The Blu Accountant - not just numbers! || ๐ค Master of innovative ideas & fan of all things creative || Follow for finance ed, occasional rants & more! ๐คฉโ๐ธ๐ฑ
Weโre excited to announce that Mocha is now open to the public.
Available to every Sierra Leone phone number (+232) on WhatsApp to:
โข Bridge global digital dollars (USDC) with local Leones
โข Send, deposit, and withdraw instantly on WhatsApp, no new app, no barriers .
Yesterday in Dubai, I paid for my coffee with crypto. The processing time was almost zero. The world is changing. I know we ๐ธ๐ฑare always late to catch up, but young folks, we can start now to get on board. Itโs time for a new, innovative, and hungry Africa.
Pope Leo XIV is already a fashion icon. That outfit was magical and you saw the cardinals, shisssh? Donโt try the Catholics and their aura in session is beyonddd..
I get it,charging in USD is the easiest hedge in SL. But as a business person, watch the exchange rate weekly and price smartly. The index moves by 0.3/4 or less per week. All this, is me saying start charging in Leones. You are not selling in the US. Go ahead and convert later..
The U.S. maintains a trade surplus with #SierraLeone despite our existing 10% tariff on American goods. With the new reciprocal 10% tariff from the U.S., we should consider raising our own tariffs by an additional 10%. It wonโt erase the deficit, but itโll help narrow the gap.
@rollinglobalbah U.S. Exports to Sierra Leone:
โข2023: $93.6 million
โข2024: $119.9 million
U.S. Imports from Sierra Leone:
โข2023: Not explicitly stated, but imports increased in 2024
โข2024: $28.7 million
Trade Balance:2024: U.S. goods trade surplus with us was $91.1 million
The classic example of Behavioral Finance, the market can catch a feeling. Remember, itโs not just numbers; those numbers reflect how people think, feel, and react.
Letโs see how #Tesla weathers the storm, if at all. However, history tells us a reversal is always possible.