Facebook unexpectedly announced their digital currency -Libra- yesterday. Whilst there are many details regarding the currency itself, the crypto wallet for holding Libra hasn’t gotten as much coverage. Calibra is said to be launching in 2020 and the website suggests that it will be integrated with other Facebook apps, namely WhatsApp and Messenger. It’s not […]
We look at how bitcoin obtains its value. We talk about its capabilities of anonymous transacting as well as transparency of its circulation. Also in the mix is the benefits of decentralizing it which makes it almost impossible for one person to determine its value. Quick NetOne, Econet, And Telecel Airtime Recharge Number to recharge: […]
So the new kid on the block is Bitcoin but what is it anyway? We look at the definition of bitcoin hopefully in its simplest form. We relate bitcoin to the classic paper style money we all are familiar with and touch the slightest bit on it being a Fiat Currency. Quick NetOne, Econet, And […]
Foreign investment giants like JP Morgan Chase are also feeling the heat in Zimbabwe as far as the foreign currency shortages are concerned. These guys hold stocks in some companies that are listed on the Zimbabwe Stock Exchange and like everybody else they can’t move that money easily out of the country if they decide […]
One thing that makes bitcoin so hot is that it allows us to make transactions and move money in ways that were not possible before bitcoin was invented. We’ve compiled a list of 10 areas where bitcoin shines: #1: Online payments With banks continuing to restrict the use of debit cards online, it continues to […]
Seeing WhatsApp’s seemingly extremely high valuation that came with the announcement today by Facebook that they are acquiring it. We thought we could bring the figures home a bit and have some fun drawing some quick comparisons with some country figures as well as the value of some local companies like Delta , Econet Wireless […]
Unless you have been living under a rock for the past couple of years, you have probably heard about bitcoin. What makes bitcoin fascinating is that it’s the first currency which is not just free, as in ‘free beer’ but free as in ‘free speech’. In fact. In fact, ever since the first standardised coins were created in Western Turkey in the 7th Century BC, money has never been associated with all of the following 3: Open, Universal and Free. Bitcoin changed that.