A Bitcoin maximalist is someone who believes with unwavering conviction that Bitcoin is the only crytocurrency – in fact, currency – that will be needed in the future. Maximalists believe strongly that any cryptocurrency that is not Bitcoin is not only technically flawed, but morally questionable. Even when they know they could make more money …
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 …
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 …
About 21 years ago, I was introduced to stock investing by Mr. Bisi Odeleye, a chartered accountant and stockbroker. Fresh out of my NYSC (National Youth Service Corps), I frequently visited his stockbroking firm on Lagos Island to purchase shares of companies listed on the Nigerian Stock Exchange. My interest in investing continued even after …
In 1903, Henry Ford’s lawyer, Horace Rackham was advised not to buy stock in Ford. “The horse is here to stay, but the automobile is only a novelty – a fad” he was told by the president of the Michigan Savings Bank. The visionary lawyer bought $5,000 worth of stock and sold it in 1919 …
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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. …
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 …
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 …
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 …
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 …
