Topic: Middle East (UAE, Saudi, etc) - بتكوين في الدول العربية - page 5. (Read 29791 times)

Wow certainly no shortage of talent in this thread and I wish you guys well. But I have to ask whether there are enough buyers and sellers in the ME to justify the cost of making and maintaining a trading engine for a full fledged exchange? Wouldn't it make more sense to start small and gauge interest with an OTC site?

I am currently based in Lebanon and I'm interested in such a project.

I have previously held managerial positions in 2 of the region's most successful start-ups and have a good idea of how to tackle issues and plan strategically. Let me know if you're still interested and if there's anything we can do together.
 

I am a big time joe bitcoiner and I have spent years learning every aspect of Bitcoin and related subjects, economics, politics and technical aspects. I am the one behind the previous bitcoinarabia.com but it was literally closed because lack of interest.

I am born and raised in Mecca, A full Arabian descend with perfect grasp of the language. To whomever interested in spreading Bitcoin and got what it takes of knowledge and dedication, contact me

- Lophie

Hey,

I live in Dubai and have been mining BTC with KNC Jupiters since mid October . All my family members are Bitcoin friendly but haven't adopted or done any transaction yet. I even tried to bribe them with Satoshi handouts.

My Emarati friends are becoming curious but always citing regulatory issues if they were to commit huge investments. Western friends in Dubai and Abu Dhabi are familiar with the concept but a bit skeptic and mostly indifferent. Interestingly, Indian and Bangladshi friends (Asians in general) are very involved due to the high fees of outward remittance they incur under the traditional banking system, and they seem to bring hope of at least running a market of peers.

I am pretty pessimistic about UAE or Dubai adopting Bitcoin officially. Germany's recognition of BTC was a strong push forward. Let's see how the US Senate fare with their deliberations. Perhaps the Arabs will follow suit.

It takes leadership, engagement and education let alone top level decision making regardless how popular it gets. But most importantly, there is a psychological aspect of Bitcoin that is self defeating. People tend to disfavour decimal point figures, like 0.003 because we all have 10 fingers and maybe because we inherently tend to amass stuff in ones, twos, thousands, millions...etc

Also, the region needs a bitcoin pool. I have had rough time with latency mining with French or US pools.

تحياتي للجميع

Hi all, I'm looking for people that will help me establish a Bitcoin education and exchange system for the Arab world.
I feel as if we are responsible for establishing a working system. I have a Saudi Arabian passport, but I grew up in the U.S.

We have to deal with three broad issues:

1- Education
2- Safe Mode of Entry (Bitcoin Exchange)
3- Legality and Legitimacy

Working together, we can educate the Arab world about Bitcoin and other crypto-currencies technology and uses (1) Then provide a way for Arab/GCC/Middle Eastern countries to participate in the bitcoin economy (2), and we must do it through legal means so we don't create a negative image that will harm it's early adoption.

For education, I am looking for a collective group of people that can collaborate with me. For example, we can start with the video introducing Bitcoin that is used for weusecoins.org or bitcoin.org
(or a newer version) translated into Arabic. Then creating an Arabic FAQs, and see where we go from here...

For the exchange, we can begin with local exchanges and person-to-person transfers, but we must provide an alternative mode of entry into the Bitcoin ecosystem through an exchange, I am personally working on an exchange for Saudi Arabia, but I realized others were doing the same in Egypt, Kuwait, and the UAE. I propose a collective work for one large exchange to serve the GCC countries and perhaps another for North African countries, but that will depend on the legal limits of each country and the licensing involved with each. It will also involve a team of highly technical people, fortunatly for us there's an open-source bitcoin exchange platform in development we can use (Edit: Buttercoin was purchased and rebranded ), but the fate of adoption will be in our hands, we must make sure it is secure and easy to use, something that is proving to be already difficult for most people in the US (seeing how non-technical newbies are reacting to it). I don't want an armature job, or scammers, to ruin the reputation of bitcoin.

This will be no easy task, but we must take action because where there is money, there are scams, and people might use Bitcon's philosophy and technology to scam people in our Arab countries, and when they do, the reputation will be harmed along the way and our Arab world will lag behind if there is ever a global world adoption.

السلام عليكم
العنوان والنقاش هو عن تعليم ونشر فكرة العملة الالكترونية بتكوين فالدول العربية بالتعاون مع ناس فاهمين الفكرة بعميق زييي
أنا واحد مولود فالسعودية بس عايش في أمريكا،  إذا إنت ما تقرا إنجليزي رد علي بالعربي وإن شاء الله أقدر اشرحلك


Thanks,
- AMOAI