What is 'Bitcoin'. Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies. There are no physical Bitcoins, only balances associated with public and private keys.
The Minister of Finance predict that the budget deficit would be cut to 3.9% in 2015/2016 and 2.5% in 2016/2017. Despite steady economic growth, the average South Africanâs disposable income is declining as consumersâ battle higher high debt levels and increases to administered prices.
The NBA salary cap will reportedly increase for the 2017-18 season. On Thursday, Adrian Wojnarowski of The Vertical reported the NBA delivered teams a salary-cap projection of $101 million. The cap was set at $94.1 million for the 2016-17 campaign. Wojnarowski also noted the tax level is expected to increase to $121 million in 2017-18 after being set at $113 million this season. Salary cap &amp; luxury tax for 2018-19 NBA season not much higher than what @WojVerticalNBA reported for 17-18, I'm told.