Reading Time: 2 Minutes Howdy all! And a Happy Valentine’s Day. Ooo and hugs and kisses goes out to my personal Valentine aka MrsFrugalSamurai. She made me feel very special indeed with a uniquely composed card and personalized message. Although I could only decipher two thirds of her writing, the love and warmth shone through. Received with thanks MrsFS. As for my present? Well, that’s for her eyes only of course (truly, otherwise Crime Stoppers would be called). But today’s not about love and chocolates and naked bloggers – no, today’s post is a bit of social commentary regarding what I’m seeing in the markets, or rather the market participants.…
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BITCOIN (BTC) On FYRE
Reading Time: 2 Minutes Hey! Clear the way in the old bazaar Hey you! Let us through! It’s a brand new star! Oh come, be the first on your block to meet his eye! Make way! Here he comes! Ring bells! Bang the drums! You’re gonna love this guy! Which guy? Well… Mr Bitcoin of course! I know, I know. I’ve posted about Bitcoin and Cryptocurrencies before (read here, here, here and so much more). BUT. There’s been some huge albeit largely undetected news going on in the Crypto world. Bitcoin is back Baby! Whoa! Just look at that price chart. From a low of just over US$4800 in March,…
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Cryptocurrency Update
Reading Time: 2 Minutes Howdy everyone! Hope we’re all settling into the new year. Everyone’s heading back to work now (boooo!), you can see it written on our faces. Depressed look. It’s why we have to FIRE people! Get some of our time back to do the things we want to do. Mini-rant over, I wanted to visit the crypto-market today as it’s been a while since the last update. We all know what happened a couple of years ago, when crypto was on everyone’s lips. And yes, we all know for every crypto-millioniare, there are hundreds, nay thousands, nay hundreds of thousands, who have lost their shirts investing gambling on them. Myself…
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A Quick Cryptocurrency Update and a Personal Tale
Reading Time: 2 Minutes So it’s been a while since I’ve written anything about Cryptocurrency. Cryptos you might remember, made global headlines for creating a whopper of a bubble a couple of years ago. Suffice to say, not much has been heard from since. I thought it’d be prudent to do a quick update on what’s going on in the world of Cryptos. Legitimacy As I’ve remarked before, the power behind Cryptocurrency, being the Blockchain, has always been the game changer. The premise being that transactions can be verified by anyone and everyone around the World. So it’s no surprise that in recent months established names such as Facebook came…
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LibraCoin
Reading Time: 3 Minutes Hai everyone, how’s it all going? Some interesting developments happened last week in the world of Cryptos which you may or may not have noticed. Facebook came out and released a white paper (an info pack) about a new Cryptocurrency it’s originating called Libra and Calibra, the Blockchain platform supporting the back-office function. It’s just another example of how the Blockchain is coming to the mainstream. Wait… Cryp what? Block…chain? Blockchain is the system in which a record of each financial transaction made in Libra (or any other cryptocurrency such as Bitcoin) is maintained across computers that are linked in a peer to peer network, i.e.…
