Dede Sophie

Acting Governor of the Bank of Papua New Guinea Benny Popoitai has warned that developing economies, like Papua New Guinea would be adversely affected with high prices due to lack of social safety net programs and limited financial resources to minimize the impact, as economies are still recovering from the impact of the COVID-19 pandemic. Global inflation increased significantly in the first half of 2022, due to rising fuel and gas prices, and food grains reflecting the impact of the Russia-Ukraine war. PNG Central Bank /File Photo  In the Quarterly Economic Bulletin December Quarter 2021, Mr. Popoitai stated that the higher prices are expected to remain elevated as Russia continues to show no signs of ending the war in the near future. In light of this, the Government has introduced temporary relief measures, including raising the income tax threshold and providing tax exemptions on essential refined fuel products to relieve consumers of higher fuel prices. NBC News / PNG Today Next

Back when bitcoin was first invented, the peer-to-peer aspect of it was the immediate intention of Satoshi Nakamoto . This is complimented by its decentralized nature. This means that we were always intended to trade with one another using a currency that is easily accessible by the public. Although the peer-to-peer aspect of it was in the intention of Mr. Nakamoto, not a lot of people understood what it was and how it worked…. Or even what it meant. It because the duty of those familiar to spread the good news of the coin. Since its creation, we have now seen many bitcoin exchanges pop up. Bigger companies started taking over with their own system to help people buy/sell bitcoin . These bigger companies established and started the “ traditional ” way of trading. In this article, I’m going to be explaining the difference between a traditional exchange and a peer-to-peer marketplace. I’ll also explain why it’s better to buy bitcoins on a peer-to-peer marketplace. The many differences b