PREDICTIONS

The rise of the National Digital Currency…

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Here is a FACT… Regardless of whether their stance is negative, neutral or positive towards Decentralised Cryptocurrency, many governments around the globe are working very hard on creating their own Centralised National Digital Currencies. Tunisia – The eDinar is already active. Click on the picture below to read the related article. Senegal – The eCFA is already active.  Click on the picture below to read the related article. Sweden – The eKrona is on the […]

ALTCOINS

Tipping is not a city in China

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If you’ve seen the light about Cryptocurrency, you know the Fiat system is on life-support & you’re looking for ways to promote the use of Decentralised Crypto in your everyday life… Here are a few tips: Do you tip service staff? The petrol attendant, the waiter at a restaurant, etc, … even the car-guard… you’d be surprised but almost EVERYONE has a smart-phone these days. I give them this choice: Option A – ZAR10 or […]

EDUCATION

Proof-of-Work VS Proof-of-Stake

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There is a lot of talk… arguments really… about Consensus Mechanisms at the moment. Some folks prefer Proof of Work (POW),  others prefer Proof of Stake (POS). So which is better? That is a lot like asking which are better for you, fruit or vegetables? The one is not better that the other…  they are both useful, just for different applications based on a mix of advantages & disadvantages. What is Proof of Work? It […]

EDUCATION

Who actually controls Bitcoin?

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Bitcoin was created by Satoshi Nakamoto & sent out into the world as a piece of software and a white-paper that describes it.  No, it is not a clay tablet, not a bible, not a book, not anything other than a simple 9-page pdf-document that started this globe-sweeping phenomenon. If you speak geek, feel free to read the white-paper by clicking on the picture below: It is unclear whether this was a single person or […]

EDUCATION

The TRUST machine

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We live in a world where we believe that, as a whole, all humans have inherently good intentions… yet paradoxically, we also believe that not all humans can be trusted. What is trust? It is the firm belief in the reliability, truthfulness and honest intent & ability of someone or something. You trust your parents, your siblings, your friends and maybe even your coworkers to do what is in your best interest. What is mistrust? […]

EDUCATION

Disintermediation

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Our world seems to have moved away from economies of producers & consumers to economies of mostly intermediaries.   What are Intermediaries? They are middlemen: people and companies, who insert themselves in-between the seller and the buyer in a transaction. What is an Economy? Forget the complicated technical definitions.  It is simply all the transactions of a group of producers & consumers.  A free economy is based on the “willing buyer, willing seller” principle. What is a […]

EDUCATION

Infrastructure Inversion

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A lot of people say things like “That is never going to work!” when they first hear about Cryptocurrencies like Bitcoin. Statements like these are nothing new… people have said that for just about EVERY revolutionary, world-changing technology since the invention of the wheel.  What are some of the technologies that we accept as a matter of fact today, that were once predicted to fail? Here is a list of just a few: The Car […]

EDUCATION

Gold VS Crypto

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Gold or Cryptocurrency… which is better? I get this question a lot. My answer?  The one is not better than the other.  You need BOTH, but you are asking the wrong question…  you should be asking “why would you need Gold or Cryptocurrency if there already is such a thing as Fiat Currency”? NOW you are starting to see past the Matrix.  Ready to take the Red Pill? Gold was there BEFORE Fiat Currency & it […]

PREDICTIONS

Fiat Financial Apocalypse… when?

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For years now seasoned investors like Robert Kiyosaki & Mike Maloney have been warning us that the 2008 Market Crash was just a storm in a teacup compared to the NEXT market crash & that it is already overdue. In 2013 we came close to the edge once again with a “Flash Crash”. I’ve been thinking about a few things around this topic… What REALLY happened during the 2008 Market Crash? In order to predict […]

EDUCATION

Remittances

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Have you ever sent funds to someone in another country? This is an International Money Transfer & it will surprise you how complicated & expensive things can get when funds cross borders.  You have to sell your currency & buy another currency in order for that payment to cross jurisdictions.  This is called Foreign Exchange or FOREX. There are fees at every stage of this convoluted process. Some of us only do this once in […]