What’s happening during the Bitcoin Halving 2020? The bitcoin halving 2020 is around the corner and is likely to hit headlines again soon. This event is scheduled to happen about every 4 years, more specifically, every 210 000 blocks. The halving will cause the reward for mining bitcoin to be reduced by 50%. The current […]
Libra to liberate Africa or will Mark Zuckerberg be the modern Slave Master? We are all debt slaves whether we like it or not. Every single one of us who wake up and go to work to earn an income, which is a representation of our labour. That representation, however, is not created by labour […]
The New Gold is Bitcoin, Yet It Seems Mining Bosses Still Exist
February 15, 2019
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 […]
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 […]
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 […]
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 […]
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