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.…
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Cryptocurrency Update
Reading Time: 3 Minutes “Hahahahaha…” Turns around. Oh hello! Glad to see you here, welcome welcome. Gestures to a warm, comfortable seat. Please, sit down. That’s better right – can I get you anything? Drink? Water? No? Fair enough. Forgive me, because you caught me in the middle of reading through some of my older posts. Like this one here, “4 Things I Learnt Investing in Cryptocurrency” (read here). Ah the innocence of youth… What’s that? I only wrote it less than a year ago? But it feels wayyyyy longer than that! After reading this, I think it’s time to revisit and see what’s been happening in the crazy world…
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4 Things I learnt Investing in Cryptocurrency
“A young man stood to inherit $10 million if he could turn $10k into $1m by the end of the month. The young man put the entire $10k into Cryptocurrency and it turned from $10k into $100 million in a matter of days. Fortunately for the young man, on the last day of the month, the value of Cryptocurrency crashed through the floor and his $100 million turned into $1m”. That was a joke I first heard during the last Crypto boom in late December/early January, a mere 4 months ago. Surely you all remember how social media, mainstream media and our own personal medium were all abuzz with Cryptocurrency…
