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Mac wrote: R25,000 for one bitcoin now. A couple of years ago one bitcoin was worth about R1,500 and if you bought a couple of dollars worth a few years ago they would be literally worth millions. I was talking to colleagues at work about experimenting with a transaction to buy a bitcoin but was horrified to see that it was R25,000. Bitcoin investment will hide you from the tax loop, oh yes
But beware, extremely volatile.
Well, that R25,000 I saw Thursday has just grown into R29,000.
Mac wrote: Magi, got my first on Friday for Ripples, XPR
Sent from my iPhone using Tapatalk
Mac wrote: There is a rumor that Goldman Sachs is considering putting together a new trading outfit for cryptocurrencies.
If true, however, this is more than just another example of Wall Street and bitcoin getting closer.
The report does stress that Goldman may eventually pass on the project. Yet even if it does, it is indicative of an increasing acceptance in the upper echelons of finance that bitcoin is not going away, and that there is money to be made.