Bitcoin is going right, Libra is going left. Meer is in between

Libra-Binance Research.pdf (341.3 KB)

  • In the medium-long term, this initiative is expected to have a significant impact on
    both local and global markets, with significant implications on the cryptoasset,
    financial, and economic landscape.
    - In the medium term:
  • Facebook has a chance to further its place as a provider of open-source
    tools for digital apps, sites, and e-commerce.
  • Libra may spark additional cryptocurrency trading volume due to increased
    accessibility from both institutional players and everyday retail users.
  • In the long term:
    - Reshaping of the payment industry: A new set of gatekeepers may emerge
    in the digital world which would threaten the existing positioning of banks as
    “payment facilitators”.
  • New offerings of financial services: New service providers may emerge,
    building innovative decentralized applications on the Libra network which
    would ultimately provide new financial services for end-users across the
  • Advancing greater freedom of money and lowering capital restrictions
    worldwide: Central banks may have a harder time preventing “capital
    flight” and maintaining monetary policies with strong capital restrictions.
  • “Un-dollarization of the world”: Should Libra see massive global adoption,
    a new unit of account for trade could emerge and hence, reduce the
    reliance on a single currency for quoting global exchange goods and services.
  • The Libra project has a chance at becoming the first “everyday” implementation of
    the ideology and theory behind the Special Drawing Rights (SDR) and other IMF /
    World Bank initiatives, manifested as a cryptocurrency targeting mass adoption by
    both institutions and individuals.
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Libra is a direct global challenge to legacy system.
Bitcoin is going right, Libra is going left. Meer is in between.

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Qitmeer is very smart

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Excellent slogan meer is middle point

We should consider to tokenize Naira on Qitmeer blockchain, and introduce E-Naira to our Khaf wallet. If we could convince the regulation body, and has a commercial bank partner. This would act as the secure, salable. and open financial payment network to Nigeria.
A simple and excellent solution.

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This is a great and very straightforward idea and let make it work


Qitmeer is the Fututre!

Tokenisation of Naira is a great idea and mostly welcome in Nigeria community. Nigerians need semi financial independent to guarantee our financial inclusion which can come in form of E-naira Khaf wallet with highly secure payment system. Central Bank of Nigeria has called for proposal on new payment system in Nigeria which will base on Blockchain…

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