those 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 the peer to peer transactions without having a centralized entity essentially controlling it. and at the corner of it,

aspects of the centralization, financial sovereignty, and basically just empowering the people to be able to transfer body. now what that, what that development met was. the whole idea of means and means i essentially units of culture. 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 then evolved into what we now see today, where we have influenza is a content creators. and all of these people trying to create member little more minutes for us to be able to capture culture and share your thoughts fine. and so mean questions came, came out as a merging of those 2 realities. one of like the financial ization of value being transferred across the internet and the capturing of culture. and so what we see

now is those those 2 realities merging and we see people creating coins that could be created on a uh, on a block too. but have no intrinsic value, they have no utility. they're meant to be funding. they're meant to capture a unit of culture. and they're meant to have meaning inside of a particular collectible group. and that's what we see emerging now. okay, just on that point that you're making because on the official websites, the central african republic, the 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 saying? and who decides what it's with are? right, so it's important 1st of all, to take a step back and understand um, the profile of the sense of, of competitive. now he is, he has

a mathematics background, he was a professor and he understands cryptography in the, in a way that i don't think any of the president award. and so he understands the fundamentals of bitcoin. and what 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 for naturalization aspect. and so if you're looking at the website, i mean the video isn't that fate a, 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 this to get in a is in a way that would be used for internal development and different different aspects of this. and so why or why not be not be the biggest proponent of this particular put mutation of the use of doctor and technology? i think it's clear that his intent is to try to capture dr. emetic value and try to

capture that cultural movement that you're seeing inside of the wider trip the courtesy 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 mean point performed since it's been launched to the people by it. and what do we know about who the buyers are 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, at its highs, it got to a market capitalization of about 600000000. it currently stands at markup. some additional parts, $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 a bit. i think at the moment some of the who highest holders i'm holding between like 2700000 dollars worth of the the, the i took it all the way down to a couple of 100 dollars. and um, the nature of the nature of the block chain is that it provides a bit of an indemnity. so it's impossible for us to really determine whether or not these are persons inside of the central african republic. we're pulling these particular tokens, but usually it never is the case that it's locals. that wouldn't be holding this simply because central often the public doesn't have a very strong track record or facilitating on an offer. i'm so the of, of backed up to, for this e. so this is a purely speculative asset. and as, as, as 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, these are people um are yeah, yeah, quick analysis of, uh, some of the well as sort of being able to extract the most value is that'd be the one that starts mostly by fresh and new. so there's a bit of an unlimited in terms of the specific individuals and identities simply because public changing on the block chain does provide a bit of identity. and the people who made quite quite a bit of money on top of this. um, but this specific identities of the individuals means i'm unclear. tony donald and maloney, a trump issue, their own name coins, how have these queen performed so if you're looking at the don't know the line if i'm going to i think that it's height, the value of the dollar from him 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, i'm going to lunch and you're talking about the together of both of them having more market capitalization 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 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 precipitous and drop way and from i think if you're looking at the, from clayton where at one point it was a 75 and it's not trading at 16. so 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 foot, especially as a looking for ways to financial lives and still trying to take profits from that to, from those particular mean points. i mean, these millions that you're mentioning these all staggering sums for people suppose,

and he's just having fun. i'm so i guess my next question is the, so could anyone issue a main point? i guess that's the beauty of the blocks in the industry. anybody could this wouldn't be important, but um, i think important point to remember here is that the mean has to proceed according . and so if you're looking at me, i'm going to be doing something that you want to be able to do. is it like we live inside of and the of the attention of economy? and so your ability to be able to capture um 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 lot of the dollars, i'm quite in the middle on your point. and these are the, these have to laugh because of the public call you, is that you see to different beasts of calculating 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 plays out in the performance of the, of the, of the beam. queens that you actually see. and so the future belongs to the people who are able to actually capture attention within any in any sphere, really. but specifically in this particular one, everything rises and falls on your, your capacity to create viral metrics, 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, or 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 the money in money laundering. and the prep, the currency industry to present that 20 to about the $2000000.00 worth of that, which represents like 1 point, one percent, no $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, or traditional banks more than it happens on public off chains. again, it is only 1 point, one percent. and so there you ality that somebody would choose to bribe a foreigner in official or a government official on a public block chain where everybody could see the transactions flows and see how

things are moving as a bit far fetched. never the less, 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, government, 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 currency can be a forceful good, particularly in africa. right, so i work with which allows us to see both comments. and what we do is i'll be, represent a lot of interests um, in terms of how these technologies could actually be used as an important point to remember is that the 540000000000 was created in african last time in the last year

using capital currency 70 percent of that is institutional. and what that means is that companies are increasingly looking to kept the currency to be able to facilitate the costs for the 2 different maintenances. 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 about actually operating inside of different jurisdictions, we're seeing a lot of them to encrypt dependency to use for the population of funds. um grocery store link, which has a very aggressive direct consumer i strategy. they are using stripped a courtesy to be able to investigate funds back to the us compared to the server system that becomes a file more capital efficient means to be able to actually the budget funds be on that bill seeing a lot of different so far and about um, uh,

but i mean most companies essentially use the triple currency to be able to actually transfer value. so the way that is worked before is that the high, traditional, traditional reputable company such as western union and we'll commit then the rest of them was agent based systems and those are very extractive. additionally, now we have different fin, tech savvy much, and they have kind of like a flint stone level of efficiency where they have supplement accountants either different countries and whatever values transfer to then be then issue of payment for the inside of a given jurisdiction. and the use of the card and see now it allows for that value to be transferred directly from the user to the intended recipient. and so for them, it doesn't 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

a world that we could have a national sovereign bond that is tokenize. so imagine a token i solve and bond, and then in this case, imagine if we take the building of a light, 3 of system in there will be, which is my, my home country. all of that could be funded entirely by a couple of card and see because we would issue a national bond for that specific infrastructure project, attract the investment and have that and then have like the, the fees be the actually paid out in the lock up the currency and that 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 african 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, on the block chain and just upgrade us of our fund, financial sovereignty 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 understand us about it? yeah, of course, but he's 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 color that you could look at where you say, oh, well, this isn't very innovative piece of technology. that is actually applied except box progress and you wouldn't be liked. you could look at that as a financial ization tools that allows us to be able to tokenize different assets and bring them on to. and from, from, from a comic 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 change, you would also be right. and then crucially,

if you're looking at it as a tool of uh, freedom and 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 for it's come up with products that would actually incorporate all aspects of what this industry and deals and bring about that kind of transformation if you would like to see enough it can be on. well, thanks tony. uh for your insights on that. and once i correct the mean code, i'm launching a coin and you've been to buy it. cuz that is, i mean it would be the go. that is tony orlando, thanks so much for that. we appreciate it so many assign 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 fights

against decades off the policies imposed by it's all there for can ruinous. his death was announced to last weekend. he was 95, a freedom, 5 to 10 founding father and precedence. some the young man will be a man, but it is the face of that may be as battle for independence. his 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 his statements. his death had shaken the foundations of the republic. it is the full with most subtle then suddenness that i make the announcement this morning. the 9th of february, 2055. do then i may be on people our effect on brothers and sisters and to

the world at large about the blessing of our, the viet freedom fighter. and the version of the data is excellence. they've done some stuff is shown on the, on that led by the south, west africa peoples organizational swapped by the group. the mackay found it in the 19 sixty's. the baby is independence, was decades and then making the fights against a pod sites impose bites. neva, whites, majority south africa, there was no study, but is that just been 30000 by then i read the and insides and i did the de deductible. swapper sworn in is the 1st president of independent and it may be 1999 . and that creates the legacy as a pragmatic nation building politician at home foraging friendships with the likes of sin, bob boys, robert and the gobby while causing some criticism from the west for his controversial views. once describing a does

a man made biological weapon and homosexuality as a father and corrupts 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. funding to me, you know, can ya does. she comes from the gym where they were truly, that was because of illusionary for africa. a statue of near, but now stands outside the maybe it's independence memorial museum in the caps. so when took a last thing testament to the count as massively to the state his country towards democracy at the process of national healing. i mean,

and that is what finality shows check out. i'll add the stories on d, w dot com, forward slash applica on social media. we will see next time that will leave you today with the images of independence number. it is the 1st president span by the,

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