Ramah Nyang on Muck Rack

Ramah Nyang

Verified
Nairobi, Kenya
Business Anchor and Reporter, CCTV Africa — CGTN
Covers:  east african public finances, east african equity markets, african business news, east african bond markets, east african currencies, east african business news, african startups, corporate events

Journalist. You can find my work on Bloomberg & CGTN [China's Global Television Network]. Bloomberg-ALI Media Fellow, 2015. Opinions here, are mine alone.

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Biography

Business Journalist.

Based in Kenya's capital, Nairobi. Occasionally runs around the continent.

You can find my work on Bloomberg and China Global Television Network's African Bureau [CGTN, formerly CCTV Africa].

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@Ramah_Nyang — 162,424 followers, 90,172 tweets

Nov 21, 2017

For all the noise we make about crypto-currencies not being "regulated", we very easily forget that fiat currencies are based on faith & competent regulators. When that goes wrong, the results are horrible. Vide, Zimbabwean Dollar. Hyperinflation in Weimar Germany.

Nov 21, 2017

@auch_enos Given that BitCoin is relatively easy to access, and quite a few firms do use it [not to mention its vast use in the Silk Road and its heirs] it meets both requirements. Convertibility into USD has only gotten better with time.

Nov 21, 2017

@auch_enos BitCoin is accepted as valid tender by quite a few firms. Lamborghini's one. As for regulation, by design, the whole point of BitCoin is to get away from a centralized issuing authority. Volatility's par for the course in these matters.

Nov 21, 2017

RT @AFP: #UPDATE Most Zimbabwean ministers stayed away from a cabinet meeting called by embattled President Mugabe: state me…

Nov 21, 2017

RT @AFP: #BREAKING Most ministers boycott cabinet meeting called by Zimbabwe President Mugabe: state media

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