Crypto
Guides and explainers on buying, holding and moving digital assets with rand — on a platform licensed as a South African FSP. We cover how ZAR pricing works, what custody actually means, and how to avoid the mistakes that cost people money.
Altcoins pump
As bitcoin cracked $100k, altcoins have started to pump. This is to be expected. It has happened in previous bull markets. Bitcoin leads, the rest follow.
Are you just going to sit there and watch?
We’ve been through five years or so of hearing “it’s a scam”, “it’s going to zero” and other such drivel, some of it from people who run huge funds.
Is gold better than bitcoin?
In our opinion – No, though there are obviously those who disagree. Gold is difficult (and expensive) to mine, to store, to insure and to transport. Difficult to spend.
Imagine bitcoin at $1.5 million
Bitcoin at $1.5 million by 2035? That might seem like fantasy at the current price of around $94k, but the $1.5 million prediction comes from none other than Timothy Peterson, the…
Is Bitcoin cheap at $115k?
Those who bought (or mined) Bitcoin at $100 and sold out at $200 at a profit will look at today’s price of $115k and say this ship has sailed them by.
Silence of the naysayers
There’s a lot of gloating going on in the bitcoin community, with reminders of famous (and embarrassing) predictions that it would go to zero.
MicroStrategy’s Book Value Versus Its Market Value
MicroStrategy and the Accounting Dilemma MicroStrategy (MSTR) has a book value per share of $12.62, which is what each shareholder would theoretically receive if the company went…
Sore losers
We reported last week on the stunning accuracy of online betting site Polymarket in predicting the outcome of the US presidential election far better than most polls.
Stablecoins versus The Banks (stablecoins are winning)
An interesting piece of news over the last week may have missed the financial headlines, but it did not escape our attention.
Signs of a bull market in its infancy
The chart below from Crypto Quant shows something quite extraordinary. Pay attention to the blue line. It shows reserves on crypto exchanges falling… and falling.
Is it time to abandon exchange controls?
South Africa has had exchange controls since before any of us were born. Why do we still have them? USDZAR – have exchange controls protected the value of the rand?
Not a bad year for the barbarous relic. Even better for bitcoin.
Gold was up 27% in 2024, and the S&P 500 24%. Not bad for a “barbarous relic,” as economist John Maynard Keynes described gold in 1924.