Skip to main content

Decentralized money.

You can now buy with Bitcoin & Tether (a cryptocurrency pegged to the US dollar) in South African shops. This means that you can keep your money in virtual dollar vaults & still use it in everyday life. I can imagine what this kind of technology could've done for countries like Turkey & Argentina whose currency has devalued considerably against the US dollar. And while the South African Rand continues to stumble against the US dollar, some stability could've been attained with the use of USDC & Tether provided that this payment system holds or isn't over-regulated to the point of becoming obsolete. South Africans no longer have to struggle with PayPal for international payments & can send or recieve money from anywhere worldwide within minutes. 



This blog is not monetized, if you read something that resonated with you please do the favour of sending a little cryptocurrency so I know it was appreciated. 

BTC receive: 3A3xX7SGs9afxewPAeG9Gpi2azXCKBJMoG 

ETH receive: 0x8932C0E3e649fF6E73FFCb161625bF4d10E05D2c 
USDC receive: 0x14CAD477e3704bb3429e7769FbC32971CF60f856

Labels:

Comments

Post a Comment

Popular posts from this blog

Blog CV/Resumé

Just so readers of this blog can get to know a little about the writer.  Name: Mthoko Mpofana  Born: 1989  Place of Birth: Port Shepstone  Race: Black / Sub-Saharan African  Ethnicity: Zulu  Height: 1,73 m  Education :  • Well versed in business studies & economics having done business studies & economics in high school & one year of a business management degree.  • Well versed in computer studies, advanced data capturing & interested in software development.  Trades :  • Salesman  • Restaurants / Take-away experience  • Online trading  Sports :  • Football  • Basketball  • Biathlon  • Cricket  Pastimes : • Guitar  • Keyboard  • Chess (& Mlabalaba)  • Sudoku  Driving licence :  • Licensed to drive all motorcycles.  • Truck driving learner's license.  Languages :  • English (fluent)  • Zulu (fluent) • French (semi-fluent)  • ...
Post a Comment
Read more

Comprehensive classification of Ngoni / Nguni groups.

List of Ngoni / Nguni nations : • Bhaca • Hlubi • Mpondo • Ndebele (northern Ndebele in Mthwakazi & southern Ndebele in Gauteng, South Africa) • Ngoni / Jere / Jele (mainly in Malawi, northern Mozambique, southern Tanzania, Zambia) • Nhlangwini    • Shangaan  • Swazi  • Tembu • Xhosa • Zizi • Zulu Altogether, twelve (12) "Nguni" groups are known to exist. From my knowledge in any case.  Bhaca, Hlubi, Nhlangwini, Swazi & Zizi are the Mbo Entity . The Mbo Entity often declassifies itself from the Nguni group. Nhlangwini & Swazi are under a Dlamini dynasty while the Hlubi & Zizi are also Dlamini tribes. Ngoni & Shangaan are of Ndwandwe origin (a tribe assimilated by the Zulu Empire). Bhaca, Hlubi, Ndebele, Nhlangwini, Shangaan, Zizi & some Mpondo are often classified as Zulu. While it's unknown whether Mpondo & Xhosa qualify as Nguni, they are often grouped as Nguni. Using family groups to classify :  • Mbo • Mpo...
Post a Comment
Read more

A viable single African currency concept.

The original reason why I believe a single African currency would not work. Below is how we could attempt to make it work.  The many currencies of Africa. To prevent destabilization of the continent's economy, there could be two currencies: The Lami  for countries lying mostly north of the equator & the Ng'ombe  for countries mostly south of the equator. Both currencies would be independent with the Lami having it's bank & headquarters in Addis Ababa while the Ng'ombe could have it's bank & headquarters in Nairobi.  N.B.: Gabon, Congo-Brazzaville, DRC & Kenya would use the Ng'ombe currency while Uganda & Somalia would use the Lami currency.  North of equator = Lami  South of equator = Ng'ombe   More stable countries with higher GDP per capita could be first to use the new currencies i.e. Seychelles, Mauritius, Gabon, Botswana, Libya, Equatorial Guinea, South Africa, Algeria, Na...
Post a Comment
Read more