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Shad

Bitcoin

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I got hacked and had files encrypted the ransom was $500.00 in bit coins.So my IT guy try to buy some bit coins over the internet. It was pretty confusing because the one place we tried was only for Austraiia. Anyway it was a 7 day time period and we caught it with an hour to go. Never was able to purchase the bitcoins and lost the files. Your computer screen is totally filled with letters, numbers and symbols. My IT guy said at least they try to be honest crooks.

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I don't know anything about this technology! A friend of mine was an active "miner" a few years back. I found it interesting from just my limited philosophical view. But my understanding was so limited that it was a mystery to me.

 

The one currency/banking system that I have been able to follow is the M-Pesa. A creation in east Africa that so far seems stable, democratic, cheap to use, and has apparently solved so many problems and hurdles that hamper and penalize most third world societies. A cell phone and one can become a commercial player in the most remote part of Kenya!

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