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.
(Toronto, August 26, 2014) â Canadian employees can expect to see average base salary increases of 2.6% in 2015, according to a national survey of over 400 Canadian public and private sector employers conducted by Hay Group in June and July.ll other provinces are predicting increases of 2.1 - 2.6%, which are at or below the national average. Looking at the 2015 projections for major Canadian cities, workers in Calgary (3.2%), St. Johnâs (3.1%) and Saskatoon (3.0%) will see the highest salary increases.