The Savey Fox Blog

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How to Secure your Cryptocurrency Wallet in 2020

The biggest promise of the blockchain technology is security. Through its distributed ledger that makes the chain, the blockchain makes it impractical for a hacker to enter into your cryptocurrency wallet and steal your coins. While blockchain is the blueprint of internet security, the technology doesn’t offer a completely secure system for its users. Although…

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AMBD position on cryptocurrencies

AMBD Reiterates their Position on Cryptocurrencies

A while ago I wrote a short piece on AMBD’s position on cryptocurrencies and how it wasn’t legal tender. A few weeks ago our monetary regulators issued an addition to their previous statement. This was to remind the public on their stance and provide additional information with regards to things that fall onto their jurisdiction. This…

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is bitcoin legal in brunei

Is Bitcoin Legal in Brunei? – AMBD’s Response

Over the time I’ve posted articles about Bitcoin, we’ve been on a rollercoaster ride in price action! Near the end of 2017 saw it reaching around USD20,000 only to plummet to around USD10,000 recently. For those of you not used to this ride, welcome to the Wild West Life of Cryptocurrency! In seriousness, though, there’s an…

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little guys mining bitcoin

Mining Bitcoin in Brunei – Is it Profitable?

A while after I posted about Bitcoins in Brunei, I’ve received some questions about mining bitcoin. I’ve personally been interested in mining bitcoin before that but never actually started. One of the reasons for this is the actual startup capital needed to do it is no small value; hardware costs are in the thousands. Secondly, I…

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