Dede Sophie

Discussions are underway to establish a sister-city initiative between Papua New Guinea’s Capital Port Moresby and Da Nang city in Vietnam. This was agreed to in a bilateral meeting between Foreign Affairs Minister Justin Tkatchenko and Vietnam’s Foreign Minister Bui Thanh Son during the APEC Summit in Bangkok, Thailand. PNG Minister Tkatchenko, who is also the Member for Moresby South, said he fully supports the initiative, because it opens many opportunities for the nations capital. Vietnam’s Foreign Minister said Da Nang is one of the fastest growing cities in Vietnam and is an attraction for tourism and other sectors. NCD Governor Powes Parkop, who also sat in the meeting, expressed keen interest in the management systems that Vietnam employed to maximise their Special Economic Zones.  He said Vietnam is leading in terms of that model of stimulating that economy and creating employment and businesses – an area Port Moresby can venture into mainly in agriculture, fisheries and touri

Can you hack cash aka paper currency? Of course you can’t, same is the case with Bitcoin protocol. You can’t hack electronic cash but you can rob a bank or an exchange . Similarly you can’t hack the bitcoin algorithm but you can hack the digital banks ( wallets ) and exchanges . The important question to ask here is: Which one is more vulnerable when it comes to security of your wealth: Cash or Bitcoin? The answer is: Bitcoin is surely the most vulnerable currency ever made in history! To rob a bank, you need to put your life in danger, team up with a group of robbers and take up guns and explosives but to rob a Bitcoin wallet, you just need a good laptop! Believe it or not! Just as I was writing, I discovered that on Jan 26, 2018 , one of Japan’s largest Tokyo-based digital currency exchange CoinCheck had been hacked, resulting in the theft of $534 million worth of NEM , and making it the biggest cryptocurrency theft in history far bigger than that of MTGOX where $450 million w