We want to let you know about some South Africans working on Bitcoin – domestically and globally. Most of the Bitcoin news is from the US or Europe, but at home, there are smart South Africans trying to bring Bitcoin closer to the people.
Mayor Francis Suarez has been making waves recently with his bullish stance on Bitcoin. His vision is to make the city of Miami a Bitcoin hub and is leading by example by taking his full salary in Bitcoin.
The latest weekly Bitcoin News including Bitcoin’s upcoming activation of Taproot this month, Zimbabwe considering Bitcoin as a legal payment service and the Bullish indicators of Q4!
Bitcoin self custody is vital for anyone who wishes to remain un-cancellable and censorship resistant in their personal capacity. Cancel culture is running wild through our culture and Bitcoiners will be in the firing line sooner or later.
The Bitcoin ETFs are exchange-traded funds that track and mimic the value of Bitcoin. These are traded on traditional market exchanges and allow individuals and more importantly, institutions to indirectly invest in Bitcoin, without having to own or custody it themselves. In other words, the Bitcoin ETF will allow investors to seek return via the Bitcoin price, without actually owning the asset themselves.
Bitcoin is a complex subject and there is an enormous amount of information to sift through and make sense of. Unfortunately, there is also a lot of misinformation, scams and alike on social media platforms, so we wanted to share the best sources to learn about Bitcoin.
First of all you’re probably wondering if Bitcoin could possibly reach $1million? The short answer is yes, it could. The only real questions are how long would it take to reach that mark, how volatile will the journey be and how far will the US Dollar be devalued against what it is today?
For those who are looking to follow the steps of Microstrategy & Tesla and place Bitcoin as an asset under your business, we have officially opened business for entities! We now allow private companies, trusts, close corporations, partnerships and other entities to buy Bitcoin in their name and all purchase orders will be the entity’s name for taxation purposes.
This week we want to focus on one thing that happened yesterday, the 7th of September. A day that might be remembered in the history books of the future.
Bitcoin was officially adopted in El Salvador as legal tender and the country became the first to officially buy Bitcoin in its sovereign capacity!
Open networks are networks that do not require permission to build on top of, or use. These are inherently better than permissioned or closed networks guarded by gatekeepers, as the sheer volume of people able to access and build new innovations on the network dwarf any benefits given by a closed network.