Tuesday, March 03, 2015

Entertaining Article in Wall Street Journal Suddenly Changes The Fortunes Of A Controversial Currency

With so much uncertainty in the world today, more so with world currencies would you place your bet on a currency that is bouncing up and down all over the place? Maybe not. Unless of course it is Bitcoin. The digital currency that nobody in their right mind can afford to ignore any more. Proponents of Bitcoin argue a little differently but rather convincingly. They say that the question here is; would you put your money on a horse that was constantly improving without fail, even if it was still losing races?

Well a fascinatingly entertaining story in the authoritative Wall Street Journal seems to have had a dramatic and immediate effect on the fortunes of this controversial currency that is different in that it is free from the politics of printing money. The kind of story everybody should read even if you are no economist or expert on money and currencies.

Current Bitcoin Exchange Rate

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Phew, Kibaki Was Not On Shortlist Of Mo Ibhrahim Award

The Mo Ibrahim Foundation prize committee has moved quickly to dispel press reports that former President Mwai Kibaki was a front runner for the annual Mo Ibrahim Leadership award.

The panel blamed the media for misleading the public and went on to say while Kibaki was eligible for the prize, since he left office within the last three years, he had not met the requirements for winning the prize, which is based on an index that determines a leader’s performance in delivering good governance to the people.

This year the prize went to Namibia’s outgoing President Hifikepunye Pomamba, due to his focus in forging national cohesion and reconciliation and his ability to command the confidence and the trust of his people.

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