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Showing posts from December, 2017

Bitcoins, Cryptocurrencies, Blockchain: A simple explainer of what all this means

WHAT IS BLOCKCHAIN TECHNOLOGY? For much of 2017, you've likely heard some of the following terms if you've paid any passing attention to the world of finance: Cryptocurrency, Blockchain, Bitcoin, Bitcoin Cash, and Ethereum. But what do they mean? And why is cryptocurrency suddenly so hot? Before answering that, we need to explain the basics of blockchain, the technology that powers Bitcoin. As society becomes increasingly digital, financial services providers are looking to offer customers the same services to which they're accustomed, but in a more efficient, secure, and cost effective way. Enter blockchain technology. The origins of blockchain are a bit nebulous. A person or group of people known by the pseudonym Satoshi Nakomoto invented and released the tech in 2009 as a way to digitally and anonymously send payments between two parties without needing a third party to verify the transaction. It was initially designed to facilitate, authorize, and log the trans...

Judging the man by his words: A look into Emmerson Mnangagwa`s presidency

That the man has a checkered past is undeniable! The manner in which President Mnangagwa got into power is rather curious, having been thrust into leadership through the now infamous military intervention, which was for all intents and purposes, a coup. His role during Gukurahundi, as President Mugabe`s security minister and head of the Central Intelligence Organisation (CIO), is something that will haunt him for as long as he lives, try as he might, to project himself in a new light, as a humane individual. Many of those people, especially in the Matabeleland region – then described by Mr Mnangagwa as “cockroaches,” for siding with dissidents – who bore the brunt of the Gukurahundi massacres will find it hard to forget President Mnangagwa`s words at a rally in 1983. “Blessed are they who follow the path of the government laws, for their days on earth shall be increased. But woe unto those who will choose the path of collaboration with dissidents, for we will certainly shorten th...