عربي

Bitcoin in the Middle East, explained

Wamda •

Arabic

Bitcoin in the Middle East, explained

In a recent talk at the New Think Theatre in Amman, Fouad Jeryes, the cofounder of new payment service CashBasha, the Amman Tech Tuesdays event series, explained Bitcoin for a lay audience. His talk, which is in Arabic, breaks down ways that Bitcoin could be used locally.

Cheesy in parts, idealistic in others, the video describes a future that might not be that far off; despite the Jordanian government's recent warning that Bitcoin is not legal tender in Jordan, forward-thinking companies like Turtle Green café in downtown Amman are already accepting the digital cryptocurrency. Despite the recent plummet in Bitcoin's price following the closure of Mt. Gox, debate about the future of digital currency is accelerating in the Middle East, with the founding of meetups like Jordan Bitcoin Group, of which Jeryes is also a member.

Watch the video to see a fun take on the future of Bitcoin in the Middle East.

Thank you

Please check your email to confirm your subscription.

Whoops, looks like something went wrong.

(1/1) ErrorException

file_put_contents(): Only 0 of 220 bytes written, possibly out of free disk space
in Filesystem.php (line 122)
at HandleExceptions->handleError(2, 'file_put_contents(): Only 0 of 220 bytes written, possibly out of free disk space', '/var/www/wamda-frontend/vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php', 122, array('path' => '/var/www/wamda-frontend/storage/framework/sessions/IbR35ex1EyGzhUbL4bEmV2YxrA1XA7kkgeRnncEM', 'contents' => 'a:3:{s:6:"_token";s:40:"M419OOIoPuFXshUqZARGEKnj458DxKYrJJFlIjb7";s:9:"_previous";a:1:{s:3:"url";s:62:"http://staging.wamda.com/2014/03/bitcoin-middle-east-explained";}s:6:"_flash";a:2:{s:3:"old";a:0:{}s:3:"new";a:0:{}}}', 'lock' => true))
at file_put_contents('/var/www/wamda-frontend/storage/framework/sessions/IbR35ex1EyGzhUbL4bEmV2YxrA1XA7kkgeRnncEM', 'a:3:{s:6:"_token";s:40:"M419OOIoPuFXshUqZARGEKnj458DxKYrJJFlIjb7";s:9:"_previous";a:1:{s:3:"url";s:62:"http://staging.wamda.com/2014/03/bitcoin-middle-east-explained";}s:6:"_flash";a:2:{s:3:"old";a:0:{}s:3:"new";a:0:{}}}', 2)in Filesystem.php (line 122)
at Filesystem->put('/var/www/wamda-frontend/storage/framework/sessions/IbR35ex1EyGzhUbL4bEmV2YxrA1XA7kkgeRnncEM', 'a:3:{s:6:"_token";s:40:"M419OOIoPuFXshUqZARGEKnj458DxKYrJJFlIjb7";s:9:"_previous";a:1:{s:3:"url";s:62:"http://staging.wamda.com/2014/03/bitcoin-middle-east-explained";}s:6:"_flash";a:2:{s:3:"old";a:0:{}s:3:"new";a:0:{}}}', true)in FileSessionHandler.php (line 83)
at FileSessionHandler->write('IbR35ex1EyGzhUbL4bEmV2YxrA1XA7kkgeRnncEM', 'a:3:{s:6:"_token";s:40:"M419OOIoPuFXshUqZARGEKnj458DxKYrJJFlIjb7";s:9:"_previous";a:1:{s:3:"url";s:62:"http://staging.wamda.com/2014/03/bitcoin-middle-east-explained";}s:6:"_flash";a:2:{s:3:"old";a:0:{}s:3:"new";a:0:{}}}')in Store.php (line 128)
at Store->save()in StartSession.php (line 88)
at StartSession->terminate(object(Request), object(Response))in Kernel.php (line 218)
at Kernel->terminateMiddleware(object(Request), object(Response))in Kernel.php (line 189)
at Kernel->terminate(object(Request), object(Response))in index.php (line 58)