Blog

15Feb 2019

The New Gold is Bitcoin, Yet It Seems Mining Bosses Still Exist

February 15, 2019 G-CRYPT Opinions

Bitcoin is the New Gold. Bitcoin has matured over the last decade to become the defacto digital equivalent to real gold. It has the same economic properties as gold, yet it has an advantages in terms of ease of transfer and storage. Why is Bitcoin a new form of gold, you ask? Many people see […]

11Feb 2019

Stablecoins – What Exactly Are They?

February 11, 2019 G-CRYPT Learn, Technical

stablecoins featured image of elephant balancing on ball

Stablecoins have been rising in popularity recently. These cryptocurrencies have their value pegged to another stable asset such as gold or the U.S dollar. The benefit of this is the ability to use the coin for practical use such as everyday purchases. An Answer to Volatility for Stablecoins Cryptocurrencies such as Ethereum (ETH) or Bitcoin […]

09Jan 2019

What Is The Mimblewimble Protocol?

January 9, 2019 G-CRYPT Learn, Technical

mimblewimble protocol image of harry potter

January 3rd 2019 marks the launch of a new cryptocurrency called Beam. Beam is one of two highly sought-after privacy coins that implements the “Mimblewimble” payment protocol. Mimblewimble is a new and innovative way to make confidential and virtually untraceable transactions. Mimblewimble Protocol The Mimblewimble protocol was first announced in the summer of 2016 by […]

19Dec 2018

SAFCOIN Releases! Is it a Scam?

December 19, 2018 G-CRYPT Learn, Opinions, Scams

SAFCOIN released this week and there seems to be a lot of suspicion surrounding it. People can’t decide if it’s a cryptocurrency worth investing in, or just another scam. In this post, we will be looking into SAFCOIN and the team behind it. SAFCOIN Launches! On December 13, 2018, SAFCOIN launched after the ICO period […]

17Sep 2018

Crypto Phishing Scams – BEWARE!

September 17, 2018 G-CRYPT Learn, Scams, Technical

Crypto Phishing Scams. What are they? In this article, we explore Phishing Scams and how it affects you. This article has nothing to do with your local tackle shop. However, if you do allow yourself to be phished, you will only be telling stories of “the one that got away”. Crypto Phishing Scams: What are […]

16Sep 2018

Bitcoin Price Calculation Explained

September 16, 2018 G-CRYPT Learn

bitcoin price calculation featured image on blogpost

The Bitcoin price is not calculated, published or controlled by a central bank. This is in contrast to FIAT money, where banks use tools such as interests rates to control the value of money. So where do the media and google get the bitcoin price from? From each other is the simple answer. There is […]

24Aug 2018

What is ADA Coin?

August 24, 2018 G-CRYPT Learn

ADA coin is new (newish) and still very much unknown, but what is the ADA coin? Who created ADA coins? What do we use them for and where? We explore why you should know about ADA coins. ADA Coins Anyone? There are so many coins and tokens in the cryptocurrency ecosystem that one […]

29Jun 2018

Bitcoin vs Bitcoin Cash

June 29, 2018 G-CRYPT Learn

bitcoin vs Bitcoin cash Bitcoin vs Bitcoin Cash (B)bitcoin vs Bitcoin cash is technically not the correct term. Well, I say it is technically not the correct term, but who knows, maybe it is … no one is in charge and consensus is remote. This is the problem with decentralisation or rather, a benefit of […]

08Jun 2018

Wealth Creation Mechanism for the 21st Century: Bitcoin!

June 8, 2018 Gareth Grobler Learn, Opinions

wealth creation mechanism featured image of gears in motion

What is a wealth creation mechanism? There are many views on what constitutes a wealth creation mechanism. Wealth itself can mean many things to many people. Somewhere in North America, a billionaire is thinking of how to accrue more financial wealth. In contrast, a Bedouin somewhere in North Africa increased his wealth after a profitable […]

09Apr 2018

SARS will tax cryptocurrency in South Africa

April 9, 2018 G-CRYPT Learn, Opinions

tax cryptocurrency image of south african woman

Why tax cryptocurrency in South Africa We will tax cryptocurrency in South Africa. The SARS stance on the tax treatment of cryptocurrencies is that it will continue to apply normal income tax rules to cryptocurrencies and will expect affected taxpayers to declare cryptocurrency gains or losses as part of their taxable income. Need some help […]