Quote from: Skoutz on March 08, 2014, 01:07:05 PM

Quote from: Herp on March 08, 2014, 12:41:14 PM

Quote from: Skoutz on March 08, 2014, 12:37:15 PM

Quote from: Stelios on March 08, 2014, 11:12:04 AM

Quote from: PetePete on March 08, 2014, 10:23:27 AM

I personally think the company has a future, I'm a British Cypriot and spent many childhood holidays in Cyprus and even lived in Cyprus for 2 years. Cypriots for one aren't stupid, we're looking at a population with the highest higher education rate in the whole of Europe.

The private university of Nicosia that also has several colleges and other universities (one of which I attended) across the island have a large amount of students from African countries because Cyprus is the closets place Africans can go to for a European education (also note that thier universities and colleges are associated with British universities and offering British qualifications). And it was these very students that were pestering the university to accept Bitcoin. The university has already accepted its first payment for a course and Neo-Bee processed this payment. Were talking about courses that cost thousands of pounds and the 1 or 2% commission fee taking for these courses are going to be a large part of the turn over of Neo-Bee for years to come. As we know Bitcoin is a more stable currency than many African fiat currency and Bitcoin is corruption free as well as a store of value so the proliferation of Bitcoin in Africa is only limited by the governments crackdown on it.

Edit: The Cypriot government has been lobbied by the University of Nicosia and I see no legal problems with Bitcoin in Cyprus

Even though I left Cyprus more than 10 years ago, I can validate Petes view.

I live in Cyprus and can confirm what it has been said.

The fact that the University of Nicosia is in full support makes the whole society much more comfortable and positive, in spite of all those negative news that are spiralling from around the world.

University of Cyprus CFO said on Keiser Report they are working on opening the first Bitcoin stock exchange in the world (like the NY stock exchange or NASDAQ) to turn Cyprus into a world Bitcoin financial hub. Any connection to that?

I know they are working on it. I attended a conference at the university organised by the ruling political party. The university and the Cyprus stock exchange were very positive about this. Neo officials said thT they will give any assistance needed.

I do not know further details.

Hmm. Interesting. Neo's assistance might prove pretty lucrative for Neo. They will probably choose Neo as a foundation on which to build the infrastructure.