Sevexity

Bitcoin has no budget speech

Reading through the reporting on the MTBPS delivered by Tito Mboweni, I can’t help but think of all the people who claim that bitcoin won’t work because “it isn’t backed by anything.” (there are still people who think this is a valid argument). One looks at bitcoin with its mathematically predictable and immutable monetary policy […]

It’s all on you…

I keep a watchful eye over the South African financial twittersphere. Every now and then bitcoin gets a mention, almost always in a derogatory fashion. The stewards of your capital in South Africa are still laughing at the best performing asset over the last 10 years. This is the performance of Grayscale Bitcoin Trust (GTBTC), […]

Yes it is…

“If we look at the above chart, we have to admit that it has all the characteristics to make a great bitcoin meme. In essence, this chart says, “Number go up, 98% accuracy.” And underneath the hood of this meme is some extremely difficult math that I have no idea how to read, never mind […]

Is SF Model even falsifiable?

If we look at the above chart, we have to admit that it has all the characteristics to make a great bitcoin meme. In essence, this chart says, “Number go up, 98% accuracy.” And underneath the hood of this meme is some extremely difficult math that I have no idea how to read, never mind […]

Reserve Bank shining light

Who’d have thought that the only sane central bank governor would be the one at the head of South Africa’s Reserve bank. I salute you Mr. Lesatja Kganyago for being the only pillar of light and reason in the world of central banks gone crazy on the Keynesian Kool-Aid. It’s sad that you won’t last […]

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