ERATO BRYN

                                               credits: alphacard.me Payments giant VISA could soon add Bitcoin and other cryptocurrencies to its expansive payments network, CEO Alfred Kelly said during an online appearance last week. However, despite the words, Kelly is not entirely convinced of the broader use case of cryptocurrencies so far. The payments veteran said that while Bitcoin was among the most widely used and known cryptocurrencies, its function was more like “digital gold” and that it was “not used as a form of payment in a significant way at this point.” Cryptocurrency services are, so far, allowed only for exchanges and wallet providers who receive fiat from a customer and exchange it to crypto on their end. This means that whenever a customer uses a “crypto card” at a retail merchant, the  actual  crypto itself does not interact with the VISA network. Instead, the exchange sells an equivalent amount of crypto, and VISA processes the payment in fiat. But Kelly says tha

               There has been quite misconstrued versions of stories surrounding cryptocurrency investments, and especially the most renowned one- Bitcoin (BTC). While it is agreeable that hoaxes and scamming has been rampant in the recent past over what con men term to be "bitcoin investment", finding a real and verified cryptocurrency trading platform will ease the hustle of you being a target to cons.            I was introduced to cryptocurrency by a roommate from my days in Campus. I was suspicious of the idea and I therefore "blew" a whooping Kshs. 100 to purchase my first bundle of bitcoins. That was about six years ago. I forgot about the a hundred shillings as they wouldn't be sold at a value worthy enough to satisfy my needs. September 2020, I was fixated! The idea of my crypto-trading account crossed my mind, however I grew numb because I had forgotten the password and had also lost the paper code to help with my login. I therefore requested a passwor

The Australian government is planning to spend AUD 190 billion (USD 132 billion) to support the economy in response to COVID-19, according to the latest Parliamentary Budget Office estimate. The total impact of COVID-19 on the government’s net debt, including both revenue impacts (down, because of less activity) and spending impacts (up because of spending to support the economy) amounts to between 11% and 18% of gross domestic product, or AUD 500 billion to AUD 620 billion. The estimates are based on the three possible scenarios developed by the Reserve Bank: “downside”, “baseline” and “upside”. Each differ in their assumed timing of the relaxation of social distancing and other restrictions, and for how long uncertainty and diminished confidence weigh on households and business activity. With similar blow-outs around the world, a view gaining ascendancy, including amongst commentators such as Alan Kohler, is that government debt doesn’t matter – provided the government owes the money

Image:itsnewsafrica After reading that Excerpt in a local Newspaper of a warning from the Kenyan Government to those carrying out operations with Crowd1, I delved into the matter and dug deeper to understand what really Crowd1 is.? Here are some of the countries that Crowd1 have been red flagged with reasons. My experience with them too. JOHANNESBURG, SOUTH AFRICA : the regulator of Financial Services Providers (FSPs) has issued a public warning about Crowd1 being a suspected pyramid scheme that has been banned in Namibia and the Philippines. ‘Crowd1 is neither an authorised FSP nor a representative of one, and there is also no record of it having applied for a licence with the FSCA’, the regulator said. The FSCA has referred Crowd1 to the SA Reserve Bank, where it is being investigated. This is after reports surfaced of Eben Etzebeth and Duane Vermeulen- Springbok Rugby Players, being investors in Crowd1. The       FSCA is advising the public to only contract business with regi

From monetary policy mishandling to decentralisation of a wealth store, Bitcoin has proven to act as a solution to many financial problems. Bitcoin could also be a lead solution to Venezuela’s sanctioned oil now floating at the sea. There is more than 18 million barrels of Sanctioned oil belonging to Venezuela currently not in good use but just floating on the sea.   Venezuela is one of many countries under strict sanctions from the United States. The US has been applying pressure to the country recently, seeking to cut off revenue flow to the regime. President Nicolas Maduro launched a cryptocurrency backed by oil, the petrol, in an attempt to skate sanctions. Trump banned the cryptocurrency in the United States. Due to the sanctions, and conditions in the oil market, Venezuela has over 18 million barrels of oil just floating at sea. This amounts to roughly two months of production in the country, unable to be monetised due to sanctions.   Countries won’t do business with Ve

  Here is walk-through of the 3 favourite new features in Android 11.   Conversation Notifications. The previous versions of android would have notifications flowing through inconsistently, timely messages would be hidden under less important app notifications. In Android 11 however, notifications for conversations can be categorised into three’s where the most critical messages always slide in at the top.   These categorisation tiers also apply to specific conversations within different messaging apps. (Notably, these are referred to as Conversations in the Android 11 settings panel.) For instance, you can choose whether a beloved group text in Android Messages gets priority over the ongoing thread with your immediate family in WhatsApp. Long press on an individual conversation in the notification shade to categorise it. If it’s classified a Priority, you’ll see a tiny, unique icon indicator populate in the status bar when there’s a new message within that specific thread.

Binance, one of the largest cryptocurrency exchanges in the world, recently announced that they successfully upgraded its trading platform. Earlier, Binance announced that they were going to upgrade their trading platform, the upgrade took about 2 hours. All deposits, trading, and withdrawal were disabled on spot and margin trading, P2P trading, OTC Portal trading, savings & redemption, as well as asset transfers from sub-accounts at the time of the upgrade.   The company has had major upgrades since 2017. Some were noticeable and some were not. Many Binance upgrades were aimed towards improving the performance of the trading platform, as well as giving the best user experience to their users.   A year ago, Binance introduced staking, lending cryptocurrency, and margin trading. Not only that, but Binance has also introduced other projects since the start of 2020, which includes Binance P2P and Binance B2B. Binance P2P operates similarly to LocalBitcoins and Paxful , it a