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Bitcoin Versus Talents*

Bitcoin Versus Talents*

A lot of people are getting very excited about Bitcoin and other crypto-currencies. Some even question the efficacy of Talents now that there is a global ‘replacement’ for regular money in the form of the crypto-currencies. Bitcoin is the first major innovation in money in nearly 400 years: It is a private-sector money, not controlled […]

What is exchange?

What is exchange?

The word exchange appears frequently in the Cape Town Talent Exchange and the Community Exchange System but we rarely see it used in the regular Rand economy. Is there no exchange in the Rand economy; only buying and selling? From an early age we learn that if we can ‘get’ money then we can ‘get’ […]

Tip: Checking balances

Tip: Checking balances

If someone contacts you about something you are providing on the Talent Exchange, you should always check their trading record before agreeing to provide what you are offering. Many members are deeply in debit, meaning that they have received more than they have given. Some are right at the baseline of their debit limit (T500 […]