The development of CBDCs is interesting because Bitcoin was designed to improve upon state issued fiat currencies and the sudden emergence of CBDCs show that central banks realize this.
Bitcoin is the democratization of money because for the first in the modern era, there is an alternative form of money available.
When first wrapping your head around the idea that Bitcoin is money, but that it’s effectively stored entirely on personal computer hardrives, it’s important to understand that, for the first time ever, we have a system of digital information wherein all the information is verifiably unique. Simply put, a unit of Bitcoin that is used […]
Bitcoin is decentralized. No single entity can control it. It is a truly global, friction-less and permission-less payment system with a very low barrier to entry. Anyone with a basic internet connected device can store, receive and send unlimited amounts of value anywhere in the world.
Individual Bitcoins (or multiples and fractions of a Bitcoin) are in fact tiny computer programs recorded on an open ledger and controlled by private cryptographic keys.
Bitcoin is different because there is more certainty than there is with anything else. That being said, there are off course no guarantees. Life itself is uncertain. But what the creator(s) of Bitcoin did was to to take as much uncertainty out of the monetary equation as possible.
A young boy was rushed from Mossel Bay to George Provincial hospital at the beginning of last week for an emergency operation on his foot. The boy is a participant in a youth empowerment program run by The Surfer Kids NPO, a non-profit organization started by my wife and I in 2010. The boy showed […]
Life put us through a hellish experience earlier this year. My wife, our baby boy and I were all pretty seriously ill. All three at the same time. In hindsight I’m grateful for the experience. Obviously I didn’t feel that way at the time. All I wanted was for it to pass. Thoughts of gratitude […]
Something major happened yesterday. It was a personal father-son milestone. One that I will likely never forget. It has do with trust. My wife still breast-feeds our 19-month old baby boy. So she’s got something I’ll never have when it comes to comforting him: breasts and, more importantly, breast milk. Whenever he’s scared, or just […]
I’ve always rebelled against structure. There’s so much of it. We’ve created endless structures that govern our lives. From our beliefs, social norms, traditions, governments, to fashions, taste and just about everything else. And I’ve always struggled to accept the structures around me. I spent a large part of my young life trying to break […]