Izinkampani ZoMgcinimafa weBitcoin: Ukubuyekezwa Kwabatshalizimali baseNingizimu Afrika

Inkampani yomgcinimafa ye-Bitcoin iyibhizinisi esohlwini eliphethe i-Bitcoin njengempahla yayo eyinhloko ye-balance sheet futhi ikudayisela isabelo kulokho kubamba esikhundleni sohlamvu lwemali ngokwalo. Le modeli inenhlanhla eqanjiwe futhi iphinde yaqeda abantu uma i-premium incike ekuhwamukeni. Lokhu ukufunda kwami ngobuqotho ukuthi kusebenza kanjani, lapho ubungozi bucasha khona nalapho umuntu waseNingizimu Afrika engcono uma emane ephethe impahla.

Yeka ukuthi inkampani yomgcinimafa ikudayisa kanjani

Khipha ithikha futhi imodeli ilula. Inkampani ibhala ohlwini lokushintshisana, inyusa imali ngokukhipha amasheya noma isikweletu, futhi isebenzisa leyo mali ku-Bitcoin epake eshidini layo lebhalansi. Uthenga isabelo. Awuwuthengi uhlamvu lwemali.

Lowo mehluko uyisibuyekezo sonke. Umnikazi wamasheya uphethe ukulingana ebhizinisini impahla yalo eyinhloko i-Bitcoin, hhayi isimangalo ongakwazi ukusikhipha, usiqinisekise ngokumelene ne-node yakho noma uye esikhwameni osilawulayo. Inkampani ingumnikazi wempahla. Uphethe iphepha elibhekisela kulo. Intengo yamasheya ilandelela i-Bitcoin isikhathi eside ngoba uhlamvu lwemali luyi-balance sheet, kodwa ngamafasitela amafushane luphendula kwenye into ngokuphelele, futhi yilapho abantu belimala khona.

Incwadi yokudlala ayizange ibhalwe eGoli. Ngo-Agasti 2020 inkampani yesoftware yaseMelika ebizwa ngokuthi iMicroStrategy, selokhu yaqanjwa kabusha ngokuthi i-Strategy, yaqala ukuguqula imali yayo yaba yi-Bitcoin futhi ayizange ime. Imakethe ilinganise inkampani kusukela ekulinganisweni kwesofthiwe emaphakathi yaba enye yezabelo okukhulunywa ngazo kakhulu kule minyaka eyishumi, futhi ngo-2025 yabamba izinhlamvu zemali ezingaphezu kuka-500,000, isikhundla esikhulu kunazo zonke se-Bitcoin noma kuphi. Inqwaba yezinkampani ezisohlwini kulo lonke elaseNyakatho Melika, i-Europe kanye ne-Asia selokhu zakopisha lesi sakhiwo. Umbono wasuka ekubeni nelukuluku waya esigabeni cishe eminyakeni emine, okuwushintsho engilulandele ngokuningiliziwe kulo ukwamukelwa kwesikhungo seBitcoin.

Lokho amaphayona akufakazela kwakungakhululeki kwabangabazayo. Inkampani ayinakubamba lutho ngaphandle kwempahla eguquguqukayo, yenqabe ukuphuma kuyo futhi iklonyeliswe yimakethe ngenani elingaphezu kakhulu kohlamvu lwemali ezincwadini zayo. Lowo mvuzo uyiprimiyamu, futhi ukuqonda ukuthi uvelaphi umehluko phakathi kokuthenga imodeli ngamehlo avulekile nokuthenga indaba ongayifundanga kuze kube sekugcineni.

Kungani imali ejulile isebenzisa lo mnyango nhlobo

Izikhwama zempesheni kanye nemishwalense kanye nabaphathi bempahla abaningi basebenza ngokwegunya. Igunya liyincwadi yomthetho eshoyo lokho isikhwama esingase sikubambe noma esingeke sikubambe, futhi i-Bitcoin, njengempahla ephethe ehlala ngaphandle kwesimiso sezimali esivamile, ihlezi ngaphandle kweningi lalezo zincwadi zemithetho. Izabelo ezisohlwini azikwenzi lokho. Ngakho isikhungo esingavunyelwe ukubamba uhlamvu lwemali ezincwadini zaso singabamba amasheya enkampanini elubambele uhlamvu lwemali. Ukuchayeka kwezomnotho kucishe kufane. Isakhiwo sivunyelwe lapho impahla ingekho khona.

Yingakho imoto ikhona.

Umqondo ofanayo usebenza kuma-akhawunti omhlalaphansi aseMelika, lapho imithetho inyakaza ngamanani asohlwini kodwa ngokomlando ingahambisani ne-crypto eqondile. Izikhwama zomhlalaphansi zaseNingizimu Afrika zibhekana nohlobo lwazo lwalezi zingqinamba, yingakho uhlaka lungathola ukuhambisana kwendawo njengoba imakethe ikhula.

Isivele inonyawo. I-JSE manje isiklelisa i-Africa Bitcoin Corporation, okwakuyi-Altvest yangaphambili, njengenkampani yezimali ye-Bitcoin yokuqala yezwekazi, futhi ngadlula kulokho okushoyo kubatshalizimali bendawo engxenyeni yami ethi. Inkampani yokuqala yase-Afrika esohlwini lwe-JSE ye-Bitcoin. Imishini engiyibeke ngezansi isebenza kuyona njengoba isebenza ku-Strategy, esikalini saseGoli kanye ne-Johannesburg liquidity.

I-premium, kanye ne-flywheel egijima kuyo

Yonke inkampani yomgcinimafa inenani lengqikithi yempahla, engeyona into engaphezu kwenani lemakethe le-Bitcoin yayo ehlukaniswe ngenani lamasheya akhishwayo. Intengo yesheya ayikho ngaphansi kwesibopho sokuhlonipha leyo nombolo. Lapho isidingo sishisa uhwebo lwamasheya ngaphezu kwe-NAV, ngemali ekhokhwayo, futhi abathengi bakhokha kakhulu ngeyunithi ngayinye ye-Bitcoin kunezindleko ezifanayo zohlamvu lwemali emakethe evulekile. Khokha i-NAV ka-1 nohhafu futhi usukhiphe u-R1.50 kuwo wonke u-R1.00 we-Bitcoin ngaphakathi kwesisonga. Leyo phrimiyamu ibonisa inani imakethe elibekayo esakhiweni, emandleni abaphathi okuqhubeka beqongelela uhlamvu lwemali kanye nesidingo sokuqagela esivela kubantu abangakwazi ukufinyelela i-Bitcoin nganoma iyiphi enye indlela.

Nansi ingxenye ehlakaniphile, futhi ngifuna ukuyiphatha kahle ngoba ihlakaniphe ngokweqiniso. Inkampani ehweba ngaphezu kwe-NAV ingakhipha amasheya amasha, iwathengise ngemali engaphezu kwe-Bitcoin emi ngemva kwayo, futhi isebenzise ukheshi ukuthenga uhlamvu lwemali oluningi kunalokho elunikezile. Abanikazi bamasheya abakhona bagcina benesimangalo esikhulu ku-Bitcoin kunakuqala ngaso, uhlamvu lwemali oluningi ngesheya ngalinye ngaphandle kokungeziwe.

Kuyinto dilution ukuthi inothisa kunokuba dilution ukuthi ujezisa. Yingakho i-Strategy yaqala ukuzikala hhayi emalini etholwayo ngesheya ngalinye kodwa nge-Bitcoin ngesheya ngalinye, ibhodi lamaphuzu lapho okuwukuphela kwayo umbuzo ukuthi ingabe isabelo ngasinye sisekelwa uhlamvu lwemali oluningi kunangonyaka odlule. Qalisa lelo flywheel ngenkathi i-premium ibambe futhi ihlangana kahle.

Manje yigijime uhlehle.

Vumela imizwa iphole kuze kube yilapho isabelo sehla siye esaphulelo, ngaphansi kwenani lohlamvu lwemali lwalo, nakho konke ukugxumela kwe-lever ngesikhathi esisodwa. Ukukhipha amasheya manje kucekela phansi i-Bitcoin ngesheya ngalinye esikhundleni sokuyakha, ngakho ukukhulisa imali kunciphisa ngomqondo ojwayelekile obuhlungu. Ukuthengisa uhlamvu lwemali ukuze ubuyisele isitoko kuzovala igebe kodwa kwephula indaba yokuqongelela yonke into eyakhiwe phezu kwayo. Inkampani yomgcinimafa ebambelele esaphulelo iyisikebhe esinomoya endaweni engafanele, futhi abanikazi bamasheya bayo bathola ukuthi ukubuya kwabo akukaze kube okuguquguqukayo okukodwa kodwa okuthathu: inani le-Bitcoin, ukushwibeka kweprimiyamu kanye noshintsho lwezinhlamvu zemali ngesheya ngalinye. Thenga uhlamvu lwemali ngokuqondile futhi uphatha okuguquguqukayo okukodwa. Lokho kuwukuhweba ngomusho.

Izingozi engizenza amakhasimende zisho ngokuzwakalayo

Izinkokhelo yisimo sezulu, hhayi isimo sezulu. Uma isimo sengqondo sinamandla bayanda futhi lapho siba buthaka bangakwazi ukwenza isivumelwano ngokushesha kunokuba intengo ye-Bitcoin iwa, okusho ukuthi umninimasheya angalahlekelwa yimali yangempela enkampanini yomgcinimafa ngisho nangesonto lapho i-Bitcoin ingenzi lutho nhlobo. Leyo ungqimba lokuntengantenga olunqwabelene phezu kwempahla evele iguquguquka.

Bese kuba namandla. Eziningi zalezi zinkampani ziboleka ukuze zithenge uhlamvu lwemali oluningi kunalokho obekungavunyelwa ukulingana kuphela, futhi isikweletu siyisithembiso esinosuku lwaso. Uma i-Bitcoin iwela kanzima esikhathini lapho ibhondi ivuthwa, inkampani ezimisele kakhulu ingaphoqeleka ukuthi ithengise uhlamvu lwemali ukuze ihlangabezane nesibopho, okuphambene ngokuphelele nalokho umnikazi wesikhathi eside ake afuna ukukwenza. Ukuthengisa okuphoqelelwe ngezansi yindlela i-leverage eguqula ngayo ukudonsela phansi kube ukusula. Ngibuke imijikelezo eyanele kusukela ngo-2016 ukuphatha noma yisiphi isakhiwo esingaphoqeleka ukuthi sithengise ngesikhathi esibi kakhulu ngokusola kwangempela.

Kukhona ingozi yokuncintisana phezu kwezezimali, futhi kulula ukuyigeja. Imali ekhokhwa inkampani yomgcinimafa ngokwengxenye iyinkokhelo yokushoda, ekhokhiwe ngoba iminyaka ibingekho indlela eshibhile esohlwini yokubamba i-Bitcoin. Lokho kuswelakala kuyaphela. Ama-Spot Bitcoin ETF manje anikeza izimali nabeluleki indlela yephutha ehlanzekile, ephansi yokulandelela yokuba nohlamvu lwemali ngaphandle kwethimba labaphathi elithatha umbono wokuthi liwakhipha nini amasheya. Njengoba leyo mikhiqizo isakazeka, inkampani yomgcinimafa kufanele ithethelele i-premium yayo ngokukhula kwangempela kwezinhlamvu zemali ngesabelo ngasinye esikhundleni sokuthi bekuwukuphela komnyango ekamelweni. I-premium ekhokhelwe ukushoda ayiphumeleli ekufikeni kwenala.

Beka ukuchayeka futhi isithombe sithembekile. Umnikazi wamasheya wenkampani yomgcinimafa uthatha ingozi yentengo ye-Bitcoin, kanye nengozi ye-premium yemizwa, kanye nezinqumo zethimba labaphathi, kanye nanoma yini isikweletu esiyenzayo ngaphansi kwengcindezi. Izingozi ezine lapho ubunikazi obuqondile buthwala eyodwa. Akukho kulokhu okwenza imodeli ibe umkhonyovu. Kwenza kube ukubheja okusebenzayo, okulawulwa ngokukhuthala ku-Bitcoin kugqokiswe njengesabelo, futhi kufanele kuthengwe abantu abakuqonda kahle lokho futhi abafuna lokho kanye.

Ithengwe ngamehlo acwebile, ngosayizi ofanele, umnikazi ofanele, iyithuluzi elisemthethweni. Ithengwe njengesinqamuleli sokuba ngumnikazi we-Bitcoin ngumuntu ongaba umnikazi we-Bitcoin, iyindlela ebizayo yokuphambukela.

I-engeli yaseNingizimu Afrika, nalapho ngihlala khona

Kumtshali-zimali wendawo imizila ihlukanisa ngokuhlanzekile. Ungaba umnikazi we-Africa Bitcoin Corporation ngokusebenzisa umthengisi wamasheya ojwayelekile emahoreni angu-JSE, noma ungafinyelela amagama aseMelika ngezibonelelo zakho zaphesheya kwezilwandle, njengoba abantu baseNingizimu Afrika bangase batshale imali ngesabelo esisodwa sokuzikhethela futhi bathole isibonelelo esikhulu sokutshalwa kwezimali kwamanye amazwe nge-PIN yokuthobela intela. Imithetho yokulawula ukuhwebelana kweReserve Bank iyasebenza emzileni wasogwini, ngakho-ke ukubika kufanele kwenziwe ngendlela efanele kunokuba kuthathwe ngokuthi. Ubunikazi besabelo somgcinimafa, kungakhathaliseki ukuthi ngelendawo noma phesheya kwezilwandle, kusho ukuthi inkampani iphethe ilungelo lokugcina ngomhlinzeki ongamkhethanga futhi ongakwazi ukumshintsha, okuphambene nokulawula okwenza I-Bitcoin ifa lomphathi kuwufanele ukubamba endaweni yokuqala.

Okwami ukuma akumangazi kunoma ubani ofunde kuze kube manje. Kumuntu oyonga ngaphezu kweminyaka emihlanu kuya kweyishumi ngiyemukela ngeBitcoin, ngifuna ikhasimende libe ngumnikazi wempahla ngokwalo, okhiye ezandleni zabo, akukho premium futhi akukho mlingani phakathi kwabo nohlamvu lwemali. Lowo ngumsebenzi engiwenza kwa-SimplB, kusukela ekuzigcineni okuqondisiwe ngokusebenzisa i-2-of-3 multisig Vault yokubamba izinto ezibalulekile. Kumqondisi onesisindo sombuzo ofanayo mayelana ne-balance sheet yenkampani, i-accounting yendawo kanye ne-South African Revenue Service (SARS) sezikhona izimpendulo futhi ngizibeke phakathi. I-Bitcoin njengempahla yebhizinisi yomgcinimafa eNingizimu Afrika.

Inkampani yomgcinimafa ayilungile. Lenza umsebenzi othile wemali engakwazi ukufinyelela i-Bitcoin nganoma iyiphi enye indlela, futhi kuleyo mali iyithuluzi langempela neliwusizo. Kubantu abaningi abangibhalelayo, kuyinkokhelo kanye nezingozi ezintathu ezengeziwe eziboshelwe empahleni abangaba ngabanikazi bayo ngokuqondile. Ngaphambi kokuthi uthenge noma yimaphi kulawa masheya, yenza isamba esisodwa ithikha engasoze yasibonisa yona: hlukanisa inani lemakethe lenkampani ngenani leBitcoin eyiphethe. Inombolo eseduze neyodwa isho ukuthi ukhokha inani elifanelekile lohlamvu lwemali kanye nethimba labaphathi. Inombolo engaphezulu kweyodwa isho ukuthi ukhokha leyo nombolo ngerandi ngalinye le-Bitcoin ngaphakathi, futhi udinga umbono oqinile wokuthi kungani leyo premium isinda. Uhlamvu lwemali ngokwalo luhlala luhweba endaweni eyodwa.