BlockWise

We had a splendid ask me anything (AMA) on the 29th of October 2022. If you missed our AMA, here are a few insights we shared:

1. Bitcoin was created as a response to the 2008 financial crisis and is a good store of value over a period of time.

2. Bitcoin is likely going to have a positive uptrend in the coming months given the current macro-economic environment.

3. Bitcoin rose by approximately 690,651% between November 2012 and October 2022.

4. Ethereum was created in 2015 as a global virtual computer aiming to provide a system that gives users more control over their data, and it also allows for applications to be built and run on the blockchain.

5. Use cases of blockchain technology include but are not limited to decentralized finance, payments, data sharing, tokenized assets, non-fungible tokens (in real estate like Propy, entertainment industry, escrow systems, secure claims in insurance).

6. Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) to make the blockchain less energy intensive and scalable.

7. Unlike with banks, transactions are peer to peer meaning that it’s faster to send money using Bitcoin over banks.

8. Data store on a blockchain is encrypted which gives it a level of privacy and security compared to data stored in the traditional cloud systems.

9. Enterprise blockchains are going to do to companies what email did to the postal industry.

This is just a tip of the iceberg on what we shared. Follow us for more insights and updates around cryptocurrency investment.

Are you finding it difficult to start investing in Bitcoin? Is it hard for you to understand the technology behind Bitcoin and other cryptocurrencies. We have got you covered.

We will host a free ask me anything (AMA) session on Bitcoin investment and blockchain technology on the 29th of October 2022.

We will be answering questions around Bitcoin investment and blockchain technology including but not limited to:

1. Fundamentals of Bitcoin, Ethereum and other popular cryptocurrencies.
2. How to open a wallet and receive or send Bitcoin
3. How to buy or sell Bitcoin and other cryptocurrencies.
4. How to create a cryptocurrency portfolio
5. Tool use in cryptocurrency investment.
6. How to open and use a crypto exchange.
7. And more.

To book for your seat, contact us:

WhatsApp: +263774897216
Email: [email protected]
Venue: 23 Hurworth Road, Highlands, Harare.

In case you missed this week’s market fundamental news, here is a quick summary:

1. UK inflation hits 10.1%, the highest in 40 years as the Eurozone reaches a new all-time high at 9.9%.

2. Fidelity to start offering ETH custody and trading services next week.

3. South Africa declares crypto to be financial product subject to financial services law.

4. French bank Société Générale receives green light to operate digital asset services.

5. The European Union Financial Service Commissioner urges the US to come up with crypto regulations.

6. $940 million worth of Bitcoin moves off Coinbase fueling speculations of accumulation of BTC.

7. Polygon partners with Nubank to open a gateway for 70 million people access to the Web3.0

Follow us for updates and insights on blockchain and cryptocurrency investment.