SA Crypto

Interview with Richard de Sousa (Aug 2019) about CryptoFest, Digital Gold, Bitcoin Maximalism, & Future of Society!


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In this interview with Richard de Sousa, CEO of AltCoinTrader, James asks about their recent launch of Gold and Silver on their platform, and what the response has been like. He also delves into the future of society thanks to the blockchain technology, and even touches on Bitcoin maximalism.

You can watch to the video version of the interview here: https://youtu.be/RQ-Lrc9hqHg

Full list of questions covered in this interview:


- Were you the founder of Netspace? What services did Netspace offer?
- What did you do with Netspace after you got ACT up and running?

GOLD AND SILVER

- How has the response been to digital gold and silver?
- Could you elaborate on how you peg the price to the value of the real precious metals? (If the digital versions of the Kruger coins were much cheaper, people would buy and then cash out via your withdrawal by courier system. If much more expensive people wouldn’t invest or trade - so surely you have some form of algorithm stabilizing the price?)
- Have you had anyone withdraw their Kruger coins yet?
- Who are the retail partners? A single chain, or a number of chains linked in a partnership?
- Will you ever introduce deposits via the retail partner? This could provide arbitrage opportunities for speculators.


CRYPTOCURRENCIES
- As a South African exchange, can you tell us how much data and information the SARB and FSC ask from you?
- You’re the only exchange in Africa to offer the BTT airdrop. How have you found Tron’s honouring of this airdrop, and what are your thoughts on their move with BitTorrent?
- How does ACT choose new coins to list? Is there a listing fee if projects approach you?
- You offer Bitcoin SV, on your exchange. What are your thoughts on the Bitcoin forks controversy? Do you think there is even room for BSV?
- You’re a headline speaker at Cryptofest, one of the first events of its kind in Africa. How would you rate the current cryptocurrency investment climate in South Africa?
- How do you see cryptocurrencies impacting/affecting the geo-political future of our societies, if at all?

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