Ambazonia and AmbaCoin

[Tukuler al~Takruri]

Jan 21, 2019 3:54:16 GMT -5 anansi said:

On a side note, I'm irritated by the CFA, and just recently Ghana wanted to peg their currency to it, my question is ,is it just the optics that are bad, or is my irritation justified.

Tukuler said:

Oh yeah the currency thing.
English speaking secessionist state in Cameroon.
Their national currency is crypto.
What a dynamic thought and step!
African secretaries of treasury take note.

[Tukuler al~Takruri]

Jan 23, 2019 6:01:50 GMT -5 anansi said:

O BTW fresh off the press talking about CFA

The African Currency at the Center of a European Dispute.

[ Luigi Di Maio, an Italian deputy prime minister, took aim at President Emmanuel Macron of France this week, laying the blame for migration, a deeply divisive issue in Italy, on Mr. Macron.]

[ Citing a French-backed currency known as the C.F.A. franc that is used by 14 nations in western and central Africa, Mr. Di Maio accused France of using the currency to exploit former colonies.]

[ Mr. Di Maio, a member of the populist Five Star movement, which is skeptical of the European Union and Mr. Macron’s more internationalist views, set off the diplomatic spat with France when he said that Mr. Macron “first lectures us, then continues to finance public debt with the money with which he exploits Africa,” according to ANSA, the Italian press agency.]
www.nytimes.com/2019/01/22/world/africa/africa-cfa-franc-currency.amp.html#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s

Anansi's notes:

Now buyer beware, this Five Star Movement is basically anti- Immigration, so maybe they can be likened to the Alt-Right?? Tho I'm not sure if that's a fair comparison.
But even so their critique confirmed my bias as it is.

Crypto Currencies, while I liked the idea of it, and have made small investment in it, it remains too volatile for me to go too deep in it right now, not certain if some clever internet bank robber or even Govt or traditional banking institutions won't sabotage it..remember there is no institutional guarantee of safety.

[Tukuler al~Takruri]

I think the only guaranteed thing in this world is death.


On the subway the other day I saw an ad from a 'securities' firm saying crypto was safe.
Will post name, but that's about individuals.

Currency, tokens a country uses for its finances, is backed by some commodity.

Cameroon is francophone.
It has anglophone citizens.
They don't get along.
Anglophones seceeded declaring a separate state.
Ambazonia is that nation's name.
To be somewhat selfdetermining in economy
they avoided volunteer colonialism by going crypto.



Their crypto, Ambacoin, is backed by mineral resources of Ambazonia.
CFA out the picture.

“The idea of AmbaCoin was to get away from the CFA – we don’t see the CFA franc as a legitimate currency for Ambazonia,”

www.ccn.com/cryptocurrency-is-freedom-exclusive-interview-with-ambazonian-secessionists/

Please goto and digest
ambacoin.io/ invest in Africa's newest country

As a digital bond that will be bought back by the newly formed Ambazonian nation, a country rich in natural resources, Ambacoin is a first-of-its-kind investment enabled by the power of blockchain technology.

The broad support of ERC20 tokens within the Ethereum ecosystem means that as of today, users can already manage their Ambacoin holdings with normal Ethereum wallets such as MyEtherWallet/MyCrypto, Ledger/Trezor – and trade them on decentralized exchanges such as IDEX/Radar Relay.

Funds from the sale of Ambacoin will go to support broken families who have lost loved ones to the terrorist regime of La Republique du Cameroun and Cameroon’s transformation from from a colonized nation to a 21st century economy

Ghana's knows a deliverance when seen
blockonomi.com/sec-ghana-cryptocurrency-legal-tender/
Read the Jan 22nd entry

[anansi]

Al-takuri said:[ Their crypto, Ambacoin, is backed by mineral resources of Ambazonia.
CFA out the picture.]
See know that's what I need to know, that it's actually backed by something, bitcoin?? hard as I tried ,I couldn't understand how it got it's value,and turned off by it's wild fluctuations??
The Tulip currency of 17th century Dutch was at least based off a product you could actually hold.

[Tukuler al~Takruri]

Jan 24, 2019 5:38:40 GMT -5 anansi said:

Al-takuri said:[ Their crypto, Ambacoin, is backed by mineral resources of Ambazonia.
CFA out the picture.]
See know that's what I need to know, that it's actually backed by something, bitcoin?? hard as I tried ,I couldn't understand how it got it's value,and turned off by it's wild fluctuations??
The Tulip currency of 17th century Dutch was at least based off a product you could actually hold.

Something attains value when a group of people think and act like it is valuable, right?

Bitcoin?
I too too old to understand it too much.
Aint buying and rigging up no computers worth the effort to 'mine' an intangible 'commodity'.


Follow my link and read the Ambacoin white paper.
Anyway this is about a country's currency
being freed up from neo/coca colonization.
It's not about individuals and personal investment concerns.

Anglophone?
Wanna help free Africa from colonization?
Read the paper.
Think on it.
Buy Amba coin/bond Ethereum walleted crypto.
Or don't.
It'll still be Ambazonia's not a CFA controlled African national currency.
1 Amba = $0.25 American (now).