Argentina's Banco Masventas has revealed that starting Monday it will enable customers to send cross-border payments using bitcoin. A partnership with Latin America-focused exchange startup Bitex, founded in 2014, the news finds the regional bank using bitcoin as a payments rail in international transactions as an alternative to Swift. Bitex chief marking officer Manuel Beaudroit told CoinDesk that the startup believes this marks the first time that a domestic bank has adopted bitcoin for cross-border payments.In statements, Jose Dakak, principal shareholder of Masventas, credited the move to a broader drive by the bank to enhance its digital, smartphone-based services, as well as to lower the bank's cost of service."One of the actions was to contract Bitex as a strategic partner in the implementation of the Bitex platform for payments and collections operations for our clients abroad," he said.
While no real-world transactions have been launched yet (the service began today), the bank will soon use bitcoin for real customer transactions, Beaudroit said. He told CoinDesk: "The customers will ask the bank to do an international payment, and the bank uses Bitex as a provider. For the customer, it's transparent, they don't touch, they don't see the bitcoin. We are a provider for them, and they are not touching bitcoin." #boston#texas#neworleans#rich#losangeles#cyprus#india#denmark#finland#orlando#newyork#denver#beach#florida#malaysia#canada#florida#hawaii#europe#italy#lasvegas#nebraska#philippines#southafrica#dubai#drake#maldives#saudiarabia#nashville#argentina
When they arrived here, they said we were uncivilised and backwards. We listened to them hence we started abandoning our cultures, traditions, belief systems, principles, knowledge and technologies in exchange for theirs.
At that very moment we became their inferiors as they went on to rule the entire world as we once did using the very characters which we gave away. For example, go to Europe and the Americas and tell me how many modern pyramids and obelisks are there.
If you thought they were there just for decorating then you have no idea what is happening. Up this day we cannot get back to what we were once because through religion (Islam and Christianity) the very same people told us that anything Afrikan is evil therefore we should stay away from it.
Guess what? We still believe them even today. We've got nobody to blame for this but ourselves and nobody will fix it for us but ourselves. I can only tell you what went wrong and how it can be corrected but I cannot make you take the required steps towards the awakening of the Afrikan race.
_ SB, Thabethe. (Pictures: Left, an early traditional Zulu women headdress. Right, the famous Egyptian queen mother Nefertiti)
#africa#african#africans#blackpeople#blacks#southafrica 🇿🇦 #southafrica