Skip to main content

Posts

Land Rights in Kenya: Land Rates and Taxes.

  in 2015 having been suspended in 1985. CGT is charged at the rate of 5% of the gain. There are various exemptions on CGT provided under the ITA. The tax on rental income is a tax arising from the gains and profits for occupation of property. The ITA provides for various ways of taxing rental income; Where the rent is payable to a non-resident, the tenant is required to withhold 30% of the rent and remit it to the Kenya Revenue Authority. The tax withheld is a final tax. Where the rent is payable to a resident, if the property is commercial, the tenant being an appointed agent, is required to withhold 10 % of the rent. The tax withheld is not a final tax and the landlord is required to file their income tax in the usual way. Where the rent is payable to a resident and the property is residential, the landlord may opt to either pay a monthly rental income tax, computed at 10 % of the gross rent a (final tax) or pay the instalment tax and final income tax in the usual way. Stamp dut...

Here's Why Ethereum Is the Next big thing after Bitcoin

Is etherium the future of crypto? KEY POINTS The value of Etherum's token has spiked over the past few years. New markets are being created using the Ethereum blockchain. The Ethereum community is both large and fast-growing. The popularity of the Ethereum blockchain should drive up its crypto token's value for years to come. There are a few good reasons why Bitcoin ( BTC 1.01% ) gets a lot of attention from crypto investors. For one thing, it was the first cryptocurrency. And second, its value has reached meteoric highs, with a gain of more than 300% over the past year.  Finding the next Bitcoin has become the primary focus for some crypto investors, and for them, I propose that they turn their attention to Ethereum ( ETH -1.23% ). There's no guarantee that Ethereum will reach the same value as Bitcoin, of course, but there are several important reasons why this crypto and its underlying technology could make it just as critic...

ARMS RACE

"Arms race" is a term generally for the advancement and increased quantity of weaponry and forces, in a militaristic sense. If every country has swords, they're on a pretty level playing field. If one gains archers, the rest must follow suit to avoid an easy slaughter. This gradually goes higher and higher, from black powder muskets to bolt action rifles, to semi-automatic and automatic rifles, eventually to tanks, aircraft, and nuclear weapons. The interesting thing is that to be a respected country, you have to be as dangerous as any other country. At least pose some threat to life of a nation's citizens and only then are you guaranteed the option to negotiate. This term is also quite applicable to many other parts of life. Some would say with computer security, and I disagree. Security is less about brilliant technology and more about plugging holes. At most advanced, it's mostly about isolating holes. So even as the hacker's toolkit gets more advanced, the...

Surfing Onion Services with Firefox

  Surfing Onion Services with Firefox If you just want to surf Tor Onion Services with your normal Firefox Web Browser without anonymity, here's a simple way: Create a text file with the following content somewhere in your file system: function FindProxyForURL(url, host) { isp = "PROXY ip_address:port; DIRECT"; tor = "SOCKS 127.0.0.1:9050"; if (shExpMatch(host,"*.onion")) { return tor; } return "DIRECT"; } Note that this requires a running Tor service on your system with the SOCKS port 9050 configured. Next, enter this in your Firefox address bar: about:preferences#advanced Select the Networking tab and enter the Connection settings. Select Automatic proxy configuration URL and enter the absolute path to your text file, with file:// appended. For example: file:///home/thesaharachronicle/.tor-proxy . Also, make sure that Remote DNS is ticked Firefox Proxy Settings Now...

How Are the Silk Road, the Dark Web and Bitcoin Connected?

In its early years, Bitcoin quickly emerged as the payment method of choice for illicit entities actively facilitating illegal trades on the dark side of the internet. It is hard to discuss the history of Bitcoin without mentioning its famed connections with the dark web and how such affiliations were used as the major argument against the viability of digital assets. Particularly, the first online dark web marketplace, the Silk Road, relied heavily on Bitcoin as an alternative to conventional and highly-censored payment systems. In this piece, we will take a closer look at the emergence of the dark side of the internet and how Bitcoin was caught in its web.  What Is the Dark Web? The dark web is the direct opposite of the internet system we have come to accept — a system where we usually don’t think twice about trying to preserve our anonymity or control who gets to see our personal data — we just use the services everyone else uses and who knows what info we are unwittingly givin...

Networking design of a decentralized Internet

  Networking design of a decentralized Internet     Hey everyone, I've been thinking through mesh net concepts and how a new, more decentralized, the internet could be built. Or merged in, rather. This will probably consist of a few decent thoughts mixed in with some unbacked rants and statements, so please bear with me. I have little concept of wireless networking and effective mesh networking, so not all of my ideas may come together. Ideally, we'd have a mix of both. Run some CAT-5 to your neighbor, bury some fiber to your friend a km away, and connect to a mesh network. Wireless is extremely complex but lets us work without wires where impractical, too illegal, and where we're not ready for them. We should find a way to mix and blend our layer 1 friends without making the others suffer. Layer 3 thoughts: Scrap the notion of IPv4 altogether. We can do fancy things with I...

two-stage bitcoin mixing

  Two-stage Bitcoin mixing "Mixing" is a term often used with Bitcoin, regarding the trading of coins for the sake of disconnecting your identity from one end of the trail. It can help anonymize your cryptocurrency exchange by working with new coins that have a different history, while yours move on to have new lives of their own. Of course, Bitcoin Cash, Litecoin, and Ethereum also have mixers. Some also call this "tumbling" or better this way: . Bitcoin mixing or bitcoin tumbling is the procedure of using a third-party platform to break down the connection between the Bitcoin sender’s and receiver’s address by blending up several cryptocurrencies together in one place, thereby, ensuring anonymity.   If an individual knows even one of your account addresses, it becomes easy for him to trace down many intricate details about your transaction history like your crypto exchange unit, your trades & even your worth. You can be hacked with...

Craig Wright Is Satoshi Nakamoto

  Craig Wright Is Satoshi Nakamoto 2021-09-29 Maybe later I'll cite some sources here and give some explanation. I've been around Bitcoin for a long time, most of you who know me will know that. I'm happy to tell my stories there if you are interested. I don't mean to say I'm magically qualified to make this claim, but I like to think I have a little bit of weight on the topic of Bitcoin than a complete outsider or someone who bought at $19k. Craig Wright is (probably) Satoshi Nakamoto. You may not like him or what he stands for, and that's fine. You may be taken off guard that he's not a super anarcho-capitalist, anti-statist (I was). But more than likely, he is. He openly claims it on video, in court cases, in copyrights, and is setting himself up for a ton of trouble if he's not. Maybe he knows Satoshi is dead and he can "take his place". Not a bad theory....