Afrikaner town launches its own digital currency
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- Опубліковано 19 лип 2018
- (15 Jul 2018) LEAD IN
A rural enclave in South Africa, set up after the end of apartheid, is launching its own digital currency.
The Afrikaner town Orania already uses its own money and it's now teaming up with an economist to roll out an electronic version.
STORY-LINE
Although Monja Strydom lives in South Africa, she doesn't use the national currency, the rand, when shopping.
Strydom has lived almost her whole life in Orania, a semi-independent Afrikaner community in the northern Cape province.
The method of payment here is the Ora and an electronic version is now being introduced.
Carel Boshoff is the President of the Orania Movement.
"In the first place it is about self-reliance which sprouts from a determined sense of responsibility, together with carrying out our own labour, our own work. This has in an interesting way everything to do with the use of the Ora, an internal coupon, an internal currency - in inverted commas - which is now becoming an e-Ora, which can be used for electronic transactions. This reiterates the concept of self-reliance - to create a way of stimulating and strengthening an internal economy," he says.
When South Africa's infamous apartheid segregation policy was dismantled 25 years ago, a group of Afrikaners founded their own separate community.
The country's liberal constitution allows for the right to self-determination of any community sharing a common cultural and language heritage.
Orania, which is 8000 hectares in size and is on private land, runs its own municipal services.
For its 1600 residents, the E-Ora is another step towards independence.
Dawie Roodt is an economist who as been advising Orania on their E-Ora development.
"So as money evolved over time transaction costs have been coming down quite dramatically. And that's a very important contributing reason why the world is as rich as it is today and probably why the world is going to grow even richer - because the costs of transactions have been coming down. For that reason it is so important that you always stay with the most recent developments, technological developments. And I think the most recent technological development certainly is the so-called electronic money, or so-called crypto money and maybe even private money. And as transactions keep on coming down, I think that we are going to see that economies do more transactions, and more transactions in the end means more economic activity and more wealth creation," he says.
The Ora is essentially a coupon pegged to the South African Rand. Transaction costs for the E-Ora, or electronic ora, are only 0.5 percent which compares favourably to bank charges in South Africa and globally.
To use the E-Ora Strydom loads credit onto her E-Ora account at the Orania Chamber of Commerce. She can then make purchases without the need for cash.
"It's very easy. So I came here literally with my phone and bought the things I needed. I didn't need to bring my purse. And I could be anywhere and do a transaction so that makes it very easy. And the transaction costs are very low. So those are the two positive things about the E-Ora," she says.
The South African government is currently formulating a position paper on cryptocurrency.
Deputy Governor of the Reserve Bank, Francois Groepe clarifies the position of South Africa's central bank on the E-Ora.
But transitioning from the Ora to the electronic Ora opens up possibilities of further independence for this community.
Orania Chamber of Commerce Chairman Daniel Dames explains the future vision of the E-Ora.
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Well done Orania. I'd like to come visit soon.
ua-cam.com/video/fxEweP2TiMk/v-deo.html
Im a lefty and I would love too visit this great place ,and and eat baked beans and raw eggs for two days straight and go and shit in all the racist Whiteys mailbox
@@thestrengthwowwow4472 lol funny
the strength wow wow - wanting to go shit in ethnic minorities mailboxes for daring to escape racial persecution and murder by the black majority and then set up a peaceful, successful settlement? Wow what a sad, angry bigoted person you are. Karma is a bitch and it will be funny when it is your mail box been shit in.
@@maxpowerii7368 blacks are just returning the favor what's wrong with that.
Clean and quiet and low on crime. Unlike the rest of South Africa. Go figure.
I’m so happy for you guys. Yes it works but has its flaws. I’m not Afrikaans. I’m a white male that believes hard work and family are key ingredients. This town isn’t racist it’s realistic. Multiculturalism doesn’t work and get that. But you have to be a certain type of Christian. Let’s hope you guys aren’t targeted by people that have nothing but destruction in there hearts. Make no mistake government is not happy. You guys have achieved more in a short time than they have in 24 years. It’s always the ones looking over the fence that want what you have and in tread of copying it, it’s easier to break it. Much love guys.👍🏼👍🏼👍🏼
Not sure? There now seems options?
Boerboel 1652 as far as I got told and read from Willem when he did his video it’s only one option. Yes they have a few churches but all with same model. I’ll do more research but thanks.
ua-cam.com/video/3b8q2tDr2vM/v-deo.html
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"love thy neighbor as thyself"
Wonderful, amazing people. You need more places like this.
ua-cam.com/video/fxEweP2TiMk/v-deo.html
@C Ballantyne
Why would their ancestors even bother leaving Europe? Let's be honest: white people don't even like white people all that much. Give it a few generations; they will be fed up with each other and want to move back into the city. Seriously.
@@macclift9956 isn't that segregation?
@@macclift9956 Then what'd you do to fix this? We simply can't let Orania or an entire white state exist in AFRICA, regardless of its reasoning. We have to find ways to reintegrate these people back into the nation of SA. Under no circumstance should the existence of Orania be permitted as it's a step back. I do agree with your argument, and you do make a point, but we'd be going back to the days of Apartheid if we were to let Orania live as it'll spread(mind you, when I say this, I do not mean we let it burn, we just need ways to bring them back into South Africa as most were farmers.) Hopefully we can fix the injustices in this country and ensure true equality, but both sides have to own up to their mistakes. I know these people live in fear, so do I as a black person, but running away from an issue doesn't make it go away.
@Hardline Firewireyour perspective is one the world doesn't need.
Yahweh bless the folk of Orania!
Read "From Yahweh" by Laurent Guyenot. You will find it very interesting and useful.
+Astraea Shaw thanks for suggestion
Forget about linking the Ora to the ZAR. Link it to the US Dollar or Euro. Soon everybody will want to buy Oras. If these people play the game correct, they may control a lot more in future.
or better link it to Gold or Crypto
Being racist is really delusional.
The ora isn't a currency it's a coupon system. It was designed to counter anyone stealing from Orania as the Ora is useless in the rest of South Africa. It is also illegal to use another currency in South Africa.
Good on them. We need more people like the people from oranje. Our politicians can certainly learn a hell of a lot from the leaders of oranje.
So, a country must learn from a small rural town?
Love these people..
It is all about culture, morals and values, diverse morals clash
Look at what all those Middle East migrants are doing to Europe.
ORANIA: It´s not about race, it´s all about preservation of CULTURE ! ...
Eenheid is Krag its the race that makes the culture, friend.
Good o s brown: I was willing to express my understanding towards the political attitude publicly assumed by the President of Orania, time & time again ! ... Carel Boshoff always says - and I agree with him - that what makes Orania unique is their strong collective motivation towards the preservation of Afrikaner Culture, their Identity, History, and Traditions. In my opinion, Orania has wisely adopted a conciliatory approach vis-à-vis the hostility of the Black political parties, and it has been a strong element of stabilization for them. And yes, friend, in most Sub-Saharan countries "Culture & Race" issues tend to walk together...
i only have a problem with the statues but then again, they are i their properties, cool.
No it is about race, subrace specifically and ethnicity secondly.
@Peak Weimar I can easily agree with you! Anyway, in Orania especifically, the focus of their daily action seems to be on the preservation of the Boer | Afrikaner Culture...
God bless Orania. Would love to visit sometime
The Rand should be backed by Ammunition.
e.g: 10Rand = 5 x 9mm or 3 x 223 or 1 x 308.
Sorry to say this but this is where the 'Rainbow Nation' has taken us.
Goud standaard?
What does a cal. 50 get me?
@Glen Llewellyn 😂 lol, how apt
Afrikaners deserve a independent country in Africa
Keep dreaming. Maybe in Europe. Africa it will never happen, even Orania won't last. ANC / EFF will make sure of that.
@T P that's not racist wanting a country for an ethnic group. What's racist would be to want a country ONLY for this ethnic group and wanting to ethnically cleanse other ethnic groups. That's why "White nationalism" in the US is racist.
There's more than enough land in Holland or Europe to accommodate them, that's it problem solved, but for some reason they just don't wanna go back to Holland, I mean they hate African and Africans with passion, Shouldn't they campaign to be allowed back as Dutch Citizens......
@@inspectornova1871 Apartheid dreams are just that. Never will they return. We shall take all the land back with zero compensation.
@@inspectornova1871 they live in South Africa, they don't want moving to Europe since South Africa is their homeland. Just like African Americans don't want move to Africa since their homeland is the US. Proposing an independent state in another country that where the people live never works. The only exception is Israel but its because they're in a diaspora all around the world and had historical ties.
those coupons are worth more than the s.african dollar...
🇿🇦🙏❤️No matter how different we may be we should support each other and be proud everyone as the right to do what he or she wishes
Orania help a Xhoza community who has the same aspirations.
Orania is not racist. They are friendly people who help only strive to preserve their culture. I have monopoly money.
Orania ❤❤❤
#FreeTheVolkstaat
God bless Orania!!
If the store owners are paid in Ora how do they make money? There are places that let you convert Ora to Rand?
Is the Ora on the blockchain?
Boerboel 1652 which blockchain?
Wat mooi van die Ora is, ek sou dink buitestanders sou dit nie sommer so graag wou steel nie, want jy kan dit net in Orania gebruik, of hoe?
This is all happening under your watch ANC.........brilliant
For 30years
Soo... die reënboognasie het wonderlik gefunksioneer, nè?
So is the ora equal to a rand?
This is a good community, I believe in its values , morals and everything they hold dear. I thought it was racist, I don't think that anymore . I do believe it should be left alone but....I do not understand why they RESTRICT people of other races . It's a dangerous idea but it works
I have read some of these comments and they are ugly. They have no unemployment, no crime, enjoying a good standard of living, fresh air and a very productive prosperous farming industry in the middle of nowhere, not harming anyone, let them choose to live their lives, why get ugly?
What's the exchange rate for Ora:USD?
Its has the same value as SA Rand.
About 15 to one dollar
The first smart city
Nevermind what ever the anti-Orania thugs have to say about their private currency it is working and work quite well. You cant expect positive viewpoints from scavengers. Veels geluk inwoners van Orania julle innoverende pogings is inspirerend.
@Oregon Dand stalin had his own opinions just cause there are similarities doesn't mean it's the same
More power to Orania and to all the afrikaners and English speaking South Africans
At least if you went there, people would treat you really well, If you went to umlazi for example, you'd probably get killed
Huawei sure is getting popular.
*_Betaal met ORA_*
Is this were Oros is made...??? Hahaa... LuvU guys...
5:22 "GEEN Selfhelp Diens." Welkom by Orania! Hier doen mens doen ALLES SELF! Behalwe petrol ingooi. Dit mag jy nie self doen nie… (:
Werkverschaffing haha, groetjes uit Nederland
Why do they have their own money in South Africa,they can stay alone for all I care but aslong as there are in SA they should use the same currency,msunu maan
Goed fyn fantasies
Hulle eie geld eenheid is nog aanvaarbaar.Maar wees versigtig vir die cashless society wat kom.En lyk my dis wat die meisies op hul selfone doen.Is gekant daarteen,Bybel waarsku teen dit😯🙏🙆🙈🙊
How is this even possible in independent South Africa!? The neighborhood might seem harmless for now, but trust me, if it's not done away with sooner rather than later, in around 100 years it will start demanding for independence (a racist state within Africa), and they'll be strong then and it will be hard to quash them, they should all be shaken up like right now!
All Bantu and Nilo-Saharans are racist. You’re Kenyan? Then how do you account for your racist and horrific treatment of the Indians and the displacement of the Cushites and San?
I agree.
No one here can shake them up. Very powerful Afrikaaners 👏. Like shaking a leopard by the tail. Not good these boere. They can fight.
@Derek Chauvin dumb comment.
That's bullshit what stops the blacks from building their own community
Ouens kyk hierna.. Dit kan aangepas word. ua-cam.com/video/hLu2gxsVBe0/v-deo.html
Keep dreaming !!!
Keep dreaming ....
christians should conform to Heavenly kingdoms’ culture, not the culture of this world. we have to be a light and salt. the bible say we are in the world but we are not of this world.again we are told not to comfort to the standards of this world. the cultures of men can not save him and they are worthless before God. i am not talking to everyone but i am specifically addressing the true followers of christ.
yes I follow jesus and his kingdom not any man made border@Johan Strydom
The girl in 3:50 does not look white
Vin Maison
I’ve noticed that in many white South Africans. A few coloureds looks like whites because they have a white forefather, in the same way can a white person have one or more Bantu, Khoisan or even Asian ancestry.
@@CEB1896 i See, are afrikaaners blond hair blue eyes for the majority or not, i read that coloureds speak afrikkans as first language and were rejected under apartheid for not being fully white.
She is neither black
Can someone provide these fools with a functional brain ? One can only imagine what damage are being done to the children
@Johan Strydom If you're really interested in living amongst your own folks, please move back to Europe, and shut down all migration
@Johan Strydom My dear fool, again you're mistaken. Orania is a community of folks with mental disorders which could only indicate a psychiatric ward. Please, allow me to help the children before more damage is done
@@alexgiordani9861 Incest neh!!
Haha you jealous? Seethe loser.
@@alexgiordani9861 we where the first to settle south africa
I know that the people of Orania say they are christians. please check your bible in revelation 7:9 and see that God is not a racist. The multitudes in his throne are from every nation, tribe and language and are worshiping him. why do you separate yourself on the basis of language and color when God you claim to follow accept all people regardless of coloring, language and tribe? This simply means that the God of the bible will not accept you in his throne because you will promote division in his heavenly kingdom and look for those who are from your race. Again in his kingdom we will all be changed in his likeness, black or white will be transformed. I humbly request you to check if you are in line with a sound biblical teachings and doctrine. Your way of living is clearly is not in line the scripture.
They do not hate other races, they wish to protect their culture and they see Orania as the only realistic way to preserve it. Do you see something wrong with that?
Stop trying to force everyone to live how you want. Its not Christian. The tower of Babel was also a place for every nation, race, language etc and we know what God did to that.
Black Sun Rising It is Christian, a key part of Afrikaner identity is being a Calvinist.
I want to challenge the true followers of Christ, not your tower of barbel because God changed many things under the new covernant. The law was given to the jews under old testament and God was not speaking to gentiles like me and you. That’s when God gave the law he specifically excluded all the nations of the earth and spoke directly to the children of israelites. under the new testament there is no greek or jew. Christ said “ I will form my church and the gates of hell shall not prevail against it” the command to the church from christ was to love each other and prove to nonbelievers that we are his disciples. Christ himself said he does not judge by external outlook like pharisees who clean only the outside of the cup.The culture and traditions of the world are contrary to the word of God. please check what Jesus told the the pharisees concerning traditions in the following scriptures: mark 7:8, colossians 2:8
it is also written: do not love the world or the things of this world. the pride of what we have and do, the lust of an eye will pass away. Abraham was looking for a heavenly jerusalem whose builder and architect is God.again do not conform to the worthless cultures of the world, but renew your mind. i know unstable minds whose condemnation was prophesied long ago will come and twist this holy scripture to achieve their evil motives. The tradition of the kingdom of God is Love, holiness, righteousness. if you don’t tremble at Gods’ word he said he will not even look at you: Isaiah66:2
Its how you are interpreting your believe. You take your part of the Bible and others has another view. Luther and Calvijn also disagreed with the pope and the catholic people for a good reason and all claiming to talk the true word of God. This ended up in a 80 year war. Fact is we are all humans but with a different view on how to for fill your life and how to contribute to your close community. People under God have different interpretations. Free will and embrace the people who are close to you. People are not the same. Man the next village where I life are already strangers for me and we believe the same. Your statement is just in conflict with the reality.