What's astonishing is the e-commerce in Africa👇🏼
The African e-commerce market is projected to reach ~$20 billion in revenues this year with a CAGR of >17% up to 2024. It’s the next BIG Thing 🚀
Under the new exempt offerings rules:
Reg D allows up to $10 million
Reg A Tier 2 allows up to $75 million
Most exciting:
Reg Crowdfunding / Reg CF: Now allows companies to raise up to $5 million from non-accredited investors, advertising is allowed
This is huge! 🚀🇺🇸👍
Hey Goldman Sachs, 2014 just called and asked for their talking points back.
Bitcoin was declared a commodity by the CFTC in 2015 in the Coinflip order...so yea it's an asset whose price is set by supply and demand. Just like gold. Just like oil. It's a commodity.