AFRICAN FOUNDERS BEAUTY EDITION
The African beauty industry has experienced tremendous growth in the past three years. Huge expansion of brands and export of products has been recorded. Our cover girl Valerie shared how she has sustained and managed her business over the years during our interview with her in page 32 as she has recently celebrated the tenth anniversary of R&R Luxury. Other interesting topics on Finance, Development, Career and Achievements you won't want to miss. Special thanks to our guest contributor Ubong of Kobo Accountant and Adedayo of CVM Career. Do not miss their columns on page 7 and 47 respectively, Every entrepreneur needs to read them.
The African beauty industry has experienced tremendous growth in the past three years. Huge expansion of brands and export of products has been recorded.
Our cover girl Valerie shared how she has sustained and managed her business over the years during our interview with her in page 32 as she has recently celebrated the tenth anniversary of R&R Luxury.
Other interesting topics on Finance, Development, Career and Achievements you won't want to miss.
Special thanks to our guest contributor Ubong of Kobo Accountant and Adedayo of CVM Career. Do not miss their columns on page 7 and 47 respectively, Every entrepreneur needs to read them.
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28 | AFRICAN FOUNDERS |FINANCE | JAN 2021
BITCOIN :
THE NEW
CURRENCY
By Chris Baah
here is an argument whether Bitcoin
Tshould be considered a currency.
Opposing views have been made.
According to The English Dictionary, a Currency
is money or other items used to facilitate
transactions. Bitcoin can be used to facilitate
transactions. Hence, it fits the bill. Bitcoin is a
Currency or just like the heading of this article
says, The New Currency.
Like all currency, one must know the value of it.
This is why in this article, we'll get to see the
origin of BitCoin, how it can be obtained and how
it can be spent
The Origin
Bitcoin cannot be mentioned without the
pseudonym Satoshi Nakamoto. From how Bitcoin
operates, it can be seen that Satoshi Nakamoto
created it in 2008 and widely recognised in 2009
for the purpose of making paperless, untraceable
transactions ; and in the case of some countries like
Ghana, unregulated transactions. A decentralised
system of trust-less cash system. Devised as a
system for removing the possibility of corruption
from the issuance and exchange of currency. Doing
away with the need for third-party operations.
Solely based on crypo-proof.
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