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Cryptocurrencies

Cryptocurrencies

“Gentlemen, you can calm down. The printing presses run day and night again in three shifts”. Those were the words of Rudolf Havenstein German President of the Reichsbank during the Weimar Republic Hyperinflation (1921–1923). German went on further to experience record breaking inflation rates that year because of money printing. They thought printing more money …

Bitcoin, a currency founded in 2009 has had its fair share of controversy with Warren Buffet calling it a mirage while others such as Richard Branson raving about its potential in the new digital economy.  Just like the sentiment around Bitcoin, its value has been a roller-coaster with extreme jumps and equal downward momentum. What …

The value preservation agenda is becoming increasingly difficult in this volatile climate and it appears that the hunt for assets that can at least beat inflation is on. We have witnessed reports of people flocking to obvious pyramid schemes to ‘invest’ in unknown assets. While desperate times do call for desperate measures, one of the …

In the Bible, in Genesis Chapter 11, there is one of the most extraordinary stories that depicts the relationship between God and Man.  In this story of the Tower of Babel; Babylonians discover a plain in Shinar and plan to “make a name for themselves” by building a mighty city and a tower with its …

Piggy has been hearing some disturbing news in the market that Zimbabwe is looking to come up with a new currency by the end of the year. Of course, there are questions on whether the country is ready for its own currency given the macro-economic constraints such as inflation, budget deficit, limited foreign direct investment …

Globalisation, innovation and technology have not only changed the way people live but also impacted consumer trends. Consumers now have new tastes, are more mobile than ever and are targeting new markets and asset classes. Increased mobility and new technological trends are demanding that consumers be in full control of their money and have a …