The date is 08.03.2019. The then businessman - Mr. Asen Vassilev, publicly claims that the effective tax on a salary of 3,000 leva in Bulgaria is nearly 50%. In this calculation, Mr. Asen Vassilev also adds the social security contributions due with the clear understanding that this money is being spent on "one big theft, garnished with ...
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Why the maximum social security income should not be raised
This weekend, the negotiations for a government between "We Continue the Change", "There Is Such a People", "Democratic Bulgaria" and the "Bulgarian Socialist Party" ended. Or at least the public part of them ended - the one that was broadcast live on the Internet. From what we saw, the negotiations generally went in relative harmony between the positions of the individual parties. Some …
More »How to survive DSB
"As long as the right is led by Boyko Borisov, it has no chance to rise" ~ Ivan Kostov A threat of institutional death has loomed over all possible coalition partners of the new leading force in the person of "We Continue the Change". Slavi Trifonov's people are pushed into a corner by their political failures and contradictions. The Socialists must ...
More »What is Bitcoin Part II: The Cryptography Behind Cryptocurrencies
Author: Stilgar This article aims to introduce non-programmers to how Bitcoin works on a technical level. How is it possible that there is no central server and no one controls it? Although the explanation is simplified, this is not a text with inaccurate metaphors, but a serious description with mathematics. Although …
More »With all this salt, you still don't understand "Vazrazhdane"
In the photo: Protest of "Vazrazhdane" against the "Borisov" cabinet Kilograms of salt are piling up in the cleverly beautiful corners of social networks. Anti-vaxxer-fascists will be in the next National Assembly and there, like all other nationalists so far... they will sell passports and overdo it with stimulants. Or maybe not. In fact, even mainstream sociologists already feel that things are ...
More »What is Bitcoin Part I: The Fundamental Problem It Solves
What is Bitcoin? What is it for? What problem does it solve? What is this “cryptocurrency” anyway? And why does humanity care about something like this? Thirteen years after its creation, Bitcoin (and along with it other cryptocurrencies) remains a mystery to the average person. Even many specialists and experts in the fields of computer science, …
More »How builders could protect themselves from drastic changes in market conditions
Author: Georgi Vassilev, attorney at law firm "Benov, Vassilev and Natskov" "Builders stop selling greenfield properties", "Because of the jump in prices, greenfield property deals are stopped", "Shock for the property market! Greenfield deals are stopped" - these and other similar headlines have abounded in the media space over the past few months. The reason for …
More »Is the rebranded "Facebook" a good investment?
Over the past two weeks, Mark Zuckerberg has faced a fair amount of ridicule for his announced rebranding of Facebook into a new company called “Meta Platforms Incorporated.” The goal is to unify all the activities of the various businesses that are part of the Facebook group. In addition to Facebook itself, this includes other social …
More »The government's shameless propaganda on the euro issue
In the photo: Ivaylo Hristov, Deputy Minister of Finance Last week, at the two-day banking and financial forum of Manager magazine, another propaganda "discussion" was held regarding the pros and cons of Bulgaria joining the eurozone. I call it propaganda because this is another "discussion" in which only ministers, employers ...
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EKIP– Expert Club for Economics and Politics A Different Opinion