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tv   DW News Africa  Deutsche Welle  February 15, 2025 5:30pm-6:01pm CET

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the sweet tyrant, these events in self titled videos, challenging german wood so explains quick and easy, short and sweet. find us on the w dot home, click apply, and social media. video news for manning, german quotes from sliced. the . this is data really is africa coming up on the program. why is president, how did all the central african republic personality pro st. crypto currency. he took his social media to and mounts the launch off these countries. news mean points will be analyzing all things crypto and asking the crypt apparently if but what broke chain technology might mean for the content. and one of africa's founding fathers has the cost
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we pay tribute to know it is freedom, pfizer and founding father sam, who shall know who side age 95. the hello. i'm christine. wonder. 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 presented himself praising the project on social media force. the nationalist adara is following in the footsteps of, of the will of the to specifically us present in donald trump, who is also issued a name coin as did his wife milan. yeah. so what is, i mean point i'll be speaking to a leading african expert on block chain technology in a few minutes. but 1st here is president toyota announcing the launch of the point a michelle, let me do more launch. it is just me because of was that of going so i did i put it
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on the letter was on punch again on demand vendor lives that began 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 list, if you need the show that i picked on the book, shen is opportunity taken off. leave some of again, a little clue. i love 1st. impulse didn't go to date. sony that was the pre owned see him said the go the she on a on symbol. jenny de issues. yeah. don't see little small do you make going office in the database up if you can show that those was random to see the way. so new voice up, people up as soon as presidents are there, i mentioned the central african republic has been
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a crypt. the car and see trail blazers back in 2022. the country became only the 2nd worldwide to adopt bitcoin as legal tend to alongside the see if they from. but this new main points own website sits all some interesting details and a frequency. aust, questions at the end is small print say, course the main point is not intended to function as an investment, security or financial instrumental. any kind has no extensive venue and should not be viewed as a financial estimates. how correspondent, in the central african republic is simple to try to many he's been gauging reaction to the new main point in the capital. it seemed buggy presidents for the husband pressing once because the success of the central african republic many going his promising. let's solve the problem with the use of the benefits of the people of the country, which is one of the photos in the world. he's highlight at this point,
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which he says would be renovated with phones generate to from the launch. but here on the street, people a lot to me on the way of the country, new to the i don't know about me going 2nd. this is the 1st time i'm learning about . it's usually i don't know what to think about it, but it informed me 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. i don't even know what it is. and what is the main point for mol, on the c, a r name coined at all things script. so we've advisor tony roland onto the program . he is asking che, 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 coined but how auto can or mean coins like this. here are coined different or right,
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so when you're looking at bit going to essentially it was, it is at the top a to a 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 after which my bank, which and my bank then uses the 5th network or some other 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
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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 the body. now what that, what that development met was. the whole idea of means and means are essentially units of culture, right? 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 the end evolved into what we now see today. wherever 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
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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 fun and 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, uh, 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 is what? all right, so it's important 1st of all, to take a step back and understand um,
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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 attempt at 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 great. 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 that may not be the biggest proponent of this particular
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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 to curtis 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? right, so let's see, are you going to launch with a little pump? i think it's as high as it got to a market capitalization of about 600000000. it currently stands at a marked up some additional, but $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,
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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 hu uh highest holders um 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 an indemnity. 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 wouldn't be holding this 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 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,
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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, i know they need to be in terms of the specific individuals and identities simply because i'll be changing on the block chain does provide the bits 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 remains unclear. tony donald and maloney of trump issued 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 heights the value of the dollar from him going was close to $75.00 us dollars,
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which is unheard of for this particular asset class. and then soon afterwards, we have the midline, which i'm going to lunch, and you're talking about uh, together of both of them, having my 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 caps 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 where 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 up there about the us dollars. and so the impact of that is that it can go to see a lot more people continue to foot, especially as a looking for ways to financial eyes and still try to take the profits from that to
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me. from those particular mean points. i mean these billions that you mentioning these are staggering sam's for people suppose, and he's just having fun. i'm so i guess my question is this. so can anyone issue a main point? i guess that's the beauty of the block to i'm the industry. anybody could this wouldn't be important, but um, i think i important point to remember here is that the mean has to proceeds 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 an a, of a attention 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 done lot of the dollars, i'm quite in the middle on your point. and these are the,
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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 please 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 within 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
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that they could serve as a vehicle for, for bribery, for corruption, particularly in the case of politicians. do you share that consent as i go back to the fact that one of these are public book dates, right. and if you're looking at the data in 2023, about 3 trillion was, was actually that in money in money laundering and up to currency industry to present that $20.00 to about $32000000.00 worth of that, which represents like 1 point, one percent. no, 220000000 a back, 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 phone or an official, or a government official on
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a public block chain where everybody could see the transaction flows and see how things are moving as a bit far fetched. nevertheless, 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 medium calling the medium quite increase that presents the absolutely lowest drawing of what this technology means for emerging market from uh, governments. just coming back to the ca, our main point. it just it, it looks like an example of bad practice. but could you perhaps share an example with crypto currency? can be a forceful good, particularly in africa. are right, so i work with the virtual assets team of 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 as an important point to
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remember is that the 540000000000 was created in african lifetime 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 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 about actually operating inside of different jurisdictions, we're seeing a lot of them to encrypt dependency to use for the repack traditional funds um grocery store link, which has a very aggressive direct consumer um strategy. they are using stripped a courtesy to be able to investigate funds back to the us compared to the system and that becomes a far more capital efficient means to be able to actually the budget funds be on
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that bill. seeing a lot of different uh far in about 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 a willing to admit that the rest of them was uh, 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 transferred to them. they then issue a payment for the inside of a given jurisdiction. and the use a gift card and see now it 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
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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, nice organ bond and then in this case, imagine if we take the building of a light real system in a little b, 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 to have that and then have like the daily 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 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,
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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, because again, i'll say this right. um, if you're looking at the block chain industry, there's 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 where you say, oh, well, this isn't very innovative piece of technology. that is actually applied except box i'm talking to you 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 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
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value on change, you would also be wrecked. 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 that you would like to see in africa and beyond. well, thanks tony, 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 code that is tony orlando, thanks so much for that. we appreciate it so many assign to sign. appreciate it. thank you. the
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media 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 policy imposed by it's all there for can rule is his 5th was announced last weekend. he was 95, a freedom, 5 to 10 founding father and precedence. some neo will be with men, but as the face of them may be, as battle for independence is place in history, highlighted by the co and the may be in precedence. seeing here, offering his condolences to new york, most family non gold, embalmed by such and the statements his death had shaken the foundations of the republic. it is the full with most subtle and sub this by make the announcement this morning on the 9th of february 2025 to then i may be on people our african brothers and sisters.
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and to the world at large about the busing of our, the viet freedom fighter and that bush and other data is excellent. they've done some stuff is shown on the, on my led by the south, west african peoples organizational swap. i the group, the, i'm a co founded in the 19 sixty's. the baby is independence, was decades and they're making the fight against the pot sites imposed by its neighbors. white's majority, south africa, there was no study but is i just didn't get it done by then. i read the and insides and i did the on the dutch both swapper swollen and 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 st. bob boys, robert and the gobby bar,
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causing some criticism from the west for his controversial views. once describing a does a man made by logical weapons and homosexuality as 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 that something that really, really drives us as namibian. so somebody 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 or a game where they were truly, that was sort of illusion every full african statue of near, but now stands outside the movie. it's independence memorial museum in the cap. so when took a last thing testament to the cow is massively to,
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to stay at his country towards democracy at the process of national healing. 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 independent number. it is the 1st president stand by the,
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the, the 7 am the sofa is getting on the plane. i'll be on board as well. now review at berlin briefing, funding is right in the middle of the global tensions about time, between east and west autocrats and democrats. germany's whole system is on the fast politics of getting down during the fall, trying to do gaining grounds and the world around germany. just getting more
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dangerous. we break it all down with experts and political plans and we did what it means to you from violin to right where you are. it's only non you pod cost fun in briefing on youtube and wherever you get your cost. what's it like to come out when your married break up kendal? emma identity. how does on mental health impact? i love lives. how do we approach money within our relationship? so it is one of the few sources and can listen to content about sexuality and sexual matters. i'm liza model that and i'm going to be exploring all listen more in a few things in my mouth, just available on all platforms, conflict, crises around, everything is connection mapped out shows that you can disagree. odyssey the on the
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board is what makes things the way they are of all the solutions mapped out, navigating a changing world. now on youtube, can i ask something, why are we putting down the virus? let's throw it into the grass. so it gets lost. i feel like covered 19 long term effects have just taken me off from what i hope we'll see each other again one day. the task to explain that in hospitalized the comfort 19 patients are being killed
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in the industry 0 in the 5 years. often we remember window, well, it still stops march 8th on dw, the. this is dw news lie from berlin, ukraine's president calls for a european army to confront russia's threat at the munich security conference. a lot of years lensky urges here up to shape its own future as washington signals. it is cutting back its commitment to european defense. also coming up the latest hostages, released by him last, begin their joyful re unions with families. again deco shan and 2 others are back in israel. hundreds of palestinian prisoners are also freed in exchange.

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