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The 88Minds Blog

Plain-spoken guides to crypto, forex, payments and property — written by people who build the products, reviewed by the people accountable for them.

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News

Is it true that SA’s unemployment rate is 33% or 10%?

Capitec CEO Gerrie Fourie recently claimed SA’s unemployment is closer to 10% than the official 32.9% if we count the enormous informal sector which, by some accounts, represents…

80eight Team2 min read
Trading

Japan, the canary in the coal mine

Japan, as you can see below, is the world’s largest holder of US debt. What happens if, and when, it has to call up that debt?

80eight Team3 min read
News

Macro Monday

Market Recap Looking back at last week, we saw a mixed bag of figures, the main highlight being the U.S. Federal Reserve Minutes and elections in the United Kingdom and France.

80eight Team3 min read
Crypto

MicroStrategy’s Book Value Versus Its Market Value

MicroStrategy and the Accounting Dilemma MicroStrategy (MSTR) has a book value per share of $12.62, which is what each shareholder would theoretically receive if the company went…

80eight Team2 min read
News

MicroStrategy’s huge gamble on BTC

MicroStrategy is a data analytics company, founded by Michael Saylor (who has since handed over the CEO post to Phong Le).

80eight Team2 min read
Crypto

Not a bad year for the barbarous relic. Even better for bitcoin.

Gold was up 27% in 2024, and the S&P 500 24%. Not bad for a “barbarous relic,” as economist John Maynard Keynes described gold in 1924.

80eight Team2 min read
Forex

Remittance is a huge (and expensive) business

Remittance is a Huge (and Expensive) Business If ever there was a market begging for disruption, it’s remittances.

80eight Team1 min read
News

SA public sector workers earn 50% more than the private sector

Stats SA puts the average monthly salary in SA at R28,220 in the third quarter of 2024, which is 6.6% higher than it was the previous year.

80eight Team2 min read
News

SA’s evaporating manufacturing sector

The chart below is concerning on so many fronts. It shows manufacturing as a percentage of South Africa’s GDP falling from 25% in 1980 to less than 13% today.

80eight Team1 min read
News

Scam city

Most of us in the financial sector have had family members who fell for a scam of some sort.

80eight Team4 min read
Crypto

Should I invest in Bitcoin or Altcoins?

Those who were around at the birth of the internet may remember the competition for internet dominance: Gopher or the World Wide Web (www).

80eight Team2 min read
Crypto

Signs of a bull market in its infancy

The chart below from Crypto Quant shows something quite extraordinary. Pay attention to the blue line. It shows reserves on crypto exchanges falling… and falling.

80eight Team1 min read