Topic: Support bitcoin adoption in Mongolia - page 2. (Read 5176 times)

If the current currency solutions available to the typical Mongolian are cumbersome, expensive, or un-safe, then it is perfectly sensible to expect that 'hundreds or thousands of jobs' could be created by the availability of a better solution, and in a population of 3 million it is probably a low-ball estimate.

After studying thing for a time, my belief is that most monetary solutions available to most typical citizens of most nations are designed and implemented by people who are using their creation to their own advantage.  That does not preclude the solution being useful to the average citizen and it makes practical sense to engineer this to a degree, but the focus is going to be to confer advantage to those who own the system and those who 'work for the owners of the system.'

Of course we are currently in a situation where there is kind of a world-wide 'reserve currency' system in use.  Namely, the U.S. dollar (also sometimes referred to, with some good reasons, as the 'petrodollar'.)  This is what I've studied the most, and I believe that my assertions about the motivation and design of this solution are as stated above are at least significantly valid.  Many countries, and particularly those which are targeted for the exploitation of their natural resources, have subservient solutions which are inevitably designed to benefit the more 'global' solution.  An observable artifact tends to be interest in a nation on the part of such entities as the IMF, World Bank, etc.

I would caution that 'the petrodollar' is by no means the worst possible solution and people should think hard before abandoning it for the next thing which comes along.  I suspect that the petrodollar is on it's last legs and the proverbial 'powers that be' are both fairly well aware of this and have been working on replacement plans for a while.  It is a near certainty that the replacement plans will favor the designers and tie up some of the loose ends which they find bothersome, cumbersome, and inefficient for their purposes in our current solution(s).  This will probably be the defining feature of 'globalism', or at least a very big aspect of it.

WOW
There in Mongolia are 3 Million of People, how they will become job related to cryptocurrency?

BENEFITS AND IMPACTS:

1. Will stop bank monopoly which has too much control.
2. Will remove barriers of accepting money from other countries.
3. Hundreds or Thousands of jobs will be created because of cryptocurrency.
4. Countless others.

Those benefits of this campaign projects was really cool and awesome actually.
if this be happen many of the people will gain from it for sure. Hope success to your
project plan.

I really wish that bitcoins is accepted mostly everywhere so that it can end the monopoly of paypal, Paypal is not used in lots of countries and that makes online purchases very difficult, at least with bitcoins you will not be paying a lot of unnecessary charges.

If the guy 'gave' the BTC to you then the risk factor is pretty much equal to him whether you are pulling a scam or not.  No difference to the donator other than some possible future regret.

I suspect that there are a few people on this thread who would appreciate periodic updates and might have valuable input.  Or non-valuable input as the case may be.  Or input with valuable measured terms of entertainment and education.  This thread is probably the most convenient method by which to communicate such things.

Update: 15 June 2017

First donation came from a Bitcointalk member.
I'm so happy that people understands me and extent of projects.
I know that risky nature of giving donation to unknown guy on internet.
I think he is an ordinary guy with tech background like me. So we understood each other easily.
His contribution is vital supply to move projects forward and enabled me to dedicate full time.
I didn't receive his donation via project's address because of some privacy.
He will be remembered forever and I will honour everybody who is willing to do good cause.

For the people by the people.!

You need to protect your life savings from failing currency.
Togrog is dying. Dollar is king here. I can say it's direct result of bankster job again.  
Crypto can be saviour to our currency and beat USD domination.

Buying Bitcoin in Mongolia is hard thing. One of my goal is to make it easier.

ebanking system exists,  epayment system to boost internet trade and online business doesn't exist.
Guys fails to launch Mongolian Amazon and Ebay copy because of nonexistence of epayment

Do you have too many togrogs and don't know what to do with them?

Interesting project! How can I buy bitcoin with togrog?

Put here how You can buy or sell BTC with a reference to exchange rate and fees.

epayments seems is working in Mongolia

Unfortunately our banksters are not dumb and they blocked most foreign cards. including skrill.
Even you cant deposit into skrill via our bank's system. I had other foreign cards, they were blocked too,
Only 1 bank accepted it, but I have to exchange my dollar with 10-15% lower price when i use bankster's ATM.  

Cash Machines Mastercard.

Skrill to Skrill is a fast thing.

This is a very good move, I must say. Nevertheless, you can't just come and ask for donation and expect people to just start donating. Any Tom, Dick and Harry can use this as a scheme to just get some donation free of charge into their wallets without doing any project. i am not saying you are a scam but you must understand that the world we are in, the bad ones have totally spoilt those with good intentions. I will suggest you try something in your own little way, drop some proofs of what you are already doing and hopefully that should help in a way to get some donations. Sincerely put yourself in the donator's shoe right now, will you or will you not?

I won't support any scams and we don't have any open national id system.
it will be counter-effective and government will react badly.

First of all, we need good legal ground.

Skrill is foreign service and Is it really good idea that whole nation relies on little foreign company?
If you want to recieve money by Skrill, you have to withdraw it to Mongolia which uses SWIFT, and it takes days.
Not really ideal way for 21th century. Other foreign epayment works like this plus damn high fees.

There were some coins built on some blockchain to mimic usd and cny. A person could use smart contracts to tie any stable fiat to a coin. Somebody could also make a 'national cryptocurrency' even though those usually turn out bad. But if they were issued to each person based on a national id it might work out.

I think, that epayments is 100% working in Mongolia.
Seems Skrill is working too.

The exchange rates and fees of exchangers are eating a big part of transfered funds, if they are in electronic money, other of that there is volatility issue.

2 things comes first.

1. We want to swap money globally cheaper ways. Receiving money in Mongolia from your oversea friends are very costly.
Paypal blocked us, only swift and western union, moneygram. it's nightmare and 20th century thing

2. We don't have payment system like paypal, dwolla or Square to exchange tugrics electronically.
Why we didn't make it? damn banksters.

Only local payments are not enough if they're made, We need a system connected to whole world like Bitcoin.