Real change starts at the margins and from outsiders, while incumbents cling to relics and rituals long after they have stopped making sense.
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Tomer Kantor just posted another really good article about Bitcoin’s Competitiveness In Kenya. Tomer worked on a great Documentary on Bitcoin in Kenya, where he interviewed me and other people in the Bitcoin scene in Kenya. As part of his article he posted previously unreleased interviews with me and Elizabeth …
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Kipochi the startup I helped found 3 years ago is in the [news again](http://www.businessdailyafrica.com/Corporate-News/Safaricom-cuts-M-Pesa-link-for-bitcoin-dealer-Kipochi-/-/539550/3014318/-/cu0ho8/-/index.html). While the whole story ended up pretty painful for me I did learn a lot from the experience. It's been a …
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Last week I gave my talk on Agile Banking at Reboot 11. This week I have taken my talk and turned it into a series of blog articles that I will post here once a day. Simplify We should create simple limited banks or funds. These should only be allowed to do one thing. A fund has accounts signifying value. Value could …
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Last week I gave my talk on Agile Banking at Reboot 11 This week I have taken my talk and turned it into a series of blog articles that I will post here once a day. In the beginning was the bench. The word Bank comes from the Italian word for bench “Banca”. Rather than a modern bench these were more like the above …
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I gave my talk earlier today at Reboot 11 about refactoring the banking system. The slides are on SlideShare: Agile Banking Anyway I’m interested in any comments. Read my 5 part blog series based on this presenation here
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As many of you know I have long been interested in and working with payment systems. I have never been too much of a fan of most micropayment systems, so when Contenture (the links to them are affiliate links) launched yesterday I was pretty sceptical. Reading their documentation changed my mind a bit and I have now …
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Just came across this great article by Daniel Tenner on How to get a Merchant Account. Considering how many businesses there are out there, one would think this process might be smooth and painless by now. Just apply for a merchant account, sign on the dotted line, and receive your merchant id in the mail a couple of …
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Prosper were just sent a cease and decist by the SEC for offering investments without registration. Prosper is/was one of a small handful of P2P lending markets offering an innovative approach to lending, allowing normal people to lend money to each other. Not that I am a lawyer, but from reading the ruling, it appears …
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Please, please, please get with the program. Checks are ancient pre industrial age relics that still hang around in a few places in the world. Unfortunately the worlds most dynamic economy the US is still addicted to checks. This makes this article extremely US centric, but it also affects non US readers who do …
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Living in SOMA San Francisco like I do, you often feel (rightly or wrongly) that you are part of this massive revolution. Earlier it was labelled the “dot com/bomb” revolution, now it’s more likely to be the “social network” or “Web 2.0” revolution. It can be argued that some of this is nothing more than just another …
