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 …

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 ...

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, …

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 …

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 …

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 ...

I met Vlado ten years ago in the bar on the corner of Rakovska and Vasil Levski. He came on a motorbike and quickly asked me about pressing economic and political issues – I was in a sort of interview. Karolev was running for mayor and was looking for a campaign assistant, I was recommended to him as his …

The imposition of green certificates requiring vaccination for admission to certain public places has caused a severe division in Bulgarian society. For better or worse, the entire conversation “for” or “against” restrictive measures against the unvaccinated revolves precisely around the question in the title, which unfortunately is not put into a sufficiently detailed context by …

October 1 marked exactly one year since Bulgaria officially joined the EU Banking Union. The accession was accompanied by great fanfare from public experts, politicians, and of course the government of Boyko Borissov himself, who in April 2020 announced Bulgaria’s accession to the ERM-II exchange rate mechanism and the Banking Union …

The Banking Union creates incentives for decapitalization and destabilization of our banking system. The Banking Union would most likely not help restructure local banks. Bulgaria no longer has its own bank resolution fund. In such a situation, the cost of bank bankruptcies falls through the budget onto Bulgarian taxpayers. On October 1, 2020…