Never stop creating

Standing on the promenade at Umhlanga rocks beach on the last Freedom Day in South Africa, I took my time to observe the beautiful scenery around me including the light house and several buildings such as Beverly Hills, Umhlanga Sands Resolt and Peals of Umhlanga. I thought about the people that imagined and created the edifices. A quote by…

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Be a balanced risk taker

Before Archegos Capital lost $20billion and collapsed on the 26th of March 2021, most people in the investing community did not know about the family office capital management firm run by Bill Hwang. Hwang was the greatest trader we didn’t hear about. It was in 2013 when he got his first break after multiplying his $200 million hedge fund into…

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Investing in decentralization

I was introduced to share investing by Mr Bisi Odeleye (a chartered accountant and a stock broker) about 21 years ago. I had just completed my NYSC (Nigerian Youth Service Corp) at the time.  I remember visiting their stock broking firm in Lagos Island several times to purchase shares of companies listed on Nigerian Stock Exchange. I have also…

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Bitcoin defies critics with another banner year

Bitcoin just won’t go away. Since Bitcoin’s market capitalization reached $1bn in March 2013, there have been two cycles of spikes to record highs, followed by drawdowns of more than 80 percent. The king of cryptocurrency again had commentators and critics eating their words in 2020. It’s now time to accept it’s here to stay. Like Monty Python’s Black Knight,…

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Ethereum: Crypto’s ‘dark horse’

Bitcoin, a digital or virtual currency created in 2009 is without question the most important cryptocurrency. However, there are other cryptocurrencies that have performed better than the king of crpto in the last one year. Notable among them is the second most popular and largest digital currency, Ethereum. Launched in 2015, it enables SmartContracts and Distributed Applications (DApps) to…

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The role of blockchain in enabling elections

With allegations that the 2016 US election was rigged by Russia and President Trump making controversial claims of voter fraud through mail-in ballots few days ago, it is great to find out whether using blockchain technologies can provide a secure and unhackable record and help overcome the problem with traditional voting. First, what is this buzz word-blockchain?. It is…

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Iran using crypto for import payments

According to a report from the state -run Iranian Student’s News Agency (ISNA), Iran has established new regulations to funnel bitcoin mined by Iranians into state coffers to be used to pay for imports. The Ministry of Energy and the Central Bank of Iran (CBI) now require the country’s legally-registered crypto miners to sell the tokens they mine to…

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Will Bitcoin reach $20,000 again?

I am one of those that believe that Bitcoin will reach its all time high again. Below are my main reasons for having this opinion. Bitcoin’s first mover advantage. It is the most popular cryptocurrency on the planet. YouGov.Omnibus report (2019), revealed that Americans’ awareness of Bitcoin has reached 80%. Bitcoin’s infrastructure is growing. According to Thomas Hughes, Bitcoin…

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Timing is everything

One of the factors that contributes to success in life is being at the right place at the right time. We should do our best but also, pray that time and chance should favour us. Take for example, Bitcoin wasn’t the world’s first digital cash. There were many proposals or other digital cash projects that laid the groundwork for…

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