Cryptocurrency: which alt-coins are the globalist corporations backing and why?

[Jayke]

With the mass adoption of cryptocurrencies recently it seemed like a good time to take my cryptocurrency portfolio a little more seriously. This thread will be for the deep dive research I’m doing behind various cryptocurrencies on the market, with the goal of making solid long term investments. If anyones thinking of getting into the crypto market, consider this a basic guide on how to get started. Although this isn’t investment advice, I’m just sharing the various plays I plan on making. Please do your own due diligence and if you plan on playing the crypto casino, only invest what you’re prepared to lose as all of this could easily come crashing down at some point and you’d be left with nothing. With that caveat out the way, lets begin…

Bitcoin has surged to $40,000 dollars recently and I’m putting it down to 3-4 main factors.


The announcement back in October 2020 that Paypal was going to integrate Bitcoin and crypto spending in their online wallet (https://www.bbc.co.uk/news/technology-54630283). This was inevitably going to drive prices up, just through simple supply and demand, once this opens up fully to the general public. The forbes article from June 2020 stating Bitcoin could reach $300,000 is entirely within the realm of possibility (https://www.forbes.com/sites/billybambrough/2020/06/08/bitcoin-could-hit-300000-in-five-years-even-without-institutional-adoption/?sh=72bd8b0152c6). Although a more conservative estimate in a Bridgewater sensitivity report estimated that if 50% of the markets gold reserves moved into Bitcoin, the price of Bitcoin could reach $85,000, which is probably more realistic.
Bitcoin had been steadily climbing in price since the October article above was published. The 2 days following the US election however, Bitcoin saw a sudden bump in price of $1500 and has been climbing rapidly ever since. The biggest increases coincide with censorship crackdowns as more people are seeking alternatives to the standard ways of conducting themselves and their business online. People flocking to gab.com after the twitter purge probably saw a dramatic increases in Bitcoin prices as paying in Bitcoin is one of the only ways to pay for a Gab pro account.
Buying and spending cryptocurrencies on physical goods has become easier than setting up a new bank account. More and more companies are issuing their own crypto debit cards backed by VISA that enable you to purchase products online without first having to withdraw your funds back into fiat currency. https://monolith.xyz allows you to keep control of your own private keys, and the funds that go in it—while still using their card to buy on the VISA network, which means you don’t have to leave your money in the hands of a private company that could cut you off from your funds for any transgression of their cancel culture politics. bitpay.com is soon to announce their first debit card while already allowing bitcoin to be transferred directly into Amazon gift cards.
Certain alt-coins allow you to generate savings income when you ‘stake’ them. Cardano (https://cardano.org) is one of the popular coins at the minute which when staked earns roughly 4-5% APY. Algo (https://www.algorand.com) earns 7% APY. Cosmos (https://cosmos.network) earns 9% as of writing. Staking these coins is as simple as pushing a button. Then there's the recent creation of the futures trading market built on the Ethereum infrastructure enabling margin and futures trading of alt-coins to be conducted the same way you'd trade on the forex market.

My personal wallet of choice for my crypto portfolio is exodus.io (https://www.exodus.io). It’s an easy and simple interface with educative videos under each crypto coin to describe some of the technology and goals of what those particular companies are attempting to create. For those of you based in America you can purchase Bitcoin directly in the Exodus app with your ApplePay and then effortlessly exchange those Bitcoin into a huge variety of other alt-coins. For those outside of America, like me, it won’t process ApplePay purchases directly in the app, so, I first have to purchase Litecoin from Coinbase.com then transfer it to my Exodus wallet. I buy Litecoin because it has one of the lower transaction fees when transferring between wallets compared to Bitcoin (which can be excessively expensive). It’s also quicker to transfer, Litecoin can show up in the exodus wallet almost instantly whereas Bitcoin can take up to 30 mins.

With the basics of where to acquire cryptocurrencies and what to do with them once you’ve got them out of the way, lets look at which particular cryptocurrencies have the potential to be a good long term investment. It should be noted I’m not looking to profit from the volatility of crypto coins, I’m not day trading for rapid profits, I’m more looking for those coins where you can invest a minimal $100 today and then maybe 5-10-15 years down the road that $100 might be worth $10,000. Finding the right coins for that goal means backing the technologies behind the coins that will eventually be adopted en-masse and become a crucial part of the Blockchain global infrastructure. While decentralised people powered coins could be a good investment, finding the coins that are backed by the big globalist companies seems like a more secure way to invest whatever pennies you’re prepared to invest in the crypto field. The same way a secure hedge fund would invest in the established behemoths of traditional brokerage accounts like ‘unilever’, ‘boeing’, ‘microsoft’, ‘Amazon’ etc.

So what coins are the top globalist firms investing into and why?

We’ll start with one of the most pervasive globalist companies most people have never heard of, a company deeply invested in the blockchain space and a company who already process 80% of all credit card transactions worldwide, the rebranded Thomson-Marconi French firm, Thales Group.

https://www.thalesgroup.com/en/worldwide/activities

https://static.wixstatic.com/media/d910e6_cd2de199a627460bbf33543d1f3d3dba~mv2.jpg/v1/fill/w_832,h_313,al_c,q_90,usm_0.66_1.00_0.01/d910e6_cd2de199a627460bbf33543d1f3d3dba~mv2.jpg

As the old Thomson-Marconi name might suggest, Thales is one of those companies whose expertise is in secure communications systems, which means they have a vested interest in ensuring the success of the particular crypto-currency technologies that are necessary to build out the cyberspace infrastructure that enables them to achieve their company goals.

What are their company goals? Ever heard of 'The Internet of Things'? Smart cities? Artificial intelligence? Deep space exploration? Battleship communications systems and railway signalling, among other things. Thales is a true megacorp with eyes on building the infrastructure of the future.

Its a safe bet that whatever cryptocurrencies Thales Group are backing and investing in are going to have a huge importance in the cyberspace infrastructure that we see being built out over the next 10-20 years. So, in Thales own words, what crypto assets and companies should we be paying close attention to moving forward:

https://cpl.thalesgroup.com/encryption/blockchain


Thales Blockchain Partners
Thales has partnered with industry-leading blockchain and cryptocurrency partners to provide enterprise-grade solutions for securing transactions. Together with partners such as Ledger, BitGo, and Symbiont, Thales is protecting the way industries are conducting business, bringing efficiency and establishing trust. Thales also supports multiple blockchain applications including Bitcoin, Hyperledger, Ethereum, Altcoins, Monero, and more.

First a quick look at the companies Thales has partnered with, starting with Symbiont.

https://www.symbiont.io

https://static.wixstatic.com/media/d910e6_a598407d4ddd4c8195b95f1b4f5ea375~mv2.png/v1/fill/w_1480,h_754,al_c,usm_0.66_1.00_0.01/d910e6_a598407d4ddd4c8195b95f1b4f5ea375~mv2.png

Lots of notable and highly influential financial institutions seem to be engaged in the blockchain infrastructure projects.

The other company BitGo:

https://www.bitgo.com


About BitGo
BitGo’s mission is to make digital currencies usable for businesses in a regulated economy. BitGo’s technology solves the most difficult security, compliance and architectural problems associated with blockchains, enabling businesses to integrate digital currencies into their existing financial systems. Processing more than $1B monthly, BitGo customers include the largest cryptocurrency exchanges and application providers in the world. Headquartered in Palo Alto, the company was founded in 2013 by veterans in online security and financial technology.

"BitGo customers include the largest cryptocurrency exchanges and application providers in the world." So what exactly are the coins being traded by the largest institutional cryptocurrency markets?

I created an account an BitGo to find out...here's the list of coins they have available.

https://static.wixstatic.com/media/d910e6_5732f353368d4981ad805630713b6650~mv2.png/v1/fill/w_786,h_596,al_c/d910e6_5732f353368d4981ad805630713b6650~mv2.png
https://static.wixstatic.com/media/d910e6_77225c9e343343a8b14ed63d35e9fad0~mv2.png/v1/fill/w_720,h_560,al_c/d910e6_77225c9e343343a8b14ed63d35e9fad0~mv2.png
https://static.wixstatic.com/media/d910e6_f2d55cccb242463ca11fbb82a1230631~mv2.png/v1/fill/w_848,h_606,al_c/d910e6_f2d55cccb242463ca11fbb82a1230631~mv2.png
https://static.wixstatic.com/media/d910e6_0a322e054ed6453c9526fd815bd2873d~mv2.png/v1/fill/w_686,h_696,al_c/d910e6_0a322e054ed6453c9526fd815bd2873d~mv2.png

Considering BitGo have been in business since 2013 and received their authority to act as a bank in 2018, there offering list of 15 secured cryptocurrencies--out of the thousands currently on offer--is actually a rather conservative portfolio. This is great for us since it helps us narrow down on what could be hugely profitable investments. And while many of those coins are already established in the alt-coin market, there's also several that are as yet largely undiscovered by the masses and trading for less than a dollar. It's these less than a dollar crypto that can be snapped up with a modest investment for huge potential growth, as Thales and their associates continue to build out the cyberspace infrastructure of the future.

As of writing their current values are:



Bitcoin ($43908.90)
Etheruem ($1750.97)
Litecoin ($164.35)
Bitcoin Cash ($474.88)
Bitcoin Gold ($12.8868)
CeloGold ($3.40)
Bitcoin Sv ($188.05)
Dash ($188.05)
Tron ($0.0378)
EoS ($3.55)
Zcash ($95.93)
Stellar ($0.397779)
Ripple ($0.446355)
Algorand ($0.9050)
Mainnet Hedera HBar ($0.09832)

In the next post we'll take a closer look at the technology behind the 4 emboldened alt-coins in the above list to ensure these coins have the potential for longterm growth and investment. We'll also look at the Monero coin, which Thales is investing in yet doesn't show up on BitGo's ledger system, and speculate on a couple reasons why that might be.

~~~~~~~~~~~~~~~

Links to subsequent posts:
Hedera Hbar (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1409816&viewfull=1#post1409816): technological innovation = The Internet of Things (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1410544&viewfull=1#post1410544)
Algorand (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1409823&viewfull=1#post1409823): technological innovation = stable coins and frictionless international finance (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1410664&viewfull=1#post1410664).
Monero (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1409680&viewfull=1#post1409680): innovation = Privacy coin (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1409678&viewfull=1#post1409678) (encrypts digital transactions to move money anonymously on the dark web).

~~~~~~~~~~~~~~

New to blockchain technology, watch this documentary to get caught up to speed:

SF362xxcfdk

[Hermoor]

Thank you for your post.

I did enjoy reading it.

If you can navigate yourself through life as a ship does through the seas, then the crypto market will typically bless your perseverance and endeavour once the L-plates are off.

Everything is easy when you know how. Crypto is no different. It just takes time and research to find the sweet spots if you are starting from a point without inside info or trusted guidance.

[Blastolabs]

The "big retail shops" and most smaller vendors on the dark web have all moved to accepting only Monero "XMR" for a while now.

Although Coinbase and Robinhood don't allow you to purchase XMR the majority of actual liquidity in these currency comes from black market sales, which likely occur in the trillions per year. Liquidity gives value, or so I've been told?

XMR also has a much more efficient "proof of work" codebase which means it has a brighter future than say bitcoin which will get bogged down confirm all the transactions eventually. I would assume monero "XMR" is the safest bet long term but I'm just a musician who likes to buy things on the free market provided by the dark web so don't take my word for it.

[Jayke]

The "big retail shops" and most smaller vendors on the dark web have all moved to accepting only Monero "XMR" for a while now.

Although Coinbase and Robinhood don't allow you to purchase XMR the majority of actual liquidity in these currency comes from black market sales, which likely occur in the trillions per year. Liquidity gives value, or so I've been told?

XMR also has a much more efficient "proof of work" codebase which means it has a brighter future than say bitcoin which will get bogged down confirm all the transactions eventually. I would assume monero "XMR" is the safest bet long term but I'm just a musician who likes to buy things on the free market provided by the dark web so don't take my word for it.

The price of Monero is already at USD $155.68, might have missed the boat on that one, although I do hold some in my wallet. For those that aren’t familiar, Monero is a privacy coin. The reason I didn’t get into crypto sooner was due to Catherine Austin Fitts and Joseph Farrell conversation about cryptocurrency being a dream for the globalists to track everything you’re doing online and everything you purchase. Monero is the equivalent of online cash withdrawals, they can’t track where it goes once it leaves you’re account, which negates what Fitts and Farrell feared would happen. Although there is rumour the EU wants Monero delisted so we’ll see how that one plays out.

Pm0KdNmuMu0

[Blastolabs]

Everything is gonna be slowly going up, but if you are looking for short term gains montero is probably not the best idea.
Doge coin a big meme following right now but it's not likely to maintain at whatever peak it hits.

Watch for drops in the price for Monero.
Since people are actually using it everyday for big transactions it doesn't seem likely to ever lose all value like some of the alt coins have a chance of doing any moment really.

[enfoldedblue]

I bought my first crypto yesterday. I went with XCM only because someone I have come to trust said the big ones were too closely tied to the stock market now. He has just moved most of his money to XCM. Does anyone know much about this little player put out by Coinmetro?

[Jayke]

I bought my first crypto yesterday. I went with XCM only because someone I have come to trust said the big ones were too closely tied to the stock market now. He has just moved most of his money to XCM. Does anyone know much about this little player put out by Coinmetro?

https://go.coinmetro.com/markets

First I’ve heard of them. Their interface looks pretty slick though, a step up from some of the other exchanges I’ve been signing up to over the weekend. Looks like they have a security token investment platform which could be a big draw.

https://demo.coinmetro.com/security-token-platform

The chance to demo their platform before signing up is also a great idea on their part. Seems like it could be a solid long term investment, especially at the price. You’d have to check other established exchanges token values to get an idea of how much the token value could go up by. The Binance coin is currently trading at $76.96 for example. If coin metro grow as large as Binance it could create a similar return.

In other industry shaking news today, Elon Musk buys $1.5 billion worth of Bitcoin and announces you’ll be able to use your Bitcoin to buy his Tesla cars. No wonder all the crypto markets have been on a bull run lately.

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[enfoldedblue]

Thanks Jayke. I appreciate your feedback. It's all sooo unknown for me.

[Blastolabs]

With coinmetro do you actually own the coin?
If you don't have your keys you don't own the coin.

While there are advantages to using exchanges to buy there are also many disadvantages.

I'm not familiar with coinmetro but with Robinhood, Coinbase and the other big names you are not actually purchasing cryptocurrency.

In the event of that company being hacked or worldwide catastrophic events you will likely lose the money.

The whole point of decentralized currency is to give power back to the people. By having a third party hold your coins for you it kinda defeats the whole purpose in my opponion.

It is easier to lose your money due to user error when you actually own them. I would recommend playing with $10 in crypto for a week or three sending money back and forth to truly understand it before buying any large amount.

Then be SURE to keep a hand written copy of your key in a few safe places like a safety deposit box or buried in nature somewhere.

The way blockchain works means that even if the internet goes down for a few months once a few nodes are back online you will still have your money, the same can not be said for keeping your money with a bank or any exchange.

If you don't have your keys you don't own your coin.

This really only applies to people with significant amounts of money invested or those who care about ending our dependence on the system built by our rulers.

[enfoldedblue]

Thanks Blastolabs. I am so green in this area and only bought a small amount so that I could explore this realm. I have no keys ... so I guess they hold it. I appreviate any info.

[Blastolabs]

That is the right choice, it's a LOT easier to make a mistake and lose money when you are doing it yourself.

There is nobody that "runs" any of these coins, so no tech support etc...

I personally have lost a couple wallets due to bring stupid. Didn't have too much money (a couple bucks) but the lesson is priceless.

I also recently sent a bitcoin payment for a couple hundred bucks and chose a very low fee because I didn't understand how they worked.

It took 5 days for the money to go through.

I think it's inevitable in the next 5 years or so for bitcoin to hit at least $100,000 and the other coins usually follow do I'd say you made a good investment.

I think it's pretty cool how these "meaningless" coins actually have value and what this says about "money" in general. I assume the mere existence of bitcoin has open many peoples eyes.

[Ben]

I've just been reading up on a new crypto called 'Arrr', made by Pirate chain.


It's particularly intereting to me, because it's main USP is the privacy aspect. See this link for info: https://pirate.black/about-pirate-chain/


What with a large percentage of the world now moving to platforms that uphold privacy and free speech, the likelyhood of Arrr coins gaining significant value seems a given to me.


It's current value is around $.08, so I bought $40 worth, which is 508 coins (roughly). So not much of an outlay, no stress involved, and i'll be looking on with interest to see what happens.


Other coins I have are Bitcoin, XRP, and Ethereum.


XRP I find intriguing too, because if the rumours of the supposed QFS are true, then apparently it will be the currency used in that system.

[enfoldedblue]

With coinmetro do you actually own the coin?
If you don't have your keys you don't own the coin.

While there are advantages to using exchanges to buy there are also many disadvantages.

I'm not familiar with coinmetro but with Robinhood, Coinbase and the other big names you are not actually purchasing cryptocurrency.

In the event of that company being hacked or worldwide catastrophic events you will likely lose the money.

The whole point of decentralized currency is to give power back to the people. By having a third party hold your coins for you it kinda defeats the whole purpose in my opponion.

It is easier to lose your money due to user error when you actually own them. I would recommend playing with $10 in crypto for a week or three sending money back and forth to truly understand it before buying any large amount.

Then be SURE to keep a hand written copy of your key in a few safe places like a safety deposit box or buried in nature somewhere.

The way blockchain works means that even if the internet goes down for a few months once a few nodes are back online you will still have your money, the same can not be said for keeping your money with a bank or any exchange.

If you don't have your keys you don't own your coin.

This really only applies to people with significant amounts of money invested or those who care about ending our dependence on the system built by our rulers.

I just found this.... [Your XCM tokens can safely be stored in your CoinMetro account, but it is also possible to withdraw your XCM to any ERC-20 compatible wallet.] With full explanation here: https://coinmetro.com/blog/coinmetro-token-what-makes-it-great/?ref=reddug&fbclid=IwAR1omKTrBsLnjsrx-Jpao3YcKhBd16CpFLAFEuCwh4__nD-Imtvbqk2boXg

So does that mean you actually can purchase the currency?

[Jayke]

I just found this.... [Your XCM tokens can safely be stored in your CoinMetro account, but it is also possible to withdraw your XCM to any ERC-20 compatible wallet.] With full explanation here: https://coinmetro.com/blog/coinmetro-token-what-makes-it-great/?ref=reddug&fbclid=IwAR1omKTrBsLnjsrx-Jpao3YcKhBd16CpFLAFEuCwh4__nD-Imtvbqk2boXg

So does that mean you actually can purchase the currency?

It’d be safe in trezor wallet (https://wiki.trezor.io/ERC20_tokens). A hardware wallet you own the private keys to.


https://cryptocurrencynews.com/erc-20-wallets/




ERC-20 Wallets

Hardware Wallets

Most users prefer to use hardware wallets. A hardware wallet is the most secure storage unit for cryptocurrency. There are several expensive and inexpensive hardware wallets on the market. Here are a few which support the ERC-20 token:
Trezor
Trezor is one of the most popular hardware wallets and costs only $99 USD. It is a cold storage device meaning it is always offline. Trezor can be used for Ethereum and any ERC-20 affiliated tokens with the MyEtherWallet web interface. Trezor is a small, key-shaped device and connects to a computer through a USB cable. It requires a pin code to access the device but also has a recovery 24-word seed which is created offline in case of loss or theft. Trezor supports many other cryptocurrencies as well, so it can serve its purpose for multiple uses.

https://www.dailybtc.cn/wp-content/uploads/2018/12/15443290009406.jpg

[enfoldedblue]

Thanks Jayke, it's good to know about this in case i get really into this. But right now it costs more than the amount of currency I have.
..lol

[samsdice]

Monero XMR is really easy to mine as well whether solo or from a pool

[Jayke]

Thanks Jayke, it's good to know about this in case i get really into this. But right now it costs more than the amount of currency I have.
..lol

A software wallet is probably best when first starting out. MyEtherWallet (https://www.myetherwallet.com/create-wallet) seems to be compatible and you keep the private keys encrypted on your desktop or mobile app. Although haven’t used this one myself yet so can’t vouch for its ease of use. Ethereum tokens are hugely popular right now due to their staking options but I personally find the Ethereum network to be just as clunky and cumbersome as Bitcoin. Some of the blockchain 3.0 technology coins are so much smoother and easier to use in comparison.

Some software companies are already dropping the Ethereum network in favour of Hashgraph, which we’ll take a closer look at next.

[indigopete]

Hardware Wallets

Most users prefer to use hardware wallets.

I've never been able to get myself to trust a hardware wallet enough to dump everything in there. I know it's the "recommended" approach, especially for newbs and it's true it's probably the best thing if you don't know what you're doing. I just found the whole idea of a H/W wallet the perfect honeypot for global scale heists. For example it needs to interact with a website to do anything. It's supposed to never release the private keys and only send a signed message but who knows wtf it's doing during that interaction. Chain of custody - some scam in the Amazon warehouse swaps real ones for hacked ones before it gets to you ? All that type of stuff put me off quite a bit.

[Jayke]

The first coin from the list in the OP I’d like to look at is Hashgraph with its Hedera HBar. This is still one of the cheapest tokens to buy at around 10cents per token, yet it has some major companies backing it. The most notable being, found on their website here (https://hedera.com). The speed of blockchain 3.0 technology and the high transaction volume is going to be essential for 'The Internet of Things' where every device is talking to every other device, which is probably why Hedera HBar has so many of the megacorps backing it already at this early stage of its development.

https://i.imgur.com/2Ok7I8H.png

https://i.imgur.com/cHjRXWy.png

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IBM helped to co-author one of the whitepapers for this blockchain algorithm.
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there's also some 40 case studies on their website (https://hedera.com/users) showing how hedera is already being used and adopted by various industries to power their organisations and business models. From farmers, healthcare, finance, musical enterprises, payment systems, the chopra foundation. Mass adoption of blockchain 3.0 is already taking shape.

Good interview with Hedera CEO, Mance Harmon.


https://goldsilver.com/blog/hedera-hashgraph-the-most-important-crypto-update-youll-see-this-year-hbar/




Hedera Hashgraph - The Most Important Crypto Update You’ll See This Year (HBAR)

We’ve received many questions lately about Mike’s opinion on Hedera Hashgraph, a promising alternative to blockchain consensus systems which was covered in Episode 8 of Hidden Secrets of Money back in 2017. So we arranged an update with none other than Hedera Co Founder and CEO - Mance Harmon. This is an amazing interview, be sure to stick with it until the end in order to understand the huge disruption that these new Distributed Ledger Technologies are bringing at an ever increasing pace. As Mike says, “Whether you’re interested in cryptocurrencies or not, the reason you want to watch this is because Distributed Ledger Technology is already affecting our lives in major ways, and it’s going to affect you life more, and more, and more as we go forward.”

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[Jayke]

Next up... Algorand. This is my new favourite for purchasing in Coinbase before transferring to Exodus wallet. Another blockchain 3.0 that makes Bitcoin and Ethereum feel like they were built in the Stone Age. The funds show up instantly and the fees are negligible. At just under $1 per Algo, this is a great one to hold longterm as it currently offers 5.8% APY on investment.

This video review below highlights some of the reasons why this could be a strong and important coin in the future.
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As the video review explains, Algos founder MIT professor Silvio Micali was the winner of the Turing award for computer science in 2012. Silvio explains the innovative 1st layer smart contract system Algo is based on in the video below:
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https://boxmining.com/algorand/




What is Algorand?

Algorand is a high-performance next-generation blockchain whose goal is to create a transparent system in which everyone can achieve success through decentralized projects and applications. Many have called this project “Blockchain 3.0”, as it solves Bitcoin’s well-known scalability problems whilst maintaining security and decentralization. Algorand has the native token $ALGO, which will be used as a transfer of value on the network. In terms of technology backbone, Algorand uses a Pure Proof of Stake (PPOs) and pseudorandom functions to prevent malicious attackers from colluding on the network.

Algorand stands out from other high-performance blockchains by the credibility of its founder, MIT professor Silvio Micali. Professor Micali has is the recipient of the prestigious Turing Award for computer science and many of his inventions have directly impacted the cryptocurrency scene.

[palehorse]

With coinmetro do you actually own the coin?
If you don't have your keys you don't own the coin.

While there are advantages to using exchanges to buy there are also many disadvantages.

I'm not familiar with coinmetro but with Robinhood, Coinbase and the other big names you are not actually purchasing cryptocurrency.

In the event of that company being hacked or worldwide catastrophic events you will likely lose the money.

The whole point of decentralized currency is to give power back to the people. By having a third party hold your coins for you it kinda defeats the whole purpose in my opponion.

It is easier to lose your money due to user error when you actually own them. I would recommend playing with $10 in crypto for a week or three sending money back and forth to truly understand it before buying any large amount.

Then be SURE to keep a hand written copy of your key in a few safe places like a safety deposit box or buried in nature somewhere.

The way blockchain works means that even if the internet goes down for a few months once a few nodes are back online you will still have your money, the same can not be said for keeping your money with a bank or any exchange.

If you don't have your keys you don't own your coin.

This really only applies to people with significant amounts of money invested or those who care about ending our dependence on the system built by our rulers.

I was going to say something on these lines :thumbsup:

But Jayke made a good point, if one are going to invest in crypto in a long term, the best option is to look for those crypto backed by monster corporations but beware research well before buying.
Nowadays anyone can fork a coin and hit the network with a cute marketing campaign targeting specific communities (take a look how easy it is -->> https://cryptonotestarter.org ), without saying all the scams out there with incorporated companies in those beautiful island out there just to make a front (Do you know anyone can open a corporation in Seychelles for just $500?).
There is thousands of crypto coins out there (currently 8416 registered in https://coinmarketcap.com), the majority is just crap and will fall along the cracks, just give time and you all see.

Also I would advice anyone going long term with crypto investment to use a dedicated hardware (install a cold wallet in a computer not connected to the internet and sign transactions when moving the funds, it is perfectly safe that way) for that specially if one is going to buy a lot.. DO NOT KEEP IT in the exchanges unless you are a trader, but we talking about investment long term, look it up how many times exchanges all around the world got hacked and lost all the customers funds! I know today they have insurance and this and that bla bla, but if you do not own your private key, you own nothing.
Take a look at "white label cryptocurrency exchange software" and learn how it works, any numbers can be faked, include trade volume and liquidity.

See how anyone can start such a gamble business https://www.blockchainappfactory.com/
Last time I checked prices for a start up it was 20.500 Euros including licensing and company registration in the Caribbean area.

Fair warning, exchanges are gamble and highly manipulated just like those casinos online, unless you are an insider I would keep far far away from it.




I've just been reading up on a new crypto called 'Arrr', made by Pirate chain.


It's particularly intereting to me, because it's main USP is the privacy aspect. See this link for info: https://pirate.black/about-pirate-chain/


What with a large percentage of the world now moving to platforms that uphold privacy and free speech, the likelyhood of Arrr coins gaining significant value seems a given to me.


It's current value is around $.08, so I bought $40 worth, which is 508 coins (roughly). So not much of an outlay, no stress involved, and i'll be looking on with interest to see what happens.


Other coins I have are Bitcoin, XRP, and Ethereum.


XRP I find intriguing too, because if the rumours of the supposed QFS are true, then apparently it will be the currency used in that system.


I saw it months ago and decided to download their blockchain and wallet to my laptop, after installation the thing won't work, it get stuck at about 5% when downloading their blockchain, also the wallet is very hungry it uses up my entire RAM and the CPU keep spiking to 90% most of the time, then I gave it up, but before I was reading in their github account in the issues section and there was a few with the same problem, but not a peep from the maintainers, not sure if it is an active project and for what I learned they are based on Zcash and another coin can't remember now. I would love to try again, because I liked their proposal in the same line with Monero, but I refuse to use an exchange, if it does not work in my computer then it will not work at all for me.


The entire purpose of crypto currency is decentralization (P2P), it is a way to be your own bank system when using it correctly.
Exchanges has records of all the transactions, they know who their clients are and they are willing to cooperate with all governments upon request, in fact they send reports of monies movement (read their terms), also it is not anonymous or private as many believe.

I have a cold wallet with bitcoin, monero and namecoin and I keep it in a virtual machine file, backed up in 3 different locations, that means even if my laptop crash, I still able to recovery the funds.

Another useful information if one is going to sell it, no need to use an exchange either, you can sell it to someone willing to buy it, there is quite a few websites that people post offers. Localbitcoins is one that comes to mind.

[gord]

I've been playing around with learning about cryptocurrencies since late July. I started right off with a couple of hardware wallets, and I have some Bitcoin, Ethereum, Cardano, Cosmos, Dai, Algorand, and DigiByte, It's been interesting.

[Jayke]

Cardano is making big news today. It’s not a coin that’s in the BitGo/Thales ledger but it does seem to be making waves in Africa and Vietnam as Cardano pursue government contracts with them. Vietnam in particular is migrating from the Ethereum network to Cardano on one project outlined in the vid. At less than a dollar a coin and 4% apy, seems like a good coin to put any pocket change into.

qD40PaTJXlM

[Jayke]

HBar just released their token service today, I grabbed a screenshot from their live zoom webinar which shows how many companies are already up and running creating their own token systems using the HBar infrastructure.

https://i.imgur.com/NVwk3El.jpg


https://hedera.com/blog/hedera-token-service-hts-live-on-mainnet-with-over-60-initial-ecosystem-partners




We're proud to announce that the Hedera Token Service (HTS) is officially live on the Hedera mainnet. Over 60 initial ecosystem partners have joined us in this announcement — they've integrated, are in the process of integrating, or exploring HTS to support applications issuing tokens across decentralized finance, supply chain, payments, energy, and more.

By building applications with HTS and issuing them on the Hedera public network, businesses can embrace the disruption of tokenization in a secure, compliant, and performant way — this includes monetizing an organization's assets, improving payment settlement efficiency, or accessing new and growing token markets.

The Hedera Token Service offers configuration and issuance of native fungible and non-fungible tokens in a fast, secure, and cost-effective way. Assets tokenized with HTS deliver native programmability and configurable compliance at the account level, all without deploying slow, expensive, and potentially faulty smart contracts.

Let's walk through a few aspects of the Hedera Token Service (HTS) to get up to speed — in this blog posting, we'll learn about:

The initial token ecosystem of over 60+ wallets, exchanges, issuers, council members, network explorers, and more to support token issuers and application developers

Game-changing differentiation for fungible & non-fungible tokens on Hedera

HTS demo applications, tutorials, and developer resources available today

Functionalities coming to the Hedera Token Service in 2021

A thriving token ecosystem to support application developers, token issuers, and end-users

Hedera has proven its ability to scale relative to other public blockchains, as seen from the 4.5 million transactions per day driven by real-world high-throughput data integrity use cases — companies like AdsDax, Acoer, The Coupon Bureau, Safe Health Systems, and more are adopting the Hedera Consensus Service (HCS) at a record pace. But how will Hedera's next phase of development enable the network effects required for a thriving ecosystem?

Meeting the functional requirements of modern-day websites and applications looking to configure, issue, and manage tokenized assets is critical — but it's equally as important, if not more, to deliver a robust and thriving ecosystem for which network participants can use and build their protocols and services. This next phase of Hedera's development, via the Hedera Token Service (HTS), intends to deliver on those required network effects through interconnected applications that drive net new active accounts and aggregate value of tokenized assets.

The initial ecosystem for Hedera Token Service comprises over 60 partners across the categories of token issuers, wallet and custody providers, exchanges, network explorers, standards boards and systems integrators, security auditors, and more.

https://s3.us-east-1.amazonaws.com/hedera-com/_w2000/Screen-Shot-2021-02-08-at-11.36.31-PM.png

https://hedera.com/blog/new-hedera-token-service-offers-native-token-issuance-and-configurability-without-smart-contracts

[wegge]

Yeah, finally Avalon meets Bitcoin, which means deep info!

I´m also most interested if a certain coin pledges its alliance to decentralization and independence from the power grabbers. (and some trading actually ;) )

I enjoyed reading Andreas Antonopoulos book the internet of money, he is something like Chief Security Officer at Bitcoin and a kind of crypto philosopher, taking a stand for freedom.

[Jayke]

Doing a little more digging into Hederas token service and it seems to be already more built out than I’d realised. Looks like BitGo will be one of the primary custodians and I’ve also highlighted an exchange that looks good since they offer a VISA debit card that you’ll be able to top up with HBar and spend anywhere globally, CoinZoom (https://coinzoom.com/). This is going to be an Ethereum killer.


https://www.prnewswire.com/news-releases/new-hedera-token-service-offers-native-token-issuance-and-configurability-without-smart-contracts-301224076.html

===========



New Hedera Token Service Offers Native Token Issuance and Configurability Without Smart Contracts
HTS Enables Enterprises to Embrace the Disruption of Tokenization in a Secure, Performant Manner

https://mma.prnewswire.com/media/1433534/HTS.jpg?p=publish&w=950

"Today, digital tokens are being designed for all kinds of economic activities," said Mance Harmon, co-founder and CEO of Hedera. "Tokenization of a huge range of assets will make traditional financing operations and interacting in marketplaces faster and less costly, fundamentally changing the existing processes for purchase order financing, obtaining loans for working capital, buying insurance, securing inventory financing, and invoice factoring. Tokenization will provide the foundation for enterprises to use distributed ledger technology (DLT) in routine business transactions, thus driving significant acceleration in enterprise adoption."

The Hedera Token Service makes it easy for developers to manage tokens with scalable performance and predictable cost. Many public and private blockchains that offer tokenization carry the burden of expensive fees or upfront infrastructure costs, slow transaction speeds, complexity in managing governance, and regulatory obstacles. HTS makes it simple to issue native, multi-signature tokens with scalable performance, native compliance features, native token swap capabilities, and predictable costs — all on a reliable network governed by a council made up of large, global, trusted organizations.

Dr. Leemon Baird, Chief Scientist and co-founder of Hedera Hashgraph, said, "Enterprises are realizing that they can leverage distributed ledger technology for the decentralization of the financial layer of their businesses, making processes more efficient, reducing costs, and unlocking new revenue streams. In order to see significant benefit from this technology, they must abstract assets onto a platform that is faster, more efficient, and more secure than legacy supply chain and financing systems. This can include monetizing an organization's assets, improving settlement efficiency, or accessing a new and growing market of utility tokens. We're thrilled to see the enthusiasm for this functionality already today."

Numerous applications and ecosystem partners are already evaluating and using HTS in several ways. These include:

Exchanges integrating with HTS include:

Bittrex Global
CoinZoom
Hashgraph Exchange (HEX)
Huobi
Indodax
Liquid
OKEx
Upbit
XanPool

Custody Providers enabling custody for any token created on the Hedera platform include:

BitGo
InvestaX
Ledger Vault
OnChain

Wallets supporting tokens created on HTS include:

BRD
Coinomi
Meeco
Mingo
MyHBARWallet

Applications that will issue tokens using HTS include:

Best Innovation Group
Calaxy
Charity Shop Exchange
The Chopra Foundation
Diamond Standard
DLA Piper
Dovu
Entrust
Everyware Ltd
GABL
Jigstack
MemberPass
Mingo
Power Transition
RECDEFi
RooShine
SUKU
TaskBar
Tune.fm

Independent security auditors and assurance providers include:

FP Complete
Netki
OnFido
Quantstamp
TRMLabs

Service Integrators and Standards Bodies

BCW Group
Envision Blockchain
InterWork Alliance
LimeChain
TxMQ
Unibright

Network Explorers

Dragonglass
Hash-Hash
Kabuto
Metrika

Exchanges

"The Hedera Token Service (HTS) strives to bring better performance, configurable compliance, and low fees to a new generation of cryptocurrencies and stablecoins. Bittrex Global believes that supporting assets tokenized on Hedera has numerous upsides, and we can't wait to see what the future holds for this growing ecosystem."
— Tom Albright, Bittrex Global, CEO

"Hedera users will be able to spend their hbars on the CoinZoom Visa card at over 53M merchants globally, and any ATM that accepts Visa. We believe partnering with Hedera will bring us one step closer to cultivating the mass adoption of cryptocurrency. In addition, we're excited about the Hedera Token Service technology, and eager to list the new HTS-based tokens, that meet our compliance requirements, on our exchange. In addition to listing on CoinZoom, HTS-based tokens will be tied to the CoinZoom Visa card, creating a premier fiat off ramp for the entire Hedera ecosystem."
— Adrianne Blackett, Director of Marketing at CoinZoom

"At HEX, we intend to use the Hedera Token Service (HTS) to issue and transact tokens, which securitize the values underlying real world assets. It's asset tokenization at the speed and cost of Hedera Hashgraph."
— Suman Das, CTO at Hashgraph Exchange (HEX)

"Indodax looks forward to listing Hedera Token Service based tokens and making them available alongside hbar for markets across Asia, especially Indonesia."
— Oscar Darmawan, CEO Indodax

"We are pleased to continue supporting Hedera's development and believe their new tokenization service is a great addition to expanding the adoption of digital assets."
— Kai Kono, Chief Business Officer at Liquid

"OKEx believes that tokenization will provide many opportunities for financial inclusion and look forward to playing our part in the Hedera ecosystem."
— Benson Yan, Listing Manager at OKEx

"By providing support to the HTS ecosystem, XanPool makes it possible and easier to reach users from Singapore, Hong Kong, Vietnam, Philippines, Malaysia, Thailand, India, and Indonesia."
— Yongchuan Soh, Business Development at XanPool

Custodians

"BitGo is delighted to support the launch of the Hedera Token Service (HTS) and foster its growing token ecosystem. We're ready to support developers, cryptocurrency enthusiasts, and institutions holding and transacting tokens issued on Hedera with our custodial and wallet offerings."
— Chen Fang, Chief Product Officer, BitGo

"The growth of the Digital Securities Offerings (DSOs) industry requires the right licenses and technology — this partnership with Hedera and integration with the Hedera Token Service (HTS) will provide more necessary infrastructure to continue to propel the industry forward."
— Julian Kwan, CEO at InvestaX

"Tokenization of real assets is one of the most relevant, disruptive and game changing use case of the digital asset industry. The Hedera Token Service (HTS) is helping this ecosystem to thrive, and we believe they're headed in the right direction. We are excited to support their future developments."
— Glenn Woo, Head of APAC at Ledger

"Onchain Custodian believes existing clients such as exchanges and investors can benefit from HTS, and new prospects will find our custodial wallet solution to hold hbar with HTS enabled to be an attractive proposition."
— El Lee, COO & Board Member of OnChain

Wallets

"BRD is excited to see the Hedera token ecosystem come to fruition. With a focus on institutions and high scalability, Hedera will make a significant impact in the industry."
— Adam Traidman, CEO and Co-founder of BRD

"Coinomi is excited to integrate the new Hedera Token Service (HTS) into our wallet. Hedera users will have a way to securely store, manage, and exchange HBAR and other Hedera-based tokens. Hedera has proven to be a great team and we're thrilled to work with them. Enjoy Coinomi's solid 7 year track record now with Hedera support and our industry leading 24/7/365 Live Chat support for all our users."
— George Kimionis, Founder and CEO at Coinomi

"We're on track towards a world where everything can be tokenized. Tokenization plays a critical part in enabling more equitable value creation for people, organisations and things. Providing the means to issue and store value, trace provenance, and most importantly achieve consensus to instantly trust. Since 2012, Meeco has been pioneering the collection, protection and value exchange of personal data and identity. We're inspired by the range of use-cases the new Hedera Token Service supports, enabling Meeco to extend our solutions."
— Katryna Dow, CEO & Founder, Meeco

"The Hedera Token Service (HTS) allows Mingo to activate its Token Exchange Service, setting up a global platform for the migration of 7,000 individual tokens currently on the paltform today for swaping, sharing, and storage in the Mingo wallet."
— Joe Arthur, Founder and CEO at Mingo
==========

[amor]

I have just invested one-half a day reading about this new currency system and am not much more informed than before. What remains is this image of Block Chain being a heavy iron block attached to a chain attached to one's ankle. The opposite of freedom. As for the technological leaks in this unsafe boat, I intuit them as top-down investment/takeover by the money powers that be, with intervention by the governments who must keep their piece of the pie in taxing all that be. As for the myriad holes available in tech theft present and future about which most of us are totally ignorant, I prefer what we have now, even if that is also an illusion. Nothing like fixed assets and back to the earth. Of course, access to the world of convenience and fancy possessions may seem farther away, but at least you won't have to deal with here today gone tomorrow to the same extent.

[Positive Vibe Merchant]

I have also found exodus to be a great soft wallet. I have been holding/trading crypto for last couple years. There is always going to be growth, and just have to keep up your research if you want t dive into some of these alt-coins. Alot of ones that get the pump n dump. Try not to spread across too many exchanges as you can get lost in all the details. Cryptp is the way of the future, and we are getting in now on the ground floor. I think in 5 years those that didnt get on board will kick themselves..

[wegge]

Jayke what do you make of this body of governance idea of Hedera, filled with Globalist companies? (That the owner says are spread out over the world and in different industries, well...who owns them, Blackrock etc.?)

Their tech sounds nice though, although I don’t believe that we humans actually want a tokenization of everything, but more so the technocrats.

[Jayke]

Jayke what do you make of this body of governance idea of Hedera, filled with Globalist companies? (That the owner says are spread out over the world and in different industries, well...who owns them, Blackrock etc.?)

Their tech sounds nice though, although I don’t believe that we humans actually want a tokenization of everything, but more so the technocrats.

I’ll defer to Paul on that. I made some money on the initial bull run of Bitcoin when it hit $10,000 and asked Paul if there’s any new technology on the horizon that would be a good investment to get in early on. Paul worked on some of the earliest ledger distribution algorithms before he retired so he has some expertise in the area. He’s the one that first put me onto hashgraph in 2018, not that he’s on Avalon to ask questions about it now.





Well ... I have one word to say here. Just one word.

Hashgraph (https://hashgraph.com/).

Well ... this didn't take long ... what looks like a "better Hashgraph" has come along, less than six months later.

On the other hand ... listen to this pitch by Machine Zone's (a game company) CEO Gabriel Leydon to the Hashgraph Launch in March 2018, explaining how he is working on "computing the world", integrating live feeds of sensors, audio, and video, from around the world, in order to make for a fully "Smart" world, fully integrated using A.I., running on top of Hashgraph.

It's a "technocracy" wet dream, and he sounds all too close to making it happen.

ktBGWmWgmxw

It's a scary, dystopian, "Matrix" vision, running on the distributed compute power in the hands, on the desktops, and in the "smart" devices of billions of people, world wide.

===

As a long standing student of distributed computing algorithms, I am quite impressed and delighted with Hashgraph, and the similar open source work PARSEC.

However Hashgraph, and what can be built on it, such as Gabriel Leydon's "Compute the World" vision, is deeply unsettling, and apparently coming soon to a smart phone near you.

IMO the tokenisation of everything is the roll out of the beast system. What I plan on doing is riding the belly of the beast to turn a profit and then with a little extra financial freedom invest in the open source alternative Paul recommended. I found a coin running on the PARSEC algorithm
Maidsafe Coin (MAID) (https://safenetforum.org/t/maidsafecoin-maid-price-trading-topic-part-2/32970). Its worth investing in maidsafe if only for the fact that it’ll provide an alternative to the beast system, but without the financial resources and the Harvard network of Prysm group (https://www.prysmgroup.io/about-blockchain-economics) economic consultation management (another company whose logo is a black cube), Maidcoin might not be very profitable and more of a niche sidelined investment.

The MAIDcoin team are working on a new open source offering called safenet (https://safenetforum.org/) where you’ll be able to mine safenet coins. The only way you’ll be able to buy safenet coins is through exchanging the old maid coins. Good luck trying to buy maid coins though as they’re struggling to get many exchanges to list them. Bittrex (https://global.bittrex.com) might be one of the few that do but I’ve not signed up for an account yet to check.

[gord]

Maidsafe Coin seems to also be avaliable through HitBTC and SimpleSwap and maybe other similar. I didn't look further. You need OmniWallet to store it.

[Jayke]

Interesting chat from Tom Luongo on the implications of Elon Musk buying $1.5 billion in Bitcoin earlier this week. The main point he makes is that Musks move is helping normalise cryptocurrency for the masses, while putting pressure on other companies and central banks to follow the trend and keep up.

Bitcoin has become too big and too global for governments to regulate. He shares a story from Germany where the German authorities tried to take 90 million worth of Bitcoin from one their citizens but were left complaining that without the private keys for the Bitcoin wallet they were helpless to do anything (such a shame that governments will have to be more honest with open digital ledger technology).

He also makes the point that once the wallstreetsbets crowd has finished messing with Wall Street, regardless of whether they win big or lose on the GME saga, they’ll be turning their attention back onto the crypto markets again (minus any other short attacks on the over leveraged hedge funds they manage to spot), which all means the crypto markets are going to go boom over the next several years.

w5_ZeTevUiY

[Jayke]

A coin that isn’t in the BitGo/Thales ledger but is currently performing better than some of the others. I only bought this coin due to the 4% apy without really knowing anything about it. In the past few days though it’s suddenly surged from 60cents to the $1 support zone (which early investors usually cash out at). Begs the question, what is Ontology? and why are people suddenly bullish on this coin?

Personally I was put off that you have to have 500 ONT before you can stake them and—like many of the Ethereum wallets—you have to accrue a certain amount of their ONT gas coin (ONG)—before you can even withdraw or send your coins anywhere, but if it keeps making impressive gains I might just hold onto it a bit longer.

This could be an important token. I like the technology behind this one. Keeping your identity secure while also enabling copyright protections; and with original data stored directly on the blockchain, it’ll create a referral system that enables you to see whether original material has been edited or tampered with. An antidote to deepfake technology, fake news and photo editing. Has a picture, story or video been edited? just check the blockchain to find out.

IXvnpQz9cEo

[Jayke]

On the back of the above post about the Ontology coin. I was wondering how practical would it be to search a blockchain to verify if any photos or videos had been tampered with. Algorand were already ahead of me and posted this video last night. Introducing the Algorand indexer. A database process where you can search for anything indexed on a blockchain. No wonder Algorand surged past the $1 support zone yesterday.

m8gooZ_VDeY

[Jayke]

More companies jumping ship from Ethereum to Cardano due to Ethereums high transaction fees. https://wirexapp.com/global, a company that enables you to spend your crypto tokens via a VISA debit card, has also jumped ship from Ethereum to the Stellar lumen (XLM) coin (via their own wirex subtoken based on the stellar blockchain). This is one of the coins in the Thales/BitGo ledger and is still super cheap to buy. Stellar have announced their intention to be the blockchain that processes 1 billion online transaction payments by the year 2022.

-wwkwSFGLjg

[samildamach]

More companies jumping ship from Ethereum to Cardano due to Ethereums high transaction fees. https://wirexapp.com/global, a company that enables you to spend your crypto tokens via a VISA debit card, has also jumped ship from Ethereum to the Stellar lumen (XLM) coin (via their own wirex subtoken based on the stellar blockchain). This is one of the coins in the Thales/BitGo ledger and is still super cheap to buy. Stellar have announced their intention to be the blockchain that processes 1 billion online transaction payments by the year 2022.

-wwkwSFGLjg

I use the wirex wallet, as you get a credit card linked straight to the wallet,which makes it easy for xrp xlm buying and selling. Commission is a little high,wait for free days

[gord]

It seems that shipments of Trezors to the US are now being held up at customs according to an email from an authorized retailer.

[alexius]

Really enjoyed reading through this one. I saw in a couple of post's that people was talking about XRP by Ripple.

Whoever has good knowledge and thoughts about this crypto, can you please spill some of the pro's and con's from it?

Blessings

[samildamach]

Really enjoyed reading through this one. I saw in a couple of post's that people was talking about XRP by Ripple.

Whoever has good knowledge and thoughts about this crypto, can you please spill some of the pro's and con's from it?

Blessings

it's backed by Goldman Sachs. People are gambling on the long shot it takes over from the swift system.its already being used by money gram and only cost pence per transaction saving them a fortune.
Currently there is a court case against xrp holding them 🔙

[alexius]

Really enjoyed reading through this one. I saw in a couple of post's that people was talking about XRP by Ripple.

Whoever has good knowledge and thoughts about this crypto, can you please spill some of the pro's and con's from it?

Blessings

it's backed by Goldman Sachs. People are gambling on the long shot it takes over from the swift system.its already being used by money gram and only cost pence per transaction saving them a fortune.
Currently there is a court case against xrp holding them 🔙

I was looking in too that lawsuit.. I can't really see how it will pay out. And if they end up on the other side of this, on top. Then it should have a nice push forward, would it not? Cheers.

[wegge]

I didn’t look into ripple, but I have read people refer to Hashgraph Hedera as the new ripple..

[Jayke]

There’s a reason I didn’t highlight Ripple in the OP, even though it’s on the BitGo ledger and trading under a dollar. I think of Ripple more as a stable coin (https://en.wikipedia.org/wiki/Stablecoin), since the price has been steady under a dollar for so long despite all the fan fare it’s had, and now with the court case, I’m not expecting much from it anytime soon.

JC Collins has been pumping Ripple for years, he had a blog called ‘philosophy of metrics’ with lots of thought provoking articles ‘The Real-World Potential of Ripple (https://thedailycoin.org/2018/03/12/the-real-world-potential-of-ripple/)’.

He still pushes Ripple on his Twitter (https://twitter.com/HigherManas) and has a new blog for his old articles: https://xrpcommunity.blog/author/jc/

It’s always worth holding some incase it does take off, but Hedera and Algo are still my top picks.

[Jayke]

To qoute Paul’s deeply unsettling vision again of what the Hedera Hbar technology could facilitate.





Well ... I have one word to say here. Just one word.

Hashgraph (https://hashgraph.com/).

Well ... this didn't take long ... what looks like a "better Hashgraph" has come along, less than six months later.

On the other hand ... listen to this pitch by Machine Zone's (a game company) CEO Gabriel Leydon to the Hashgraph Launch in March 2018, explaining how he is working on "computing the world", integrating live feeds of sensors, audio, and video, from around the world, in order to make for a fully "Smart" world, fully integrated using A.I., running on top of Hashgraph.

It's a "technocracy" wet dream, and he sounds all too close to making it happen.

It's a scary, dystopian, "Matrix" vision, running on the distributed compute power in the hands, on the desktops, and in the "smart" devices of billions of people, world wide.

===

As a long standing student of distributed computing algorithms, I am quite impressed and delighted with Hashgraph, and the similar open source work PARSEC.

However Hashgraph, and what can be built on it, such as Gabriel Leydon's "Compute the World" vision, is deeply unsettling, and apparently coming soon to a smart phone near you.

An article emailed out to Nigel Farages Fortune and Freedom newsletter goes into a little more detail of what a tokenised world might look like. In a world where even spinach in a fridge can spy on you, imagine the rise in health insurance premiums if you decided to drink a beer instead of a green tea for your afternoon beverage.

======




Mother nature, Skynet and Big Brother have formed an alliance to monitor you

Nick Hubble | 11 Feb 2021

You’ve heard of the Internet of Things (IoT). A world where your bed tells your toaster to get to work when you get up, the fridge adds milk to your online shopping based on the weight of the carton, and your toilet tells you what a balanced diet might entail cooking this evening. But what if the IoT included plants?

I don’t know whether to laugh or cry. Axios sums it up like this: “Researchers at MIT have devised a way to allow chemical signals from spinach plants to transmit an email.”

What would you want your spinach to email you about? The presence of explosives, apparently.

The new technology allows spinach roots to detect certain substances and then transmit a reading to an infrared camera. The camera can be pre-programmed to send off the alert.

The underlying aim of the research is to leverage the existing capabilities of plants by creating ways for them to communicate with us. With our existing technology, at least.

Mother Nature, the Terminator films’ Skynet and Big Brother have formed an alliance to monitor you. Who needs CCT when you’ve got spinach?

All that’s the bad news. But if you look back, today’s epoch would probably terrify people too. The speed of cars hurtling through cities. Invisible WiFi signals transmitting information through us. Foreign food on our shelves. Vaccines that only took months to test.

Terrifying stuff… not so long ago.

But these days, they’re practically a necessity.

Although I’m still not so convinced about this spinach thing…

Then again, it’s tough to know how an innovation will create products that need it. Innovation usually happens the other way around. We know what we want, but can’t quite get the tech to make it happen.

That’s not always how it works though. Computers and the internet were once considered useful to only very few people. Now we’re busy turning spinach into a computer just to make it more useful.

In Dubai, cell phone towers are dressed up as suspicious looking palm trees. What if palm trees could be cell phone towers?

NASA and the Canadian Space Agency have launched a competition on how to help astronauts make food. Spinach that can tell its future beneficiaries whether it needs more or less nutrients and watering would be rather useful in that environment. Or perhaps the spinach could optimise its own supply of nutrients. A farm where the food farms itself. Much better than having astronauts do the weeding on Mars. There are probably better things to do. I assume…

My own favourite application of all this tech is a long-time libertarian bugaboo. It’s all about “how to save the whales”. Most people want governments to make laws to protect animals like whales. They imagine the Royal Navy blowing Japan’s fishing fleet out of the water to protect Moby Dick.

But what if you sold the whales instead?

What if the green movement could buy whales, thereby making them their property. Then fishermen couldn’t catch them. It’d be stealing.

By protecting whales and making them out of reach of the private sector, governments simply encourage those who are willing to ignore this designation.

But technology could dramatically resolve this. The whales could be owned and marked as such, finally making it possible to sell them in order to preserve them.

The commercial applications are probably far more interesting to you. The line between wild and farmed seafood could blur. And why stop at seafood?

Another bugaboo I have is painfully low-tech solutions to simple problems. You’d think we’d have mastered how to find leaks in mains pipes, right? But a few weeks ago, the city of Sydney began using sniffer dogs to find water leaks.

Sniffer dogs to find hidden water leaks in mains pipes?

I know this is sounding more and more absurd. Spinach that finds explosives and sniffer dogs that find broken pipes, but it’s supposedly true. “Winnie, a highly intelligent Cocker Spaniel, and Ziggy, an energetic English Springer Spaniel,” are on the prowl.

But what if the water pipe itself sent us an email instead? Sydney’s water management company, I mean. You probably don’t want to know about a leak in Parramatta.

The IoT is often sold as some sort of consumer electronics revolution. To make your life easier. Which makes me a bit sceptical. I like to adopt technology once everyone else has ironed out the kinks.

That can be a flawed strategy, of course. I’m in a house with no heating or insulation and it’s snowing outside. Yet our toilet has 36 buttons and a heated seat. That’s a normal combination in Japan.

Back in London, my Japanese wife and even more Japanese sister-in-law couldn’t comprehend that heating the floor would heat the room too. I blasted the central heating just to prove a point.

Meanwhile, my tech obsessed friend Sam Volkering, whose home is presumably kitted out like the Starship Enterprise, once described the chaos which power outages caused on his home. It was a great article about the consequences of too much tech.

So, there is no optimal strategy when it comes to tech adoption. You’re in for a rough time no matter how you kit out your home, or avoid doing so.

The thing is, what if the 5G and IoT revolution isn’t just about the world around you? What if it does far more revolutionary things that you never even find out about?

Car crashes could become a thing of the past. Energy and resource waste could be drastically cut. Traffic flows optimised so well they feel seamless. Mines could operate without people in them, so nobody risks their life to provide you with manganese. Queues could become non-existent too, unless we make a law to keep them for cultural reasons.

These changes wouldn’t be comparable to your fridge or toilet talking to you, as many tech savants like to suggest. (If you think that’s weird, our bath here in Japan already does talk.) I’m talking about changes you barely even notice. Like when 3G became 4G on your phone.

Of course, investors would still be profiting from this radical shift. If they own the stocks that make it happen and the stocks that benefit most from the shift.

And so I’d like to introduce you to Nikola Tesla’s final prophecy… The “World Brain” technology is about to be rolled out.
=======

[Jayke]

For anyone who agrees with J. P. Morgans “Millionaires don't use Astrology, billionaires do.” Qoute.

An interesting video on the birth chart of Bitcoin.

jbIGl-e8aFo

[mountain_jim]

Appreciate this thread, as we first got invested in crypto in June, a good time to get into BTC though not as good as March would have been.

Read this today, interested in opinions as everyone these days has a tout it seems....



xlm is where its at (stellar lumens) central banks are looking for exactly what xlm has for cross border trades.
Plus its an open system and not closed like ripple plus the creator of ripple that left and made xlm owns 10% of the ripple coins.
Xlm just got PayPal too.

[Jayke]

Appreciate this thread, as we first got invested in crypto in June, a good time to get into BTC though not as good as March would have been.

Read this today, interested in opinions as everyone these days has a tout it seems....



xlm is where its at (stellar lumens) central banks are looking for exactly what xlm has for cross border trades.
Plus its an open system and not closed like ripple plus the creator of ripple that left and made xlm owns 10% of the ripple coins.
Xlm just got PayPal too.


XLM over Ripple for me.

Coins with liquidity (the ones that are bought and sold frequently and moved around on the market) tend to help drive up price. Just look at Monero and Ethereum. It's wealth generated from the transection fees that give them a lot of the value. Xlm's transaction fees are tiny compared to other coins so it'll require huge volumes of transactions to create the same wealth as the Ethereum market. Definitely one to hold for the future but might take a while for mass adoption to set in before the transaction volumes get high enough, although getting on PayPal could make that happen much quicker.

I keep buying Stellar XLM but end up exchanging them to Hbar on the retracements since HBar has been performing so well for me over the past week. I’d buy more Algorand as well but it’s already doubled in price in 7 days. I’ll see what any dips and retracements bring before pulling the trigger on that one.

[Jayke]

The announcement that the stable coin of the Brazilian economy BRZ has chosen to work on the Algo network sent prices soaring today. A couple related articles:

=============

https://www.algorand.com/resources/news/brazilian-stablecoin-launches-on-algorand-blockchain





BRZ launches on Algorand blockchain
By: Transfero Swiss

The protocol is the third blockchain that BRZ is integrated with, increasing the possibilities of use cases of the Brazilian cryptocurrency

Transfero announces that BRZ - the Brazilian Real-backed stablecoin created by the company - is officially available on Algorand, a world-class blockchain powering secure and efficient frictionless exchange. With that, Algorand becomes the third blockchain that the Brazilian cryptocurrency is integrated with, helping to expand the use cases for BRZ across a broad range of payments and financial applications.

As evidenced by the recent and rapid growth and usage of stablecoins on public chains, there is a tremendous need for blockchain infrastructure to scale to support significantly higher transaction throughput and lower fees significantly. In that sense, Algorand allows that growth with lower costs for users. “We are very pleased with this expansion of BRZ because we are paving the way for the cryptocurrency to be able to meet the demand of this growing market”, celebrates Transfero’s CEO, Thiago Cesar.

BRZ is the leading Brazilian Real-backed stablecoin and, since its launch in 2019, has become the most traded stablecoin representing a Latin American fiat-currency. Transfero’s cryptocurrency is available on several platforms and acts as a seamless bridge between international markets and Brazil. With BRZ, it is possible to move balances between global platforms in seconds using blockchain technology. It also is one of the most sophisticated hedge instruments for digital assets. Currently, BRZ has reached 204 million tokens in circulation.

About Transfero

Transfero Swiss is a global financial blockchain technology-based company headquartered in the Crypto Valley, in Zug, Switzerland, and Rio de Janeiro. The company’s primary mission is to facilitate and promote access to digital assets. The company is the BRZ Token issuer, the first Brazilian Real-backed stablecoin, and a protagonist in ​​buying and selling cryptocurrencies for large volume transactions.

About Algorand

Algorand Inc. built the world’s first open source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products. This blockchain, the Algorand protocol, is the brainchild of Turing Award-winning cryptographer Silvio Micali. A technology company dedicated to removing friction from financial exchange, Algorand Inc. is powering the DeFi evolution by enabling the creation and exchange of value, building new financial tools and services, bringing assets on-chain and providing responsible privacy models. For more information, visit www.algorand.com.

=============
=============

https://cointelegraph.com/news/stablecoin-adoption-and-pivot-to-defi-drive-algorand-algo-price-higher





Three reasons for the surging interest in Algorand are its capacity as a platform for stablecoins as they become increasingly integrated into traditional financial channels, its expansion into DeFi through partnerships and DApp creation, and the ability to earn a yield by simply holding tokens in a network wallet.

Stablecoin use increases

Stablecoins became a widely discussed topic among regulators and traditional finance after Facebook revealed its Libra project in 2019.

In early January 2020, the U.S. Treasury's Office of the Comptroller of the Currency announced that national banks would be allowed to run independent nodes for distributed ledger networks and conduct transactions with various stablecoins that operate on these networks.

Algorand had previously been chosen by Circle as one of the platforms to host its USDC stablecoin and the Marshall Islands also chose the network for its national digital currency.

The protocol’s pure proof-of-stake consensus mechanism allows all wallets to participate in validating blocks, helping to increase network security and transactions per second capabilities.

Recently, high gas fees on Ethereum have left stablecoin issuers and DeFi traders looking for viable alternatives and Algorand is quickly emerging as a prime candidate. Likewise, central banks from around the world have begun analyzing which blockchain network to integrate their digital currencies (CBDC) with and Algorand has made it on the shortlist of viable contenders.

Algorand enters DeFi

Decentralized finance has quickly become one of the main driving forces behind the continued growth of the cryptocurrency sector, and Algorand stands poised to take full advantage of its development.

Several recent high-profile partnerships point to Algorand’s growing aspirations within the DeFi and fintech space.

Instimatch Global, a digital platform for institutional short-term money market trading, partnered with Algorand in early January and now a large portion of the millions of dollars in transactions it conducts each quarter will pass through the Algorand network.

https://s3.cointelegraph.com/uploads/2021-02/bc82f388-d113-4825-a146-f434feae4dd5.png

Other notable partners include Frontier, a chain-agnostic DeFi aggregation layer which received a grant from the Algorand Foundation to grow the Algo DeFi ecosystem, and Opulous, the “first-ever decentralized finance (DeFi) offering backed by music as an asset class.”

Cryptocurrency asset security platform Curv has also joined forces with Algorand and will integrate the network within its asset-agnostic technology infrastructure, while Algorand will benefit from Curv’s custody solutions.

ALGO staking creates buy pressure

Another reason for Algorand’s continued growth comes down to the simplicity of staking on the network. ALGO holders can easily stake their tokens on the network and earn 7.19% by simply holding the tokens in the Algorand Wallet.

Only 1 ALGO is needed to begin earning and currently 2.33 billion ALGO, or 59.5% of the circulating supply, are staked on the network.

https://s3.cointelegraph.com/uploads/2021-02/4784fde6-fcae-476d-8925-eaa9d668f6e2.png

As blockchain technology and cryptocurrencies continue to gain widespread acceptance and adoption, networks capable of handling increased transaction loads will be needed to efficiently onboard new users into the crypto ecosystem.

Algorand’s rapidly expanding DeFi infrastructure, a growing list of partnerships and the possibility of it being chosen to support CBDCs show the project has strong fundamentals.

Furthermore, the ability to easily earn a 7% yield while also helping to maintain the network’s security could attract new investors and lead to an uptick in buy pressure for ALGO.

==========

[Jayke]

Two of the most successful Bitcoin leverage traders use their chart analysis skills to predict where Bitcoin could break out to if more companies follow Elon Musk and start buying into the market. Both independently predict the $300,000 mark for different reasons.
kNITkUvEBHg

[Jayke]

New micropayment system being built on the Hbar network:





RJzQXHYkuwM
In this episode, Alex Taylor, Founder of KPAY, discusses his experience working in various enterprise IT roles and eventually stumbling upon Hedera Hashgraph. Throughout his participation in one of Hedera’s hackathons, Alex ended up building KPAY – one of the easiest to use micropayments tools available today. Simply sign up, add in a link, and start earning cryptocurrency (or fiat) without having to go through any burdensome onboarding processes.

Listen to this podcast to hear Alex’s journey within the Hedera Community, learn more about what he is building with KPAY and what he is most excited about for web 3.0 and cryptocurrency in the future.

Learn more here: https://kpay.live/

[wegge]

Jayke do you know of any safe wallet where we can also keep the hottest coins that are showing up here?

I just don´t want to have several wallets, is there any way around that or am I not getting something?

[Jayke]

Jayke do you know of any safe wallet where we can also keep the hottest coins that are showing up here?

I just don´t want to have several wallets, is there any way around that or am I not getting something?

I’m just using Exodus.com for now because you can store all the coins we’ve had under review plus dozens more. The private keys are stored locally on your computer or can be combined with a Trezor for extra security.

I went in heavy on Algorand when it was still trading under a dollar so I’ve just moved these to CoinZoom.com since their holdings are secured by BitGo, only 2% is left liquid on the exchange while the rest is held in cold storage, and your holdings are insured for up to $100million incase of theft or loss. CoinZoom offer between 7%-13% APY on any Algo holdings which even though it’ll fluctuate is better than what Exodus offers. Plus they have a VISA debit card so I’ll be able to spend any of those APY earnings without having to transfer any Algo out of the account.

Downside is you won’t hold your own private keys so beware cancel culture but when you’re only playing with money you wouldn’t miss to begin with, easy come, easy go as they say.

If any of these assets ever do start making serious gains though. There was an entry on the BitGo ledger that when I looked it up wasn’t a coin but a crypto bank.

https://www.silvergatebank.com/

I’ve already got a name for an LLC lined up if my crypto assets ever reach over $100k in value. It can be cheaper to pay yourself in dividends as the director of your own company than it is to pay the capital gains tax if you withdraw the money for profit, at least here in the U.K.

[wegge]

Amazing!

What do you think about creating a Telegram chat with other interested members and people we know IRL (many of my friends dabble with cryptos now, but they aren´t on PA)

Which could be more of a day to day trends notification thing.

[Jayke]

Amazing!

What do you think about creating a Telegram chat with other interested members and people we know IRL (many of my friends dabble with cryptos now, but they aren´t on PA)

Which could be more of a day to day trends notification thing.

Yeah, set it up, the more people compiling their own research around these topics the better.:happythumbsup:

[Jayke]

Hedera Hbar to be the token behind every debit card transaction in Australia by the end of this year? Not sure how quickly it’ll take for EFTPOS to roll this out but will surely cause an epic bull run like we saw recently with Algorand taking on Brazil’s stablecoin offering.

I wonder why Australia are the first country to take up Hbar? Couldn’t be anything to do with being so close to the Chinese markets perhaps.:cash:
=================

https://www.eftposaustralia.com.au/2021/01/28/australias-eftpos-joins-hedera-governing-council-and-will-run-aussie-hedera-network-node/





Australia’s eftpos joins Hedera Governing Council and will run Aussie Hedera network node
January 28, 2021

eftpos today announced it has joined the Hedera Governing Council and will run the country’s first Hedera network node this year.
Designed to be the most decentralised governance model for a public ledger, the Hedera Governing Council includes a group of highly diversified enterprises and organisations overseeing a global network of nodes that aims, among other things, to enable low cost micropayments for a range of use cases such as the Internet of Things (IOT) and access to content streamed over the internet.
eftpos CEO, Stephen Benton, said eftpos joined the Council after a number of successful proofs of concept last year, and it aimed to enhance the company’s digital payments innovation strategy to better meet Australians’ payment needs into the future.

“By joining the Hedera Governing Council and running the Australian node, alongside some of the world’s largest and most influential companies, we are excited to participate in the development of next-generation micropayments technology that has the potential to open up entirely new ways of conducting business for Australian enterprises and enable compelling new experiences for Australian consumers.

“For example, in a world of fast paced technology change, low cost micropayments to pay for internet content or tiny payments for device to device transactions.”

The eftpos digital strategy was devised with an Australian focus, creating world-class innovations to compete with global payments players. The digital strategy has five key elements:

Mobile Wallets including Beem It
eCommerce
Digital identity, using connectID
Fintech ecosystem access
National QR code payments rollout.

The initial objective of the micropayments proof of concepts, led by eftpos Entrepreneur in Residence, Rob Allen, was to investigate ways to create a seamless, sub-cent micropayments experience as an alternative to traditional online paywalls and subscriptions in the digital world.

“By combining the new eftpos API infrastructure with a consumer wallet-based experience, digital identity, and an AUD-based stablecoin using Hedera’s superfast, secure and low-cost distributed network, the PoC’s objective was demonstrably achieved,” Mr Allen said. “Use cases like this simply are not possible on other public blockchains. Along with several partners, we are now exploring a variety of use cases that this combination of technologies enables and the options to commercialise them.

“Being on the Hedera Governing Council will provide us with the combined technical insight of all the Council members as well as a unique global perspective to improve our speed to market.”

Mance Harmon, CEO and co-founder of Hedera Hashgraph, said, “As Australia’s debit card system operator, eftpos is a critical component of the country’s financial infrastructure, processing over 2 billion transactions in 2020 worth an average of more than $300 million each day. We are pleased that they have joined the Hedera Governing Council as part of their new Australia-first digital product strategy. We look forward to their collaboration with other Council members and participants of the Hedera ecosystem to help make micropayments and other innovative financial models a reality for millions of consumers and billions of IOT devices.”

As the 17th Council member, eftpos joins a growing network of large enterprises, including Avery Dennison, Boeing, Dentons, Deutsche Telekom, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.
Members of the Hedera Governing Council are responsible for running the initial nodes of the Hedera network, as well as guiding both strategy and software development, over a maximum of two consecutive three-year terms. This contributes to stability and is conducive to maintaining diversity and decentralisation of the public network. Hedera Hashgraph’s node policy and codebase are undergoing continuous updates, to which Council members will contribute, supporting a governance model that eliminates the risk of forks, provides safeguards for users, and preserve the integrity of the Hedera network.
For more information, visit https://hedera.com/council.

About Hedera

Hedera Hashgraph is a decentralised public network on which developers can build secure, fair applications with near real-time finality. The platform is owned and governed by a council of the world’s leading organisations including Avery Dennison, Boeing, Dentons, Deutsche Telekom, DLA Piper, eftpos, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.
For more information, visit www.hedera.com, or follow us on Twitter at @hashgraph, Telegram at t.me/hederahashgraph, or Discord at www.hedera.com/discord. The Hedera whitepaper can be found at www.hedera.com/whitepaper.

About eftpos

eftpos is Australia’s debit card system, processing over 2 billion debit card transactions in 2020 worth an average of more than $300 million each day.
eftpos is wholly owned by its 19 members, comprising the largest financial institutions and retailers in Australia, including Adyen, Australia and New Zealand Banking Group Limited, Australian Settlements Limited, Bank of Queensland Limited, Bendigo and Adelaide Bank Limited, Citigroup Pty Limited, Commonwealth Bank of Australia, Coles Group Limited, Cuscal Limited, EFTEX, Fiserv, Indue Limited, ING DIRECT, National Australia Bank Limited, Windcave Pty Ltd, Suncorp Bank, Tyro Payments, Westpac Banking Corporation, and Woolworths Group Limited.

For more information on eftpos, please visit: www.eftposaustralia.com.au
Media inquiries: Warwick Ponder, eftpos, 0408 410 593, WPonder@eftposaustralia.com.au
==========

[Matthew]

Amazing!

What do you think about creating a Telegram chat with other interested members and people we know IRL (many of my friends dabble with cryptos now, but they aren´t on PA)

Which could be more of a day to day trends notification thing.

Count me in :happythumbsup:

https://image.flaticon.com/icons/png/512/301/301753.png
https://3.bp.blogspot.com/-GwtxugzTefY/UsS4keKl5zI/AAAAAAAAHgI/Cukf7be8ESA/w1200-h630-p-k-no-nu/dogecoin-crypto-coins-alt-crypto-cryptocurrencies-news.jpg
https://cdn4.iconfinder.com/data/icons/crypto-currency-and-coin-2/256/cardano_ada-512.png
https://cdn4.iconfinder.com/data/icons/crypto-currency-and-coin-2/256/stellar_xlm-512.png

[Jayke]

Big announcements in the crypto world due on Monday according to BitBoy. The most impactful one was the revelation that Miami wants to become the Silicon Valley of the crypto world and has agreed to pay its employees in Bitcoin.


https://maxbit.cc/miami-agrees-to-pay-its-employees-in-bitcoin/


Miami has officially become America’s biggest Bitcoin hub

Miami’s City Commission has successfully passed a resolution proposed by Mayor Francis Suarez that allows municipal employees to get paid in Bitcoin.

The workers of the Magic City will be able to receive either a portion of their salaries or their whole paycheck in the world’s largest cryptocurrency.

To top that off, Miami residents can pay fees and taxes in Bitcoin, which essentially makes Florida’s second-largest city a major cryptocurrency hub.

In his video message, Suarez expressed his gratitude to commissioners for making Miami a “crypto-forward city.”

But that’s just one of several important news announcements that could make 2021 a year of incredible wealth restructuring for the planet. As the old systems of finance are long overdue a massive crash, money is being funnelled into crypto at massive rates to side step getting caught up in the rubble.

ajCDr-0hHlI

Ditranium (the earthquake prediction through planetary alignments guy) also predicts intense energies by the end of the weekend. Expecting magnitude 8 as a possibility. Let’s see what shockwaves it sends through the financial industries.

https://i.imgur.com/B2EC8mV.jpg

[palehorse]

Hello

@wegge and @jayke may I suggest to create this group with Discord? Avalon already got many users there, you can check it out here:
https://discord.com/channels/797845141343043596/797845142266445845

Despite I dislike exchanges platforms, I am very much interested in the tech itself, then I would like to make part of this group.

Thanks.

[Matthew]

Bitcoin continues to spike up, intimidating most other cryptos I like. Doge is giving a very polite descent. Cardano (ADA) buyers and sellers scrap unrelentingly, irrespective of where they are on the log scale. I have no idea what I'm doing, don't listen to me. As far as I'm concerned it's like a bank but you have to make your own interest

https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Ftse3.mm.bing.net%2Fth%3Fid%3DOIP.BpR6yuBpkT_NJ2OcKeR5rQHaHa%26pid%3DApi&f=1

[Vangelo]

RE:


Hedera Hbar to be the token behind every debit card transaction in Australia by the end of this year? Not sure how quickly it’ll take for EFTPOS to roll this out but will surely cause an epic bull run like we saw recently with Algorand taking on Brazil’s stablecoin offering.

I wonder why Australia are the first country to take up Hbar? Couldn’t be anything to do with being so close to the Chinese markets perhaps.:cash:
=================

https://www.eftposaustralia.com.au/2021/01/28/australias-eftpos-joins-hedera-governing-council-and-will-run-aussie-hedera-network-node/





Australia’s eftpos joins Hedera Governing Council and will run Aussie Hedera network node
January 28, 2021

eftpos today announced ... << see Original Post for the deleted text >>

For more information on eftpos, please visit: www.eftposaustralia.com.au
Media inquiries: Warwick Ponder, eftpos, 0408 410 593, WPonder@eftposaustralia.com.au
==========

Did a little research on HBAR and learned a bunch. Thanx for the ponter Jayke. I am a bit cautious now ...
hIyL3d68Cg0

[Jayke]

RE:


Hedera Hbar to be the token behind every debit card transaction in Australia by the end of this year? Not sure how quickly it’ll take for EFTPOS to roll this out but will surely cause an epic bull run like we saw recently with Algorand taking on Brazil’s stablecoin offering.

I wonder why Australia are the first country to take up Hbar? Couldn’t be anything to do with being so close to the Chinese markets perhaps.:cash:
=================

https://www.eftposaustralia.com.au/2021/01/28/australias-eftpos-joins-hedera-governing-council-and-will-run-aussie-hedera-network-node/





Australia’s eftpos joins Hedera Governing Council and will run Aussie Hedera network node
January 28, 2021

eftpos today announced ... << see Original Post for the deleted text >>

For more information on eftpos, please visit: www.eftposaustralia.com.au
Media inquiries: Warwick Ponder, eftpos, 0408 410 593, WPonder@eftposaustralia.com.au
==========

Did a little research on HBAR and learned a bunch. Thanx for the ponter Jayke. I am a bit cautious now ...
hIyL3d68Cg0

Yeah I've seen that one. I researched his research and I couldn't verify his claims. BitBoy did a better job analysing Hbar a while back, seems to have a better grasp of what Hbar is about.

_19hjWLFaVQ

Do a google search for 'Hedera TPS' for different studies and results achieved.

[Mike Gorman]

As a 'Boomer' I am meant to be too confused about Cryptocurrencies, but I am reasonably digital literate! I became involved with Bitcoin last April and made a modest investment: I use the 'Electrum' software wallet (backed up) and this has worked very well for me.
I am like many people, annoyed with myself for not buying 100's of Bitcoins when they were fractions of a dollar in value; however even with my very modest investment I am impressed with the increase in value, I have multiplied my position by a pleasing amount.
Max Keiser & his associate Stacy are good analysts of the financial world, they have a weekly show on RT/YouTube.
The Blockchain can be pictured as being a Database, with each 'Satoshi' being a 100 millionth part of a Bitcoin, which is a completed 'block' of solved hash problems. You can invest a very small quantity of 'Fiat' currency to try the market, and not risk too much.
Cryptocurrency is becoming very crowded and active, I am staying with Bitcoin because it is the granddaddy of them all, and I just cannot be bothered with all that complexity!

[Jayke]

As a 'Boomer' I am meant to be too confused about Cryptocurrencies, but I am reasonably digital literate! I became involved with Bitcoin last April and made a modest investment: I use the 'Electrum' software wallet (backed up) and this has worked very well for me.
I am like many people, annoyed with myself for not buying 100's of Bitcoins when they were fractions of a dollar in value; however even with my very modest investment I am impressed with the increase in value, I have multiplied my position by a pleasing amount.
Max Keiser & his associate Stacy are good analysts of the financial world, they have a weekly show on RT/YouTube.
The Blockchain can be pictured as being a Database, with each 'Satoshi' being a 100 millionth part of a Bitcoin, which is a completed 'block' of solved hash problems. You can invest a very small quantity of 'Fiat' currency to try the market, and not risk too much.
Cryptocurrency is becoming very crowded and active, I am staying with Bitcoin because it is the granddaddy of them all, and I just cannot be bothered with all that complexity!

If I had any significant stash of bitcoin I’d be holding onto it as well. Morgan Stanley could be the next company to make it go boom with a $150billion investment. I’m happy to sit the Bitcoin bonanza out though and wait for the trickle down into the alt-coin markets. I can make just as much with Hbar going from 5cent to $1 as I can with Bitcoin going from $50,000 to $1,000,000. Percentages over price for me.

rjZ0LrEMqzI

[Jayke]

Is Bitcoin about to break to 54-61k?

I like this guys chart analysis skills. Patterns within patterns. Anyone know the best software for drawing these trading charts?

4sWsmveLul4

[Jayke]

Appreciate this thread, as we first got invested in crypto in June, a good time to get into BTC though not as good as March would have been.

Read this today, interested in opinions as everyone these days has a tout it seems....



xlm is where its at (stellar lumens) central banks are looking for exactly what xlm has for cross border trades.
Plus its an open system and not closed like ripple plus the creator of ripple that left and made xlm owns 10% of the ripple coins.
Xlm just got PayPal too.


Stellar XLM could be good to watch over the next few weeks. Predicted to break into new highs by 22nd Feb based on current trends, and on the back of news the blockchain is partnering with Moneygram in the Southeast Asian markets.

https://editorial.fxstreet.com/miscelaneous/24aw5Y30SvolnlS9E17by39A5oVXE3C9DRlFEERx/feb14-xlm-637488902589436241.png

==========


https://www.crypto-news-flash.com/stellar-based-lightnet-partners-with-moneygram-in-southeast-asia/





Stellar-based Lightnet partners with MoneyGram in Southeast Asia

Stellar-based fintech Lightnet has entered into a collaboration with MoneyGram.
The collaboration focuses on Bridgenet, a first-layer solution from Lightnet that will give MoneyGram a “wider selection of payout services” across Southeast Asia.
Lightnet Pte. Ltd, a Singapore-based fintech company that provides payment solutions based on Stellar’s blockchain technology, today announced a collaboration with MoneyGram. The news could create explosive buzz in the crypto community, as Stellar’s perceived nemesis, Ripple Labs, is known to be invested in MoneyGram to drive the adoption of its XRP based On-Demand Liquidity (ODL) solution.

MoneyGram gets another option with Lightnet

Lightnet announced that Bridgenet, a first-layer solution from Lightnet that connects Money Transfer Operators (MTOs) with MoneyGram’s money transfer services, is the focus of the collaboration. Bridgenet creates interoperability between existing bank rails and non-bank agent networks while bridging the gap between the different services. Suvicha Sudchai, chief product officer of Lightnet, said:

Through Bridgenet, Lightnet helps provide an even wider selection of payout services across Southeast Asia to MoneyGram’s customers via MoneyGram’s participating Money Transfer Operators.
Tridbodi Arunanondchai, Group CEO and Vice Chairman of Lightnet added.

The success of this collaboration reflects Lightnet’s commitment towards improving the efficiency, convenience, affordability and accessibility of cross-border remittances. Lightnet is working tirelessly to make these kinds of services available to everyone.
As the announcement states, MoneyGram already enables money to be sent “in more than 200 countries and territories, with 89 now digitally enabled.” “We are proud to work with Lightnet to increase financial inclusion and provide our customers with the best options for money transfer in ASEAN,” said Grant Lines, chief revenue officer at MoneyGram.

What is Stellar’s role in the collaboration?

There is no word about Stellar’s involvement in the official press release. However, it is known that Lightnet is based on the Stellar blockchain. As Chatchaval Jiaravanon, chairman of Lightnet, revealed in an interview with Forbes in January 2020, the company aims to process $50 billion in international payments annually via the Stellar blockchain by 2022.

We launched Lightnet to offer low-cost and instantaneous financial inclusivity and mobility to the four billion lives across Asia Pacific – all powered by Stellar’s fast, scalable, and sustainable blockchain technology.
Similar to Ripple, Lightnet addresses the global remittance market, focusing on Southeast Asia, a market dominated by millions of unbanked migrant workers who send money home to their families and suffer from the high fees of the SWIFT system.

Regarding whether Stellar’s native token, the Lumens (XLM), will be used as a bridge currency for Lightnet’s services, Interstellar CEO Mike Kennedy said in 2020 that “it’s an option” but not necessary since the transaction are crypto-agnostic. Kennedy also cited Stellar’s ability at the time to support stablecoins to eliminate price fluctuations and volatility in transactions.
============

Of the 4 coins highlighted in the OP. Hbar is currently being rolled out for Australia’s debit card payment system. Algorand seems to be partnering with the South American markets. And Stellar is focusing on the Southeast Asian market. That just leaves us with Tron, which I haven’t heard much about in any breaking news this past week. Time for some digging...

[Jayke]

BitBoy loses 150k overnight as all the crypto markets take a dive. This is why I don’t leverage trade. BitBoy suggests institutional manipulation could be the cause and plans on doing a market analysis to find out what just happened. Personally I’m holding everything until the timeframe of March 2023 until Feb 2024 as I’ve got some excellent Jupiter alignments coming up in that timeframe in my natal chart. I’m thinking that’ll be a good time for the Algo coins. Might take some of my first profits then.E-d40owYzy8

[wegge]

BitBoy loses 150k overnight as all the crypto markets take a dive. This is why I don’t leverage trade. BitBoy suggests institutional manipulation could be the cause and plans on doing a market analysis to find out what just happened. Personally I’m holding everything until the timeframe of March 2023 until Feb 2024 as I’ve got some excellent Jupiter alignments coming up in that timeframe in my natal chart. I’m thinking that’ll be a good time for the Algo coins. Might take some of my first profits then.E-d40owYzy8

Did you get an astro-crypto session with the guy from this video regarding the chart of bitcoin?

Anyways, do you know other resources that look at the cryptos from an astrological perspective? Although I liked his distinction from western astrology.

[Jayke]

Did you get an astro-crypto session with the guy from this video regarding the chart of bitcoin?

Anyways, do you know other resources that look at the cryptos from an astrological perspective? Although I liked his distinction from western astrology.

Eye of the Veda channel? No, I do my own astrology. I’ve studied astrology with Steven Forrest, Lee Lehman, John Frawley, Rick Levine, Judith Hill. Mychal Bryan (https://www.oraculosastrology.com/mychalabryan) was the best teacher I’ve studied with though as he teaches astrology the way it should be really taught, using the ‘Art of Memory’, Giordano Bruno’s memory enhancement system.

Don’t think any of them besides ‘Eye of the Veda’ channel have gotten into cryptocurrencies yet though. If you find any feel free to post as its always great to hear other people’s take on it.

Edit: Found another Astro+crypto guy on YouTube. Adam Sommer.

dKJGIqvOxvk

[wegge]

Did you get an astro-crypto session with the guy from this video regarding the chart of bitcoin?

Anyways, do you know other resources that look at the cryptos from an astrological perspective? Although I liked his distinction from western astrology.

Eye of the Veda channel? No, I do my own astrology. I’ve studied astrology with Steven Forrest, Lee Lehman, John Frawley, Rick Levine, Judith Hill. Mychal Bryan (https://www.oraculosastrology.com/mychalabryan) was the best teacher I’ve studied with though as he teaches astrology the way it should be really taught, using the ‘Art of Memory’, Giordano Bruno’s memory enhancement system.

Don’t think any of them besides ‘Eye of the Veda’ channel have gotten into cryptocurrencies yet though. If you find any feel free to post as its always great to hear other people’s take on it.

Edit: Found another Astro+crypto guy on YouTube. Adam Sommer.

dKJGIqvOxvk

great, so I´m waiting for your YT video ;)

interesting that you mention Giordano Bruno, I just started a book about him and they also mentioned his memory system, but I´m not in the apartment anymore so I coulnd´t finish it.

Is it worth reading up on it?

(also Jon Rappoport, on whose studies my book is mainly based, mentions him in turn.)

[leavesoftrees]

As a 'Boomer' I am meant to be too confused about Cryptocurrencies, but I am reasonably digital literate! I became involved with Bitcoin last April and made a modest investment: I use the 'Electrum' software wallet (backed up) and this has worked very well for me.
I am like many people, annoyed with myself for not buying 100's of Bitcoins when they were fractions of a dollar in value; however even with my very modest investment I am impressed with the increase in value, I have multiplied my position by a pleasing amount.
Max Keiser & his associate Stacy are good analysts of the financial world, they have a weekly show on RT/YouTube.
The Blockchain can be pictured as being a Database, with each 'Satoshi' being a 100 millionth part of a Bitcoin, which is a completed 'block' of solved hash problems. You can invest a very small quantity of 'Fiat' currency to try the market, and not risk too much.
Cryptocurrency is becoming very crowded and active, I am staying with Bitcoin because it is the granddaddy of them all, and I just cannot be bothered with all that complexity!

If I had any significant stash of bitcoin I’d be holding onto it as well. Morgan Stanley could be the next company to make it go boom with a $150billion investment. I’m happy to sit the Bitcoin bonanza out though and wait for the trickle down into the alt-coin markets. I can make just as much with Hbar going from 5cent to $1 as I can with Bitcoin going from $50,000 to $1,000,000. Percentages over price for me.


This video gives an easily understandable explanation of both blockchain and hashtag. (I had never heard of hedera hashtag until this thread!) Now I have a better grasp of what all these computers are doing when they are mining BTC - they are solving a mathematical problem. In the video they say the computers are guessing the solution, which is not quite the same thing, and I wonder why they chose this word.
When I understood how hashtag is so far ahead of blockchain technology it's puzzling why big players such as Morgan Stanley are putting so many eggs in the bitcoin basket

SF362xxcfdk

Skip the introduction and the final intervew it's not worth the listen

[wegge]

Jayke, regarding Software I think Altrady is very good for analysis, although I’m just starting out with trading myself.

That said, one friend suggested to forget about all patterns and indicators and just play with the psychology of people, buy once a coin has cracked a base (kind of a support line/prize in a chart where people say, „okay that’s the time to buy“ so the prize rises above the line).

So supposedly it’s way easier/ more predictable to trade when the prize falls and everybody goes into panic mode.

[halcyon026]

I like this guys chart analysis skills. Patterns within patterns. Anyone know the best software for drawing these trading charts?


Tradingview.com

[halcyon026]

Free Trading Groups: (in no certain order) These discord groups offer a wealth of knowledge and education. Even if all you did was watched in on the conversations to see what you understand and what you don't and using that to go learn what you don't, coming back reading through the groups more, and repeating that process, it will help get you up to speed faster. Sometimes the invite link can expire so I've included links to their Twitter accounts, where they share invite links to their discord.

In these groups you'll find full time, pro, millionaire day traders sharing their setups and chart ideas.

Subverto Trading Club - https://twitter.com/SubvertoXbt ------ https://t.co/l8Idxijb6c?amp=1
Roles/Usernames to pay attention to:
Trusted Trader. Seer, Tae, piermonkey, Mintpal_Ghost, SupremeLeader

Fomocap trades - https://twitter.com/Workedia ------ https://t.co/Ag4FWynz7P?amp=1

Trend Turtles - https://twitter.com/e101y7 ------ https://t.co/FurZSYIGD1?amp=1

SalsaTekila - https://twitter.com/SalsaTekila ------ https://t.co/Pe8JrDLDVF?amp=1

[halcyon026]

Education material for anyone interested in day trading.


##::::::> Koroush AK <::::::##

Technical Analysis Course For Beginners: https://www.youtube.com/playlist?list=PLfs71TITjLv3tM_vAHQO22hJi5O1X76hu
::::::
Risk Management Course For Beginners: https://www.youtube.com/playlist?list=PLfs71TITjLv1OtRO7VnXI-LM7Rt9jlDtZ
::::::
Cryptocurrency Leveraged Trading Tutorial For Beginners: https://www.youtube.com/playlist?list=PLfs71TITjLv18IfbH4WNqGlbtsyaIRifV


##::::::> Crypto Cred <::::::##

Technical Analysis Series: https://www.youtube.com/playlist?list=PLvkpxFSTppm

¤=[Post Update]=¤


##::::::> EmporerBTC <::::::##

Index of tutorials: https://t.me/EmperorbtcTA/261

Important threads:

BEFORE YOU START (Pre-requisites to trading) - https://bit.ly/3a9tCEX / Unrolled: https://bit.ly/3lVDOWX

Learn Basic TA on your own - https://bit.ly/30I0iSB < PDF

Volume Cheat Sheets - https://bit.ly/3gKlTPZ / https://bit.ly/3i5Vk8u

How Pump and Dump Works - https://bit.ly/3ks5fa9

Recommended Books - https://bit.ly/3kuou2W / Unrolled: https://bit.ly/2ZaCdTB

10 Best Trading Lessons - https://bit.ly/31AQcT4 / Unrolled: https://bit.ly/359SBHz

Scalp Short Sample - https://bit.ly/33FeH46 / Unrolled: https://bit.ly/357hV13

Long Swing Sample - https://bit.ly/31DqgGo / Unrolled: https://bit.ly/3i3B2g9

Master-Class

Bullish Divergence - https://bit.ly/3fGhpsl / Unrolled: https://bit.ly/2Zcda2x

Bearish Divergence - https://bit.ly/33WCmgH / Unrolled: https://bit.ly/3bxFYYf

Volume Part 1 - https://bit.ly/31ANltb / Unrolled: https://bit.ly/3599i5V

Support and Resistance - https://bit.ly/3ipzvAx / Unrolled: https://bit.ly/3lS3jbI

Head and shoulders - https://bit.ly/30IvAsN / Unrolled: https://bit.ly/2F4XdDX

Price Action Trading - https://bit.ly/2QAcQWp / Unrolled: https://bit.ly/2F3g42B

Explained in one chart:

1. EMA, Supply, Swings, Position Addition - https://bit.ly/30KCNIW

2. Quick look at Indicator confirmations - https://bit.ly/2PB9VfE

3. Position addition on swings - https://bit.ly/33FXV4V

4. Demand Supply Trade setup - https://bit.ly/2XG7Bsj / Unrolled: https://bit.ly/321OPhu

5. Tutorial to Add Capital to an Exiting entry upon further confirmations: https://bit.ly/3hcG48V

Challenge Study list:
1. Support/Resistance: https://bit.ly/3lS3jbI
2. Demand Supply: https://bit.ly/321OPhu
3. Volume part 1: https://bit.ly/3599i5V
4. Open Interest:
5. OBV:
6. Divergences:
Bullish: https://bit.ly/2Zcda2x
Bearish: https://bit.ly/3bxFYYf
7. Patterns:

[Jayke]

Did you get an astro-crypto session with the guy from this video regarding the chart of bitcoin?

Anyways, do you know other resources that look at the cryptos from an astrological perspective? Although I liked his distinction from western astrology.

Eye of the Veda channel? No, I do my own astrology. I’ve studied astrology with Steven Forrest, Lee Lehman, John Frawley, Rick Levine, Judith Hill. Mychal Bryan (https://www.oraculosastrology.com/mychalabryan) was the best teacher I’ve studied with though as he teaches astrology the way it should be really taught, using the ‘Art of Memory’, Giordano Bruno’s memory enhancement system.

Don’t think any of them besides ‘Eye of the Veda’ channel have gotten into cryptocurrencies yet though. If you find any feel free to post as its always great to hear other people’s take on it.

Edit: Found another Astro+crypto guy on YouTube. Adam Sommer.

dKJGIqvOxvk

great, so I´m waiting for your YT video ;)

interesting that you mention Giordano Bruno, I just started a book about him and they also mentioned his memory system, but I´m not in the apartment anymore so I coulnd´t finish it.

Is it worth reading up on it?

(also Jon Rappoport, on whose studies my book is mainly based, mentions him in turn.)

You’d be doing yourself a disservice if you didn’t read up on Giordano Bruno. Especially if you’re in the ‘power of imagination’ business.

Francis Yates ‘the art of memory (https://www.amazon.co.uk/Art-Memory-Frances-Yates/dp/1847922929/ref=sr_1_1?dchild=1&keywords=Francis+yates&qid=1613470898&sr=8-1)’ and ‘Giordano Bruno and the hermetic tradition (https://www.amazon.co.uk/Giordano-Hermetic-Tradition-Routledge-Classics/dp/041527849X/ref=sr_1_5?dchild=1&keywords=Francis+yates&qid=1613470898&sr=8-5)’ are a must for cultural background and lineage of the tradition.

Don Tolman has a great DVD set going into some of the details for the techniques.
https://dontolman.com/product/bootcamp4brains-imagination-academy-6-dvd-set/

A copy of Bruno’s ’On the Shadows of Ideas (https://www.amazon.co.uk/gp/product/1935006975/ref=ppx_yo_dt_b_asin_title_o08_s00?ie=UTF8&psc=1)’ was translated from Latin to English for the first time last year as well. Where the maestro of imagination outlines his memory system. Amazing.


Jayke, regarding Software I think Altrady is very good for analysis, although I’m just starting out with trading myself.

That said, one friend suggested to forget about all patterns and indicators and just play with the psychology of people, buy once a coin has cracked a base (kind of a support line/prize in a chart where people say, „okay that’s the time to buy“ so the prize rises above the line).

So supposedly it’s way easier/ more predictable to trade when the prize falls and everybody goes into panic mode.

The software and drawing charts is more so I can compare any movements in the markets with any astrological alignments that might be going on. Your friends strategy sounds a lot like ‘buying the dips’.:happythumbsup:

[Jayke]

This video gives an easily understandable explanation of both blockchain and hashtag. (I had never heard of hedera hashtag until this thread!) Now I have a better grasp of what all these computers are doing when they are mining BTC - they are solving a mathematical problem. In the video they say the computers are guessing the solution, which is not quite the same thing, and I wonder why they chose this word.
When I understood how hashtag is so far ahead of blockchain technology it's puzzling why big players such as Morgan Stanley are putting so many eggs in the bitcoin basket

SF362xxcfdk

Skip the introduction and the final intervew it's not worth the listen

Great documentary, detailed explanation of the potential of blockchain, think I’ll put that video in the OP.:thumbsup:

~~~~~~~~~~~~~

In other news Algorand tech developer gives some insight to the projects being rolled out on Algorand. One point of note in particular is a company called Monerium (https://monerium.com) who are using Algorand blockchain to develop the Euro stable coin and GBP stable coin. Algorand seems to be cornering the Western Hemisphere markets for fiat exchanges into cryptocurrency.

6kJelWbbg7E
~~~~~~~~~~~~~

Hedera also posted the results of this years Hackathon. Outlining 21 new projects being built on the Hedera network.

https://hedera21.devpost.com/project-gallery/

Lots of interesting wallets and exchanges in the works to rival Ethereums current stranglehold on some of these systems. One of the stand out ones for was ‘The World Computer’, which has the potential to completely eliminate the need for sever farms or centralisation of servers in Silicon Valley for instance. Game-changing technology.


https://devpost.com/software/the-world-computer-eh81t9





TvFB56fGmh4
Inspiration

The World Computer Project, in combination with the Hedera Token Service (HTS) realizes the dream Leemon Baird (and so many others) have for a software platform designed to build fully-distributed applications that harness the power of the cloud without servers.

My entry for this Hackathon will show what a brave-new digital "attention" economy without servers looks like, and how marrying a secure, fast, reliable, distributed P2P operating system technology with the trust-layer afforded by the Hedera HTS, it is possible to give the Internet back to the commons.

What it does

The P2P design of the World Computer takes back control over the Internet from those that seek to control it, without requiring users to change the way they do things. The World Computer together with HTS inverts the web and removes the need entirely for centralized servers, without the end user noticing. Users work with email, browse web pages, access files, in a completely distributed way, using all the usual protocols (i.e.; SMTP, POP3, HTTP, NTFS, etc.,) but in a completely decentralized way with no rent seekers in the middle. The users (and developers) of the World Computer only ever deal with a massive "single local computer" abstraction, where everything feels local.

The World Computer Project presents an extraordinary opportunity to bring all of the necessary technology pieces together – security, identity, trust, and scalable distributed/decentralized data with distributed ledger technology – to usher in revolutionary new digital capabilities on a global scale to significantly advance human prosperity. Chief among these is the opportunity to socially engineer a guaranteed fair, transparent, and accountable financial system for everyone. Such a system would encompass a payments systems using a built-in utilitarian crypto-currency built with HTS that facilitates value exchange between parties, as well as an immutable accounting system to irrefutably track and verify those exchanges over time. This project entry will demonstrate those ideas in action.

========

[indigopete]

Crypto deep-dive.

The stock-to-flow chart basically tells you everything you need to know about when prices rise, to what level and and when to expect consolidations (the post-bubbles "crashes").

https://blog.cryptowat.ch/bitcoin-stock-to-flow-stf-indicator-live-cryptowatch/?ref=tokendaily

[Jayke]

Crypto deep-dive.

The stock-to-flow chart basically tells you everything you need to know about when prices rise, to what level and and when to expect consolidations (the post-bubbles "crashes").

https://blog.cryptowat.ch/bitcoin-stock-to-flow-stf-indicator-live-cryptowatch/?ref=tokendaily

Perfect. Thankyou :happythumbsup:

~~~~~~~~~~~~~~~~

Hbar developers Ledgerama, discuss their new WallaWallet (https://wallawallet.com), which integrates with MoonPay.com (https://www.moonpay.com) to set up a Hbar account and start buying Hbars without the need for signing up to an exchange.

MxVKJcirGoo

[DSKlausler]

Thanks for this.

After reviewing... not too long, but about a week - why would anyone NOT want to go with a hashgraph base?
Also, calling it a blockchain 3.0 is a bit of a misnomer, correct?

Would the biggest issue with ANY hashgraph be that it will simply kill all the current fraud?
Won't the financial industry fight this with everything they have?

We know that, practically routinely, people with select knowledge, especially that differing from what the overlords allow, are "disappeared."
Has this technology spread so broadly that this is now simply unstoppable? If that is true, wont the overlords attempt to corrupt this "system" like they have all the others?

Yeah, I know, a lot of questions - but I am sitting here saying to myself: this is something I have to get in to.

[Vangelo]

After doing research this weekend, I bought a little HBAR and ADA. Thanks for the info above.

[Jayke]

Thanks for this.

After reviewing... not too long, but about a week - why would anyone NOT want to go with a hashgraph base?
Also, calling it a blockchain 3.0 is a bit of a misnomer, correct?

Would the biggest issue with ANY hashgraph be that it will simply kill all the current fraud?
Won't the financial industry fight this with everything they have?

We know that, practically routinely, people with select knowledge, especially that differing from what the overlords allow, are "disappeared."
Has this technology spread so broadly that this is now simply unstoppable? If that is true, wont the overlords attempt to corrupt this "system" like they have all the others?

Yeah, I know, a lot of questions - but I am sitting here saying to myself: this is something I have to get in to.

The one downside to Hbar is the Byzantine Fault Tolerance only holds as long as 1 bad actor doesn’t manage to buy up 30% of all the available tokens. If 30% of all nodes fall into the hands of bad actors, the ‘gossip protocol’ the system is based on can be hijacked. In theory, this is why they have their governing council, so all the nodes can be decentralised and dispersed, preventing that kind of centralised ownership.

The CEO Mance Harmon also plans on making sure the price of each Hbar is high enough that it won’t be economically possible for 1 entity to buy up 30% of the system, as he mentioned in his interview with Mike Maloney in the Gold and Silver interview earlier in the thread.

The problem with the governing council though (Microsoft, IBM, Google, Deutsche telecom, Boeing, etc) is that all these globalist megaCorps tend to walk in lockstep to ‘Blackrock’ and the cult of Saturnalia. The cult of the black cube. So, in theory the network looks decentralised, yet behind the scenes whoever owns the ‘golden shares’ still gets to pull the levers of power.

That being said. I think the spirit of the developers tends to live in the code they create, and everyone I’ve been watching in the crypto sphere so far seems to be in it for the right reasons. Human creativity and ingenuity is immense, so it’s possible the globalists may overlook the unpredictable and, especially with Hedera, we might be witnessing a genie the globalists won’t be able to put back in the bottle once it fully takes off.

============

http://republicbroadcasting.org/news/these-big-four-companies-control-the-world-yet-youve-probably-never-heard-of-them/





These ‘Big Four’ Companies Control the World, Yet You’ve Probably Never Heard of Them

Some people have started realizing that there are large financial groups that dominate the world. Forget the political intrigues, conflicts, revolutions and wars. It is not pure chance. Everything has been planned for a long time.

Some call it “conspiracy theories” or New World Order. Anyway, the key to understanding the current political and economic events is a restricted core of families who have accumulated more wealth and power.

We are speaking of 6, 8 or maybe 12 families who truly dominate the world. Know that it is a mystery difficult to unravel.

We will not be far from the truth by citing Goldman Sachs, Rockefellers, Loebs Kuh and Lehmans in New York, the Rothschilds of Paris and London, the Warburgs of Hamburg, Paris and Lazards Israel Moses Seifs Rome.

Complete List of BANKS Owned or Controlled by the Rothschild Family

Many people have heard of the Bilderberg Group, Illuminati or the Trilateral Commission. But what are the names of the families who run the world and have control of states and international organizations like the UN, NATO or the IMF?

To try to answer this question, we can start with the easiest: inventory, the world’s largest banks, and see who the shareholders are and who make the decisions.

The world’s largest companies are now: Bank of America, JP Morgan, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley.Let us now review who their shareholders are.

Bank of America:

State Street Corporation, Vanguard Group, BlackRock, FMR (Fidelity), Paulson, JP Morgan, T. Rowe, Capital World Investors, AXA, Bank of NY, Mellon.

JP Morgan:

State Street Corp., Vanguard Group, FMR, BlackRock, T. Rowe, AXA, Capital World Investor, Capital Research Global Investor, Northern Trust Corp. and Bank of Mellon.

Citigroup:

State Street Corporation, Vanguard Group, BlackRock, Paulson, FMR, Capital World Investor, JP Morgan, Northern Trust Corporation, Fairhome Capital Mgmt and Bank of NY Mellon.

Wells Fargo:

Berkshire Hathaway, FMR, State Street, Vanguard Group, Capital World Investors, BlackRock, Wellington Mgmt, AXA, T. Rowe and Davis Selected Advisers.

We can see that now there appears to be a nucleus present in all banks: State Street Corporation, Vanguard Group, BlackRock and FMR (Fidelity). To avoid repeating them, we will now call them the “big four.”

Goldman Sachs:

“The big four,” Wellington, Capital World Investors, AXA, Massachusetts Financial Service and T. Rowe.

Morgan Stanley:

“The big four,” Mitsubishi UFJ, Franklin Resources, AXA, T. Rowe, Bank of NY Mellon e Jennison Associates. Rowe, Bank of NY Mellon and Jennison Associates.

We can just about always verify the names of major shareholders. To go further, we can now try to find out the shareholders of these companies and shareholders of major banks worldwide.

Bank of NY Mellon:

Davis Selected, Massachusetts Financial Services, Capital Research Global Investor, Dodge, Cox, Southeatern Asset Mgmt. and … “The big four.”

State Street Corporation (one of the “big four”):

Massachusetts Financial Services, Capital Research Global Investor, Barrow Hanley, GE, Putnam Investment and … The “big four” (shareholders themselves!).

BlackRock (another of the “big four”):

PNC, Barclays e CIC.

Who is behind the PNC? FMR (Fidelity), BlackRock, State Street, etc.

And behind Barclays? BlackRock.

And we could go on for hours, passing by tax havens in the Cayman Islands, Monaco or the legal domicile of Shell companies in Liechtenstein. A network where companies are always the same, but never a name of a family.

In short: the eight largest U.S. financial companies (JP Morgan, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, U.S. Bancorp, Bank of New York Mellon and Morgan Stanley) are 100% controlled by ten shareholders and we have four companies always present in all decisions: BlackRock, State Street, Vanguard and Fidelity.

In addition, the Federal Reserve is comprised of 12 banks, represented by a board of seven people, which comprises representatives of the “big four,” which in turn are present in all other entities.

In short, the Federal Reserve is controlled by four large private companies: BlackRock, State Street, Vanguard and Fidelity. These companies control U.S. monetary policy (and world) without any control or “democratic” choice.

These companies launched and participated in the current worldwide economic crisis and managed to become even more enriched.

To finish, a look at some of the companies controlled by this “big four” group

Alcoa Inc.
Altria Group Inc.
American International Group Inc.
AT&T Inc.
Boeing Co.
Caterpillar Inc.
Coca-Cola Co.
DuPont & Co.
Exxon Mobil Corp.
General Electric Co.
General Motors Corporation
Hewlett-Packard Co.
Home Depot Inc.
Honeywell International Inc.
Intel Corp.
International Business Machines Corp
Johnson & Johnson
JP Morgan Chase & Co.
McDonald’s Corp.
Merck & Co. Inc.
Microsoft Corp.
3M Co.
Pfizer Inc.
Procter & Gamble Co.
United Technologies Corp.
Verizon Communications Inc.
Wal-Mart Stores Inc.
Time Warner
Walt Disney
Viacom
Rupert Murdoch’s News Corporation.,
CBS Corporation
NBC Universal

The same “big four” control the vast majority of European companies counted on the stock exchange.

In addition, all these people run the large financial institutions, such as the IMF, the European Central Bank or the World Bank, and were “trained” and remain “employees” of the “big four” that formed them.

The names of the families that control the “big four”, never appear.

=========

[DSKlausler]

Thanks for this.

After reviewing... not too long, but about a week - why would anyone NOT want to go with a hashgraph base?
Also, calling it a blockchain 3.0 is a bit of a misnomer, correct?

Would the biggest issue with ANY hashgraph be that it will simply kill all the current fraud?
Won't the financial industry fight this with everything they have?

We know that, practically routinely, people with select knowledge, especially that differing from what the overlords allow, are "disappeared."
Has this technology spread so broadly that this is now simply unstoppable? If that is true, wont the overlords attempt to corrupt this "system" like they have all the others?

Yeah, I know, a lot of questions - but I am sitting here saying to myself: this is something I have to get in to.

The one downside to Hbar is the Byzantine Fault Tolerance only holds as long as 1 bad actor doesn’t manage to buy up 30% of all the available tokens. If 30% of all nodes fall into the hands of bad actors, the ‘gossip protocol’ the system is based on can be hijacked. In theory, this is why they have their governing council, so all the nodes can be decentralised and dispersed, preventing that kind of centralised ownership.


Back to Blockchain... "everyone" acknowledges that it is simply too slow (initially necessarily so). So it seems that it cannot be the future - unless the overlords WANT it permanently slow - and introduce their "enhancements". After reading your post, it seems that we may never be free of the overlords, and their controls.

This goes back to my question: "Won't the financial industry fight this with everything they have? "
They don't need to, they already own the players, and will give out orders as per usual.

So, as a small-time amateur, why would I get into this?
Is it fair to say that Hbar would require daily monitoring, very much like a volatile "stock"? It would require a significant time investment, correct?

Not the same, I know, but this is why I have a management company handling my IRA & 401(k) - I did NOT want to have to become an "expert" on a rigged game. I really don't think I will ever collect on these devices anyway.

If I want to play in the decentralized cryptocurrency world, I MUST become an expert... to a certain extent, correct?

[Jayke]

Back to Blockchain... "everyone" acknowledges that it is simply too slow (initially necessarily so). So it seems that it cannot be the future - unless the overlords WANT it permanently slow - and introduce their "enhancements". After reading your post, it seems that we may never be free of the overlords, and their controls.

This goes back to my question: "Won't the financial industry fight this with everything they have? "
They don't need to, they already own the players, and will give out orders as per usual.

So, as a small-time amateur, why would I get into this?
Is it fair to say that Hbar would require daily monitoring, very much like a volatile "stock"? It would require a significant time investment, correct?

Not the same, I know, but this is why I have a management company handling my IRA & 401(k) - I did NOT want to have to become an "expert" on a rigged game. I really don't think I will ever collect on these devices anyway.

If I want to play in the decentralized cryptocurrency world, I MUST become an expert... to a certain extent, correct?

Buying Hbar now would be like buying shares in Apple when it was just a fledgling company. It’s a long hold investment strategy precisely so you don’t have to trade on the volatility of the markets. Get in early, forget about it and hodl — or “Diamond hands” as they call it on the crypto channels.

CryptoVizor is one of my favourite Crypto channels on YouTube. Especially if you’re holding any Cardano. He releases a couple videos a day and can quickly get you up to speed about what’s going on in the markets, and the different strategies to play with once you’re their.

Ob8xRe1KqTU

[Elainie]

Thanks for this.

After reviewing... not too long, but about a week - why would anyone NOT want to go with a hashgraph base?
Also, calling it a blockchain 3.0 is a bit of a misnomer, correct?

Would the biggest issue with ANY hashgraph be that it will simply kill all the current fraud?
Won't the financial industry fight this with everything they have?

We know that, practically routinely, people with select knowledge, especially that differing from what the overlords allow, are "disappeared."
Has this technology spread so broadly that this is now simply unstoppable? If that is true, wont the overlords attempt to corrupt this "system" like they have all the others?

Yeah, I know, a lot of questions - but I am sitting here saying to myself: this is something I have to get in to.

The one downside to Hbar is the Byzantine Fault Tolerance only holds as long as 1 bad actor doesn’t manage to buy up 30% of all the available tokens. If 30% of all nodes fall into the hands of bad actors, the ‘gossip protocol’ the system is based on can be hijacked. In theory, this is why they have their governing council, so all the nodes can be decentralised and dispersed, preventing that kind of centralised ownership.


Back to Blockchain... "everyone" acknowledges that it is simply too slow (initially necessarily so). So it seems that it cannot be the future - unless the overlords WANT it permanently slow - and introduce their "enhancements". After reading your post, it seems that we may never be free of the overlords, and their controls.

This goes back to my question: "Won't the financial industry fight this with everything they have? "
They don't need to, they already own the players, and will give out orders as per usual.

So, as a small-time amateur, why would I get into this?
Is it fair to say that Hbar would require daily monitoring, very much like a volatile "stock"? It would require a significant time investment, correct?

Not the same, I know, but this is why I have a management company handling my IRA & 401(k) - I did NOT want to have to become an "expert" on a rigged game. I really don't think I will ever collect on these devices anyway.

If I want to play in the decentralized cryptocurrency world, I MUST become an expert... to a certain extent, correct?



The one's at the very top plan to squash cryptos in a few years. Also blockchain is old technology, but you can make some good money the next few years in cryptos.

[Michi]

Being the case that many mega corporations are supporting hbar is a big red flag.
It sounded so great at the outset but has been subverted/hijacked by the filthy rich.
Below a review conclusion:
hIyL3d68Cg0
Is there a real open source crypto currency, non block-chain which is for the people?

[Elainie]

Thanks for this.

After reviewing... not too long, but about a week - why would anyone NOT want to go with a hashgraph base?
Also, calling it a blockchain 3.0 is a bit of a misnomer, correct?

Would the biggest issue with ANY hashgraph be that it will simply kill all the current fraud?
Won't the financial industry fight this with everything they have?

We know that, practically routinely, people with select knowledge, especially that differing from what the overlords allow, are "disappeared."
Has this technology spread so broadly that this is now simply unstoppable? If that is true, wont the overlords attempt to corrupt this "system" like they have all the others?

Yeah, I know, a lot of questions - but I am sitting here saying to myself: this is something I have to get in to.

The one downside to Hbar is the Byzantine Fault Tolerance only holds as long as 1 bad actor doesn’t manage to buy up 30% of all the available tokens. If 30% of all nodes fall into the hands of bad actors, the ‘gossip protocol’ the system is based on can be hijacked. In theory, this is why they have their governing council, so all the nodes can be decentralised and dispersed, preventing that kind of centralised ownership.

The CEO Mance Harmon also plans on making sure the price of each Hbar is high enough that it won’t be economically possible for 1 entity to buy up 30% of the system, as he mentioned in his interview with Mike Maloney in the Gold and Silver interview earlier in the thread.

The problem with the governing council though (Microsoft, IBM, Google, Deutsche telecom, Boeing, etc) is that all these globalist megaCorps tend to walk in lockstep to ‘Blackrock’ and the cult of Saturnalia. The cult of the black cube. So, in theory the network looks decentralised, yet behind the scenes whoever owns the ‘golden shares’ still gets to pull the levers of power.

That being said. I think the spirit of the developers tends to live in the code they create, and everyone I’ve been watching in the crypto sphere so far seems to be in it for the right reasons. Human creativity and ingenuity is immense, so it’s possible the globalists may overlook the unpredictable and, especially with Hedera, we might be witnessing a genie the globalists won’t be able to put back in the bottle once it fully takes off.

============

http://republicbroadcasting.org/news/these-big-four-companies-control-the-world-yet-youve-probably-never-heard-of-them/





These ‘Big Four’ Companies Control the World, Yet You’ve Probably Never Heard of Them

Some people have started realizing that there are large financial groups that dominate the world. Forget the political intrigues, conflicts, revolutions and wars. It is not pure chance. Everything has been planned for a long time.

Some call it “conspiracy theories” or New World Order. Anyway, the key to understanding the current political and economic events is a restricted core of families who have accumulated more wealth and power.

We are speaking of 6, 8 or maybe 12 families who truly dominate the world. Know that it is a mystery difficult to unravel.

We will not be far from the truth by citing Goldman Sachs, Rockefellers, Loebs Kuh and Lehmans in New York, the Rothschilds of Paris and London, the Warburgs of Hamburg, Paris and Lazards Israel Moses Seifs Rome.

Complete List of BANKS Owned or Controlled by the Rothschild Family

Many people have heard of the Bilderberg Group, Illuminati or the Trilateral Commission. But what are the names of the families who run the world and have control of states and international organizations like the UN, NATO or the IMF?

To try to answer this question, we can start with the easiest: inventory, the world’s largest banks, and see who the shareholders are and who make the decisions.

The world’s largest companies are now: Bank of America, JP Morgan, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley.Let us now review who their shareholders are.

Bank of America:

State Street Corporation, Vanguard Group, BlackRock, FMR (Fidelity), Paulson, JP Morgan, T. Rowe, Capital World Investors, AXA, Bank of NY, Mellon.

JP Morgan:

State Street Corp., Vanguard Group, FMR, BlackRock, T. Rowe, AXA, Capital World Investor, Capital Research Global Investor, Northern Trust Corp. and Bank of Mellon.

Citigroup:

State Street Corporation, Vanguard Group, BlackRock, Paulson, FMR, Capital World Investor, JP Morgan, Northern Trust Corporation, Fairhome Capital Mgmt and Bank of NY Mellon.

Wells Fargo:

Berkshire Hathaway, FMR, State Street, Vanguard Group, Capital World Investors, BlackRock, Wellington Mgmt, AXA, T. Rowe and Davis Selected Advisers.

We can see that now there appears to be a nucleus present in all banks: State Street Corporation, Vanguard Group, BlackRock and FMR (Fidelity). To avoid repeating them, we will now call them the “big four.”

Goldman Sachs:

“The big four,” Wellington, Capital World Investors, AXA, Massachusetts Financial Service and T. Rowe.

Morgan Stanley:

“The big four,” Mitsubishi UFJ, Franklin Resources, AXA, T. Rowe, Bank of NY Mellon e Jennison Associates. Rowe, Bank of NY Mellon and Jennison Associates.

We can just about always verify the names of major shareholders. To go further, we can now try to find out the shareholders of these companies and shareholders of major banks worldwide.

Bank of NY Mellon:

Davis Selected, Massachusetts Financial Services, Capital Research Global Investor, Dodge, Cox, Southeatern Asset Mgmt. and … “The big four.”

State Street Corporation (one of the “big four”):

Massachusetts Financial Services, Capital Research Global Investor, Barrow Hanley, GE, Putnam Investment and … The “big four” (shareholders themselves!).

BlackRock (another of the “big four”):

PNC, Barclays e CIC.

Who is behind the PNC? FMR (Fidelity), BlackRock, State Street, etc.

And behind Barclays? BlackRock.

And we could go on for hours, passing by tax havens in the Cayman Islands, Monaco or the legal domicile of Shell companies in Liechtenstein. A network where companies are always the same, but never a name of a family.

In short: the eight largest U.S. financial companies (JP Morgan, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, U.S. Bancorp, Bank of New York Mellon and Morgan Stanley) are 100% controlled by ten shareholders and we have four companies always present in all decisions: BlackRock, State Street, Vanguard and Fidelity.

In addition, the Federal Reserve is comprised of 12 banks, represented by a board of seven people, which comprises representatives of the “big four,” which in turn are present in all other entities.

In short, the Federal Reserve is controlled by four large private companies: BlackRock, State Street, Vanguard and Fidelity. These companies control U.S. monetary policy (and world) without any control or “democratic” choice.

These companies launched and participated in the current worldwide economic crisis and managed to become even more enriched.

To finish, a look at some of the companies controlled by this “big four” group

Alcoa Inc.
Altria Group Inc.
American International Group Inc.
AT&T Inc.
Boeing Co.
Caterpillar Inc.
Coca-Cola Co.
DuPont & Co.
Exxon Mobil Corp.
General Electric Co.
General Motors Corporation
Hewlett-Packard Co.
Home Depot Inc.
Honeywell International Inc.
Intel Corp.
International Business Machines Corp
Johnson & Johnson
JP Morgan Chase & Co.
McDonald’s Corp.
Merck & Co. Inc.
Microsoft Corp.
3M Co.
Pfizer Inc.
Procter & Gamble Co.
United Technologies Corp.
Verizon Communications Inc.
Wal-Mart Stores Inc.
Time Warner
Walt Disney
Viacom
Rupert Murdoch’s News Corporation.,
CBS Corporation
NBC Universal

The same “big four” control the vast majority of European companies counted on the stock exchange.

In addition, all these people run the large financial institutions, such as the IMF, the European Central Bank or the World Bank, and were “trained” and remain “employees” of the “big four” that formed them.

The names of the families that control the “big four”, never appear.

=========



None of the above control the world, the Rothschild's are also lower level with little control. The real control are factions above the Triple Crown . You will never hear their names, they play all sides, they manipulate ALL financial markets at the mere push of buttons. They hate independent cryptos.

[Jayke]

Being the case that many mega corporations are supporting hbar is a big red flag.
It sounded so great at the outset but has been subverted/hijacked by the filthy rich.
Below a review conclusion:
hIyL3d68Cg0
Is there a real open source crypto currency, non block-chain which is for the people?

Old news. Re-read the thread. Already covered here (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1411002&viewfull=1#post1411002). What Guy doesn’t understand in his critique of Hbar is that everything you create, every file on your computer can have its own Hbar wallet, hence the 10,000 TPS between wallets, and its usefulness in the ‘Internet of Things’. But if you follow up on guys research and look on the Hedera website, it doesn’t say what Guy said it does anyway. He’s got his facts wrong somewhere and doesn’t understand the technology, or just plain hasn’t researched it very well.

The anti-globalist alternative was discussed here (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1410037&viewfull=1#post1410037).

MAID coin, safenet (https://safenetforum.org/) and the PARSEC algorithm.

[Jayke]

None of the above control the world, the Rothschild's are also lower level with little control. The real control are factions above the Triple Crown . You will never hear their names, they play all sides, they manipulate ALL financial markets at the mere push of buttons. They hate independent cryptos.

Feel free to add citations. You might find some of those names here:

https://www.oneworldofnations.com/2014/03/global-power-structures-rothschilds-and_30.html

[Elainie]

None of the above control the world, the Rothschild's are also lower level with little control. The real control are factions above the Triple Crown . You will never hear their names, they play all sides, they manipulate ALL financial markets at the mere push of buttons. They hate independent cryptos.

Feel free to add citations. You might find some of those names here:

https://www.oneworldofnations.com/2014/03/global-power-structures-rothschilds-and_30.html


They are none of those but people can think what they want to think. They will never find them unless they have done work for them.

[Jayke]

None of the above control the world, the Rothschild's are also lower level with little control. The real control are factions above the Triple Crown . You will never hear their names, they play all sides, they manipulate ALL financial markets at the mere push of buttons. They hate independent cryptos.

Feel free to add citations. You might find some of those names here:

https://www.oneworldofnations.com/2014/03/global-power-structures-rothschilds-and_30.html


They are none of those but people can think what they want to think. They will never find them unless they have done work for them.

Mysterious!

Anyway, back to something tangible. Thales announce their new ‘Internet of Things’ eSim.

Znt7h-lhBHQ

[DSKlausler]

Buying Hbar now would be like buying shares in Apple when it was just a fledgling company. It’s a long hold investment strategy precisely so you don’t have to trade on the volatility of the markets. Get in early, forget about it and hodl — or “Diamond hands” as they call it on the crypto channels.


This is exactly what I'd like to do.

In minimalist terms, is this about right?


Create/Open an Exodus Wallet
Create/Open a CoinZoom Exchange Account (for crypto to Visa)
"Buy" HBAR using CoinZoom (this seems to accept my personal MasterCard for funds; my bank has outrageous fees for Wire Transfers)
Transfer HBAR to Exodus Wallet
To liquidate, transfer HBAR from Exodus Wallet to CoinZoom and create CoinZoom Visa

[Jayke]

Buying Hbar now would be like buying shares in Apple when it was just a fledgling company. It’s a long hold investment strategy precisely so you don’t have to trade on the volatility of the markets. Get in early, forget about it and hodl — or “Diamond hands” as they call it on the crypto channels.


This is exactly what I'd like to do.

In minimalist terms, is this about right?


Create/Open an Exodus Wallet
Create/Open a CoinZoom Exchange Account (for crypto to Visa)
"Buy" HBAR using CoinZoom (this seems to accept my personal MasterCard for funds; my bank has outrageous fees for Wire Transfers)
Transfer HBAR to Exodus Wallet
To liquidate, transfer HBAR from Exodus Wallet to CoinZoom and create CoinZoom Visa


The Hbar WallaWallet (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1411478&viewfull=1#post1411478) is another alternative for just buying Hbar directly, which utilises moonpay.com (https://www.moonpay.com). You might as well just keep your Hbar in CoinZoom if that’s where you’re purchasing. Although with CoinZoom you do have to hold a certain amount of their Zoom tokens to be eligible for their VISA card. I opted for 3000 zoom tokens which was around $300 for their silver card. Still waiting for the 7 day probationary period before I can do anything with those funds yet though, can’t even sign up for having the card sent out until you’ve been holding your funds there for 7 days, as a fraud prevention measure, so I’ll update about that once it’s available.

Simplest method is buying directly in the WallaWallet and keeping it there.
Exodus is more if you’ve got a portfolio of various crypto’s and you want to see how they’re all performing in one place. Exodus has definitely got the best aesthetics.

[DSKlausler]

Buying Hbar now would be like buying shares in Apple when it was just a fledgling company. It’s a long hold investment strategy precisely so you don’t have to trade on the volatility of the markets. Get in early, forget about it and hodl — or “Diamond hands” as they call it on the crypto channels.


This is exactly what I'd like to do.

In minimalist terms, is this about right?


Create/Open an Exodus Wallet
Create/Open a CoinZoom Exchange Account (for crypto to Visa)
"Buy" HBAR using CoinZoom (this seems to accept my personal MasterCard for funds; my bank has outrageous fees for Wire Transfers)
Transfer HBAR to Exodus Wallet
To liquidate, transfer HBAR from Exodus Wallet to CoinZoom and create CoinZoom Visa


The Hbar WallaWallet (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1411478&viewfull=1#post1411478) is another alternative for just buying Hbar directly, which utilises moonpay.com (https://www.moonpay.com). You might as well just keep your Hbar in CoinZoom if that’s where you’re purchasing. Although with CoinZoom you do have to hold a certain amount of their Zoom tokens to be eligible for their VISA card. I opted for 3000 zoom tokens which was around $300 for their silver card. Still waiting for the 7 day probationary period before I can do anything with those funds yet though, can’t even sign up for having the card sent out until you’ve been holding your funds there for 7 days, as a fraud prevention measure, so I’ll update about that once it’s available.

Simplest method is buying directly in the WallaWallet and keeping it there.
Exodus is more if you’ve got a portfolio of various crypto’s and you want to see how they’re all performing in one place. Exodus has definitely got the best aesthetics.

Thanks.

I purposely left off the Hedera Account creation because it didn't seem necessary (it seems to be required by WallaWalet); am I wrong?
WallaWallet does not seem to have a desktop app; am I wrong?
WallaWallet has easy-in funding, but I do not seed an easy-out liquidation method; am I wrong?

[Jayke]

Buying Hbar now would be like buying shares in Apple when it was just a fledgling company. It’s a long hold investment strategy precisely so you don’t have to trade on the volatility of the markets. Get in early, forget about it and hodl — or “Diamond hands” as they call it on the crypto channels.


This is exactly what I'd like to do.

In minimalist terms, is this about right?


Create/Open an Exodus Wallet
Create/Open a CoinZoom Exchange Account (for crypto to Visa)
"Buy" HBAR using CoinZoom (this seems to accept my personal MasterCard for funds; my bank has outrageous fees for Wire Transfers)
Transfer HBAR to Exodus Wallet
To liquidate, transfer HBAR from Exodus Wallet to CoinZoom and create CoinZoom Visa


The Hbar WallaWallet (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1411478&viewfull=1#post1411478) is another alternative for just buying Hbar directly, which utilises moonpay.com (https://www.moonpay.com). You might as well just keep your Hbar in CoinZoom if that’s where you’re purchasing. Although with CoinZoom you do have to hold a certain amount of their Zoom tokens to be eligible for their VISA card. I opted for 3000 zoom tokens which was around $300 for their silver card. Still waiting for the 7 day probationary period before I can do anything with those funds yet though, can’t even sign up for having the card sent out until you’ve been holding your funds there for 7 days, as a fraud prevention measure, so I’ll update about that once it’s available.

Simplest method is buying directly in the WallaWallet and keeping it there.
Exodus is more if you’ve got a portfolio of various crypto’s and you want to see how they’re all performing in one place. Exodus has definitely got the best aesthetics.

Thanks.

I purposely left off the Hedera Account creation because it didn't seem necessary (it seems to be required by WallaWalet); am I wrong?
WallaWallet does not seem to have a desktop app; am I wrong?
WallaWallet has easy-in funding, but I do not seed an easy-out liquidation method; am I wrong?

WallaWallet creates an account for you in the App, but it is more for mobiles or tablets. CoinZoom is the only one with a Visa card for liquidating your holdings should you need to, as long as you don’t mind also holding their zoom tokens for the privelege.

[DSKlausler]

Buying Hbar now would be like buying shares in Apple when it was just a fledgling company. It’s a long hold investment strategy precisely so you don’t have to trade on the volatility of the markets. Get in early, forget about it and hodl — or “Diamond hands” as they call it on the crypto channels.


This is exactly what I'd like to do.

In minimalist terms, is this about right?


Create/Open an Exodus Wallet
Create/Open a CoinZoom Exchange Account (for crypto to Visa)
"Buy" HBAR using CoinZoom (this seems to accept my personal MasterCard for funds; my bank has outrageous fees for Wire Transfers)
Transfer HBAR to Exodus Wallet
To liquidate, transfer HBAR from Exodus Wallet to CoinZoom and create CoinZoom Visa


The Hbar WallaWallet (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1411478&viewfull=1#post1411478) is another alternative for just buying Hbar directly, which utilises moonpay.com (https://www.moonpay.com). You might as well just keep your Hbar in CoinZoom if that’s where you’re purchasing. Although with CoinZoom you do have to hold a certain amount of their Zoom tokens to be eligible for their VISA card. I opted for 3000 zoom tokens which was around $300 for their silver card. Still waiting for the 7 day probationary period before I can do anything with those funds yet though, can’t even sign up for having the card sent out until you’ve been holding your funds there for 7 days, as a fraud prevention measure, so I’ll update about that once it’s available.

Simplest method is buying directly in the WallaWallet and keeping it there.
Exodus is more if you’ve got a portfolio of various crypto’s and you want to see how they’re all performing in one place. Exodus has definitely got the best aesthetics.

Thanks.

I purposely left off the Hedera Account creation because it didn't seem necessary (it seems to be required by WallaWalet); am I wrong?
WallaWallet does not seem to have a desktop app; am I wrong?
WallaWallet has easy-in funding, but I do not seed an easy-out liquidation method; am I wrong?

WallaWallet creates an account for you in the App, but it is more for mobiles or tablets. CoinZoom is the only one with a Visa card for liquidating your holdings should you need to, as long as you don’t mind also holding their zoom tokens for the privelege.

OK, back to my minimalist desires.

Bare bones, I want to buy HBAR (with my MasterCard) from a desktop app, but will use a mobile if absolutely necessary.
Leave the HBAR alone (potentially for years) without my HBAR being either misappropriated or monitored by [any] government.
"Sell" the HBAR at a future date, hopefully at a real value greatly higher than that which I paid (again, without government notice).

Assumptions:
Hadera will be around in years (or an entity that recognizes HBAR).
Purchasing agent will be around in years (or some entity to transfer the HBAR out of the defunct agent).
Accommodating selling agent will be around in years to buy the HBAR and convert/transfer directly to an asset of value.

If I choose WallaWallet, years from now, I will need an entity to accept HBAR either for direct purchase of an asset of value, or to some fiat currency.
Today, how would I liquidate a WallaWallet? I do not see a direct route to fiat or food.

[Jayke]

OK, back to my minimalist desires.

Bare bones, I want to buy HBAR (with my MasterCard) from a desktop app, but will use a mobile if absolutely necessary.
Leave the HBAR alone (potentially for years) without my HBAR being either misappropriated or monitored by [any] government.
"Sell" the HBAR at a future date, hopefully at a real value greatly higher than that which I paid (again, without government notice).

Assumptions:
Hadera will be around in years (or an entity that recognizes HBAR).
Purchasing agent will be around in years (or some entity to transfer the HBAR out of the defunct agent).
Accommodating selling agent will be around in years to buy the HBAR and convert/transfer directly to an asset of value.

If I choose WallaWallet, years from now, I will need an entity to accept HBAR either for direct purchase of an asset of value, or to some fiat currency.
Today, how would I liquidate a WallaWallet? I do not see a direct route to fiat or food.

CoinZoom is the only place I know so far that will let you spend Hbar directly on the VISA without first exchanging to fiat.
WallaWallet will be more off the books government wise (for now at least), you’d liquidate WallaWallet the same way you would exodus wallet, by sending it to your CoinZoom account.

~~~~~~~~~~~~~~~~

CryptoVisor looks at some of the fundamentals of the Bitcoin market. The company MicroStrategy is taking on debt in order to move into Bitcoin. Are they anticipating other institutional money to follow suit and are getting in early before any more price rises?

GbTs824ZRLQ

[Jayke]

Beware fake support accounts requesting seeds phrases for your private key accounts. Huge amount of phishing scams infiltrating the crypto community:

1JivoCfr8ZA

[Jayke]

Does anyone else feel the price of Cardano might be getting suppressed because it’s not one of the globalist backed coins? BitBoy invested $500,000 in Cardano yesterday and it barely made a dent in the overall price. It’s a token Coinbase has continually overlooked and refused to list on their platform despite it performing well as a top 5 coin in the crypto sphere.

In other news, Ethereum is due an upgrade to Ethereums 2.0, which will enable staking. Rewards set to be as high as 8% APY, although Coinbase has said there’ll be a 25% fee for staking on their platform, making it more 6% after their cut of net profits.

New decentralised file storage technology, Filecoin, is now capable of storing 25,000 GB of data, or 25XB — (A thousand GigaBytes now being referred to as 1XB). Is it time to say goodbye to the centralised Amazon Cloud storage server farms?

CryptoVisor discusses all of the above in his latest video:

vayd2h9FiWc

Is the Ethereum price also being artificially suppressed by the whales in the market, ensuring the ‘suits’ can get in at a lower price point before they allow it to shoot up:

UmDT19dNkI0

[DSKlausler]

OK, back to my minimalist desires.

Bare bones, I want to buy HBAR (with my MasterCard) from a desktop app, but will use a mobile if absolutely necessary.
Leave the HBAR alone (potentially for years) without my HBAR being either misappropriated or monitored by [any] government.
"Sell" the HBAR at a future date, hopefully at a real value greatly higher than that which I paid (again, without government notice).

Assumptions:
Hadera will be around in years (or an entity that recognizes HBAR).
Purchasing agent will be around in years (or some entity to transfer the HBAR out of the defunct agent).
Accommodating selling agent will be around in years to buy the HBAR and convert/transfer directly to an asset of value.

If I choose WallaWallet, years from now, I will need an entity to accept HBAR either for direct purchase of an asset of value, or to some fiat currency.
Today, how would I liquidate a WallaWallet? I do not see a direct route to fiat or food.

CoinZoom is the only place I know so far that will let you spend Hbar directly on the VISA without first exchanging to fiat.
WallaWallet will be more off the books government wise (for now at least), you’d liquidate WallaWallet the same way you would exodus wallet, by sending it to your CoinZoom account.

~~~~~~~~~~~~~~~~


OK.

No comment about the longevity of these entities - or should I take your commentary about the Big Guys backing Hedera that makes it more robust (which I do agree with)?
So, even if CoinZoom goes belly up, WallaWallet, riding directly on the Hedera network, should be more dependable (if there is such a thing), right?

[Jayke]

OK.

No comment about the longevity of these entities - or should I take your commentary about the Big Guys backing Hedera that makes it more robust (which I do agree with)?
So, even if CoinZoom goes belly up, WallaWallet, riding directly on the Hedera network, should be more dependable (if there is such a thing), right?

Technically, you’re funds get encrypted and stored directly onto the blockchain so as long as you’ve got your private keys or seed phrase, it doesn’t matter what companies go belly up, as long as the blockchain exists and you’ve got any method to interface with it, you’ll be able to retrieve your funds.

As for the longevity of things, I’m not a financial advisor, no one can know the future for certain. Invest at your own risk, never invest more than you’re prepared to lose and all the usual caveats, etc. Honestly, if you’ve read the thread from beginning to end you should know as much as I do by now. Everything from here on out is just tracking developments as they unfold.

[gord]

If you ever have to read a crypto wallet's seed phrase anywhere, there are at least two back doors into whatever crypto wallet it's associated with. If you thnk about it hard enough, and enough outside the box, you'll understand.

[DSKlausler]

OK.

No comment about the longevity of these entities - or should I take your commentary about the Big Guys backing Hedera that makes it more robust (which I do agree with)?
So, even if CoinZoom goes belly up, WallaWallet, riding directly on the Hedera network, should be more dependable (if there is such a thing), right?

Technically, you’re funds get encrypted and stored directly onto the blockchain so as long as you’ve got your private keys or seed phrase, it doesn’t matter what companies go belly up, as long as the blockchain exists and you’ve got any method to interface with it, you’ll be able to retrieve your funds.

As for the longevity of things, I’m not a financial advisor, no one can know the future for certain. Invest at your own risk, never invest more than you’re prepared to lose and all the usual caveats, etc. Honestly, if you’ve read the thread from beginning to end you should know as much as I do by now. Everything from here on out is just tracking developments as they unfold.

Thanks once again.

Just what I can afford to lose - of course.

Perhaps I misunderstood the beautifully different model of Hedera, in that there is no blockchain... the "nodes" hold common data, no?

In any case, if I do not wish to use my phone, then I [currently] need CoinZoom (or similar) to actually purchase HBAR.

However, from CoinZoom:

There is a maximum of $500 deposit per 24 hours when depositing by Debit Card

I was considering quite a bit more than that - suggestions?

[Jayke]

Thanks once again.

Just what I can afford to lose - of course.

Perhaps I misunderstood the beautifully different model of Hedera, in that there is no blockchain... the "nodes" hold common data, no?

In any case, if I do not wish to use my phone, then I [currently] need CoinZoom (or similar) to actually purchase HBAR.

However, from CoinZoom:

There is a maximum of $500 deposit per 24 hours when depositing by Debit Card

I was considering quite a bit more than that - suggestions?

Stored on the blockchain or the hashgraph, the principle is the same.

I would’ve gone for the Black card on CoinZoom if it wasn’t for the $500 daily deposit limit. It protects against money laundering. After 7 days the withdrawal restrictions get lifted. My 7 days runs out by the weekend so I’ll let you know if it lifts the deposit limit as well.

[DSKlausler]

Thanks very much for that - I look forward to your result.

In the meantime, do you know of any way to easily fund a wallet or exchange account with thousand$ at a time?

[Jayke]

Thanks very much for that - I look forward to your result.

In the meantime, do you know of any way to easily fund a wallet or exchange account with thousand$ at a time?

The buying in Coinbase and sending to exodus wallet has been my go to method for larger sums. It's still the most reliable and trustworthy compared to some of the newer things popping up lately imo.

[DSKlausler]

Thanks very much for that - I look forward to your result.

In the meantime, do you know of any way to easily fund a wallet or exchange account with thousand$ at a time?

The buying in Coinbase and sending to exodus wallet has been my go to method for larger sums. It's still the most reliable and trustworthy compared to some of the newer things popping up lately imo.

Yes, I see that route mentioned frequently on the interweb.

Strange, one of WallaWallet's claims is "Safely buy crypto with a credit card", and nowhere on the site do they offer guidance - either by example or instruction. I requested specifics from them.

[Jayke]

Thanks very much for that - I look forward to your result.

In the meantime, do you know of any way to easily fund a wallet or exchange account with thousand$ at a time?

The buying in Coinbase and sending to exodus wallet has been my go to method for larger sums. It's still the most reliable and trustworthy compared to some of the newer things popping up lately imo.

Yes, I see that route mentioned frequently on the interweb.

Strange, one of WallaWallet's claims is "Safely buy crypto with a credit card", and nowhere on the site do they offer guidance - either by example or instruction. I requested specifics from them.

The app integrates seamlessly with www.moonpay.com.

[DSKlausler]

Thanks very much for that - I look forward to your result.

In the meantime, do you know of any way to easily fund a wallet or exchange account with thousand$ at a time?

The buying in Coinbase and sending to exodus wallet has been my go to method for larger sums. It's still the most reliable and trustworthy compared to some of the newer things popping up lately imo.

Yes, I see that route mentioned frequently on the interweb.

Strange, one of WallaWallet's claims is "Safely buy crypto with a credit card", and nowhere on the site do they offer guidance - either by example or instruction. I requested specifics from them.

The app integrates seamlessly with www.moonpay.com.

Indeed it does - NOT currently available to the U.S. - so that's out for me. According to WallaWallet support.
Additionally, a desk top app is planned, but without a timeframe.

[Jayke]

Some big moves in the cryptosphere today...

Whales have bought gargantuan stake pools of Cardano. CryptoVisor is speculating a possible listing on CoinBase could be incoming.
pHkKZKqOn9g
~~~~~~~~

Algorand revealed the JavaScript developer tools for their blockchain, and showed some of the early adopter ecosystem thats building up around them. Really impressed by Algorand, currently my fave altcoin right now.
3C3d0x8rWzA

https://mobile.twitter.com/__v_0_i_d__/status/1362460270346575874
1362460270346575874
~~~~~~~~

MMCrypto announces he’s secured an interview with the Miami politician who plans on making Miami the crypto central of the US.
k7JHb_sL1kA

[Jayke]

Floating Point Group, an MIT created cryptocurrency exchange taps MIT created Algorand for their USDC stable coin.

===========

https://www.financemagnates.com/cryptocurrency/coins/floating-point-group-taps-usdc-on-algorand-for-faster-transactions/





Floating Point Group Taps USDC on Algorand for Faster Transactions
The USDCa integration allows FPG’s traders to convert funds within seconds into stable tokens on Algorand blockchain.

Crypto prime broker, Floating Point Group (FPG) has added support to the USD Coin (USDC) stablecoin on the Algorand blockchain, aiming for faster trade settlements and to streamline the flow of funds.

The USDCa integration allows FPG’s institutional traders to convert funds within seconds from their bank account or card network into stable tokens on the Algorand blockchain.

As the company continues to add critical pieces of the prime brokerage stock, FPG’s asset managers, proprietary traders and OTC desks can now leverage a “nearly-instantaneous and fully-programmatic settlement” outside the traditional banking system.

Additionally, USDCa helps resolve the issue of extremely-fragmented liquidity in cryptocurrency markets. Getting the best execution involves allowing internal transfers between exchanges and custodial venues as long as they are jointly supported by FPG and USDCa.

The move comes a few months after the stablecoin was launched on the Algorand (ALGO) blockchain, which reduced its reliance on Ethereum network that has offered the support for the native ERC-20 coin since inception.

Acting as a sort of safe haven where crypto traders can park their assets in volatile markets, USDC is an Ethereum-based ERC-20 coin, which makes it easy for wallets, exchanges and other smart contracts to interact with the token.

USDC currently ranks as the second-largest stablecoin by market cap, and the 12th-biggest crypto asset with a capitalization of nearly $7.2 billion. The coin was developed as a joint venture comprising US crypto exchange, Coinbase and payments firm, Circle.

At the time of this release, it takes nearly 500 seconds to move USDC on Ethereum to an exchange like Coinbase. With USDCa, that time is less than 5 seconds. In the last year, Bitcoin’s price has moved by more than 10% within 500 seconds X times, meaning that the speed of value transfer is more salient than ever for investors managing substantial balance sheets,” said John Peurifoy, Floating Point Group CEO and Co-founder.

Floating Point Group is a New York-based cryptocurrency trading platform that leverages smart order routing to provide a “single point of access to digital currency markets.” The startup has recently raised $2 million from venture capital firms, serial angel investor, Naval Ravikant and many mainstream financial institutions.

==============

[DSKlausler]

So, as you all have read, I intend on throwing some money at crypto.

Checked up on my buddies at the IRS - yes, for now, crypto is "property" and taxable for a number of transactions - including, of course, GAINS.

As far as earnings go, am I understanding this correctly?

I buy and do NOTHING other than hold in my wallet
I "stake" (if I qualify) my holdings, and the exchange "pays" me additional crypto at defined rates
I eventually sell/cashout high[er] and hopefully reap the difference between purchase price and sell price


Forgot to mention:
MoonPay through WallaWallet is DIFFERENT than directly through MoonPay.com... questions pending with Support.

[Jayke]

Update on CoinZoom deposits. The deposit limit rises in line with your VIP status. Since I’m at silver level, I can deposit $750 a day. Although looks like that’ll be raised once the 7 day provisional period has passed, according to their support links (https://support.coinzoom.com/en/support/solutions/articles/43000574382-deposit-transfer-funds-and-or-crypto-faqs#anchor2). Algo is the best for staking imo, the blockchain automatically enrolls you into their staking program as soon you hold some in your wallet.

~~~~~~~~~~~~

Upcoming webinar from Hedera. Looks like they’re going straight for the Crown Jewels of the Ethereum market, the NFT’s (https://www.benzinga.com/markets/cryptocurrency/21/02/19715878/over-100m-in-crypto-collectible-nfts-sold-over-past-30-days). The price savings alone will knock Ethereum off top spot, a bold and savage move by Hedera, there’s going to be some Ethereum whales panicking over this announcement.

========

https://hedera.zoom.us/webinar/register/9516135173730/WN_oBWOijXORJOiCkBUzu0A5Q




https://hedera.zoom.us/w_p/91260316432/6bad315f-5e62-4e1c-86d7-c710e0bca32e.jpeg

Topic
INFINITE by SUKU: Issuing NFTs with Hedera Token Service to save 99.98% on Ethereum fees
Description
Join the INFINITE by SUKU CTO, Lucas Henning, and Product Manager Garrett Lee to learn how INFINITE has created scalable, cost-effective, and verifiable product ownership by issuing non-fungible tokens using Hedera Token Service (HTS). By migrating from Ethereum to HTS, INFINITE saves over 99.98% on smart contract token issuance fees while ensuring real-time finality on all transactions.

If you’re interested in supply chain and product authenticity use cases in the DLT and blockchain space, this is a webinar you won’t want to miss.
Time
Feb 25, 2021 10:00 AM in Pacific Time (US and Canada)

==========

Rand Labs gives an indication of how long we’d ideally be hodling Algo coins.


https://randlabs.io/algorand


Long Term Focus = No Short Term Sacrifice
The main reason we at Rand Labs are confident of Algorand's technology is because Algorand is being built with a very long-term mindset. Every single feature, detail, and decision is made thinking of the long-term scalability of the Algorand network. This is why TEAL was created as a basic assembly-style language to never sacrifice latency of the network, or that there are separate validator groups processing the smart contract logics off-chain, or the reason there is a minimum account balance, and many other examples that evidence that Algorand will be as scalable, fast, and secure in 10 years as it is today. Unfortunately, that cannot be said of any other blockchain network today.

This is also in line with Algos 10 year rewards program, which plans to wind down the APY to zero once all coins in their network are in circulation by 2030.


https://algorand.foundation/the-algo/algo-dynamics

Community Incentives: Participation Rewards
https://images.prismic.io/algorandfoundationv2/a1291753-d90c-4a02-b1e8-cffa60f64827_Community+Incentives+Particpation+Rewards.png?auto=compress,format
========

[Jayke]

Big news for Bitcoin today. Hits an all time high of $55,000. The importance of this is that it now puts Bitcoins Market Capitalisation price at over $1trillion. As MMCrypto describes in his video, there are big hedge funds and institutions that are only allowed to invest in assets with a $1trillion or higher market cap, which means the big big money is now officially allowed to enter the fray.

gJyVH_t6y5M

[wegge]

Jayke, have you seen anything coming up astrologically for today until the 27th?

Heard something from two different sources, but this one prediction guy said (back in Nov 2020) Bitcoin would only crash if they couldn’t break through 48k, which it already did. Do they figure in different timelines in astrology?

Here the interview for reference.

bnRt5eS7mzs

Besides that, I invested some money in different coins and Raven (RVN) has been going through the roof.
It was recommended by Patrick Byrne on a side note. Wasn’t he somehow also involved in Trumps efforts to overthrow the election steal?
He comes up in the goldsilver documentary from Bitcoin to Hashgraphs and comes across as a sound libertarian and freedom loving human.

[Jayke]

Jayke, have you seen anything coming up astrologically for today until the 27th?

Heard something from two different sources, but this one prediction guy said (back in Nov 2020) Bitcoin would only crash if they couldn’t break through 48k, which it already did. Do they figure in different timelines in astrology?

Here the interview for reference.

bnRt5eS7mzs

Now is the time to invest in cryptocurrencies, don't wait till 2026 like the guy in the interview suggests (they'll already be a hot commodity by then). The news that PayPal were enabling crypto trading in their app had already broken by Nov 2020. Understanding the fundamentals of the market beats understanding astrological cycles every time. Understanding astrological cycles and then using news about fundamentals to confirm the astrological cycles is even better.

Astrology doesn't predict timelines so much as it predicts potentialities. The problem with astrology is that it's archetypal symbology rather than specific and linear. Archetypes are obvious to spot in hindsight but they're so general and varied no one knows with any specificity how those archetypes might manifest practically.

Measuring anything in astrology using 7 day intervals you'd have to use the Moon. It's the only planet that moves fast enough to have practical signifigance over a 7 day period, and at 1/4th its 28 day cycle. You can use 7 day intervals to quickly calculate any squares and oppositions the moon will be making as it occurs from now.

~~~~~~~~~



snapshot of now:The moon has been making some very bullish conjunctions these past couple days.



Conjunct Uranus on the 17th in Taurus.
Conjunct Mars on the 19th in Taurus.

Uranus and Mars are 2 of the most bullish planets, and in Taurus, the sign of wealth accumulation. Good indicators that confirm what happened with Bitcoin these past couple days.

Moon conjuncts North node in Gemini tomorrow. Gemini the sign of communication, and the North node, the planet of materialism (another very bullish point in astrology). Can probably expect a lot of media buzz and people whipping up a storm of communication between each other about how Bitcoin will be making them rich over the weekend.

22nd: Moon ingresses into Cancer, forms a sextile with Uranus and Trine with Sun. Sun shines a spotlight. Uranus wants us to break through to the next level. Cancer wants to consolidate and preserve for the future.

23rd: Moon sextile Mars, trine Neptune. Mars gets the adrenaline pumping, Neptune evokes our hopes and dreams.

24th: Moon sextile Mars, opposition pluto. People bullish on betting the house on Bitcoin at this point might have a dark night of the soul. A T-sqaure forms between Moon, Uranus and Saturn. The bullish run might encounter challenging resistance at this point. Although the chart is quite dynamic with lots of interconnected dynamics so could be a day of turbulence.

25th: The T-sqaure of resistance solidifies. Moon ingresses into Leo (Bitcoin might be centerstage and in the spotlight).

26th: A T-square forms between Moon, Mars and Venus. Peoples blood might be boiling over as the moon conflicts their wealth.

27th: Moon trine Uranus (a bullish alignment), with Moon opposite Sun and Venus (a Bearish alignment).

It could go either way after the 27th as there's an equal amount of Bullish vs Bearish indicators in the astrology charts. Dynamic tension could cause it to break out higher or it could go into a consolidation pattern for a while. There's more up indicators than down though so the Bull run looks like it'll continue to edge up for a while yet. You'd have to see what news on the fundamentals breaks over that time for better clarity. The news has been coming thick and fast lately so what happens next is anyones guess.

~~~~~~


Besides that, I invested some money in different coins and Raven (RVN) has been going through the roof.
It was recommended by Patrick Byrne on a side note. Wasn’t he somehow also involved in Trumps efforts to overthrow the election steal?
He comes up in the goldsilver documentary from Bitcoin to Hashgraphs and comes across as a sound libertarian and freedom loving human.

Raven coin was mentioned briefly in an MMCrypto and Davinci livestream last night, which could have sent their viewers flocking to invest, pumping up the price. Other than that I've not heard anything about it. With Algorand and Hashgraph coming onto the scene, and the CBDC's (Algorand has been associated with 16 Central Bank Digital Currency Coins already according to some chatter in their Telegram chat), I'm not sure how Bitcoin shard spinoffs like Ravencoin and their proof of work protocol will fair in the future. Nothing stopping it from taking off though if it's more of a peoples backed coin, which can be mined without the big mining rig investments. Bitcoin as it was meant to be perhaps? But will it capture enough interest by the masses and big money financial backing? I'd hodl if I got in before the price spike, but I'd rather buy more Hbar than Ravens if I was putting fresh money into the market right now.

[Jayke]

This is why Hedera going after Ethereum in the NFT market, as mentioned in post 111 (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1412141&viewfull=1#post1412141) above, is a big deal. NFT’s are Non-Fungible Tokens, which include one-of-a-kind digital art pieces, such as the Nyan Cat NFT which sold yesterday for almost $600,000.

============


https://uk.finance.yahoo.com/news/nyan-cat-nft-sells-300-224328791.html





Nyan Cat NFT Sells for 300 ETH, Opening Door to the ‘Meme Economy’

https://s.yimg.com/ny/api/res/1.2/uXcLoNdZfKmdUBqMA3kEUQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcyMC4yNDA3MjIxNjY0OTk1/https://s.yimg.com/uu/api/res/1.2/3.tDJ.UTOUNdsYqkuO9hCA--~B/aD0xNDk2O3c9MTk5NDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/coindesk_75/28384bfe8a2b91b0c16cb8d5d27f4789

An age-old question of how to monetize memes appears to have found an answer. This afternoon, the storied internet sensation, Nyan Cat, sold for 300.00 ETH (about $590,000) in an online auction. It wasn’t the .gif file that was sold, which is still reproducible and found everywhere online, but a cryptographic hash of the psychedelic image on the Ethereum blockchain.

Chris Torres, who created the meme 10 years ago, confirmed the sale and his role in it over email. This was his first experiment with nonfungible tokens (NFTs), a type of digital asset that has taken the crypto scene by storm recently. NFTs, like Bitcoin, are provably scarce and uniquely identifiable. They’ve found application in the world of digital art, as well as more earth-bound industries.

“I am still relatively new to crypto in general, but I see its full potential,” Torres said. The sale took place on the crypto art platform Foundation, which launched just two weeks ago. The auction was open for 24 hours, with bids starting at 3 ETH.

In recent weeks, a number of historical NFTs have sold for hundreds of ETH, like one Crypto Punk variant priced at over $1 million. The NFT-based art market, which has surged with the crypto markets, is now worth over $100 million, with success seen by crypto-native and traditional artists alike.

Torres’ sale represents the latest permutation of the NFT industry: codifying and selling bits of the web that seemingly belong to everyone. “I’m very surprised with the success, but I think I’m most glad knowing that I’ve basically opened the door to a whole new meme economy in the crypto world,” Torres said.

Until now, the creators of memes would often see little recompense for their work. Some scored book deals, others sold t-shirts and merchandise. But there was little reliable way to monetize the idea.

With crypto, any idea can be monetized directly. And so long as the creator’s identity can reliably be tied to the work, it presents the most direct way to reward someone for things others enjoy. Plus, the works can be resold on a secondary market, with proceeds continuing to accrue to the artist.

“I feel like that’s what it really needed, and it’s going to be great seeing how it plays out,” Torres said.
============

In other news yesterday. Gene Simmonds buys $300,000 worth of Cardano. (https://www.coindesk.com/kiss-gene-simmons-buys-300000-worth-of-cardano)

[Jayke]

Guy explains why governments attempting to ban cryptocurrencies are doomed to failure:
KGs9ZATMnCw
DavinciJ15 is a good one to follow, he was begging people to get involved in Bitcoin back in 2013. He predicted back then, just as Max Keiser has always said, the finite nature of Bitcoin is a direct assault on the Rothschild fiat Ponzi scheme of being able to print fiat currency out of thin air. The massive increase in Bitcoins price is a direct result of all the fiat money printing governments have been issuing this past year. Investing in Bitcoin is a way to circumvent any hyperinflation the globalist banksters have planned for us. As Davinci says, Bitcoin was invented to beat them at their own game.
Cw29h7LhEuE

[Jayke]

New real world use cases for Hedera Hbar are being implemented already. Welcome to the world of ‘Universal Digital Coupons’. Are their any other coins—including Bitcoin—with more active, real-world applicable use cases than Hbar? How is this thing still only selling for 14cents?

~~~~~~~~~~~

https://twitter.com/thecouponbureau/status/1362868311395078144
1362868311395078144
~~~~~~~~~~~

A closer look at some of the projects Hederas governing council members are working on:
pSOFW9vgRdU

[Jayke]

Hedera has been working with the NHS in the U.K. via a company called Everyware. Hedera is being used to track the coronavirus vaccine roll-out and monitor equipment associated with the vaccines cold storage protocols.

=============


https://www.everyware.ltd/everyware-hedera-vaccine-monitoring




https://static.wixstatic.com/media/79c516_6c5b6bbb271c4a279ceb5387d5db960a~mv2.png/v1/fill/w_1200,h_676,al_c,usm_0.66_1.00_0.01/Everyware%20and%20Hedera%20Hashgraph%20Enabling%20.png

Warwickshire, United Kingdom, and Dallas, TX – January 19, 2021

Digital asset tracking and monitoring provider Everyware Ltd, and enterprise-grade distributed ledger provider Hedera Hashgraph, are working with an initial group of National Health Service (NHS) facilities to monitor the cold storage equipment being used to store the COVID-19 and other vaccines. The initial facilities in the South Warwickshire region adopting the technology include the Stratford Upon Avon and Warwick hospitals, with a wider rollout planned as vaccine distribution progresses.
​
The various COVID-19 vaccines, including the one developed by Pfizer and now approved for use in the UK, require exact degrees of cold storage at all times in order to maintain their efficacy. While centralized distribution centers and transportation units can store the vaccine at the recommended -70°C±10°C for up to 10 days unopened, they must also be stored at hospitals and other administering centers for five days at refrigerated 2-8°C conditions.
​
Everyware provides asset tracking and monitoring software that can be configured to monitor a number of variables, including temperature, on a 24/7 basis, from anywhere. By leveraging Everyware’s asset monitoring solution at the ‘last mile’, hospitals and healthcare facilities can ensure that vaccines are being maintained at the proper temperature throughout the entire time in their custody, before they are administered to patients. In addition, Everyware enables healthcare facilities to share information with other parts of the vaccine delivery chain – including pharmaceutical providers, centralized storage facilities, and transportation companies, to respond and adjust to any issues as they arise. Everyware’s offering already provides this service for a number of other healthcare and pharmaceutical assets, including chemotherapy and other drugs, and blood and plasma, all of which have their own unique storage requirements.
​
Steve Clarke, Electro BioMedical Engineering Manager at South Warwickshire NHS explained, “Everyware has already demonstrated their capability as a trusted partner, helping us monitor the integrity of a wide variety of clinical applications. As we begin to prepare the roll out of these new COVID-19 vaccines, with the specific temperature requirements, we recognise the importance of utilising their same tracking and monitoring capabilities. This, in turn, will allow us to demonstrate our commitment to providing safe patient care.”
​
Tom Screen, Technical Director for Everyware, said, “Monitoring the ongoing temperature of these refrigeration units is critically important, and ensuring the integrity of that data is an equally important part of maintaining trust in the results, and being able to easily share them across the entire vaccine supply chain. Hedera’s distributed ledger technology provides that tamper-proof record-keeping system, making it perfect for recording and validating results efficiently and cost-effectively. Everyware welcomes collaboration with other partners in the vaccine supply chain to ensure end-to-end traceability.”
​
Hedera is a decentralized public platform on which developers can build secure, fair, fast, trusted applications. The platform is governed by a council of the world's leading organizations including Avery Dennison, Boeing, Deutsche Telekom, Dentons, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.
Mance Harmon, Founder and CEO, explained how the Hedera network creates a secure, distributed base network layer for many kinds of supply chain, pharmaceutical, and healthcare services. “Hedera makes it practical and cost-effective for organizations to benefit from the transparency and accountability of distributed ledgers. Asset monitoring and management is a great example of this, and we’re so pleased to help bring that data integrity and trust to the important work that Everyware is doing with NHS hospitals in support of their emerging COVID-19 vaccination efforts.”
​
About Everyware
​
Everyware delivers comprehensive, no-nonsense asset monitoring to customers, to help them connect and monitor their products and assets in real-time. Everyware delivers real-time intelligence, anomaly detection, and decision making for critical assets globally, providing organizations with instant visibility and accountability, accessible from anywhere.
​
For more information, visit www.everyware.ltd, and follow us on Twitter at @EverywareUK, or LinkedIn at www.linkedin.com/company/everyware-uk.
​
About Hedera
​
Hedera is a decentralized public network on which developers can build secure, fair applications with near real-time finality. The platform is owned and governed by a council of the world's leading organizations including Avery Dennison, Boeing, Deutsche Telekom, Dentons, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.

For more information, visit www.hedera.com, or follow us on Twitter at @hedera, Telegram at t.me/hederahashgraph, or Discord at www.hedera.com/discord. The Hedera whitepaper can be found at www.hedera.com/papers.

==========

[Jayke]

More Hbar news:


UN partner Hala adopts Hedera DLT for conflict early warning system (https://www.ledgerinsights.com/un-partner-hala-hedera-dlt-conflict-early-warning-system/)
Hbar makes the shortlist for a whose who of international payments systems consortium (https://www.w3.org/securepay/).
Hbar literally going to the moon as NASA integrates Hedera into their Aerospace applications (https://twitter.com/BitCatHash/status/1363195463516758020?s=19)
Jiro Olcott, CTO at Power Transition, builds their Dapp on Hedera, facilitating government contracts into the microgrid energy management and distribution networks. (https://www.crowdfundinsider.com/2019/11/153946-jiro-olcott-power-transition-ceo-discusses-how-his-companys-hedera-hashgraph-based-platform-uses-energy-more-efficiently/)
Bitrex rolls out the tokenisation of traditional stocks, Apple, Tesla, Netflix, Amazon etc. (https://www.coinspeaker.com/bittrex-apple-amazon-tesla/)

[Michi]

46190
BTC and HBAR and BNB and ETH and XLM and XMR and possibly other cryptos made quite a dip around 15:00 (CET) my time and recovering slowly.
Anyone around here, who knows what happened.
(One speculation I read was that Musk first praised and lately criticized bitcoin.)

[Jayke]

46190
BTC and HBAR and BNB and ETH and XLM and XMR and possibly other cryptos made quite a dip around 15:00 (CET) my time and recovering slowly.
Anyone around here, who knows what happened.
(One speculation I read was that Musk first praised and lately criticized bitcoin.)

The whole market took a nosedive. Even Algorand briefly dipped down to 50cents on Kraken, before bouncing back to a previous support line. The interesting thing about Bitcoin is you can see which wallet addresses have been making moves. Bitboy Ben traced it back to who he suspects are the culprits in todays show. Looks like big money moves to manipulate market prices. Probably driving down prices on purpose so their buddies can scoop everything up at knock down prices.

zSd8Soacdfo

[Jayke]

Lots of news on Algorand Insider (Algorands official email newsletter), to coincide with the big dips in price again today. Good time to buy the dips.

=========





Continued Momentum: Latest Highlights

Stablecoin Use Accelerates on Algorand with Exchange Support

Marking a major milestone for stablecoin accessibility, the Algorand Foundation is excited to see several leading exchanges announce their support for USDT and USDC, the two most widely used stablecoins, on Algorand. Read More (https://info.algorand.com/e2t/tc/VVQ9H_3Xl7YKW8HKnwp8Br-S-W89-nNw4nnRwHM7WCSh3lGn_V1-WJV7CgNQcW6NC1864Mt75PW3J7RfN3-1XzNW6z2xlH3HYGdbW4T_n105jrMGjW7vrh6P91zy5VW4PNrwc7bP-hVW5PDtBZ4TwxQSW3jmjB33-06bBW2f4KcG2qK2SHW2wmCXG419qRjW7NtN9Z81N_PYW4-1CD75zYvrWW8RPNlv1T9BclW3FG_Gc17HtF7W2ccDKR69HDXJW7QSkLb39FvfTW5BZKcw69ZbtKM435d2X5C47VgHG8z6JvzQbW6 6Nhmn5v8_1ZW5L_qv83t9B09W2JQ0k33Yf8TkW1S8k811-lL7WN343CT_nJf81W4wm4C36xHVdzW2SfKf43fryf8W1n5cs_4N7yYzW5dk3K54K8tvjW638g6K16VX5PW61Kq1K6KR9MV35nJ1)

Floating Point Group Announces Support For Circle's USDC on Algorand

Floating Point Group announced they will leverage Circle's USDC on Algorand for capital efficiency improvements. With USDCa support, FPG’s customers will benefit from Algorand's high performance and instant transaction finality. Read More (https://info.algorand.com/e2t/tc/VVQ9H_3Xl7YKW8HKnwp8Br-S-W89-nNw4nnRwHM7WCR_3lGnJV1-WJV7CgHKrW2qrNVg7Th-WGW2shzF936JrKHW3RF2X36KQtfmW4VHyT49gxqg4N5Sw9_rsvmJyW8c0C306KK-c5W8DxJ8216H5hTW8LfWqS70SZvfW5Ts4J918wL_SN48YD_gwjrYGW1Z-QSN3wRPChW5_fH893T7RJ7W92r2QZ5wLq3mW6nZH5R5zgdsKW82b4K-3VbF4rW6PRgXS8Xf28ZW2Rm8YL1ZX-VpW9l-vbW28g2FkW3vzC021FN18ZN30X80lb-7drW2h5XWl1BfRkQN1XbWyN-PFCkW3L1bmb6vfWZXW2Z1Gxf7SHmd_W7Wx5Q02r7VvvW7H3TZq2PdMcGN96GHF-28GMPW2T8V-11CmJHJ3dXZ1)

Brazilian Real-backed Stablecoin Launches on Algorand

Transfero Swiss announced that BRZ, the Brazilian real-backed stablecoin, launched on Algorand. This will expand the reach and use cases for BRZ across a range of faster payments and financial applications. Read More (https://info.algorand.com/e2t/tc/VVQ9H_3Xl7YKW8HKnwp8Br-S-W89-nNw4nnRwHM7WCR_3lGnJV1-WJV7CgXWpW37rTVn7RmKJTW1LLV_z5Fs1WLW8wz70G7466q_W276brv4TrV8GW5RCyk_81CqBgW2WpfhP4Y-jgPW3b-f4Y8CXYQkW1YN2WR85nD17W2dw9Vn2s8h8bW4QTt6M89bN77W4Z1qDP85GKvlW5XjC1r8RcQfpW5kpZ5q2xZDstW725v_510fQ8H W5zZskf1GMP3nW8gwtJc46pSnKVCGL6W1L-bWWW7r2DRc2w7wX_W4KFSmJ59dmCxW3fhQsK2vjvWxW6QmvW71z6N41W13wNNl1RJ2-NW3k9twK147TYzMW-30djVsL_W8yyZkL6FY8R8W8jVWVZ85V_ssW4QzNny1JjSSrW2fwtvh6fgL1r36yZ1)

Xfinite and Algorand Form Strategic Partnership With Eye on Mass Adoption

Xfinite, built on the Algorand blockchain, aims to create a blockchain-based media ecosystem from which the next generation of digital media and entertainment decentralized apps (dApps) can function and flourish. Read More (https://info.algorand.com/e2t/tc/VVQ9H_3Xl7YKW8HKnwp8Br-S-W89-nNw4nnRwHM7WCR_3lGnJV1-WJV7CgBzrW6Pw3t535C828N7LgsB4vWqRyW9c6Bw61wXZsGN7dPtvB2cqS0W9hHSFP7JT_7TW19Y3Fd7xrQdRW78ywQk8HL8wQW7 4_LFt1Y1WrrW5xvF_96j2bMwW9krG_L75BfBZW8b30w05Z_bNLW6gCD7x7Rx7Q5W56M7Hd55KhQ1W5Yd35h6W1CrcW76xdJM5mX3 VhW2CNMKJ6js-r4W5H0sFS38mCr3W9lBswK2ZdY_-W37Vjzd83GSl5W5v5nk28RcLDsW4xRZhN4yxC_zW70yqKq8pCj7pN32xjMPkDDz_W7fKqn37fBv7WW4DkJbl1-0d8vN6C69Nhxd5kSW2wWvm98_tnTtW2lXK848rcKh53fxW1)

Algorand Launches Official Wallet Website

The Algorand Wallet website has officially launched! Featuring the latest Algorand Wallet information, resources, tutorials and full support. Read More (https://info.algorand.com/e2t/tc/VVQ9H_3Xl7YKW8HKnwp8Br-S-W89-nNw4nnRwHM7WCR_3lGnJV1-WJV7CgV4XW5Tn1q18f_Zr9W1Kdtw43fVw9KVHYytC3J5GF2W7v6H6N6DwnFFW8R82Lf5Ym3FXN3rmlWN_-mjTVbR39s8L_JqtVR9j0R7-jkt2W475spC72QDMbN88WbbCGkJ_hW9kbdCp88_T7QW8gKG175SGT7cW93Wzw03GX29vW2xWs424kn8wBW1b80Mr3M013lW82ly9 J1pYkXmW8320DQ99HLzxW3r2FTg3CXkqMW8-tcVV6hxpl8N2PRjWQRz7RdW4y3fg18YLfrZW4wZWPd8gNFh5W8vWPMT5-GGqMW3DDrgH3LVDPfW1tkHvw88cHHZW4MF7qD1tbb6GW3lDfhM3xLj5CW1Y9l0Y8MQPVc3lr31)

Introducing Algorand Node for Windows

Rand Labs announced the launch of the first Algorand Node installer for Windows. Now anyone with a Microsoft Windows based PC can run a node and participate in consensus. Read More (https://info.algorand.com/e2t/tc/VVQ9H_3Xl7YKW8HKnwp8Br-S-W89-nNw4nnRwHM7WCRJ3lGnpV1-WJV7CgGGdW6gCdvB5fjD2MW46F5Jv1Xvr4gW36dJxz2WJ8y_W6L2j0V75cqBdW1VyrbK5BRhFQW3tfxsn5FJcGDW8Q8YXf1M9rhT W6wGW856tPW37M3SvSjxsKTDW48bv0p4_mDtXVgCs5M7G3KKTW6K-CQb8m7PYcW6478FZ7MhKs7W5MnD7c7WsDxjW3DZB-l5H3q_RW6wMrqR1sM2r7W38Sr-k7KlCM6W2qq6_J35GNzFW1_dmBd8ynmhfW2H-ylb152TBLW11d0GQ80chMpW3bYFCr8m4jzYM-FLnJz8JF0W7DBtWF5vk7PCW3BKgTl16M6qpW1vhN_X6n4hfb3qg41)

An Introduction to Stablecoins for Banks and Fintechs

Need a refresher on stablecoins? Barry Finkelstein walks through what stablecoins are, how they provide price-stability and why leading stablecoins choose to operate on Algorand in his latest blog. Read More (https://info.algorand.com/e2t/tc/VVQ9H_3Xl7YKW8HKnwp8Br-S-W89-nNw4nnRwHM7WCRJ3lGnpV1-WJV7CgQ4cVMST8162rn0JW8RGVPt1DjtCfW1hZ6tD7jkskwW5Qcdtz4HhRN6W8hVXMl10vkx6W2JBqg48_3BDjW5d9gjG21dZhGW 8Pz7Q268_G79W2CQrRx1M80s7W1PNytP4_LRCTN3WyyFDvMX3VW1GRY5m7Tn6BlW8ccpZ18V1v_cW1BWyRQ27FbQqW3tRY841g05-9W6bg2k75J-5qgW5YYFbT2bFd2qW92v9NR47g1HRW6Yg1lp5ttwwFVLCPhg4Wz5nnW6kstGZ7vTn45W73DSPy1ScCzpVj0-Vx1KF2-DVyrbd16GTVh5W8J-bVJ3jK2ZBVNryPM4Mw7d835yN1)

Smart Contracts in Finance: A Guide for Financial Institutions and Fintechs

In this new guide, discover what smart contracts are, how they work, and how they will be deployed in the future of global finance. Read More (https://info.algorand.com/e2t/tc/VVQ9H_3Xl7YKW8HKnwp8Br-S-W89-nNw4nnRwHM7WCSh3lGn_V1-WJV7CgRV4W8XGl2t3gK0KLW7qw_S61BCLnbW5bcFc_6kr77tW38wvtd7lFD4PW19ht6J76VgbFW2pN6W011wR8kVc_hjd86VjwpW 5ZRfq05LDWkvW8HdGCs5fCY1LW75ycry6ynVX-W9jGQmH6V2f7YW7JpFt885Q2GRW5Cg5zy3YW8HwW5_pX9T3CG4QbW8VfpwG2w5T_WW3dbB2r8G2bV0W4dQkNJ3nGKdrW6hwQv05g 9S8ZW3x257D4yhVfyW7RZNRw1PPN3XW6Hs0Dd7f_KMjW5_fQyn79YnC_W7F3FRJ7b0SqPW7Q1wXz8vTHpCW3twfrg7Lv9qKW5hyR 9532vLpTW708Y6B8rHfSLW99wMzD4zsk4-W1wKq2s3NxkcFW7lHM7k4V3KRH3qfp1)========

[DSKlausler]

So, as you all have read, I intend on throwing some money at crypto.

Checked up on my buddies at the IRS - yes, for now, crypto is "property" and taxable for a number of transactions - including, of course, GAINS.

As far as earnings go, am I understanding this correctly?

I buy and do NOTHING other than hold in my wallet
I "stake" (if I qualify) my holdings, and the exchange "pays" me additional crypto at defined rates
I eventually sell/cashout high[er] and hopefully reap the difference between purchase price and sell price


Forgot to mention:
MoonPay through WallaWallet is DIFFERENT than directly through MoonPay.com... questions pending with Support.

Waiting for my bank to test the handshaking to CoinZoom.

[Jayke]

So, as you all have read, I intend on throwing some money at crypto.

Checked up on my buddies at the IRS - yes, for now, crypto is "property" and taxable for a number of transactions - including, of course, GAINS.

As far as earnings go, am I understanding this correctly?

I buy and do NOTHING other than hold in my wallet
I "stake" (if I qualify) my holdings, and the exchange "pays" me additional crypto at defined rates
I eventually sell/cashout high[er] and hopefully reap the difference between purchase price and sell price


Forgot to mention:
MoonPay through WallaWallet is DIFFERENT than directly through MoonPay.com... questions pending with Support.

Waiting for my bank to test the handshaking to CoinZoom.

Bitboy Ben did a show yesterday on tax laws and advice for US cryptocurrency holders. Probably nothing you don’t already know, but always worth a recap.
UDRQtuOv-Pc

[Jayke]

Standard Bank in Africa becomes governing council member of Hedera. The Reserve Bank of Australia prompts an interesting merger with EFTPOS. Hederas governing council member in Australia:

============


https://www.standardbank.com/sbg/standard-bank-group/whats-happening/newsroom/standard-bank-group-establishes-africas-first-hedera-network-node





Standard Bank Group establishes Africa’s first Hedera network node

Standard Bank Group establishes Africa’s first Hedera network node to enable much-needed digitisation of cross-border trade processes

Johannesburg, South Africa and Dallas, TX – 23 February 2021 –

Standard Bank Group, the largest African bank by assets, has partnered with Hedera Hashgraph, an enterprise-grade distributed public ledger, and joined the Hedera Governing Council. Standard Bank will establish the continent’s first Hedera network node, which is set to solve some of the sore points that have historically beset the development of cross-border trade.

Lengthy settlement periods, information asymmetry between multiple parties involved in a transaction, which ends up creating delays in receiving approval from intermediaries, are some of the challenges that create bottlenecks in cross-border trade. Further, there is little to no visibility or transparency for all parties involved.

Hedera’s distributed ledger technology (DLT) effectively allows for the sharing of information between two parties involved in a transaction and ensures that that information or data is in fact credible and authentic – without the need for a trusted intermediary. Transactions conducted via the DLT platform are not confirmed until all data fields and conditions are met. This creates a transparent environment and allows for trades to be settled faster and more efficiently.

Standard Bank Group has been a pioneer in leveraging blockchain and distributed ledger technologies to bring speed and transparency to its large and growing customer base across Africa. It has leveraged this technology for several use cases, including foreign exchange (FX) payments and settlement across partner banks, clients, and counterparties involved in trades.

“As an organisation, we have established that blockchain technology can track and leapfrog legacy issues that prevent a seamless and transparent payment experience for the customer, which ultimately enables cost savings for all stakeholders,” comments Adrian Vermooten, Standard Bank’s Chief Innovation Officer:

“It is within our vision to enable the group and our clients to connect with networks, within and outside of the Standard Bank Group. These developments form part of our strategic objective to drive digital transformation both within the organisation, and with our partners as a key tenet of delivering value for clients.”

While domestic payments are already instant, cheap and transparent, cross-border transactions are subject to several complications such as dependency on banking networks. Many of these challenges are removed when conducting cross-border payments with digital currencies like stablecoins based on a DLT platform. Stablecoins are designed to minimise price volatility by pegging the currency to a relative or particular “stable” asset or basket of assets. The digital currency provides instant settlement and high liquidity and visibility, which in turn helps businesses to track the process and manage their own liquidity needs. This is critical in the current cash-crunch environment.

“As we see increasing interest in Central Bank Digital Currencies (CBDCs), tokenization of assets, and utilization of stablecoins, it has become increasingly clear that digitization of assets will impact all facets of our business, and we must strategically plan for these pieces to work seamlessly together,” said Ian Putter, Head of DLT/Blockchain at Standard Bank Group.

Mance Harmon, CEO and co-founder of Hedera Hashgraph, said, “We are seeing an evolution, as organizations and their business partners recognize the value of harnessing the best of private and public distributed ledgers together. Standard Bank has been a trailblazer in its use of DLT to further its mission of developing platforms to engage with and support communities and businesses wherever they operate, and creating more value socially, economically and environmentally for these communities.”

As part of the partnership, Standard Bank joins the Hedera Governing Council – a growing network of the world’s largest enterprises and organizations, including Avery Dennison, Boeing, Dentons, Deutsche Telekom, DLA Piper, eftpos, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.

Members of the Hedera Governing Council are responsible for running the initial nodes of the Hedera network, as well as guiding both strategy and software development, over a maximum of two consecutive three-year terms. This ensures stability and is conducive to maintaining diversity and decentralization of the public network, with a governance model that eliminates the risk of forks, safeguards users, and preserves the integrity of the Hedera network.

=========


https://www.pymnts.com/news/b2b-payments/2020/new-payments-platform-australia-merges-with-eftpos-bpay/





New Payments Platform Australia Merges With Eftpos, BPAY

New Payments Platform Australia (NPPA), which oversees all transactions through Australia's updated payment system, has announced that it will merge with Eftpos and BPAY, according to a report from ZDNet.

The new combined company will help to make a more unified entity that will help cut costs, boost efficiency and be better positioned to compete with overseas multinational payments programs, the report stated. The new company will have a single board with members of all three companies.

The Reserve Bank of Australia prompted the merger after a review, noting that the consolidation of some local payment groups should be considered, the report stated.

"In Australia, international card schemes and multinational technology providers are dominating the payments sector," the companies said in a statement. "Change is needed to ensure that the Australian payments system supports the best interests of consumers and businesses, through increased choice and competition."

In February, Australia's central bank was considering the necessity of stopping banks from automatically re-routing "tap and go" card payments through large companies like Visa and Mastercard when they could be using Eftpos due to its status as a local payment provider and its cheaper overall rates, PYMNTS reported.

The central bank said using Visa and Mastercard could end up costing double what Eftpos does. And Governor of the Reserve Bank of Australia (RBA) Philip Lowe said he thought the localized nature of Eftpos, owned by Australian financial institutions, was more beneficial for the country.

The ZDNet report noted there are other mergers happening, such as ANZ Bank entering into a joint venture with Worldline, a European payments player. That merger will give a boost to small businesses, commercial and institutional customers looking for quick, secure and reliable point-of-sale (POS) payments.

Mark Hand, group executive of Australia retail and commercial banking at ANZ, said the partnership "responds to the fast-changing way that consumers want to pay for goods and services, particularly in a post-COVID environment," according to the report

=========

[Jayke]

Good Monero chat. Talking price predictions at around the 35 minute mark. If trends continue they’re predicting a $37,000 price tags per coin by 2027. Hopium or is that the way the entire market is moving over a 6 year time period?
SaNTkfgHpNE

[Jayke]

I’ve just added a small amount of Polymath (https://polymath.network) to my portfolio. They’ve partnered with WSBA (Wall Street Blockchain Alliance) (https://www.wsba.co), who I found through their connections to Algorand. Polymath are spearheading the regulation of security tokens for institutional use. An all time high of $1.6 in Feb 2018, it dropped to $0.2 in the recent crypto market bloodbath, but on its way back up.

As the old investment strategy goes, “Buy when there’s blood in the streets, even if it’s your own”
G9MjHRFCISM

[Jayke]

Revisiting Hedera Hbars connection to the blackrock cult of Saturnalia as discussed here (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1411627&viewfull=1#post1411627)

Crypto mason points out that Hbar (the letter h with a bar across the top) is literally the glyph for Saturn in astrology.

Saturn's symbol:

https://luxsaturni.com/static/planets/saturn/saturn-meditation-aid.jpg

Hbar symbol:

https://mma.prnewswire.com/media/955174/Liquid_lists_Hbar.jpg?p=publish&w=950

Kr9l4cks6j4

[Michi]

One can even now buy Sushi :happythumbsup:
(... waiting for Hamburger ...)

... or Döner

46198

:focus:

[Jayke]

Breaking news:

Company associated with the plan to turn Miami into the cryptocurrency capital of the US has pledged to buy $4.8billion worth of Bitcoin (100,000 bitcoins).

eym-fOWHANY

[Jayke]

This is genius. Shouldn’t expect anything less from MIT and Silvio Micalis team over at Algorand. There was a lot of FUD (Fear, Uncertainty, Doubt) on Algorands telegram channel yesterday as the markets turned into a bloodbath. Lots of people complaining about Algorands long term distribution plan artificially keeping down prices. Apparantly it’s in the token economics white papers that every time the Algo coin looks like it’s going to break too far above the 30 day moving average, more coins are injected into the market to keep the price lower, this keeps the price from inflating too dramatically, which enables new developers to get onboard and start building new products on the platform.

This long term tokenomics strategy led to accusations that Algorand was just another stable coin and was doomed to be kept at low prices forever.

As though in a direct response to those complaints, Algorand announced today their own Algorand stable coin as a separate entity to the original coin. Where you’ll be able to use your Algo as collateral to mint a $wAlgoO stable coin tethered to the price of the dollar.:clapping:

==========


https://algorand.foundation/news/opendao




Algorand and OpenDAO — Joining Forces

https://images.prismic.io/algorandfoundationv2/c31281f3-e9a9-49a2-9f1c-d83534740053_photo_2021-02-24_11-18-57.jpg?auto=compress,format

February 24th, 2021 - OpenDAO is happy to announce that they are welcoming Algorand into their DeFi family. Work has already begun on the process for creating the $wAlgoO stable coin with wAlgo as collateral!

Algorand’s efforts to build open source software for an inclusive ecosystem have created a cascade of opportunity throughout the cryptospace and our team and community are beyond excited to be a part of it. We look forward to making the future happen together!

-Sean Qian, OpenDAO Cofounder

What is OpenDAO?

OpenDAO (OPEN) serves as a bridge for real-world assets to cross over into the growing DeFi infrastructure. The goal is to bring more value into the space by providing exposure to real estate, stocks, and more… all in a uniquely permissionless and seamless manner.

Currently, the protocol is developing a suite of ‘flagship stablecoins’ [DOGEO, OCEANO, and DSDO are in development.] This will eventually culminate in a new stable coin backed by the world around you: starting with Bitcoin, Ethereum, and other crypto assets as collateral, but steadily moving to include more off-chain assets and on-chain assets as 2021 progresses.

User Benefits: Mint an $Algo backed Stablecoin

The process for using Algo as collateral to mint a dollar-pegged stablecoin ($wAlgoO) with OpenDAO is underway! But, what’s in it for the end user? If you’re an Algo holder and you’re long on the Algorand Protocol, but want to free up some capital, ‘double down’ on Algo, or diversify your investments, the $wAlgoO stable coin was created with you in mind. The Algo hodler community can convert their Algo to wAlgo and then into the new stable coin. $wAlgoO minters will be able to easily convert their stablecoin to $USDC or similar for deployment elsewhere or will be able to add their newly minted stable coins to the soon-to-come wAlgoO/USDC pool and receive both $Algo and $OPEN as rewards for being a liquidity provider! The process will be streamlined and made as intuitive as possible. The net result is more utility for holders and increased scarcity as a result of removing Algo from circulation.

Audits by OpenZeppelin are now finished, so we expect this process to take only a couple more weeks to complete; you can be sure we will keep you updated!

==========

[Jayke]

Huge use case for Hbar Hedera NFT Token Service. Adding trust to branded goods to prove legitimacy of a product. Say goodbye to cheap, counterfeit, knock-off goods being sold as legit on eBay and Amazon.

-GBoMP1KCRc

[DSKlausler]

So, as you all have read, I intend on throwing some money at crypto.

Checked up on my buddies at the IRS - yes, for now, crypto is "property" and taxable for a number of transactions - including, of course, GAINS.

As far as earnings go, am I understanding this correctly?

I buy and do NOTHING other than hold in my wallet
I "stake" (if I qualify) my holdings, and the exchange "pays" me additional crypto at defined rates
I eventually sell/cashout high[er] and hopefully reap the difference between purchase price and sell price


Forgot to mention:
MoonPay through WallaWallet is DIFFERENT than directly through MoonPay.com... questions pending with Support.

Waiting for my bank to test the handshaking to CoinZoom.

Hey, I don't know if you had difficulty establishing a connection to your source of funds, but here is what my current script looks like:

Create CoinZoom account
Create Wire Transfer in MyBank
MyBank says they sent a Test Transfer (<10USD)
CoinZoom says they have not received any such Test Transfer
MyBank says CoinZoom account refuses transfers IN GENERAL


Yes, I have involved Support on BOTH ends.
Yes, both ends say that I have done everything "properly" and complete.

This can't be the norm, is it?

[Vangelo]

So, as you all have read, I intend on throwing some money at crypto.

Checked up on my buddies at the IRS - yes, for now, crypto is "property" and taxable for a number of transactions - including, of course, GAINS.

As far as earnings go, am I understanding this correctly?

I buy and do NOTHING other than hold in my wallet
I "stake" (if I qualify) my holdings, and the exchange "pays" me additional crypto at defined rates
I eventually sell/cashout high[er] and hopefully reap the difference between purchase price and sell price


Forgot to mention:
MoonPay through WallaWallet is DIFFERENT than directly through MoonPay.com... questions pending with Support.

Waiting for my bank to test the handshaking to CoinZoom.

Hey, I don't know if you had difficulty establishing a connection to your source of funds, but here is what my current script looks like:

Create CoinZoom account
Create Wire Transfer in MyBank
MyBank says they sent a Test Transfer (<10USD)
CoinZoom says they have not received any such Test Transfer
MyBank says CoinZoom account refuses transfers IN GENERAL


Yes, I have involved Support on BOTH ends.
Yes, both ends say that I have done everything "properly" and complete.

This can't be the norm, is it?

I suspect it is caused by the ACH system failure this week:

The Fed’s system that allows banks to send money back and forth went down for several hours (https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html)

I have a friend in the banking industry who was on a con-call with the Treasury about this issue. They said it was an internal system failure and not an external attack. I am skeptical ...

[DSKlausler]

So, as you all have read, I intend on throwing some money at crypto.

Checked up on my buddies at the IRS - yes, for now, crypto is "property" and taxable for a number of transactions - including, of course, GAINS.

As far as earnings go, am I understanding this correctly?

I buy and do NOTHING other than hold in my wallet
I "stake" (if I qualify) my holdings, and the exchange "pays" me additional crypto at defined rates
I eventually sell/cashout high[er] and hopefully reap the difference between purchase price and sell price


Forgot to mention:
MoonPay through WallaWallet is DIFFERENT than directly through MoonPay.com... questions pending with Support.

Waiting for my bank to test the handshaking to CoinZoom.

Hey, I don't know if you had difficulty establishing a connection to your source of funds, but here is what my current script looks like:

Create CoinZoom account
Create Wire Transfer in MyBank
MyBank says they sent a Test Transfer (<10USD)
CoinZoom says they have not received any such Test Transfer
MyBank says CoinZoom account refuses transfers IN GENERAL


Yes, I have involved Support on BOTH ends.
Yes, both ends say that I have done everything "properly" and complete.

This can't be the norm, is it?

I suspect it is caused by the ACH system failure this week:

The Fed’s system that allows banks to send money back and forth went down for several hours (https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html)

I have a friend in the banking industry who was on a con-call with the Treasury about this issue. They said it was an internal system failure and not an external attack. I am skeptical ...

CoinZoom tells me that there is a difference between an electronic transfer and a wire transfer.


A wire transfer goes thru the Fedwire system, bank to bank.

An electronic transfer and/or ACH does not,

I saw no distinction on MyBank.

Waiting on MyBank Support...

Edited here:
MyBank is not clear at all on transfers, but I have been shown the error of my ways.
A new WIRE Transfer will be attempted - as soon as their web site stops spinning and lets me in.

[Jayke]

CoinZoom tells me that there is a difference between an electronic transfer and a wire transfer.


A wire transfer goes thru the Fedwire system, bank to bank.

An electronic transfer and/or ACH does not,

I saw no distinction on MyBank.

Waiting on MyBank Support...

Edited here:
MyBank is not clear at all on transfers, but I have been shown the error of my ways.
A new WIRE Transfer will be attempted - as soon as their web site stops spinning and lets me in.

I’m still waiting for my CoinZoom provisional period to finish before I can order their VISA card and take the account for a spin properly. It was a 30 day provisional period for the amount I put in. Joseph Farrell did his last News and Views from the Nefarium (https://youtu.be/gTAAyKYrxe4) on the FED system going down, he’s heavy into the FUD around the whole cryptocurrency scene.

~~~~~~~~~

Some curious dot-connecting going on in the Hedera telegram chat today, surrounding the private banking blockchain CORDA (https://www.corda.net/get-started/) merging with Google cloud. CORDA is said to be the blockchain Canada are building their stable coin digital currency on, unlike other blockchains CORDA is currently unavailable for public purchase and may be kept business to business. (https://www.coindesk.com/banks-trying-launch-crypto-assets-r3-blockchain-tech).

=========


https://www.assetservicingtimes.com/assetservicesnews/digitalassetsarticle.php?article_id=11571




HSBC moves Corda Enterprise blockchain technology to the Google Cloud

HSBC has become the first financial institution to move software firm R3’s blockchain platform Corda Enterprise onto Google Cloud.

The bank currently uses R3’s Corda technology for Digital Vault, HSBC’s custody blockchain platform. The move will cut client onboarding times from months to weeks, improving the client experience and significantly reducing costs.


Moving the Corda technology to Google Cloud gives the bank the option to move more of the transaction lifecycle on to the ledger in future, including issuing digital tokens instead of paper certificates.

The Digital Vault service, launched in November 2019, digitises the transaction records of private placement assets including equity, debt and real estate.

According to HSBC, this enables global custody clients to access details of their private assets directly and in real-time instead of having to request a search of paper-based records.

The Digital Vault is currently available in Asia and will be rolled out in other regions in due course.

R3’s Corda platform enables businesses to transact directly and privately using smart contracts, reducing transaction and record-keeping costs and streamlining business operations.

Gaurav Aggarwal, head of distributed ledger technology and tokenisation, markets and securities services, HSBC, says: “Being the first organisation to move Corda technology to Google Cloud is a further sign of HSBC’s commitment to blockchain and cloud technologies.”

Aggarwal continues: “As well as cutting onboarding times and reducing costs, it will help us prepare for the future, in which the full transaction lifecycle could be stored on a distributed ledger.”

Cathy Minter, chief revenue officer at R3, comments: “Blockchain’s potential in supporting the custody of future digital asset classes is immense, and we have already seen this in practice with HSBC’s Digital Vault service. As HSBC moves Corda onto Google Cloud, clients will benefit from faster onboarding times and reduced costs. Corda was built with the highest standards of privacy and security in mind.”

According to Minter, the platform is ideally suited to empower HSBC’s global custody clients to access details of their private assets securely, and in real time.
=========

The speculation is that CORDA will be merging with Hedera since Google is on Hederas governing council, and the obvious tokenisation potential of Hbar aligning with CORDA’s intent to tokenise assets.

Someone decided to follow the money on Hederas ledger and found these interesting entries.

corda.h21.aochain.net:10096
corda.h21.aochain.net:10099
corda.h21.aochain.net:10102

“Central Renaissance Bank” of Rome, “Bank Dei Medici” of Milan, “Bank Dei Paschi” of Siena. Lots of big money players moving assets through the polkadot network to integrate CORDA and Hedera accounts.

Seems like a good time to add a few Polkadot (https://polkadot.network) tokens to the portfolio.

Edit: Just bought some Polkadot on Kraken and they currently offer 12% APY for staking it on their platform.

[Jayke]

One digital artist makes $3.5million in a weekend auctioning his NFT digital art collections.

9zTpJJoHmnE

[Jayke]

Algorand helping to shakeup the music industry with its partnership with Ditto and Rand Labs to produce Opulous (https://opulous.org). Ditto already has a user base of 250,000 and has helped collect $1billion worth of royalties for their artists.

=============


https://www.musicweek.com/digital/read/ditto-rolls-out-blockchain-powered-finance-solution-for-streaming-artists/082500






Ditto rolls out blockchain-powered finance solution for streaming artists
by Andre Paine
February 1st 2021 at 12:01AM

Ditto has announced Opulous, a peer-to-peer platform to help increase artists’ access to capital without the need for traditional institutions such as banks.

As a global music distribution and record label services company, Ditto has processed more than $1 billion in royalties to date.

Now the company is rolling out a decentralised finance (DeFi) offering backed by music as an asset class. Opulous will function as a loan pool that artists can borrow from and also contribute towards.

For those artists looking to borrow money, the loan is guaranteed against the artist’s past streaming revenues with the copyrights they own held as collateral. Meanwhile, artists, and other investors, will also be able to pay into Opulous’ Music Copyright Pools, earning 10% per annum on any contributions they make.

Opulous will use blockchain technology to connect investors with artists needing a loan, driving fresh investment into an industry that is set to double revenues over the next decade. Smart contracts will automate monthly premium and interest repayments and direct profits straight to investors.

Ditto CEO Lee Parsons (pictured) said: “Musicians are often largely overlooked when it comes to traditional banking loans, or the terms are so unfavourable it isn’t worth their time. Using DeFi, Opulous cuts out traditional banking, providing musicians with a platform with minimal interest payments, while giving investors the chance to stake a claim in one of the most exciting and fastest growing financial industries in the world.”

Opulous cuts out traditional banking, providing musicians a platform with minimal interest payments

Lee Parsons
“Using blockchain technology to democratise the access to the music’s capital markets is really disruptive and unique,” added David Garcia, CEO and managing partner of Borderless Capital.

“We are excited to back the Opulous platform and for the opportunities this is bringing to investors and music artists. By building on top of the Algorand blockchain, Opulous platform will perform as one of the first real world DeFi applications.”

The idea was inspired by Ditto’s 250,000-plus users, many of whom hold their streaming revenues in their accounts and who also may not be eligible for financial support through traditional means. Opulous, which is also open those not using Ditto, provides new venture for investors while providing the option of financial support for artists who are looking to fund the next stage of their careers.

Currently in development by Ditto and RandLabs, Opulous is being built on Algorand’s public blockchain. Founded in 2017 by cryptographer Silvio Micali, Algorand is an open source public blockchain based on a pure proof-of-stake consensus protocol that supports quick, efficient and secure transactions anywhere in the world.

Opulous has already raised $1.5 million in its seed round of funding, including support from Borderless Capital, TrustVerse, Somesing, BASIC, and Kosmos Capital, with Elastos confirmed as one of the first staking partners. A minimal viable product (MVP) is expected in two months.
==========

Some of these other new startups look interesting as well. TrustVerse (https://trustverse.io/#/) is partnered with Samsung and Microsoft, as well as some Korean brands I’ve never heard of. They have a low market cap token that’s currently 2cents on bithumb exchange.

https://coinmarketcap.com/currencies/trustverse (https://coinmarketcap.com/currencies/trustverse/)

[Jayke]

Digging a little deeper into the Hedera founders, Leemon Baird and Mance Harmon. Their impressive credentials and background has got me thinking this hashgraph/blockchain tech has already been in use by the Secret Space Program for 20 years and they’re just slow dripping it out now for public consumption.

Both Air Force men, Leemon reminds me of Daniel Jackson from the Stargate SG1 tv series.

https://media.defense.gov/2009/May/19/2000570245/-1/-1/0/090507-F-0000R-001.JPG

Mance Harmon was in charge of the cyber command unit the movie ‘WarGames’ was based on, as he says when he introduces himself in this interview (https://youtu.be/evWBgNdWNDk).

~~~~~~~~~~

These 2 men are set to become among the wealthiest people on the planet if their token economics plan and schedule is upheld.

https://hedera.com/hh-hbar-coin-economics-paper-060320-v3.pdf

Instant billionaires if Hbar moves to a $1 price point, as they both hold 2 billion Hbars each for being the inventors of the tech.


FOUNDERS & EARLY EXECUTIVES
Hedera’s co-founders and early members of management also invested in SAFTs and, as part of their compensation, received coin grants. Accounting for coins they may receive through coin grants and the coins they will receive under their SAFTs, Dr. Baird and Mr. Harmon (together, the “Founders”) each have a right to just over 5% of the total coin supply. Dr. Baird and Mr. Harmon each have a coin grant of two billion hbars in total allocation (4% of the total supply of 50 billion hbars), each vesting over a six-year period.

Yet their token economics and the security of the network depends on the price of Hbars being unaffordable for malicious groups to buy 1/3rd of the network. In a political climate where governments can print trillions of dollar at a whim and keep the accounting off the books. At what price point does it become feasible to keep malicious groups from buying up the network? A third of 50billion is small change for some groups. The market cap would have to be in the trillions to quadrillions to secure the network surely. Which means a Hbar price of $100-$1000 at the minimum would be required to secure the network.

Hedera has to pump the price before 2025 in order to move from a “permissioned” to a “permissionless” network and achieve its decentralisation goals. (Their 6 year release plan 2019-2025 can be found on page 20).


https://hedera.com/hh-hbar-coin-economics-paper-060320-v3.pdf


COIN DISTRIBUTION
To ensure the Hedera network is secure under a permissionless model, the network’s coins must be widely distributed. Coins represent the “stake” of voting power in Hedera’s proof-of-stake consensus model – more coins equal more voting power over consensus. Thus, to ensure the security of the network, hbars need to be widely distributed so no attacker or group of attackers can amass control over one-third of the coins.
Hedera aims to combine a “path to permissionless” with a “path to widespread coin distribution” to keep the network secure while working to achieve greater decentralization.
First, until coins are sufficiently distributed, Hedera will remain a permissioned network. For the security of the network, the network will remain permissioned until the total value of all the circulating coins is high enough to be too expensive for a malicious user (or group of users) to buy a third of them to conduct an attack. When proxy-staking is introduced, there will also be a cap on how many hbars can be proxy-staked to a single node.
Second, Hedera has a slow and measured release schedule such that no more than 34% of all hbars are expected to be released until 2025. This slow release schedule is intended to provide for the stable and orderly growth of the network so that it can reach scale without sacrificing the safety necessary for a truly useful and widespread network that realizes the promise of building a trusted, empowering and secure online world. It is also tailored to match projected user needs to discourage excessive speculation in the coins. In addition, by publicly communicating the expected release schedule and requiring any material changes to be implemented through the vote and signature of a diverse set of Governing Council members, Hedera provides transparency and predictability about the total circulating supply of coins to further dampen speculation, minimize information asymmetry, and protect against market manipulation.

~~~~~~~~~~~~~

Another company to pay attention to is QuantStamp (https://quantstamp.com/team), they seem to be working with Hedera to secure and audit any CBDC stable coins that’ll be operating on the Hedera network.

Formally verifying Hederas stablecoin framework (https://quantstamp.com/blog/quantstamp-stablecoin-case-study-formally-verifying-hedera-hashgraphs-stablecoin-framework)

QuantStamp has an impressive team and are already working with lots of leaders in the cryptocurrency industry. Positioning themselves to be the Deloitte of the cryptosphere. Considering the team behind this and the companies and institutions they’re already working with, I’d say the QuantStamp digital token is currently undervalued at less than 4cents. I’m adding a small bag to my portfolio.

WD_KhyWMSDk

[leavesoftrees]

First, until coins are sufficiently distributed, Hedera will remain a permissioned network. For the security of the network, the network will remain permissioned until the total value of all the circulating coins is high enough to be too expensive for a malicious user (or group of users) to buy a third of them to conduct an attack.

What is to stop a malicious user from buying up big at this early stage when HBar is affordable

[Jayke]

First, until coins are sufficiently distributed, Hedera will remain a permissioned network. For the security of the network, the network will remain permissioned until the total value of all the circulating coins is high enough to be too expensive for a malicious user (or group of users) to buy a third of them to conduct an attack.

What is to stop a malicious user from buying up big at this early stage when HBar is affordable

According to their release schedule only 34% of all coins will be released by 2025, the other 64% is to be released up to 2032. The malicious users would have to buy 100% of the 34% available to be able to corrupt the network. You can see the distribution of Hbar accounts at:

https://hash-hash.info/

There’s currently over 122,000 accounts, with 7.4billion Hbar in circulation.

[Jayke]

SafeNet (https://safenetforum.org/) (our anti-globalist underdog project) conducted a market research report into what makes a successful project in the cryptosphere.

Conclusion of their research, Developer Apps drive success. The more use cases available for people to experience, the more of a social media presence. Still no word as to when their network is going live yet. Doesn’t sound too far off though.

C5fdO9SUwTA

[TomKat]

New York Attorney General going after crypto manipulators:

https://www.newsmax.com/finance/streettalk/letitiajames-cryptocurrency-pressrelease/2021/03/01/id/1012011/

[Jayke]

Chris from MMCrypto interviews Michael Saylor. I’ve seen a few Michael Saylor interviews on mainstream news but you can tell he’s always stifled by interviewers who have no idea what they’re talking about. This is the first interview I’ve seen where he can just let his thoughts flow without interruption. The case he makes for owning Bitcoin is really a no-brainer. This is the most succinct and coherent explanation of why to own Bitcoin I’ve seen to date. Great interview!
IaFVNBG9-Lk

[wegge]

FtNtIElO4sI


More on Non Fungible Tokens, he basically breaks it down and makes it more graspable for the layman.

[Jayke]

Interview between Algorand team and the founder of Ditto on the upcoming Opulous (https://opulous.org), the Decentralised finance for musicians. Sounds pretty awesome. Musicians to hold the copyrights to their own music in the future, cutting out the middle men (record labels).

y8sXyvyppho
~~~~~~~~~~~~~

Hedera announce the winners of their latest hackathon. Some big names involved in this, lots of important use cases in development.

lgR3_0MZCm0

[AutumnW]

Ethereum has a different purpose than bitcoin, so it may be worth something in the future. But...bitcoin is likely to drag it down too. I am including the best article and series of responses I have read on this topic. Bitcoin is so beyond absurd, in every way, I can imagine and most of these ways are outlined in this article.


From Naked Capitalism:

As the price of bitcoin continues to rise, this column argues that most of us would not want to live in a society where bitcoin succeeds. Fortunately, the internal contradictions and perverse consequences of cryptocurrencies’ success mean that they are destined for failure. Until then, it might make sense for speculators to ride the cryptocurrency bubble, so long as they get out in time.

https://www.nakedcapitalism.com/2021/02/what-happens-if-bitcoin-succeeds.html

[TomKat]

Martin Armstrong is a very savvy international investor. He thinks the govt will eventually outlaw non-govt crypto currencies:

https://rumble.com/ve6cb5-martin-armstrong-elections-bitcoin-gold-silver-and-tyranny.html

worth a listen for many other statements.

[Jayke]

Ethereum has a different purpose than bitcoin, so it may be worth something in the future. But...bitcoin is likely to drag it down too. I am including the best article and series of responses I have read on this topic. Bitcoin is so beyond absurd, in every way, I can imagine and most of these ways are outlined in this article.


From Naked Capitalism:

As the price of bitcoin continues to rise, this column argues that most of us would not want to live in a society where bitcoin succeeds. Fortunately, the internal contradictions and perverse consequences of cryptocurrencies’ success mean that they are destined for failure. Until then, it might make sense for speculators to ride the cryptocurrency bubble, so long as they get out in time.

https://www.nakedcapitalism.com/2021/02/what-happens-if-bitcoin-succeeds.html

The article just sounds like Soros’s minions are starting to realise Bitcoin is making a mockery of their fiat printing press Ponzi scheme.:happythumbsup:

========


https://www.nakedcapitalism.com/2021/02/what-happens-if-bitcoin-succeeds.html




...Those whose material wellbeing depends on fiat will suffer the worst, like pensioners. Because, as bitcoin continues to gain in dominance, the less we want to hold fiat. We will all want to be paid in bitcoin and hold our savings in bitcoin. As in any market, the amount of goods and services that can be acquired by fiat money will inevitably fall, further hurting those whose lives depend on it.1

The bitcoin enthusiasts will, of course, respond by saying they should also buy bitcoin.

But the perverse consequence of this is that as bitcoin continues its ascendance, the less fiat will be worth.

This is why I think coexistence between bitcoin and fiat would be an unstable equilibrium. If bitcoin becomes successful, then we will want to use it more and more. That makes it even more successful so that we disregard fiat even more. In the end, fiat will be fully displaced, as the success of bitcoin becomes a self-fulfilling prophecy (Aizenman 2019, Auer and Claessens 2018)...

========

I think the writers of that article need to watch the Michael Saylor interview. The fiat printing press Ponzi scheme is the very reason Bitcoin has boomed and will continue to boom in price. Bitcoin reflects the true inflationary impact the trillion dollar bailouts and stimulus packages have inflicted on the value of the fiat dollar. No wonder institutions and big money are starting to jump ship in droves. Bitcoin is the price gold would be if the markets weren’t rigged. The only ones devaluing the dollar are the ones with their fingers on the printing press.

IaFVNBG9-Lk

[Jayke]

Martin Armstrong is a very savvy international investor. He thinks the govt will eventually outlaw non-govt crypto currencies:

https://rumble.com/ve6cb5-martin-armstrong-elections-bitcoin-gold-silver-and-tyranny.html

worth a listen for many other statements.
As Tom Luongo emphatically said in his last market report, Bitcoin has now joined the ‘Too Big to Fail’ club. Some of the alt-coins will get regulated no doubt, leaving the globalist backed coins we’ve been tracking in this thread to gain extra prominence.

========



Market Report: 2/24/2021 - Quit'cher Bitchin' :)
The Tether bomb went off over the crypto market and landed a dud. Oh well, Bitcoin is now Too Big to Fail and the State of NY is happy to yield farm off it like any other DeFi project.

Cost of doing business and all that. I guess tax receipts really are falling off a cliff in NY.

If you don't understand what I'm talking about, or don't want to learn, here's a good article on the settlement (hint: open in Brave to avoid CNBC's ad whining).

https://www.cnbc.com/2021/02/23/tether-bitfinex-reach-settlement-with-new-york-attorney-general.html

The stream I did last night with Halsey and 'cyotee' I refer to in the video is here. I hope it will finally connect some dots for you:

Now, we're hitting on all cylinders.

DkQSRopgLKc
==========

[Jayke]

Rand labs endorsing this bit of speculation with a retweet. Algorand partners with curv. PayPal buys curv. Therefore PayPal will be running on the Algorand network. And gunning for Cardano's place as one of the top 3 blockchains.

https://mobile.twitter.com/DG__tw/status/1366801938298331141
1366801938298331141

https://mobile.twitter.com/randlabs/status/1365325027944636417
1365325027944636417

~~~~~~~~~

Cardano’s market cap is almost $40billion. Algorands is currently just over $2billion. The Algo price would have to 20x for them to knock Cardano off 3rd place (and that’s without Cardanos market cap increasing during the process). A $20 short term goal for Algo? Based on Algorands Fibonacci extension numbers in its current chart, it could easily hit $3 in its next bull run, which seems to occur every 6 months due to their super staking reward distribution for early investors.

[seehas]

i will buy 100x hedera und 100x algorand coins for the forum - just mark this post for the future and i will make the payout in 5 years to the paypal forums address lets see how much it will be :cocktail:

edit: i bet in 5 years from now the forum got its own wallet ready *waving to bill*

btw. thanks jayke, its good to see some info about coins on PA i love it

[palehorse]

New York Attorney General going after crypto manipulators:

https://www.newsmax.com/finance/streettalk/letitiajames-cryptocurrency-pressrelease/2021/03/01/id/1012011/

with all the tumblers, mixers, blenders, oranges, bogus data and fake personas out there, he will find only dust in the ocean!
We can only hope the New York Attorney General find the whales, but then what? many whales are not in US. I have little hope.


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


Crypto market is highly manipulated, I completely lost interest in trading after worked as a programmer with a trading platform and see all the ins and outs (it took me a month or so to understand their dirty business). No thanks. Poor people gambling their hopes and can't see what it really is.

I am not suggesting everybody is dirty in this business, there is people with good intention, there is great projects out there, there is people doing by the book.. but come on it is money business.

Just to make it clear, the exchange I worked with is from someone I already worked in the past and we have a good relationship and some level of trust, but when it comes to play with people's money, then I am out for good.

Just a few details, this "offshore corporation" was registered in the Caribe due to zero tax (fiscal paradise), I had been in contact with quite a few companies and some lawyers that do all the registration process (I do know how to incorporate one) and the person buying the company (shelf or a new one) do not even need to be physically present, it is all done by good old fashioned mail system after all they just need some signatures and the money to start the process (I got an IBC in Seychelles, officially registered in less than 2 days for $550 without bank account, by the way a bank account in Nevis cost about $300)! some of features of these companies: Bearer shares are permitted (that's how terrorists cash out their shares without giving their real names, all one need is to hold the physical stock certificate - there is no ownership registered to that stock share, but many places are not allowing this sort of thing anymore), NO disclosure of shareholders, NO sharing of public register, NO audit requirements, Shelf companies permitted (the one I worked was more than 10 years old, bought straight from the shelf!!), NO personal income tax, NO Corporate income tax, NO Exchange restrictions, NO Tax Treaties... anyone can do it in Anguilla since 2017, there is quite a few other places with the same characteristics, Barbados is another one but it cost more and it differs in some points.

Check their "ANGUILLA UTILITY TOKENS EXCHANGE ACT"
http://www.gov.ai/documents/Anguilla%20Utility%20Tokens%20Exchange%20Act%20(draft).pdf

This company I worked for had at least 4 databases in parallels, they could fake huge volumes and say it was a big buyer when in reality was only themselves moving their own assets into the blockchain (in and out in certain time frame, creating the illusion - Smoking & Mirrors) call me a conspirator, but the point is, no one can prove I am wrong.

I moved some bitcoins weeks ago, into one exchange, (i couldn't find anyone to sell it directly, I just want to sell and cash out) but for my surprise, the time the transaction was done, my wallet was frozen and I couldn't request the withdrawn, not even was able to trade(sell) on the trade market, after about 72 hours I got an email saying that MY BITCOINS was available for trade, but then the price dropped, they said they keep something between 2% and 5% of all assets available in their platform for trade, all the rest goes into some cold wallet.. that's what they said and I am supposed to suck it up.

Crypto currency corporate and gambling corporate are very similar (once you incorporate you just need a license to operate and it cost a lot, many operates without one or using a fake one, who checks after all?), the same lawyers and companies do it all, some companies are more specialized in Gambling, like Curacao companies, others are mixed, they do it all, asset protections, not for profit companies, the list goes on and on, name it, they have.

Fair Warning: Avoid exchanges, beside they collect all your personal data, they play with your money, consequently they are playing YOU.

After you know about it, you still want to trust your hard earned money in the hands of these people?

Sorry for the rant, I want take it out of my chest for a long time, please guys goes on with the thread, it is not my intention to derail it, I just want bring some more clarity of what people are getting into, specially for those that are brand new to crypto markets.

[Jayke]

I moved some bitcoins weeks ago, into one exchange, (i couldn't find anyone to sell it directly, I just want to sell and cash out) but for my surprise, the time the transaction was done, my wallet was frozen and I couldn't request the withdrawn, not even was able to trade(sell) on the trade market, after about 72 hours I got an email saying that MY BITCOINS was available for trade, but then the price dropped, they said they keep something between 2% and 5% of all assets available in their platform for trade, all the rest goes into some cold wallet.. that's what they said and I am supposed to suck it up.

As they say in cryptoland, “if you don’t hold the private keys you don’t hold the coin”. The exchanges are always a gamble to find out if they’re playing it straight or not.

~~~~~~~~~~

Michael Saylor makes a convincing argument about why you should never sell your Bitcoin. The day will arrive in the not too distant future where you’ll be able to use your Bitcoin as collateral for loans. And if the price of Bitcoin continues to outperform the rate of interest on the loan, you’ll basically never have to pay that loan back. I kinda like how billionaires think about the long game in the cryptosphere. We’re on the cusp of an entirely new paradigm of finance...

nJ-3jvC5A7M

[Jayke]

For the past few weeks I’d noticed the majority of alt-coins tend to follow Bitcoin in pricing movement on their charts. Hedera Hbar broke that pattern today and seemed to be the only coin in my portfolio that boomed while everything else took a dive. Sustained high volume trade injected into the Hbar price. Could have something to do with the announcement of Hederas latest council member, EDF (https://www.edf.fr).

=============


https://hedera.com/blog/top-5-global-utility-edf-joins-hedera-governing-council





Top 5 Global Utility EDF Joins Hedera Governing Council

Mar 04, 2021
by Hedera Hashgraph

Hedera is a decentralized public network upon which developers can build fast, fair, and secure applications.
First Council Member from the Utility Industry Joins Council to Pursue DLT Opportunities as Part of Mission to Build a Net Zero Energy Future

Dallas, TX and Paris, FRANCE – March 4, 2021 – Électricité de France S.A. (EDF), a top five global utility firm[1] serving customers worldwide, has joined the Hedera Governing Council and will run a Hedera network node. As a recognized global leader in combating climate change, EDF has undertaken to produce increasingly low-carbon electricity and achieve carbon neutrality by 2050. The Hedera network’s computational efficiency as a proof-of-stake decentralized public network aligns with this goal and makes it the ideal platform on which to deploy energy use cases.

EDF is a leader in helping customers worldwide leverage blockchain and distributed ledger technologies (DLTs). The company’s wholly-owned subsidiary Exaion, operates Blockchain-as-a-Service offerings that provide the computing and network infrastructure necessary to roll out projects faster, with high security. Exaion will run a Hedera network node in France, the first in the country. Exaion also runs a Tezos node, and participates in the Energy Web Foundation and Hyperledger Foundation.

“In the near future, distributed computing will support increasingly decentralized electrical systems, complex supply chains and exchanges of digital assets, energy certificates, GHG credits, and more. Multiple pieces of the distributed ledger technology ecosystem will form the puzzle pieces that make this vision a reality,” said Gilles Deleuze, Principal Researcher, Systems Risk Assessment, EDF R&D.

Deleuze continued, “EDF’s Blockchain Task Force is assessing consortia and foundations developing distributed platforms with the greatest potential to help us achieve this vision. We believe in partnering with industry leaders like Hedera Hashgraph to explore innovative technologies and organizational modes, build value-creating ecosystems, develop use cases for the energy domain and EDF's operations, and develop Exaion’s potential to deliver blockchain/DLT and high-performance computing services. The Hedera Token Service (HTS) is one innovation we look forward to leveraging, to deploy a carbon offset and credit system on Hedera, in line with our overarching mission. Additionally, we will be exploring other use cases that leverage the technological advantages of speed and security that Hedera brings.”

Lionel Chocron, Chief Product Officer at Hedera Hashgraph, said, “Today’s most forward-thinking organizations recognize that the maturation of distributed computing requires the use of multiple technologies and efforts to deliver on the services their customers want. EDF is a leading voice around the world in the use of DLT to deliver on the vision of a net zero energy future with electricity and innovative solutions and services that help save the planet and drive wellbeing and economic development. We welcome them to the Hedera Governing Council, and look forward to developing the numerous ways that the Hedera network can help them deliver on this vision.”

As the 19th Council member, the EDF Group joins a growing network of the world’s largest enterprises and organizations, including Avery Dennison, Boeing, Dentons, Deutsche Telekom, DLA Piper, eftpos, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Standard Bank Group, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.

Members of the Hedera Governing Council are responsible for running the initial nodes of the Hedera network, as well as guiding both strategy and software development, over a maximum of two consecutive three-year terms. This guarantees stability and is conducive to maintaining diversity and decentralization of the public network, with a governance model that eliminates the risk of forks, safeguards users, and preserves the integrity of the Hedera network.

For more information, visit www.hedera.com/council and www.edf.fr.

=========

QAe05ybQZEo

[Jayke]

This could’ve also been responsible for Hbars price pump yesterday. Hashgraph Hex (https://www.myhex.io), the first decentralised exchange on the Hedera platform have filled up their treasury.

https://mobile.twitter.com/HashgraphX/status/1367307208330006532
1367307208330006532

https://www.myhex.io




About HEX
HEX is a decentralized exchange (DEX) and a digital asset manager built on Hedera Hashgraph. Through the HEX Chrome extension, users can create new wallets and Non Fungible Tokens (NFTs) on the Hedera mainnet, import and manage existing wallets, as well as send and swap both fungible tokens and NFTs that are native to the Hedera network.
​
A flat fee of 1% in HEX tokens, the exchange's native cryptocurrency, will be levied on transactions on the platform. The fee is capped at 100 HEX tokens per transaction, and will be used to pay for the transaction fees of Hashgraph, and to reward developers who contribute to the development and maintenance of the platform. Future updates to the HEX platform will be performed seamlessly with minimal interruption to end users.

[Jayke]

A different HEX worth keeping an eye on moving forward, Hex Trust (https://hextrust.com).


https://hextrust.com




Why Hex Trust
Led by experienced technologists and innovators from the banking sector, Hex Trust is the gateway for their adoption of DeFi & Digital Assets.

Built with the highest security standards and enterprise-grade workflows, our proprietary platform, Hex Safe, has been specifically designed for the banking sector.

Our strategic partnerships with IBM, R3, and our rigorous approach to compliance, positions Hex Trust as the leading platform for financial institutions in the growing digital assets ecosystem.

~~~~~~

Hex Trust Launches NFT Safe, World’s First Licenced Custody Service for Non-Fungible Tokens (NFTs) (https://medium.com/hex-trust/hex-trust-launches-nft-safe-worlds-first-licenced-custody-service-for-non-fungible-tokens-nfts-9ccf05e71464)

~~~~~~~

In partnership with Algorand:


https://medium.com/hex-trust/algorand-hex-trust-partner-to-support-the-banking-sectors-adoption-of-digital-assets-50a1d28e6f16





Algorand & Hex Trust partner to support the banking sector’s adoption of digital assets

The Algorand Foundation has partnered with Hex Trust, the leading bank-grade digital asset custodian, to bring the Algo token and tokens built using the Algorand ASA standard onto the Hex Safe custody platform.

Hex Trust is integrating the Algorand blockchain into it’s fully licenced custody platform (Hex Safe) to support its native token (ALGO). The integration will also support Algorand-based assets such as Central Bank Digital Currencies (CBDCs), Stablecoins (e.g. USDC) and Security Token Offerings (STOs). As part of the partnership, Algorand and Hex Trust will support each other on projects and initiatives enabling the banking sector to adopt digital assets.

The platform, Hex Safe, allows banks, financial institutions, asset managers, and exchanges to safely, securely, and efficiently operate in the digital asset ecosystem. Through the platform, clients can safekeep assets while seamlessly accessing liquidity providers, exchanges, and lending & staking platforms within the highly-secure and regulated platform. Hex Trust has banking clients in Asia and Europe and has a fully licenced approach in Hong Kong, Singapore, and Germany.

The Algorand blockchain, with its unrivalled speed, scale, security, and transaction finality is becoming the platform of choice for leading stablecoins around the world. To date, stablecoins such as USDT, USDC, QCAD, Monerium, Brazil Digital Real, and Meld have all chosen Algorand due to not only the transaction performance of the Algorand blockchain, but also because of the near-zero transaction cost (0.001 Algo per transaction). The Algorand Foundation team expects the accelerating adoption of Algorand, as the preferred platform for stablecoins, to continue throughout 2021 and into the future.
Alessio Quaglini, CEO and Cofounder of Hex Trust:

“Hex Trust identified Algorand as one of the leading blockchain protocols whose institutional vision and technology align with our mission. Algorand’s protocol fundamentals, including being open, permissionless, pure proof-of-stake, and transaction finality — all provide the necessary security, scalability, and decentralization which we believe financial institutions will need when selecting their blockchain of choice. Algorand’s ability to be interoperable and act as a private chain with the ability to interact with the public chain, will be vitally important when targeting institutional tokenization projects.”
Sean Lee, CEO of the Algorand Foundation

“The Algorand Foundation is delighted to be partnering with Hex Trust to bring the Algo and ASA based coins onto the Hex Safe platform. Providing clients who wish to embrace cryptocurrencies and tokens with a regulated and secure, yet highly flexible platform, on which to conduct transformational, instant, digital transactions — will accelerate the broad institutional adoption of digital currencies. We’re excited to collaborate with such a strong ecosystem partner in Asia.”

About Hex Trust
Hex Trust is fully licenced, insured, and the leading provider of bank-grade custody for digital assets. Led by financial services experts and veteran banking technologists, Hex Trust has built a proprietary platform — Hex Safe — that delivers an infrastructure custody solution for banks, financial institutions, asset managers, and exchanges to safely, securely, and efficiently operate in the digital asset ecosystem.

Through the platform, clients can access liquidity providers, exchanges and lending & staking platforms, which allows seamless access to third-party services while assets are held assets in our highly secure and regulated platform. The Hex Safe platform has been designed with a comprehensive compliance-first approach, the highest level of security available in the market, and is scalable for high transaction volumes. ZeroKey™, a proprietary technology, enables seamless transacting and fast access to assets stored on multiple blockchains while maintaining the highest levels of security of cold storage solutions.
www.hextrust.com

About Algorand Foundation
The Algorand Foundation is a not-for-profit organization that has a vision of a borderless, frictionless economy built on public, decentralized blockchain technology. The Foundation, in partnership with Algorand Inc, has built the Algorand blockchain protocol — initially designed by cryptography pioneer and Turing award winner Silvio Micali and a team of leading scientists — as the cornerstone of achieving this vision.
The Foundation envisions a wide breadth of applications being built on this protocol by a new, wider community of mainstream developers. The Foundation is committed to facilitating this innovation in a sustainable and eco-friendly manner by utilizing the Proof of Stake consensus algorithm.
algorand.foundation

~~~~~~~~

[Jayke]

Anchorage (https://anchorage.com), the worlds first digital national bank.

~~~~~~~~~


https://medium.com/anchorage/introducing-anchorage-digital-bank-the-first-federally-chartered-digital-asset-bank-7f9b9b4e0fd5





Introducing: Anchorage Digital Bank, the First Federally Chartered Digital Asset Bank

Anchorage is pleased to announce that the Office of the Comptroller of the Currency (OCC) has provided conditional approval to our application for a national trust charter, which makes Anchorage Digital Bank National Association, the first federally chartered digital asset bank in history. This is a major milestone, not only for us as an organization, but also for the crypto industry and the wider financial world. Crypto deserves a bank, and we are immensely proud of being approved as the one to set the standard.

Having a national bank charter places Anchorage Digital Bank firmly on the same regulatory footing as other national banks in the country. Most immediately, it puts first-of-its-kind, sub-custody services within reach for any traditional financial institution that wishes to give its clients access to digital assets. Since our founding, we’ve been credited numerous times with blurring the lines between crypto and traditional finance.

Today, we’re happy to see those lines begin to be erased.

Before now, there have existed fintech companies with the technical sophistication to securely handle digital assets under a piecemeal, state-by-state regulatory structure, and there have existed federally chartered banks with a robust regulatory framework that lack the true technological savvy it takes to operate in the blockchain space at its breakneck pace of innovation. Anchorage Digital Bank is the first entity to have both the tech and the regulatory clarity that serious institutional participation in crypto demands. And as a federally chartered bank with fiduciary powers, Anchorage Digital Bank will unequivocally meet the definition of Qualified Custodian, giving institutions a straightforward way to meet their obligations under federal law.

We are currently witnessing the rise of institutional crypto adoption. From large asset managers, to corporate treasuries, to endowments and family offices, institutional interest in digital assets has never been higher. As the space continues to mature and its use cases proliferate, we expect to see increasing demand for a wide range of services — services that exceed the expectations of traditional finance. A federal charter significantly increases our ability to develop and offer the kinds of innovative financial products and services with the safety and soundness that institutional participants require.

We could not have reached such an historic milestone without the tireless efforts of our team, and the many, many others who have spent countless hours of their lives and huge amounts of resources to blaze the trail ahead of and alongside us. And we are immensely grateful to the OCC, whose passion for protecting consumers and commitment to keeping the American banking system at the forefront of financial innovation is clearly evident in their work. Today marks a truly meaningful step forward on the journey toward a more fair, equitable, and secure financial system. May it be one of many.
To learn more about Anchorage Digital Bank, the first federally chartered digital asset bank, please get in touch.

~~~~~~~~

https://pbs.twimg.com/media/Erp4_f2VoAE-m0T?format=jpg&name=900x900

[Jayke]

An impressive month of gains in the February bull run. Plenty of consolidation towards the end of the month. Gathering strength for another month of breakouts in March. A quick review of the performance of the coins from the OP.

~~~~~~~~




Month in review:

Bitcoin: ($43908.90) > $50995 = 16.1382% increase
Etheruem: ($1750.97) > $1760 = 0.515714% increase
Litecoin: ($164.35) > $187 = 13.7816% increase
Bitcoin Cash: ($474.88) > $512 = 7.81671% increase
Bitcoin Gold: ($12.8868) > $19.4 = 50.5416% increase
CeloGold: $3.40 > $3.9 = 14.7059% increase
Bitcoin Sv: $188.05 < $184 = 2.15368% decrease
Dash: $188.05 > $212 = 12.736% increase
Tron: $0.0378 > $0.053 = 40.2116% increase
EoS: $3.55 > $3.86 = 8.73239% increase
Zcash: $95.93 > $127 = 32.3882% increase
Stellar: $0.397779 > $0.4119 = 3.54996% increase
Ripple: $0.446355 > $0.478 = 7.08965% increase
Algorand: $0.9050 > $1.123 = 24.0884% increase
Hedera HBar: $0.09832 > $0.179 = 82.0586% increase

Top performers:

1. Hbar: 82%
2. Bitcoin Gold: 50%
3. Tron: 40%
4. Zcash: 32%
5. Algorand: 24%

~~~~~~~

Congrats to anyone who managed to grab some Hbar before it took its first parabolic moonshot on the 11th Feb. 82% in a month is certainly an impressive feat, outperforming bitcoin even, and still plenty of room for more parabolic moves in the coming months. Hope you've all filled your bags. Its shaping up to be an epic year for the whole crypto market in general. :happythumbsup:

[gord]

I grabbed a bunch of hbar at around 0.103 or so. :happythumbsup:

[halcyon026]

PayPal to acquire Curv; financial terms weren't disclosed
https://www.coindesk.com/paypal-to-acquire-curv

This is bullish for HBAR and ALGO.

[mountain_jim]

I have been frustrated by my Voyager application now over 3 weeks old and they keep thinking my address is a commercial one, Pending for review, while HBAR and VGX, which I intended to buy there, doubled.

Saw this today

https://cms.zerohedge.com/s3/files/inline-images/TheToolkit-829x510.png?itok=7v6Vnrws



The post-reset toolbox, from Part 1 (https://bombthrower.com/articles/gold-vs-bitcoin-is-****ing-stupid/)


at this article

https://www.zerohedge.com/crypto/gold-vs-bitcoin-part-2-careful-what-you-wish

[wegge]

VMOyg8lGq4o

[Mypos]

VMOyg8lGq4o

Any idea how to profit of this investmentwise? Flow crypto maybe?

[Jayke]

The new SEC chairman was confirmed in last night and is a big blockchain and crypto enthusiast.
https://mobile.twitter.com/AlgorandNews/status/1369823288390782979
1369823288390782979

[Jayke]

A couple reasons why Hedera has been booming lately. Hbar was listed on one of Indias most trusted exchanges, https://wazirx.com/

https://mobile.twitter.com/HBARPrice/status/1370276546334707712
1370276546334707712
Plus with EFTPOS using Hedera for Australia’s debit card payment systems, Hbar has become a popular favourite with the Aussie crypto enthusiasts.

Good interview with the EFTPOS founder, Rob Allen, on why “Every Enterprise will use Hedera, they just don’t know it yet”
oMViatE6CaY

[Jayke]

Over the past week, everything in my portfolio was either consolidating or moving slightly downwards with the exception of Hbar and Quantstamp. These 2 coins seems to have a strong partnership. Selling some of my Cardano to fill up on QSP.

gqPe0P71eb8

[canadianborn]

Jayke - you are doing great work here! I was thinking of finally getting into cryto a month back and low and behold I saw you created this great thread. Have recently bought some HBAR - very excited about its potential. What exchanges do you currently use? Some seem to be quite limited in the coins you can buy and I have interest (eventually) with investing in some ICO's.

Lastly any thoughts on a realistic price Algorand can hit ?! I see vastly different projections - but seems like HBAR to have great potential.

[Mypos]

I have invested some small amounts into different Crypto the last days. Im thinking of investing some bigger amounts but i think its better to wait untill the next correction. Anybody got any idea when this correction will come?

[Jayke]

Jayke - you are doing great work here! I was thinking of finally getting into cryto a month back and low and behold I saw you created this great thread. Have recently bought some HBAR - very excited about its potential. What exchanges do you currently use? Some seem to be quite limited in the coins you can buy and I have interest (eventually) with investing in some ICO's.

Lastly any thoughts on a realistic price Algorand can hit ?! I see vastly different projections - but seems like HBAR to have great potential.

I use MoonPay (https://www.moonpay.com) to buy Hbar which sends it directly to your wallet on purchase. MoonPay has a wider variety of coins to pick to than Coinbase. I’m also on Kracken but not the biggest fan, they do have a decent selection though.

Algo has been holding up really well lately. If you check it’s chart and token economics, there’s been a parabolic rise then a massive sell off shortly after their superstaking rewards are released (to early ico backers and initial investors only), which occurs every 6 months. I’m hoping the massive sell off is still coming so I can grab another bagfull if it dips to 80cent again. The Fibonacci extension on Algorand takes it up to over $3 on its next moon shot so I’m definitely going to be buying the dips on that one. The latest superstaking reward release came out in February and the next one every 6 months so will occur in August, so between now and July will be great to take advantage of any blood red dumps that occur.

Although, the Moon conjuncts Uranus again on Tuesday (Bitcoin broke an all time high when it hit it last month) and with more institutional investors getting on board, like Michael Saylor said in his Bitboy interview last night, “when Godzilla shows up at the school playground, you can forget every chart you’ve ever looked at, every previous model you base your assumptions on will be completely irrelevant”. So it’s going to be really interesting to see how this next week plays out.

wnQJ8ROyhrM
PS Ditching Cardano for Quantstamp was a great move on Friday. Cardano’s still flopping while QSP is up 30% in two days. Nothing but sky and plenty of room to grow. :clapping:

[wegge]

Jayke I‘ve seen algorand only idling around over the last weeks, bit of a bummer compared to Hbar which did something like 100% the last ~3 days.

You’re talking about dividends (superstaking rewards?) that their initial investors receive, (in form of coins), and they immediately sell them and this dumps the price and you buy the dip?

What is it about their Fibonacci extension?

Is there some kind of site that explains all the different crypto terms? I think it’s essential to understand them to stay up with the game.


PS: I like Saylor‘s interviews and ideas, but I’m wondering if he’s also slightly „possessed“ by the hype as many of the YouTube investor guys seem to be. What do you perceive energy wise when following these guys?

[wegge]

ZfRBFocbHog

From the Coin Bureau newsletter:

„ We’re back at it. Bitcoin broke through its all time highs and this tide is lifting all crypto boats. Indeed it seems as if Bitcoin is at a tipping point. A tipping point in which a tsunami of additional adoption is likely to flow.

And speaking of tipping points, this is actually the title of an incredibly comprehensive Citigroup research report on Bitcoin’s institutional adoption.

It was a deep dive into the current institutional landscape by a bank that is at the coalface of that adoption. These research analysts covered nearly every aspect of the market and actually surveyed many of the most important institutional investors and companies in the crypto space.

There’s only one problem though. The report is over 100 pages long!

Yep, turns out that these investment researchers are even more comprehensive than yours truly.

But I didn’t want this report to fall through the cracks. Therefore, I have taken it upon myself to read through with a fine-tooth comb and summarise some of the most important findings.

I also then tie this in with some of my research that I have done on Bitcoin over the past year. Many of these trends are easy to map and it's great to see that the folks over on Wall Street are viewing Bitcoin through the same lens as myself.“

[Jayke]

Jayke I‘ve seen algorand only idling around over the last weeks, bit of a bummer compared to Hbar which did something like 100% the last ~3 days.

You’re talking about dividends (superstaking rewards?) that their initial investors receive, (in form of coins), and they immediately sell them and this dumps the price and you buy the dip?

What is it about their Fibonacci extension?

Is there some kind of site that explains all the different crypto terms? I think it’s essential to understand them to stay up with the game.


PS: I like Saylor‘s interviews and ideas, but I’m wondering if he’s also slightly „possessed“ by the hype as many of the YouTube investor guys seem to be. What do you perceive energy wise when following these guys?

Everything in nature grows according to the Fibonacci series, market cycles included. The Fibonacci levels in trading come about through millions of traders applying proper risk management. Most traders are looking for a risk/reward ratio of 2:1. They’ll set their take profits at 5% gain and stop loss at 2.5% or 10% and 5%.

Taking the 5% gain per trade example. If a trader makes 1 successful 5% trade a day, every day for a full year, those profits can really stack up. It works out that roughly every 14-15 trades looking for a 5% return on each trade, you can double your capital every 2 weeks.

Capital = $500
Week 2 = $1000
Week 4 = $2000
Week 6 = $4000
Week 8 = $8000
Week 10 = $16000

Doubling your capital every 2 weeks for a full year ends up being around $27,000,000 by the end of week 52.

Obviously no one has 365 straight wins in a row, and not everyone uses the same risk management, the cumulative effect is that markets tend to go up in a Fibonacci sequence as people are probing for profit between 5%-30% on previous all time highs.

The Algo chart has followed the Fibonacci 2.6 level for its previous peaks. If it follows the same pattern, then technically it could peak at $5. $3 dollars is the more conservative 1.6 Fibonacci level. The 1.6 level is a likely target for the next retracement after the next peak.

Not sure about where to read these things. I’ve been learning technical analysis through watching MMCrypto, DavinciJ15 and Carl to the moon YouTube channels, googling anything I don’t know as they pull out the various analysis tools.

Michael Saylor is just ‘orange pilled’, a term coined by Max Keiser for the epiphany you have when you realise how ****ed the fiat printing press is against bitcoins scarcity model.

https://i.imgur.com/lSx9ql6.png

[wegge]

These guys seem to have a good dictionary going: https://decryptionary.com/dictionary/

I just learned what fungible actually means and how that translates into NFTs (non fungible tokens)

Anyways, keep hodling fellow cryptonauts! :clapping:

[mountain_jim]

Voyager finally got my account activated - got HBAR and VGX from them, ALGO from another source.

But these are all experiments and play-things, it's BTC that I watch every minute due to my high-level of paper-profits there, lol.

Don't want to take profits there too early due to bad choices with stonk SHOP, which while making some money cost me $40k from selling too soon, and same deal with stonk CMBM where I did not wait long enough, another $25k miss there.

(when trying to fund a retirement these misses can be quite painful)

So with BTC I HODL and hope that industry predictions pan out, and nothing unexpected takes it out.

I appreciate this thread and discussion, and also follow Digital Asset News https://twitter.com/NewsAsset, https://danteachescrypto.com/
among other sources.

[DSKlausler]

Finally got my funds to CoinZoom... highly restrictive if not "Platinum" User. More than a bit frustrating given HBAR (in the interim) has gone well beyond the 0.09 USD when I wanted to purchase (for now any way).

90% HBAR and 10% ALGO.

Let me amend that to say that my bank had ridiculous rules for "on-line banking"... much of the delay was caused by uniformed employees. CANNOT initiate a true wire transfer on-line; current bank rules say Wire Transfers MUST originate IN PERSON.

[Jayke]

Finally got my funds to CoinZoom... highly restrictive if not "Platinum" User. More than a bit frustrating given HBAR (in the interim) has gone well beyond the 0.09 USD when I wanted to purchase (for now any way).

90% HBAR and 10% ALGO.

Let me amend that to say that my bank had ridiculous rules for "on-line banking"... much of the delay was caused by uniformed employees. CANNOT initiate a true wire transfer on-line; current bank rules say Wire Transfers MUST originate IN PERSON.

I’ve been waiting and waiting to order my CoinZoom VISA card, only to realise it’s only available for US citizens for the time being. :facepalm: International is coming soon but not ready quite yet.

Bitcoin is at a crossroads at the minute. Forming a consolidation pattern at 55k. It’ll break out one way or the other. If it breaks down it could tumble all the way to 48-49k as that was the last high volume support candle on the daily chart (signifying institutional buy in).

If it breaks up, there’s a considerable sell wall of 2000 Bitcoin at $64,000, which would require a huge volume institutional purchase to punch through to reach the 72k target people have been predicting.

The consolidation triangle Bitcoin is forming will break one way or the other in 10-15 hours. The moon goes conjunct Uranus at precisely 3:30am tonight (UK time GMT), will be interesting to see which direction the Uranian rocket ship could send Bitcoin spinning. I’ve been learning to trade the markets so I’ll be growing my Bitcoin holdings whichever way it breaks. I’m up a whole 0.0035 Bitcoin since I started trading last Friday. :o “from the tiny acorn grows the mighty oak” :happythumbsup:

More on Bitcoins astrological perspective:
JBtQMmqCh28

[Jayke]

Cardano being listed on Coinbase just in time for the stimulus checks to hit peoples accounts tomorrow. Cardano pump could be imminent.

https://mobile.twitter.com/CryptoIRELAND1/status/1371877712575528961
1371877712575528961

[wegge]

Cardano being listed on Coinbase just in time for the stimulus checks to hit peoples accounts tomorrow. Cardano pump could be imminent.

https://mobile.twitter.com/CryptoIRELAND1/status/1371877712575528961
1371877712575528961

Thanks I put some into Ada. Do you have any ideas how long to ride the pump wave, I’m not trading actively at the moment just checking a few times a day. Where are you trading on - Altrady, BitBuy?

[Jayke]

Cardano being listed on Coinbase just in time for the stimulus checks to hit peoples accounts tomorrow. Cardano pump could be imminent.

https://mobile.twitter.com/CryptoIRELAND1/status/1371877712575528961
1371877712575528961

Thanks I put some into Ada. Do you have any ideas how long to ride the pump wave, I’m not trading actively at the moment just checking a few times a day. Where are you trading on - Altrady, BitBuy?

I’m trading on phemex (https://phemex.com/register?referralCode=J32U42). ‘Carl from the moon’ has a tutorial (https://www.youtube.com/watch?v=97bQiFl0ItI). They have a sandbox area where you can practice trading without risking any of your capital.

I don’t really know what to think of Cardano. If you check out it’s current on chain assets (https://cardanoassets.com) and compare it to Algorands on chain assets (https://algoexplorer.io/assets), Cardano just seems like the king of the sh*t coins compared to Algorands slick Ferrari of a blockchain. I find the timing of the listing a little too suspicious for my liking. Stir up a Cardano buzz the day before the stimulus checks start to drop in the US while the institutions on-ramp more cheaply onto the chains people aren’t paying attention to.

Cardano and Algorand currently sit at around $1.20 in price. One has a market cap of 40billion while the other has a market cap of 3billion. If both chains grow to be on parity in size with Bitcoin and hit the 1 trillion market cap, what would each coin be worth? And how likely is it that might happen?

Would be great if Cardano pumps while Algo goes through its superstaking sell off frenzy. Maybe June/July would be a good window of time to keep an eye on.

[Jayke]

George from Crypto’s are us takes a look at the price action of previous coins after they get listed on Coinbase. If you’re trading and not hodling Cardano looks like the best time to trade out is after the initial pump on the first day of being listed.

4tih7JdsGQg

[gord]

Here are a few playlists relating to cryptocurrencies from MIT's OpenCourseWare youtube channel, which may be of interest to people here.

MIT 15.S12 Blockchain and Money, Fall 2018 (https://www.youtube.com/watch?v=EH6vE97qIP4&list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn)
MIT MAS.S62 Cryptocurrency Engineering and Design, Spring 2018 (https://www.youtube.com/watch?v=IJquEYhiq_U&list=PLUl4u3cNGP61KHzhg3JIJdK08JLSlcLId)
MIT 15.S08 FinTech: Shaping the Financial World, Spring 2020 (https://www.youtube.com/watch?v=90JWoR9MfYU&list=PLUl4u3cNGP61Q_RVDn6srWbLV_zFnd9n0)

[Jayke]

Any Brits reading the thread, best load up on Hbar while its cheap, you're going to be using it to pay your energy bills in a few years. As the guy in the presentation says "they've already got shovels in the ground" building these microgrids and smart houses, with Hbar as the core micro-transaction payment system. From a company called Guard Global (http://www.guardglobal.org/hedera-hashgraph.html) whose logo is the babylonian lion.

http://nebula.wsimg.com/b69e4f4d25f628a0a470b0e0c2f2bf83?AccessKeyId=B185BE79D52801C48EAB&disposition=0&alloworigin=1


https://commons.wikimedia.org/wiki/File:Frieze_of_Striding_Lions,_view_2,_Iran,_Persepolis,_Palace_G,_Achaemenid_Period,_reigns_of_Dari us_I_and_Xerxes,_522-465_BC,_limestone_-_Oriental_Institute_Museum,_University_of_Chicago_-_DSC07975.JPG


Frieze of Striding Lions, view 2, Iran, Persepolis, Palace G, Achaemenid Period, reigns of Darius I and Xerxes, 522-465 BC
https://upload.wikimedia.org/wikipedia/commons/thumb/b/b1/Frieze_of_Striding_Lions%2C_view_2%2C_Iran%2C_Persepolis%2C_Palace_G%2C_Achaemenid_Period%2C_reigns_ of_Darius_I_and_Xerxes%2C_522-465_BC%2C_limestone_-_Oriental_Institute_Museum%2C_University_of_Chicago_-_DSC07975.JPG/1599px-thumbnail.jpg

JBpX15oOqfA

7-kLJxujBY0

https://i.imgur.com/oPeDaCy.png

https://i.imgur.com/ECUfAqx.png

https://i.imgur.com/v6aQFNN.png

https://i.imgur.com/R26LP4J.png

[Jayke]

Avery Dennison using Hbar for their Atma.io RFID product tracking chips.

_R_h06jqdOQ
At least once you've got a few Hbar its easy to become your own central bank and print your own money. Turn 1 Hbar into 100,000 or more of your own cryptocurrency using the Hedera Token Service.
aEFm4bdnsBI

[Jayke]

Visa are officially moving into Bitcoin and other cryptos now that the overall market cap is legally large enough for institutional players to get involved:

==========


https://cryptoslate.com/visa-says-its-developing-a-bitcoin-and-crypto-business/





VISA says it’s developing a Bitcoin and crypto business
The payments giant has, so far, kept away from offering cryptocurrencies and crypto products. But its users could soon buy Bitcoin directly using the service.

Visa is set to enter the cryptocurrency market as the payments processor looks to capitalize on the sector’s growth and expand its worldwide business, a report on business outlet Moneycontrol said Tuesday.

Visa moves into the Bitcoin and crypto world

The firm has so far strayed far from the crypto sector but the latter is now too big to ignore. Data from markets tool CoinGecko pegs the entire sector at over $1.7 trillion, or over 15% the size of the gold market.

It’s a space that Visa is looking to capture. “We’re trying to do two things. One is to enable the purchase of bitcoin on Visa credentials,” said CEO Al Kelly in a statement.

“And secondly, working with bitcoin wallets to allow the bitcoin to be translated into a fiat currency and therefore immediately be able to be used at any of the 70 million places around the world where Visa is accepted,” he added.

Bitcoin purchases via a Visa card have so far been limited to crypto exchanges or wallets that instantly convert a user’s payment from fiat-to-crypto using their centralized, third-party service. This means that for Visa, it’s no different than any other transaction that involves the exchange of fiat money for a product.

But the new upgrade would take things up another notch. Visa would directly work with the crypto wallet companies to allow a user to technically pay with crypto worldwide—there would be no “unsupported” errors (except if there are legal regulations that forbade such use).

“Strong potential”

As per Kelly, cryptocurrencies have a “strong potential” to become new payment vehicles in both emerging and developed markets. He also believes “stablecoins”—a type of cryptocurrency pegged on a 1:1 basis with a fiat currency—would soon make their mark on the world.

“These are currencies that are fiat-backed, but we’re allowing this translation, if you will, into a fiat currency and in a wallet where there’s a Visa card and again that Visa card can be used with the translated digital currency over to the fiat currency to purchase at any one of our 70 million locations,” he said.
The statements come a month after Visa announced a partnership with crypto-friendly neobank First Boulevard. The bank would be the first to pilot Visa’s new suite of crypto APIs.

Meanwhile, other payment processors are jumping on the crypto bandwagon as well. Mastercard, which enjoys a near duopoly of the global payments processing market with Visa, also announced its crypto plans last month February that could soon support cryptocurrencies directly on the Mastercard network. The institutions are clearly coming.
===========

[Jayke]

CoinZoom VISA card can now be used with ApplePay, Google Pay and SamsungPay:

=============


https://cryptomode.com/coinzoom-now-supports-apple-pay-google-pay-and-samsung-pay/




https://cryptomode.com/wp-content/uploads/2021/03/1_16159011561DOLzfM0BV.png

Salt Lake City, Utah, 16th March, 2021, // ChainWire //

CoinZoom, a U.S. regulated cryptocurrency exchange and leading financial technology company, today announced that the CoinZoom Visa card, now supports Apple Pay®, Google Pay™ and Samsung Pay. This provides CoinZoom users with more options for cashless, contactless payments using their smartphone or other devices, while still getting all of the benefits and security of the CoinZoom Visa card.

The CoinZoom Visa card is one of the first products of its kind in the United States designed to allow CoinZoom users to instantly convert Bitcoin and over 25 of the most popular cryptocurrencies to USD at the point of sale and spend their balances. Now users can also spend their crypto balances on Apple Pay, Google Pay, and Samsung Pay, at over 53M merchants globally, while enjoying other benefits, including earning up to 5% back in crypto on all their purchases.

“Since our launch in 2020, CoinZoom users have used their CoinZoom Visa cards to convert and spend millions of dollars of their cryptocurrency balances to pay for everyday items like, rent, utilities, gas, groceries, travel, and a myriad of other products and services. At CoinZoom, we continue to look for innovative ways to propel the mass-adoption of cryptocurrencies forward,” said CoinZoom CEO Todd Crosland. “Adding Apple Pay, Google Pay, and Samsung Pay will make it even easier and more convenient for users to spend their cryptocurrency balances.”

The CoinZoom Pro app, which includes the CoinZoom Visa digital wallet, is now available on both iOS and Android. CoinZoom Visa users can use Apple Pay, Google Pay or Samsung Pay by adding the CoinZoom Visa Card to their eligible device.

============

[Jayke]

The chamber of Digital Commerce is getting the congressional blockchain caucus up to speed on the best blockchains for government use. Hbar, IOTA and VISA are there. VISA is representing the USDC stable coin which we know is running on Algorand. Hbar with a solid sales pitch. I was really impressed by IOTA’s credentials.

IOTA seems to be straight out of the NSA, already working with Intel and IBM. It’s another DAG protocol similar to Hbars hashgraph. There’s no network fees associated with IOTA’s blockchain so doubt they’ll do any staking rewards (Hbar will be offering proxy staking at some point in the future). IOTA does have a much lower total coin supply than Hbar though so the price will probably appreciate in value much faster. Definitely worth adding some to the hodling portfolio IMO.

Hederas presentation starts around 23minute mark, followed by Iotas presentation, then Visa’s.

z7HflnpF5H8

[mountain_jim]

Just bought IOTA before even watching. Was that wrong? :)

plus they chose a cool name repping the Internet of Things

[Jayke]

Just bought IOTA before even watching. Was that wrong? :)

plus they chose a cool name repping the Internet of Things

I jumped in before digging deeper myself :)

They’re bringing a new mainnet out soon called ‘Chrysalis (https://chrysalis.iota.org)’. The IOTA tokens will have to be converted into the new currency by importing the seed phrase from their trinity wallet (https://trinity.iota.org). Not sure if there’s any incentive for making the switch.

One of the tokens I’ve mentioned in a previous post Polymath (https://polymath.network/polymesh), is bringing out its new mainnet soon. It’s incentivising the 1 to 1 conversion of its Polymath coins to the new Polymesh coins by giving everyone who onboards onto their new system 10,000 as a bonus, plus 50 coins a day as staking rewards for keeping them on the system.

https://info.polymath.network/blog/running-with-the-bulls-on-the-polymesh-incentivized-testnet

Update: IOTA had a recent breakout overnight. Up 8% already. Let’s see how well it holds its new support level.

[Jayke]

Really interesting conversation around the 35 minute mark about Nigeria and how the African continent is adopting Bitcoin. The Bitcoin protocol is allowing the people to completely circumvent the Nigerian political and banking structures. Bitcoin is draining money from the politicians making them more and more irrelevant. As Max Keiser said in a tweet yesterday “Bitcoin is true social justice disguised as a get rich quick scheme”.

HpSNiQn_vGc

[Jayke]

Looks like the corporations are being given the go signal to buy Bitcoin. Michael Saylor featured in a Time article today, and Scaramucci, former White House communications director, advising companies to put Bitcoin on their balance sheets. All while liquid supply of Bitcoin is drying out. Perfect confluence for a Bitcoin breakout by the end of next week.

https://mobile.twitter.com/michael_saylor/status/1373682186898001920
1373682186898001920

https://mobile.twitter.com/CoinDesk/status/1373662566195597313
1373662566195597313

KXZTb_hyfd8

[Jayke]

Important video from Ayman Mufleh, introducing Project New Dawn (https://www.projectnewdawn.info) (a synonym for ‘the great reset’?), an EMTech project (https://futuremtech.com) working with Microsoft, Harvard (Hedera Hashgraph) and MIT (Algorand), and the Federal Reserve to create CBDC’s and the digital dollar. Looks like the Ghana central bank has been chosen to roll out a testnet for the new financial system.

MhcVNtklDYs

https://twitter.com/emtech_inc/status/1364931340374855687
1364931340374855687

[Jayke]

BitGo are adding a new blockchain to their portfolio, Casper Network (https://casper.network), I’ve only skim read their whitepaper, looks like they’re creating a DAG possibly for the Ethereum network, to transition existing Ethereum assets onto a DAG proof of stake rather than proof of work system. From programmers at UC San Diego and headquartered in Switzerland. The only Unique Selling Point I can find is the mention of a blockchain for patents and royalty payments for patent holders, otherwise it seems less impressive than Hbar and IOTA in the DAG space. Their token ICO is open for registration and begins tomorrow:

https://mobile.twitter.com/Casper_Network/status/1364575685780656129
1364575685780656129

https://twitter.com/Casper_Network/status/1372376935297339395
1372376935297339395

p4J7LMif3bA

[wegge]

Really interesting conversation around the 35 minute mark about Nigeria and how the African continent is adopting Bitcoin. The Bitcoin protocol is allowing the people to completely circumvent the Nigerian political and banking structures. Bitcoin is draining money from the politicians making them more and more irrelevant. As Max Keiser said in a tweet yesterday “Bitcoin is true social justice disguised as a get rich quick scheme”.

HpSNiQn_vGc

That conversation was so uplifting and inspiring. I want to go to Nigeria now.

[Jayke]

It’s not just Nigeria. The Turkish Lira has been devalued 15% in a day due to Erdogans policies, so the Turks are jumping ship to Bitcoin to preserve their buying power. In Morocco Bitcoin was banned yet its only increased demand for the digital currency. Bitcoin is Noah’s Ark against the flood of hyperinflationary policies across the globe.

https://mobile.twitter.com/CoinDesk/status/1373983082777219078
1373983082777219078

[Jayke]

Is Rand Labs a subsidiary of Rand Corporation? Algo-Rand being Rand Corps algorithm? That’s my suspicion at least. Cant find any explicit linkage between the two other than the name. Rand Labs retweeted this from Staker DAO anyway, introducing wrapped Algorand (wAlgo) token. Stake your Algorand as collateral, earn APY interest while its staked and get to spend wAlgo.

https://twitter.com/stakerdao/status/1374111140389781516
1374111140389781516

lpkrwyKVcng

https://twitter.com/AntifaChristian/status/1374004719790792713
1374004719790792713

https://mobile.twitter.com/AlgoFoundation/status/1374327829878431747
1374327829878431747

[Jayke]

Nomad Capitalist on how to hedge against government overreach and overtaxation in the crypto space. Get a second passport in a tax free country.

UfIFWuNTeRs

[Jayke]

Based on what's happening in Africa around the emergence of independent banking using cryptocurrencies, I can see initiatives like Michael Tellingers 'One Small Town' project gaining more traction as capital is freed up to invest in these kinds of projects.

========


https://www.patreon.com/user?u=50828378&fan_landing=true





CV0jC9fvVK0

The past 3 weeks have seen tremendous progress in ONE SMALL TOWN (OST) activity and our Energy technology development. Many people are interested in the energy generators and are requesting details. For sake of clarity - the details remain highly confidential and will only be shared with Mayors or cooperative community groups who agree to implement the ONE SMALL TOWN plan. I list some information that will be public domain below.

ABOUT OUR ENERGY GENERATORS:
Our generators will NEVER be promoted or sold to individuals, corporations, or governments. The generator will only be made available to TOWNS that have agreed to implement the OST plan.
Our generators will be owned collectively by the people of the town.
We now have several energy technologies from several inventors in several countries - there are various ways in which we are developing the technology for implementation in OST.

Two new generators are in prototype stage building.

The USA based generators require a larger cash input to start manufacturing and will only launch once we have an agreement and commitment from a USA Mayor.
We have a good relationship with Foster Gamble and the THRIVE Movement who have access to many technologies themselves.
The generators are being developed in various sizes for a variety of applications from 20kva to 200kva. They will be stack-able to achieve any output capacity required.
BECOME A PATRON of ONE SMALL TOWN (https://www.patreon.com/user?u=50828378&fan_landing=true)
All of this activity needs management, time and many other resources. Please become a PATRON (https://www.patreon.com/user?u=50828378&fan_landing=true) of the ONE SMALL TOWN initiative to help me manage and cope financially with all the activity.
BECOME A PATRON - CLICK HERE (https://www.patreon.com/user?u=50828378&fan_landing=true)

We have reaches the half way mark of our targeted funding requirements of $10k monthly - to run a successful office. Help me get to the $10k mark - by spreading the message.

Here is a list of important breakthroughs in March 2021:
The South African Mayor has requested a detailed implementation plan for the installation of our Electricity generator and expressed a keen interest in moving forward. This has never happened before - so we are breaking new ground.
Germany is forming a representative OST group
Brazil OST activity is still very promising with a large funder ready to support all our activity there.
One generator prototype is in manufacturing - another is about to start.
USA manufacturing is ready to launch with promised funding
An influential Canadian OST group has emerged with available funding to start OST in all provinces/states - discussion are about to start this week.
Spread the ONE SMALL TOWN message everywhere. It is up to us to make this a reality.

In unity & resonance
Michael Tellinger
Founder of the UBUNTU Movement
======

Tellinger is connected with Mike Waters, who is a new energy consultant, connected with Eric Dollard, Aaron Murackami and the other Nikola Tesla tech engineers who give presentations at the Energy Science and Technology Conference (ESTC) (https://energyscienceconference.com) every year. These are the kinds of the projects I'd love to invest in once I make my crypto millions. :happythumbsup:

Fp1wPwszF9M

[Jayke]

Just bought IOTA before even watching. Was that wrong? :)

plus they chose a cool name repping the Internet of Things

IOTA is pumping! Up 22% in 4 days. Wonder if there’s been some mutual buy in between IOTA’s co-founder and the asset management firm he’s just invested into:

https://mobile.twitter.com/DomSchiener/status/1374331815788486663
1374331815788486663

~~~~~~~~~~~~~

In Algo related news. Love this concept. Opulous (https://opulous.org) is going to be huge for musicians.

https://mobile.twitter.com/opulousapp/status/1374496433173237763
1374496433173237763

[Jayke]

I’ve been using Market Cipher to trade Bitcoin on Phemex. Green dots (indicating market swing lows) on all higher timeframes, 8hour, 6 hour, 4 hour charts. Then Elon Musk announces this. Will this be the news that catapults Bitcoin to new all time highs over this weekend?

https://mobile.twitter.com/elonmusk/status/1374619379929772034
1374619379929772034

~~~~~~~~~~~~~~~~~

Not sure what the big announcement for Algorand is tomorrow, but looking at the Algorand stats page (https://algoexplorer.io/top-statistics), it looks like it managed to survive the superstaking rewards sell off without bludgeoning the price below a dollar. The final superstaking rewards release is in September, after that Algo will be going on its true price discovery. I’m still hoping some whales might want to sell off in the next few months dropping the price to 80cents again but it’s looking less likely at the minute.

https://mobile.twitter.com/cryptoblockdefi/status/1374541477292994561
1374541477292994561

[gord]

I love what Opulous is about and registered with them about a month ago.

[Jayke]

I love what Opulous is about and registered with them about a month ago.

It's going to be huge, and running on Algorand as well. :happythumbsup: Algorand is slaying it for creatives of all types. Big news earlier today that a 137 year old Italian copyright management firm, SIAE (Society of Italian Authors and Editors) recently moved 4 million copyrights onto the blockchain as NFT's.

https://mobile.twitter.com/Algorand/status/1374723062776668163
1374723062776668163

~~~~~~~~~~~~~~~~~~~~~~

In other news...

Hot on the heels of Elon Musks Bitcoin and Tesla announcement earlier today, BitGo continue the push for Bitcoins mass adoption. Announcing 24 major companies that accept payment for their products and services in Bitcoin.

https://mobile.twitter.com/BitGo/status/1374805014145765377
1374805014145765377
Big news that Fidelity have filed a Bitcoin ETF today as well. Whale games currently trying to dump the price below 53k, but 53k is the level that keeps Bitcoin a trillion dollar market cap asset. Could be a tough line of resistance to break, especially with Fidelity seeking regulatory permission to get involved, or are they the whales trying to dump it down to 48-43K so they can scoop up more Bitcoins at a discount? Make or break week for Bitcoin. Everyones expecting a dump when the Futures trading contracts expire on Friday. Shaking out the weak hands and the over-leveraged speculators before continuing the next phase of the bull run?

==============


https://www.theblockcrypto.com/linked/99279/fidelity-bitcoin-etf-filing






Asset management giant Fidelity files for a bitcoin ETF

A new filing with the U.S. Securities and Exchange Commission indicates that asset management giant Fidelity is seeking to create a bitcoin exchange-traded fund (ETF).

The Wise Origin Bitcoin ETF is the latest entrant in a growing race to launch a bitcoin exchange-traded product in the United States. According to the filing, a firm called FD Funds Management LLC is the sponsor of the fund, with Fidelity Service Company, Inc. serving as administrator. Per the document, FD Funds Management LLC shares the same Boston, MA address as Fidelity's office.

Fidelity Digital Assets, the asset manager's crypto-focused arm, will serve as custodian.

The ETF, if approved, will also employ Fidelity's in-house bitcoin price index, per the filing.

"The Trust’s investment objective is to seek to track the performance of bitcoin, as measured by the performance of the Fidelity Bitcoin Index PR (the “Index”), adjusted for the Trust’s expenses and other liabilities," the filing notes, explaining elsewhere:

"The Trust provides direct exposure to bitcoin, and the Shares of the Trust are valued on a daily basis using the same methodology used to calculate the Index. The Trust provides investors with the opportunity to access the market for bitcoin through a traditional brokerage account without the potential barriers to entry or risks involved with holding or transferring bitcoin directly, acquiring it from a bitcoin spot market, or mining it."
The fund's name is similar to the Wise Origin Bitcoin Index Fund I, launched in August 2020 by Fidelity. As reported at the time by Bloomberg, that passively-managed fund was Fidelity's first foray into offering a bitcoin-only fund product to qualified investors.

"The digital assets ecosystem has grown significantly in recent years, creating an even more robust marketplace for investors and accelerating demand among institutions. An increasingly wide range of investors seeking access to bitcoin has underscored the need for a more diversified set of products offering exposure to digital assets," a Fidelity spokesperson told The Block.

Fidelity's effort represents the sixth of its kind within the U.S., joining WisdomTree Investments, VanEck Associates Corp., NYDIG Asset Management, First Advisors/SkyBridge and Valkyrie Digital Assets.

Market-watchers have speculated that recent ETF developments in Canada may spur regulators in the U.S. to action on a bitcoin ETP.

==========

[Jayke]

More German engineering in the cryptosphere, first IOTA to compete with Hedera, now Xayn search engine (https://www.xayn.com) to compete with Google. Can't wait to see how gaming applications work on these DAG based blockchains.

https://mobile.twitter.com/DomSchiener/status/1375047971184783362
1375047971184783362

https://twitter.com/cartesiproject/status/1374723598292811778
1374723598292811778

[Matthew]

I love this guy.. got him from this thread, he features here a lot (thanks for that)

Here he talks about bitcoin as the ideal currency for a multiplanetary species, talking about Elon Musk's past comments, that humans could be inter-planetary

Jump to 3:40 (https://youtu.be/oo9UDElq4t0?t=220)

oo9UDElq4t0

[Jayke]

I love this guy.. got him from this thread, he features here a lot (thanks for that)

Here he talks about bitcoin as the ideal currency for a multiplanetary species, talking about Elon Musk's past comments, that humans could be inter-planetary

Jump to 3:40 (https://youtu.be/oo9UDElq4t0?t=220)

oo9UDElq4t0

Forget the Moon, we're going to Mars! :happythumbsup: Humanity 2.0! The interstellar species :cool:

~~~~~~~~~~~~~~~~

This is pretty awesome! Software called CudoMiner (https://www.cudominer.com/?a=VD0aSK8vY). Mine Monero and get paid in Algorand. You get 5000 satoshi (or 2.4 Algorand) as a bonus just for signing up. My old MacBook only has enough processing power to earn 1.8 Algorand a month. Worth keeping it running in the background though, could be an extra $180 or more when Algo shoots for the stars in the future.

Update: had to shut the mining down on my MacBook, not got the hashing power required, which was overheating the system. An article on mining requirements (https://www.techradar.com/best/mining-cpu) for anyone interested.

https://mobile.twitter.com/AlgoFoundation/status/1375454157642027018
1375454157642027018

[Jayke]

French restereraunt mints it’s own cryptocurrency on Algorand to help stay afloat during financially challenging government shutdowns.

Flottescoin (http://brasserieflottes.fr/en) (https://algoexplorer.io/asset/102821655).

==========


https://altcoinmarketer.com/flottescoin-launched-as-lifeline-of-struggling-french-resto/




Flottescoin Launched as Lifeline of Struggling French Resto

Flottescoin is a new digital currency that the Flottes restaurant introduced in response to the growing adoption of cryptocurrencies. The cryptocurrency is also reportedly the Parisian dining establishment’s lifeline amid the ongoing coronavirus or COVID-19 pandemic.

According to the report posted online by global news outlet Euro Weekly News, the Flottes restaurant has launched into the virtual currency world just as the European nation enters yet another lockdown. The Parisian dining establishment located on the French capital’s Rue Cambon is reportedly attempting to entice more diners and save its business.

Hence, it decided to embark on the digital currency world with its Flottescoins. We are delighted to learn about this report in Paris. We want to highlight that the use of cryptocurrencies in various business establishments is truly gaining ground.

Sarah Mamodaly and her company, Humans4Help, enabled the Flottes restaurant to engage on its adventure in the cryptocurrency realm. She affirmed that restaurants today grapple with the COVID-19 repercussions, including the lack of tourists, confinement, and dining establishments’ closures. The Humans4Help’s marketing manager cited that, through the Flottescoins, the Flottes restaurant can achieve its aim of facilitating new income sources.

Mamodaly remarked that offering a new payment method, specifically using digital currencies, is the best technique to help business people overcome the COVID-19 crisis. She said that using virtual assets like the fledgling Flottescoins provides entrepreneurs with the essential financial support they need.

Furthermore, Mamodaly gave more ideas about how to use the Flottescoins. She relayed that plenty of French people own a cryptocurrency and that some of them confirm they are all set to spend it in shops and restaurants. Mamodaly said that the Flottes restaurant’s diners who pay for their meals could get Flottescoins as change returned to them. This arrangement enables the customers to have a handful of cryptocurrencies they can spend on their succeeding visits to the restaurant.

Mamodaly pointed out that Flottescoins help build customer loyalty while also support the Flottes restaurant’s owner and operations. She added that whether the diner visits the restaurant, orders online, or pays using cryptocurrency, cash, or bank card, he would receive his change in Flottescoins within the dining establishment

We support the Flottes restaurant in its adoption of cryptocurrencies in its operations. We are mindful that Parisian restaurant owners have suffered badly from the economic and health crisis caused by the COVID-19 pandemic. Even if these European restaurateurs offer delivery or take-away services, the enforcement of lockdowns and COVID-19-related health protocols has adversely affected their sales inevitably.

With the Flottescoins, we believe that restaurant operations can recover somehow. We also believe that using cryptocurrencies in France with residents supportive of them will enable these digital assets to gain more acceptance and relevance as we deal with the global health emergency.
==========

https://mobile.twitter.com/a3voices/status/1376295692512210951
1376295692512210951

[alexius]

Another company to pay attention to is QuantStamp (https://quantstamp.com/team), they seem to be working with Hedera to secure and audit any CBDC stable coins that’ll be operating on the Hedera network.

Formally verifying Hederas stablecoin framework (https://quantstamp.com/blog/quantstamp-stablecoin-case-study-formally-verifying-hedera-hashgraphs-stablecoin-framework)

QuantStamp has an impressive team and are already working with lots of leaders in the cryptocurrency industry. Positioning themselves to be the Deloitte of the cryptosphere. Considering the team behind this and the companies and institutions they’re already working with, I’d say the QuantStamp digital token is currently undervalued at less than 4cents. I’m adding a small bag to my portfolio.

WD_KhyWMSDk

Do you have an understanding about what kind of utility the #QSP has?

[Jayke]

Another company to pay attention to is QuantStamp (https://quantstamp.com/team), they seem to be working with Hedera to secure and audit any CBDC stable coins that’ll be operating on the Hedera network.

Formally verifying Hederas stablecoin framework (https://quantstamp.com/blog/quantstamp-stablecoin-case-study-formally-verifying-hedera-hashgraphs-stablecoin-framework)

QuantStamp has an impressive team and are already working with lots of leaders in the cryptocurrency industry. Positioning themselves to be the Deloitte of the cryptosphere. Considering the team behind this and the companies and institutions they’re already working with, I’d say the QuantStamp digital token is currently undervalued at less than 4cents. I’m adding a small bag to my portfolio.

WD_KhyWMSDk

Do you have an understanding about what kind of utility the #QSP has?

I love QSP, such an overlooked token, it’s been my second most profitable investment after Hbar. Now priced at 12cents, up 200% in a month. Solid fundamentals behind this one.
Besides it’s utility as a speculative investment, you’d have to build your own blockchain before you could actually use their token for anything yourself. Although you have just reminded me that I should probably buy more before altcoin season kicks in, since it pumped to 88cents in the 2018 bull market.

===========


https://www.publish0x.com/crypto-truth-lexicon/top-things-you-should-know-about-qantstamp-qsp-xpjqwjx





Quantstamp Advantages
Blockchain Agnostic
Quantsatmp is blockchain agnostic and has audited client systems on Ethereum, Hyperledger, Binance Chain, EOS, Polkadot, Cardano, AVA Labs, and Corda.

Leaders in Blockchain Cybersecurity
Quantstamp wrote the first textbook on Smart Contract Security and employs a top team of PhDs and security professionals who have a combined total of over 1000 Google Scholar citations.

Sophisticated and In-Depth Audits
No matter the blockchain, Quantstamp provides in-depth audits of consensus mechanisms, off-chain code, the networking stack, and complex smart contract systems.

Fast, Efficient, & High-Quality Audits
The Quantstamp auditing process looks like this:

Meeting with a Quantstamp business lead and lead auditor.
Assess the workload and provide a quote.
Quantstamp auditors independently review the project’s code and documentation. They certify the security of its smart contracts, perform automated analyses on the code, run the test suite, and measure test coverage.
Privately send the project team a detailed audit report with solutions and recommendations

Once the project team fixes the issues and best practices, Quantstamp runs the audit again and sends the project an updated audit report and certificate (or no).
Enterprise Blockchain Solutions

Not only does Quantstamp provide blockchain security audits, but they also provide fast, efficient, high-security blockchain implementations with enterprise features. They help enterprises with their blockchain goals from idea to launch.

Quantstamp was founded by Richard Ma and Steven Stewart in June 2017.

Richard Ma, co-founder, and CEO of Quantstamp is a former Software Engineer and Senior Quantitative Strategist at Tower Research where he developed software that handled millions of dollars using automated high-frequency strategies.

Ma also worked as a Quant Derivatives Trader at Archleon Group, he was a Portfolio Manager at Palladion Capital, and he’s a member of the Forbes Technology Council and serves as the Co-Chair of Smart Contract Alliance for the Chamber of Digital Commerce.

Following these experiences, he was inspired to found Quantstamp after investing in the infamous DAO which was hacked due to a combination of vulnerabilities.

Steven Stewart co-founder and CTO of Quantstamp previously worked as a Software Engineer and Computer Systems Analyst at the Canadian Department of National Defense. He also co-founded Many Trees Inc., a GPU computing startup, and worked as a Software Developer at Magnetic Forensics.

Apart from Quantstamp’s brilliant founders, its team is made up of PhDs, security professionals, and operators who come from companies like Google, Facebook, Apple, Goldman Sachs, BMW, Visa, IDG Ventures, and MathWorks.

As well, the Quanstamp team has a combined total of over 1000 Google Scholar citations.

3. What is $QSP Token Used For?

The native cryptocurrency of the Quantstamp protocol is $QSP and it has the following use cases:

Payment for Quantstamp services
Automated Software Verification
Automated Bounty Payout System
Governance

Payment for Quantstamp Services
Blockchain projects and smart contract developers can pay for Quantstamp’s auditing and verification services with $QSP tokens. These services include: Expert Security Audits, Enterprise Blockchain Design & Implementation, and Automatic Smart Contract Scans.

Automated Software Verification
When the Quantstamp protocol receives automated auditing requests, validation nodes can start performing security checks to validate the smart contract. These nodes must stake QSP to ensure they don’t act maliciously and for their computational effort, they are rewarded with QSP tokens.

Automated Bounty Payout System
When a smart contract is submitted for auditing by the Quantstamp protocol, it must include a set of QSP tokens for bounty rewards and a deadline for when Bug Finders can submit issues. If no bugs are found by the deadline, the QSP bounty reward is returned.

Governance
QSP token holders hold governance rights over the Quantstamp protocol. The governance model uses a time-locked multisig in which any token holder can propose a change or upgrade to the protocol in which other QSP token holders can vote on. The more approvals a proposal has, the sooner it can be set into motion.

4. What are the products of Quantstamp?
Quantstamp has 3 industry-leading blockchain products:

Expert Blockchain Security Audits
Automated Smart Contract Scans
Express Enterprise Blockchain Solutions

==========

Plus it’s not far off from reaching its Max supply so once the limit is reached and more and more companies are forced to buy their tokens to use their services, could be a great one to hodl for 5 years.


https://cryptorank.io/price/quantstamp
The max. supply of Quantstamp that will ever be issued is 976.44 Millions tokens, and the current supply of QSP in circulation is 713.80 Millions tokens.

[Jayke]

Another big use case for Algorand (as if it doesn’t have enough already). Swingby tokens seem to have decent token economics. Low market cap, 1 billion max supply, currently trading at 72 cents. Might be worth adding a bag to your holdings since it looks like they’ll be a core component of integrating the DeFi blockchains.

========


https://swingby.medium.com/swingby-receives-grant-to-bring-skybridge-to-the-algorand-ecosystem-9433a2f55c63




Swingby receives grant to bring Skybridge to the Algorand ecosystem

Swingby’s Skybridge provides trustless bridges between Bitcoin, Ethereum, Binance Smart Chain (BSC), and other blockchains. It executes fast token swaps using a secure network of Metanodes that are powered by multi-party computing and layer-2 technology. Ultimately, the Skybridge enables users to move a 1-trillion dollar market cap digital asset like Bitcoin into the $50B DeFi ecosystem, as well as supports the seamless flow of liquidity between blockchains.
On December 28th, Swingby launched their first Skybridge which bridged Bitcoin to Ethereum via WBTC. After a successful launch, with the bridge processing over $5M weekly and over $45M worth of Swingby tokens as bonded collateral, the team set their sights on the Binance Smart Chain which is expected to release this month (March 2021).
Swingbys number 1 goal has always been to “bring Bitcoin to DeFi”. To accomplish that, the team has committed to building new Bitcoin bridges and working with blockchains that look likely to become a new major source of new DeFi opportunities. Introducing Algorand.
What is Algorand?
Algorand is the world’s first open-source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products. This blockchain, the Algorand protocol, is the brainchild of Turing Award-winning cryptographer Silvio Micali. Algorand is powering the DeFi evolution by delivering blazingly fast transactions, at a truly global scale, with extremely low costs. Thus enabling the creation of new financial tools and services, potential for disruptive new payments platforms, bringing assets on-chain quickly and easily, and providing powerful and robust Layer 1 and Layer 2 Smart Contracts.

The bridge

Swingby will bring Bitcoin to the Algorand ecosystem with the launch of a BTC to Algorand bridge, as well as an Ethereum to Algorand bridge which will allow existing ERC20 tokens to seamlessly travel from one chain to the other. Once the two bridges have been launched, liquidity providers that exist on the Algorand chain will be integrated into the bridges via Skypools.

These 3 developments, which will be released in the form of separate milestones, will:

Help Bitcoin to become much more available in the world of DeFi.
Help utility chains that are expanding their footprint in DeFi to compete with the Ethereum chain which currently has 99% of DeFi value locked into its smart contracts.

Expand the Swingby Skybridge ecosystem, by providing another bridge and adding additional use cases. With the launch of a new bridge, 50+ additional Metanode operator slots will become available.

“We are extremely excited to start building on the Algorand chain. As we have always said, Swingby’s main goal is to improve DeFi and bring our technology to projects that are willing to invest in the development of their DeFi ecosystem — Algorand has clearly shown us that they are willing to do that. We truly believe that Algorand will be a major player in DeFi and we want to be there as their primary liquidity bridge when that happens.”— Jacob Plaster, Swingby CEO

“The Algorand Foundation is delighted to support the team at Swingby Labs in bringing their innovative Skybridge technology to the Algorand ecosystem. Enabling a truly global, interconnected DeFi ecosystem will further accelerate the adoption of blockchain based finance systems. We look forward to a long and exciting relationship with Swingby Labs” — Sean Lee, CEO Algorand Foundation
The new developments mentioned above are the tip of the iceberg for the collaboration between Swingby Labs and the Algorand Foundation, the teams will work together to support more innovative and exciting features for DeFi users into the future.


==========

[Jayke]

This is a great interview between Algorands Keli Callaghan and the head of business development for a 150 year old Italian coffee company, Caffe Barbera .
Love how this guy has clearly been a cryptocurrency enthusiast for a while and has used the government shutdowns as an excuse to adopt cryptocurrency payments for their products. He goes over the 3 main reasons why they chose Algorand as their primary e-commerce payment system and also how they plan on utilising Algorand for tokenising their supply chain metrics, enabling greater transparency to the lifecycle journey their coffee beans go on.
They’re also offering a 20% discount for anyone paying in Algorand (https://www.cafebarbera.com/news/).

Can’t wait to start ordering coffee with my Algo staking rewards! :happythumbsup:

bksrKSnHeYA

[Jayke]

There didn’t seem to be much correlation between the astrology cycles in March to the Bitcoin price. Let’s see if the April forecast (https://youtu.be/EIkyCs3AV_o) from Rick Levine has any good calls. Should shape up to be an interesting month if price follows any of the planets.

======



The April Astrology Report is now live on YouTube.

April is a month of progress, but it might not be as steady as we wish. The month begins on a serious note of Saturnian restraint and ends with the shock of a Sun-Uranus conjunction. The cosmos seems impatient when mental Mercury jumps into assertive Aries on April 3. Four planets in Aries should be enough to push through any resistance and land us into new territory. In fact, we might believe that everything is finally moving quickly, but we realize that it’s partly an illusion when Mars squares dreamy Neptune on April 9. Thankfully, the Aries New Moon on April 11 is the sign we’ve been waiting for; the starting gate opens and we are allowed to run. Nevertheless, the energy is intense as Venus squares unrelenting Pluto. Passions come to the surface, possible creating a power struggle when the Sun and Mercury each squares Pluto on April 16 and April 17, respectively. We may further fuel the fires of disagreement while combative Mars forms an irritating quincunx to Pluto, also on April 17.

Forward movement slows considerably when Venus enters slow-and-steady Taurus on April 14, followed by Mercury and the Sun on April 19. But these three planets catch up with progressive Uranus on April 22, April 23, and April30, respectively. Nevertheless, we may still run into trouble if we’re unwilling to meet our obligations, if our work is sloppy, or if we take shortcuts when Mars, Venus, and Mercury each form stressful aspects to taskmaster Saturn on April 19, April 24, and April 25. The pattern of breaking out of the status quo (Uranus) followed by another round of constraint (Saturn) becomes a theme for the month as a fractal of the yearlong Saturn-Uranus square. A powerhouse Scorpio Full Moon on April 26 reveals the hidden complexity of continuing on our set path. The speedy Aries energy from the beginning of the month transforms int unrelenting determination with four planets in obstinate Taurus. We are beginning to understand that we will reach our goals, but it is a marathon and not a sprint. Pluto’s retrograde station on April 27 confirms the need for persistence while the Sun’s conjunction with irrepressible Uranus on April 30 ends the month with a burst of newly found freedom.

This is a public video. Please share freely.

~ Rick
======

[marielle]

I just skimmed through all 11 pages of this thread--very interesting!!

I didn't see any mention of Theta which has been promoted by Bix Weir and others. It's not easy to buy since it's not on Coinbase but I've been buying XLM (Stellar) on Coinbase and then using simpleswap.io to convert and send to my Theta wallet. Apparently, XLM has low transaction fees so it's the recommended crypto to buy for exchanging...

Maybe Bix is taking me for a ride but I'm only playing with money I can afford to lose at this point.

Just a warning--I lost my money on my first attempt of using simpleswap.io because I didn't cut/paste the XLM "memo" properly. Fortunately, I only lost about $20 but now I'm extremely careful to double check every cut and paste to make sure they are all correct.

[Mypos]

I want to buy some KIN but im struggling with how to do it. Would you guys recommend Gate.io or FLX? On FLX i can buy USD with my bank and then transfer it to KIN and on Gate.io i have to transfer the USD from somwhere else. Maybe this brings with it some extra costs too? I have to wait a week now for the ID process on FLX. Its a whole lot of researching how to do this stuff.

[Jayke]

I just skimmed through all 11 pages of this thread--very interesting!!

I didn't see any mention of Theta which has been promoted by Bix Weir and others. It's not easy to buy since it's not on Coinbase but I've been buying XLM (Stellar) on Coinbase and then using simpleswap.io to convert and send to my Theta wallet. Apparently, XLM has low transaction fees so it's the recommended crypto to buy for exchanging...

Maybe Bix is taking me for a ride but I'm only playing with money I can afford to lose at this point.

Just a warning--I lost my money on my first attempt of using simpleswap.io because I didn't cut/paste the XLM "memo" properly. Fortunately, I only lost about $20 but now I'm extremely careful to double check every cut and paste to make sure they are all correct.

I’d always put Theta in the ‘hype coin’ category, not because I know anything about it or have looked into it, just because it’s one I’ve heard a lot of buzz about, yet despite the buzz, I’m still clueless as to what it’s utility as a blockchain is. What’s its unique selling point? Let’s take a closer look.

OQR7GVoV-24

=========


https://cinedigm.com/press/




Apr 1, 2021
CINEDIGM INTEGRATES THETA NETWORK TO LAUNCH EXCLUSIVE THETA-POWERED CHANNELS ON CONTV.COM
-
LOS ANGELES, CA / ACCESSWIRE / April 1, 2021 / Theta Labs, the leading decentralized video delivery network, is partnering with Cinedigm (NASDAQ:CIDM), one of the leading American media and digital entertainment companies. The collaboration will see Cinedigm integrate the native Theta peer-to-peer streaming technology, blockchain protocol and Theta Fuel (TFUEL) micropayments on its CONtv Anime branded channel page. It allows visitors to CONtv to view its large library of anime, sci-fi, horror and cult shows and films directly using Theta's fully decentralized technology and protocol.

Cinedigm's owned and operated streaming channel CONtv Anime is one of the leading destinations for anime fans with a wide range of iconic anime series & movies, including cyberpunk, supernatural tales, gripping dramas and epic fantasy adventures. Consumer interest in premium content remains strong within the OTT ad-supported space as traditional cable and satellite services continue to lose subscribers seeking low-cost alternatives and new options for their entertainment needs.

"We're thrilled to integrate Theta network peer-to-peer streaming infrastructure to power our 24x7 live channels on CONtv.com, letting our user base experience the benefits of Theta decentralized streaming," said Tony Huidor, SVP, Products & Technology and General Manager of Digital Networks at Cinedigm. "We view this as a strategic long-term opportunity, a key differentiator in the industry and we believe it will contribute to sustained viewer growth and engagement in the premium OTT segment."

The integration on Cinedigm's site follows a similar recent integration of the Theta technology on the World Poker Tour, Shout! Factory, GFUEL and other platforms, further driving adoption of Theta's ground-breaking blockchain-powered decentralized video delivery infrastructure.

Theta integration allows leading entertainment and streaming platforms like Cinedigm to lower their video delivery CDN costs by 50% or more, while increasing user engagement, viewing times and monetization. Users in return can earn FUEL rewards for sharing video content utilizing their excess bandwidth and computing resources. Theta blockchain's innovative approach enables fans to earn as much as $10-$15/month simply by watching their favorite content on their browser with no download required.

"We're continuing to drive rapid adoption of our patented decentralized video streaming technology in the high-growth digital media and entertainment industry," said Mitch Liu, CEO and co-founder of Theta Labs. "We welcome Cinedigm to the Theta family to further expand the Theta network reach to millions of consumers worldwide. This along with Theta's Edge network of over 30,000 global nodes and validator partners including Google, Samsung and Sony will transform and shape the future of digital media."

ABOUT CINEDIGM

For more than twenty years, Cinedigm (NASDAQ:CIDM) has led the digital transformation of the entertainment industry. Today, Cinedigm entertains hundreds of millions of consumers around the globe by providing premium content, streaming channels and technology services to the world's largest media, technology and retail companies. For more information, visit http://www.cinedigm.com/.

ABOUT THETA

Theta Labs pioneered Theta Network, the leading video delivery network powered by blockchain technology, and THETA.tv, the next generation decentralized live streaming platform. Theta infrastructure enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on a peer-to-peer basis on any PC, mobile, Smart TV and IoT device.

Theta's enterprise validator and governance program is led by global leaders including Google, Samsung, Sony Europe, Binance, Blockchain Ventures, and gumi. THETA.tv, the first application built on the Theta Network, leverages its existing user base of millions of esports viewers to seed the Theta P2P mesh network along with content partnerships with Lionsgate, MGM Studios, CONtv, NASA, and others. Video platform partners include World Poker Tour, Cinedigm, Samsung VR, GameTalkTalk, MovieBloc, Ultra, GFUEL and other OTT media, entertainment, peer-to-peer live streaming services. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM and Sierra Ventures. Learn more at www.thetalabs.org.
===========

Looks pretty solid. Potential to be a decentralised version of Netflix. Will probably be a great speculative investment for this bull market and the upcoming alt-coin season as Bitcoin dominance starts to drop.

[Jayke]

I want to buy some KIN but im struggling with how to do it. Would you guys recommend Gate.io or FLX? On FLX i can buy USD with my bank and then transfer it to KIN and on Gate.io i have to transfer the USD from somwhere else. Maybe this brings with it some extra costs too? I have to wait a week now for the ID process on FLX. Its a whole lot of researching how to do this stuff.

Cant say I’ve heard of Gate.io, FLX or KIN. Looking it up now though, you know kin has a total coin supply of 10 trillion coins. So if KIN was to grow in market cap to rival bitcoins $1 trillion, each kin would be worth $0.1. Which, to be fair would be 293x where it’s current price is now. Might be a long hodl to see some serious gains though.


https://coinmarketcap.com/currencies/kin/markets/


Circulating Supply
1,518,114,145,968 KIN
Max Supply
10,000,000,000,000

=========


https://cryptonews.com/coins/kin/




What is Kin?

Making sense of what Kin promises to achieve as a currency starts by having a clear overview of its native platform – Kik. In short, Kik is a mobile, free-to-use messaging app, similar to Viber, launched by the Canadian company called Kik Interactive. Armed with some unique features, such as its insistence on anonymity and featuring an internal dedicated browser, it managed to attract some 300 million users worldwide (as of December 2018) following its launch, with most of them being of younger age.

Kin cryptocurrency was designed as part of an earlier effort to monetize the use of the platform which promised the use of free services from the outset. Following the decision to move away from the standard advertising schemes, the Kik developers saw an opportunity to create a system of “Kik Points” which the users would earn by interacting with targeted ads or playing various games on the platform. Once acquired, the Points could be used to buy digital stuff, such as special stickers and emojis on the Kik. The model proved to be successful with the audience, prompting the developers to try to apply similar principles in designing a full-blown cryptocurrency with a global ambition.

What is Kin Trying to Achieve?

The rise of the blockchain technology went hand in hand with the Kik team’s ambition to create a virtual asset whose use would be no more complicated than sending a message on its instant messaging system. Following its announcement back in 2017, Kin drew public attention by making a promise to resolve various issues which its developers perceived as hampering the establishment of a modern digital economy:

Kin aims to promote the creation of an open ecosystem of apps which would be focused on the users themselves. This came as a response to what the Kin developers saw as the unwelcome domination of several large digital players that are trying to monetize the very users they profess to serve and destroy the competition in the process. With Kin, each participant in its ecosystem can be compensated for any new value created online, no matter if they are developers, full-time content creators or just contributing users.

Kin wants to create a decentralized global digital economy system based on larger communities, without the need for a single all-powerful authority managing it. Instead of ceding power to a company or organization which pays little attention to the customers’ needs or their privacy, the main stakeholder in the Kin community are the consumers of a certain product (such as an app), its supporters, operators and investors. By avoiding to rely on advertising only, these participants would be incentivized to create economic value and share its benefits among themselves.

The future Kin community hopes to level a playing field in which one’s successful product can promote the success of other solutions. With that in mind, the Kin platform plans to include support for free circulation of apps and their linking within its ecosystem. Based on this, the Kin hopes to create a community of developers who are willing to support each other and their creations and move away as far as possible from the existing corporate practices which pit one product against the other and have them exist in isolated environments.
=========

[Jayke]

Great conversation (https://spa-assets.eventxtra.com/786UVU6VpKeu35WEEqJAW5T25QTEBt8aku31AX87gbLD/Day%201%20-%2013.%20Innovation%20Ecosystems%2C%20Hashgraph%20Applications--1617104305209.mp4) between Scott Thiel, head of the global law firm DLA Piper, representing their Tokenisation service TOKO. Yat Siu, head of Animoca Brands, a leader in digital entertainment, gaming and artificial intelligence technologies, and Mance Harmon, CEO of Hedera Hashgraph.

Out of all the blockchains offering tokenisation services, how many will survive the regulatory apocalypse once governments get overly involved. Scott Thiel says DLA Piper chose Hedera because, as a law firm, they have an idea what those regulatory requirements might be, and Hedera is one of the best positioned to take advantage of those regulatory environments while others might stumble.

https://twitter.com/hedera/status/1378089023424565249
1378089023424565249

[Jayke]

Loving the innovative spirit. Combining NFT digital art with physical jewellery.

https://mobile.twitter.com/Gambitvvs/status/1377337217857642496
1377337217857642496

[Jayke]

A more detailed look at Theta network, the most requested token on Cryptivisors channel.

pNLllsJLuV4
~~~~~~~~~~~

Ayman Mufleh digs up some curious connections on one of his favourite tokens. Singularity Net, an AI marketplace. Apparantly Jeffrey Epstein was a big supporter of Singularity Net, and injected some money into the projects.

Wjp5Vp9nhKw

[Jayke]

The top 5 most used blockchains in terms of transaction volumes:
1. Telos
2. Ripple
3. EOS
4. Hbar
5. Stellar Lumen

https://mobile.twitter.com/Blocktivity1/status/1378707695587446786
1378707695587446786

https://twitter.com/HelloTelos/status/1377589428739268609
1377589428739268609

https://pbs.twimg.com/media/ExZKA7qXAAILB8B?format=jpg&name=large

[Jayke]

One of the comments under this video: “Michael Saylor is the Chuck Norris of crypto”! :ROFL:
Another good interview though, this time at the MIT blockchain expo 2021.
-s-A_TK8gNk

[DSKlausler]

I'm sticking with my HBar.

A million opinions out there, but one I heard recently was HBar at $4.00 THIS YEAR. You reading this probably realize that that would be greater than 10x (even from a late-to-the-game purchase) - nice.

[Jayke]

I'm sticking with my HBar.

A million opinions out there, but one I heard recently was HBar at $4.00 THIS YEAR. You reading this probably realize that that would be greater than 10x (even from a late-to-the-game purchase) - nice.

Hbar is a 5-10 year minimum hold for me. I'd love it to go to $4 this year but beware whale games this bull market. They're already setting up their order books for an alt-coin season pump and dump.

https://mobile.twitter.com/drmanhashan/status/1379365870745624579
1379365870745624579

[gord]

I'm ambivalent about HBAR. I bought a fair amount a while ago, and when it got to 3.5x the price I bought it for, I sold 1/3.5 of it, so what remains cost me 0. It doesn't matter what it does or what I do with it.

[mountain_jim]

^ that's my plan for BTC - I plan to sell 20% when it pays for the other 80%, then HODL the rest

and that may happen within a few months....

[gord]

https://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118
A thousand years ago, when money meant coins, China invented paper currency. Now the Chinese government is minting cash digitally, in a re-imagination of money that could shake a pillar of American power.

It might seem money is already virtual, as credit cards and payment apps such as Apple Pay in the U.S. and WeChat in China eliminate the need for bills or coins. But those are just ways to move money electronically. China is turning legal tender itself into computer code.

Cryptocurrencies such as bitcoin have foreshadowed a potential digital future for money, though they exist outside the traditional global financial system and aren’t legal tender like cash issued by governments.

China’s version of a digital currency is controlled by its central bank, which will issue the new electronic money. It is expected to give China’s government vast new tools to monitor both its economy and its people. By design, the digital yuan will negate one of bitcoin’s major draws: anonymity for the user.

Beijing is also positioning the digital yuan for international use and designing it to be untethered to the global financial system, where the U.S. dollar has been king since World War II. China is embracing digitization in many forms, including money, in a bid to gain more centralized control while getting a head start on technologies of the future that it regards as up for grabs.

“In order to protect our currency sovereignty and legal currency status, we have to plan ahead,” said Mu Changchun, who is shepherding the project at the People’s Bank of China.

[article continues at the link]

[Jayke]

https://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118
A thousand years ago, when money meant coins, China invented paper currency. Now the Chinese government is minting cash digitally, in a re-imagination of money that could shake a pillar of American power.

It might seem money is already virtual, as credit cards and payment apps such as Apple Pay in the U.S. and WeChat in China eliminate the need for bills or coins. But those are just ways to move money electronically. China is turning legal tender itself into computer code.

Cryptocurrencies such as bitcoin have foreshadowed a potential digital future for money, though they exist outside the traditional global financial system and aren’t legal tender like cash issued by governments.

China’s version of a digital currency is controlled by its central bank, which will issue the new electronic money. It is expected to give China’s government vast new tools to monitor both its economy and its people. By design, the digital yuan will negate one of bitcoin’s major draws: anonymity for the user.

Beijing is also positioning the digital yuan for international use and designing it to be untethered to the global financial system, where the U.S. dollar has been king since World War II. China is embracing digitization in many forms, including money, in a bid to gain more centralized control while getting a head start on technologies of the future that it regards as up for grabs.

“In order to protect our currency sovereignty and legal currency status, we have to plan ahead,” said Mu Changchun, who is shepherding the project at the People’s Bank of China.

[article continues at the link]

I saw a tweet yesterday about a function built into the digital Yuan where they can set expiry times onto the currency, so if you don’t spend it before a certain date, it becomes invalid to use. The idea being, forced spending can boost the economy during slow economic growth. That kind of thing is way too distopian for me. What you supposed to do if you’re saving for a house and your deposit expires before you’ve saved enough?

~~~~~~~~~~~~~

In Hbar news. There seems to be a good ecosystem of musicians building on the Hedera network.

Tune.fm (https://tune.fm/signup/?next=/), similar to the Opulous project being built on Algorand. Musicians can tokenise their music as NFT’s on GoMint (https://www.gomint.co) using Hedera token service, then get paid royalties for streaming rights as you listen to their music. Lionel Eyes Records already integrating the system into their business.

https://mobile.twitter.com/lioneyesrecords/status/1379914518919180292
1379914518919180292

[Jayke]

Month in review. These numbers were pulled yesterday, so some coins have changed price already since then. Looking good for the whole crypto markets in general. Alt-coin season is seeing some blow off tops like corn popping in a microwave.:Party:

~~~~~~~~~~~

Month in review:




Bitcoin: ($43908.90) = $50995 > $56923 = 11.6%
Etheruem: ($1750.97) > $1760 > 2023 = 14%
Litecoin: ($164.35) > $187 > 222.69 = 19.085%
Bitcoin Cash: ($474.88) > $512 > 565.58 = 10.46%
Bitcoin Gold: ($12.8868) > $19.4 = 97.04 = 400%
CeloGold: $3.40 > $3.9 > 4.41 = 13%
Bitcoin Sv: $188.05 < $184 > 243.95 = 32.58%
Dash: $188.05 > $212 > 269 = 26.88 %
Tron: $0.0378 > $0.053 > 0.1215 = 129%
EoS: $3.55 > $3.86 > 6.22 = 61%
Zcash: $95.93 > $127 > 175.99 = 38.5%
Stellar: $0.397779 > $0.4119 > 0.485 = 17%
Ripple: $0.446355 > $0.478 > 0.9618 = 101.2%
Algorand: $0.9050 > $1.123 > 1.34 = 19%
Hedera HBar: $0.09832 > $0.179 > 0.318 = 77.6%

Top 5




Bitcoin gold = 400%
Tron = 129%
Ripple = 101%
Hbar = 77.6%
EOS= 61%

~~~~~~~~~~

[leavesoftrees]

what is the difference between Bitcoin, Bitcoin Gold, Bitcoin cash, Bitcoin sv?

and why is there now Ethereum 2?

[Jayke]

what is the difference between Bitcoin, Bitcoin Gold, Bitcoin cash, Bitcoin sv?

and why is there now Ethereum 2?
The Bitcoin forking guide (https://www.bitdegree.org/crypto/tutorials/bitcoin-fork) can explain where the different derivations of Bitcoin come from.

As for Ethereum 2. Have you tried using the Ethereum network? The fees and speed are ridiculously expensive and slow. Ethereum has the network effect in that it’s been around longer than many other chains and has lots of decentralised finance apps built on it, but unless they upgrade to compete with newer blockchain tech (i.e. cheaper and faster) then any new people moving into blockchain development will just pick one of the newer, faster blockchains. If Ethereum doesn’t upgrade their protocol they’ll go the way of ‘Myspace’ as ‘Facebook’ came onto the scene.

https://twitter.com/martonenetworks/status/1380618847598743552
1380618847598743552

~~~~~~~~~~~~~~~

I like how open Algorand are with their tokenomics. I only found out a couple days ago they have a Nobel prize winning economist advising them,Paul Milgram (https://decrypt.co/44753/advisor-cryptocurrency-project-just-won-nobel-prize).

New all time high anticipated soon, settling down to the previous all time high of $1.8 until the 30 day moving average reaches that level. The tokenomics offer slow and steady growth and gives insight into some levels to plan any trades around.

1380606526746951680https://mobile.twitter.com/BwNcWx/status/1380606526746951680

========


https://algorand.foundation/news/algorand-foundation-early-backer




Update on Early Backer Accelerated Vesting
February 22nd, 2021 - The vesting schedule agreed by members of the Early Backers program, EIP-11252019AF, contained a vesting acceleration mechanism, which, under certain market conditions, would accelerate the vesting of these tokens and bring forward the end date of the early backer program. This acceleration mechanism does not increase the fixed, total amount of tokens in the early backer program - it increases the daily vesting amount of those tokens. The Early Backer vesting program, without acceleration, would be completed in 2024.

This acceleration mechanism is based on the 30 day rolling average value of the Algo token. When the 30 day average, on any day, exceeds the previous “high water mark” 30 day average, accelerated vesting will begin. As the new 30 day average increases so does the 30 day “new high water mark”. This daily acceleration will increase until the day when the 30 day average is below the increased 30 day “high water mark”. At this point acceleration will stop and will not restart until the 30 day average once again passes the new highest water mark.

Since February 3rd, the 30 day rolling average exceeded the previous high water mark and accelerated vesting began. Accelerated vesting has continued to date, and as of the 22nd Of February, ~615M Algo have been accelerated into circulating supply. As the current value of the Algo is now below the $1.8 level achieved in January, the 30 day rolling average may soon fall below the highest water mark and acceleration would stop - when this may happen will depend on the market and cannot be forecast to a specific day.

As a result of the accelerated vesting that occurred in 2020 and the accelerated vesting that has occurred to date in 2021, the early backer program will now complete, at the latest, by 2023. This has reduced the program duration by at least a year. If further acceleration periods occur between now and 2023, this completion date will further come forward in time.

To be clear, this vesting occurs daily and not as 1 large injection of supply. 3rd party research websites may not be updating their supply numbers on a daily or weekly basis, and as such, there may be a lag on this information being updated. The Algorand Foundation is working with these research sites to improve real-time reporting of supply. For real-time information on the token diffusion, on-chain transactions, etc. on the Algorand blockchain, please refer to the following block explorer websites: https://algoexplorer.io and https://goalseeker.io.

Further details on accelerated vesting and on token diffusion in general will be shared by the Foundation in its bi-annual transparency report.

==========

[Jayke]

Hedera reveals new council member, with a new updated promo video featuring the Shinhan Bank logo. Huge use case for Hbar.

https://mobile.twitter.com/hedera/status/1382108854008299520
1382108854008299520

dtVTtiTrdp4

[iota]

so ... i wasn't really getting it .. but now saw this and it all made sense ...




YHjYt6Jm5j8

[Jayke]

so ... i wasn't really getting it .. but now saw this and it all made sense ...




YHjYt6Jm5j8

If you like you’re money earning money for you, Bitcoin is easily the best place to let it grow. Although my favourite part about Bitcoin is it’s ability to make a mockery of the whole global lockdown farce. Check out the epic rant between SaifeDean who wrote the book, The Bitcoin Standard: the decentralised alternative to central banking (The Bitcoin Standard: The Decentralized Alternative to Central Banking), and Nassim Nicolas Taleb on Twitter, the first tweet of which:

https://twitter.com/saifedean/status/1382408549343580161
1382408549343580161
The Bitcoin algorithm ensures it’s the most stable and scarce asset in human history. The timing of it going mainstream is very telling. Michael Saylor alludes to it with his ‘cyber hornets’ tweets.

https://mobile.twitter.com/michael_saylor/status/1307029562321231873
1307029562321231873

Astrologically, 800 years ago (the last major Saturn/Jupiter conjunction) saw the rise of the Knights Templars and the European banking system, the Templars used the symbology of bees (http://whale.to/a/mysteries_revealed.html), symbolic of the Merovingian and ancient Egyptian pharaonic bloodlines.

800 years on, new major Saturn/Jupiter conjunction and start of a new astrological cycle. The banking system has become corrupt, the bees tyrannical. Hornets kill bees. Central banking dies, the corruption along with it. Bitcoin is as savage as a hornet in how well it takes down the old financial system.

-gAVlh-7WZM

[iota]

If you like you’re money earning money for you, Bitcoin is easily the best place to let it grow. Although my favourite part about Bitcoin is it’s ability to make a mockery of the whole global lockdown farce. Check out the epic rant between SaifeDean who wrote the book, The Bitcoin Standard: the decentralised alternative to central banking (The Bitcoin Standard: The Decentralized Alternative to Central Banking), and Nassim Nicolas Taleb on Twitter, the first tweet of which:

https://twitter.com/saifedean/status/1382408549343580161
1382408549343580161
The Bitcoin algorithm ensures it’s the most stable and scarce asset in human history. The timing of it going mainstream is very telling. Michael Saylor alludes to it with his ‘cyber hornets’ tweets.

https://mobile.twitter.com/michael_saylor/status/1307029562321231873
1307029562321231873

Astrologically, 800 years ago (the last major Saturn/Jupiter conjunction) saw the rise of the Knights Templars and the European banking system, the Templars used the symbology of bees (http://whale.to/a/mysteries_revealed.html), symbolic of the Merovingian and ancient Egyptian pharaonic bloodlines.

800 years on, new major Saturn/Jupiter conjunction and start of a new astrological cycle. The banking system has become corrupt, the bees tyrannical. Hornets kill bees. Central banking dies, the corruption along with it. Bitcoin is as savage as a hornet in how well it takes down the old financial system.

-gAVlh-7WZM




so ... i wasn't really getting it .. but now saw this and it all made sense ...




YHjYt6Jm5j8

If you like you’re money earning money for you, Bitcoin is easily the best place to let it grow. Although my favourite part about Bitcoin is it’s ability to make a mockery of the whole global lockdown farce. Check out the epic rant between SaifeDean who wrote the book, The Bitcoin Standard: the decentralised alternative to central banking (The Bitcoin Standard: The Decentralized Alternative to Central Banking), and Nassim Nicolas Taleb on Twitter, the first tweet of which:

https://twitter.com/saifedean/status/1382408549343580161
1382408549343580161
The Bitcoin algorithm ensures it’s the most stable and scarce asset in human history. The timing of it going mainstream is very telling. Michael Saylor alludes to it with his ‘cyber hornets’ tweets.

https://mobile.twitter.com/michael_saylor/status/1307029562321231873
1307029562321231873

Astrologically, 800 years ago (the last major Saturn/Jupiter conjunction) saw the rise of the Knights Templars and the European banking system, the Templars used the symbology of bees (http://whale.to/a/mysteries_revealed.html), symbolic of the Merovingian and ancient Egyptian pharaonic bloodlines.

800 years on, new major Saturn/Jupiter conjunction and start of a new astrological cycle. The banking system has become corrupt, the bees tyrannical. Hornets kill bees. Central banking dies, the corruption along with it. Bitcoin is as savage as a hornet in how well it takes down the old financial system.

-gAVlh-7WZM

OMG Jayke! where did you find this??

and just when i 'm smiling because you know i love your energy .... you introduce me to "MURDER" hornet energy!!! how ill i sleep now Jayke???? :(

i'll just focus on the Central baking system dying i guess ... i mean its a "Death" the me .. (do we need to talk Jayke? i'm here for you ... ):flower: but at least one that NEEDS termination .. righteouseness anyway :sun:

you didn't see my video did you? lol~


but i DO have a serious question ... what is my namesake here? know anything about it?



https://tradingstrategyguides.com/wp-content/uploads/2018/06/IOTA-logo2.jpg



https://www.iota.org/

and YES ... i DO want my money to work for me! so teach away~~ :star::star::star::star:

[Jayke]

OMG Jayke! where did you find this??

and just when i 'm smiling because you know i love your energy .... you introduce me to "MURDER" hornet energy!!! how ill i sleep now Jayke???? :(

i'll just focus on the Central baking system dying i guess ... i mean its a "Death" the me .. (do we need to talk Jayke? i'm here for you ... ):flower: but at least one that NEEDS termination .. righteouseness anyway :sun:

you didn't see my video did you? lol~


but i DO have a serious question ... what is my namesake here? know anything about it?



https://tradingstrategyguides.com/wp-content/uploads/2018/06/IOTA-logo2.jpg



https://www.iota.org/

and YES ... i DO want my money to work for me! so teach away~~ :star::star::star::star:

I did watch the video, I watched it the first time it was posted on the thread a couple months ago :blushing::happythumbsup:

We’ve covered a little on your namesake a few pages back, here (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1417359&viewfull=1#post1417359). German hashgraph engineering with NSA connections. It’s been performing pretty well since me and Mountain Jim bought some, up 70% in a month. :Party:

Yeah, I’m not really a fan of Michael Saylors Bitcoin ‘hornet’ metaphor, i much prefer the friendlier honey bee in real life, but I know exactly what he’s alluding to in regard to the old Knights Templar bees banking system that Bitcoin is ripping to shreds. Hornets is an apt metaphor in that regard.

Nick Fiorenza covered the Saturn/Jupiter astrological connection on his website LunarPlanner.com. Although he took ill several months ago and his website seems to be down so not sure if he’s still with us, or even if his content is preserved online anywhere. I did manage to capture a small qoute from his article in a Qanon thread (https://projectavalon.net/forum4/showthread.php?104156-QAnon-An-Opposing-Viewpoint-LARP-Psyop-Cult-or-Something-Even-More-Sinister&p=1304740&viewfull=1#post1304740) though:



https://www.lunarplanner.com/2020/index.html


It is interesting to note that King Philip IV of France (b. 1268 d. 1314) became King Philip I of Navaree in 1284 (through his marriage with Joan I, the queen regnant of Navarre), the exact time of the last Jupiter-Saturn-Pluto synodic confluence, which occurred during the Uranus-Pluto opposition; and that he accuses, arrests, and overthrows the Templars in 1305, the exact time of the Jupiter and Saturn synods with the Uranus-Neptune synod.

The Templar banking system was taken over by the Knights of Malta when the Templars were disbanded. It’s been a Babylonian slavery system ever since.

Max Keiser had a great show recently, the religious metaphors can be a little over the top but as religious metaphors go and as long as you don’t take it too seriously, I thought the comparisons were brilliant, The Apocalypse of Satoshi::star:

2A_JaGCL0RA

[iota]

I did watch the video, I watched it the first time it was posted on the thread a couple months ago :blushing::happythumbsup:

We’ve covered a little on your namesake a few pages back, here (https://projectavalon.net/forum4/showthread.php?113968-Cryptocurrency-which-alt-coins-are-the-globalist-corporations-backing-and-why&p=1417359&viewfull=1#post1417359). German hashgraph engineering with NSA connections. It’s been performing pretty well since me and Mountain Jim bought some, up 70% in a month. :Party:

Yeah, I’m not really a fan of Michael Saylors Bitcoin ‘hornet’ metaphor, i much prefer the friendlier honey bee in real life, but I know exactly what he’s alluding to in regard to the old Knights Templar bees banking system that Bitcoin is ripping to shreds. Hornets is an apt metaphor in that regard.

Nick Fiorenza covered the Saturn/Jupiter astrological connection on his website LunarPlanner.com. Although he took ill several months ago and his website seems to be down so not sure if he’s still with us, or even if his content is preserved online anywhere. I did manage to capture a small qoute from his article in a Qanon thread (https://projectavalon.net/forum4/showthread.php?104156-QAnon-An-Opposing-Viewpoint-LARP-Psyop-Cult-or-Something-Even-More-Sinister&p=1304740&viewfull=1#post1304740) though:



https://www.lunarplanner.com/2020/index.html


It is interesting to note that King Philip IV of France (b. 1268 d. 1314) became King Philip I of Navaree in 1284 (through his marriage with Joan I, the queen regnant of Navarre), the exact time of the last Jupiter-Saturn-Pluto synodic confluence, which occurred during the Uranus-Pluto opposition; and that he accuses, arrests, and overthrows the Templars in 1305, the exact time of the Jupiter and Saturn synods with the Uranus-Neptune synod.

The Templar banking system was taken over by the Knights of Malta when the Templars were disbanded. It’s been a Babylonian slavery system ever since.

Max Keiser had a great show recently, the religious metaphors can be a little over the top but as religious metaphors go and as long as you don’t take it too seriously, I thought the comparisons were brilliant, The Apocalypse of Satoshi::star:

2A_JaGCL0RA

i'm sorry Jayke! you've built an impressive thread here with over 12 pages i honestly, (obviously) have not read every post!! :sun:

so the "iota" IS another currency?

that's awesome that it has done well for you and mountain Jim!! i'm afraid i'm the very worst investor possible!!

i had bought in Aaple and TSLA and even AMZN at really decent prices ... but from what i gathered? the market was going to have a serious down turn this April .. and Biden was going to do an EO or something that was also expected to have a negative downturn ... so i liquidated

since i had bought in low? i got some profit in there even though they had been dipping

well ... TODAY? TSLA went $100 higher per share than when i sold .. AMZN $300 higher ... and apple decided to break the $125 barrier and soar AFTER i liquidated

so i'm kinda down on my own judgement right now :(

[Jayke]

i'm sorry Jayke! you've built an impressive thread here with over 12 pages i honestly, (obviously) have not read every post!! :sun:

so the "iota" IS another currency?

that's awesome that it has done well for you and mountain Jim!! i'm afraid i'm the very worst investor possible!!

i had bought in Aaple and TSLA and even AMZN at really decent prices ... but from what i gathered? the market was going to have a serious down turn this April .. and Biden was going to do an EO or something that was also expected to have a negative downturn ... so i liquidated

since i had bought in low? i got some profit in there even though they had been dipping

well ... TODAY? TSLA went $100 higher per share than when i sold .. AMZN $300 higher ... and apple decided to break the $125 barrier and soar AFTER i liquidated

so i'm kinda down on my own judgement right now :(

I’ve been there, the market has a funny skill for going against you the moment you decide to enter or exit a position. March was a choppy month, I got sliced and diced a few times. I managed to preserve my capital though and April is shaping up to be much more profitable. I’ve been using an indicator called market cipher (https://marketciphertrading.com/) on tradingview, which gives a good idea of which way the momentum of a market is flowing. There’s a free clone version called ‘vumanchu cipher B’.

I’m in a good short position on Bitcoin right now actually. Will I get wicked out though? I dunno, always risky shorting in a bull market. :noidea:

Cryptoface, the guy that wrote the code for market cipher has a fun and catchy little tune for traders. ‘You see the market going up, up, up, up... you know it’s going to go down!” :ROFL:

axO_7Lpqzd4
The IOTA blockchain is competing against Hedera Hbar in the hashgraph space, which is a technology fundamental to the way ‘The Internet of Things’ will work. Although there is room for both to be used alongside each other. Would I buy in at its current price? Everything in crypto goes up near the end of a Bitcoin bull market, so if you time it right there’ll be good money to be made. I’d say Hbar is probably a safer long term investment though due to the behemoth companies supporting the role out of their infrastructure.

Investing is much easier than trading. I’m only trading Bitcoin because it’s fun, hodling Hbar and Algorand long term is where I can see most of the money being made.:bigsmile:

[iota]

i'm sorry Jayke! you've built an impressive thread here with over 12 pages i honestly, (obviously) have not read every post!! :sun:

so the "iota" IS another currency?

that's awesome that it has done well for you and mountain Jim!! i'm afraid i'm the very worst investor possible!!

i had bought in Aaple and TSLA and even AMZN at really decent prices ... but from what i gathered? the market was going to have a serious down turn this April .. and Biden was going to do an EO or something that was also expected to have a negative downturn ... so i liquidated

since i had bought in low? i got some profit in there even though they had been dipping

well ... TODAY? TSLA went $100 higher per share than when i sold .. AMZN $300 higher ... and apple decided to break the $125 barrier and soar AFTER i liquidated

so i'm kinda down on my own judgement right now :(

I’ve been there, the market has a funny skill for going against you the moment you decide to enter or exit a position. March was a choppy month, I got sliced and diced a few times. I managed to preserve my capital though and April is shaping up to be much more profitable. I’ve been using an indicator called market cipher (https://marketciphertrading.com/) on tradingview, which gives a good idea of which way the momentum of a market is flowing. There’s a free clone version called ‘vumanchu cipher B’.

I’m in a good short position on Bitcoin right now actually. Will I get wicked out though? I dunno, always risky shorting in a bull market. :noidea:

Cryptoface, the guy that wrote the code for market cipher has a fun and catchy little tune for traders. ‘You see the market going up, up, up, up... you know it’s going to go down!” :ROFL:

axO_7Lpqzd4
The IOTA blockchain is competing against Hedera Hbar in the hashgraph space, which is a technology fundamental to the way ‘The Internet of Things’ will work. Although there is room for both to be used alongside each other. Would I buy in at its current price? Everything in crypto goes up in near the end of a Bitcoin bull market, so if you time it right there’ll be good money to be made. I’d say Hbar is probably a safer long term investment though due to the behemoth companies supporting the role out of their infrastructure.

Investing is much easier than trading. I’m only trading Bitcoin because it’s fun, hodling Hbar and Algorand long term is where I can see most of the money being made.:bigsmile:

thanks Jayke!! i appreciate the advice!! ... oh and what about COIN?

i grabbed a couple of shares @ $360 so ... OF COURSE it dipped down to $310 ... against my better judgement (which we've already established, is just not that great right now) FOMO got me and i bought in again @ $312

do you see that as good trading stock right now? or investment for the long haul? or should just stop for now ... sell all except GME tomorrow and and wait til the stars feel more aligned for me? :sun:

[mountain_jim]

So far I don't trade - been buying since last April when my wife got me to start watching the Keiser Report, and I bought Bitcoin for around $10k, then some more on way up to $34k. (hindsight wish I had bought more)

Up so much on that BTC, but HODLing with crossed-fingers every day. The others I have much smaller amounts of, just to watch and learn.

I bought the Voyager stock (VYGVF), was up 75% but it dropped alot on COIN IPO yesterday, and now down to only up 37%.

Think that might be a good long-term hold, but it also has wide-swings for traders to play.

(I have yet to sell any of my purchases in crypto)

later: one reason I stay nervous with paper profits - many opinions like this, and who can really know at this point?



Source: Bloomberg

Finally, we note that Bank of America released a new survey that found that the majority of professional investors are not very optimistic about the world’s largest cryptocurrency. Nearly 75% of respondents in the April Bank of America Fund Manager Survey said that they see Bitcoin (BTC) as a “bubble,” CNBC reported.


on the other hand

https://www.zerohedge.com/crypto/brevan-howard-joins-crypto-craze-main-56-billion-fund



We give Peters the last word:

"The hostile pundits, of course, see manias in all things digital. But throughout human history, not a single bubble ever burst when virtually no one understood what was going on. Rather, that was when the fun had only just begun."

Trade accordingly.

[Denise/Dizi]

I truly am surprised at how many people on Avalon are investing in bitcoin and cryptocurrency... For one it is not tangible, hold in the hand wealth. It is all online, and while being traded easily now, it could easily be stopped at any time with someone blocking any funds, by way of key swipes... Secondly, it is investing.. And in my opinion, just another way to tax the next generation...

I have always felt most "Trading" was based upon the futures of anything. And what makes those futures tangible? The work of the many, our children, grandchildren. I see stocks and bonds as nothing more than future debt slavery, not the success of the "now... " So while this may be new and exciting, and at times profitable for those who get the right ones, at whose expense?

I wonder how many people that are buying and trading such things, that are also worried about being microchipped? As this seems just another part in the whole.. Get in trouble for upsetting someone, your chip is turned off, and so is your access to your digital money... High stakes gambling really....

I can see the draw, it was pushed out as NON governmental money.. Something new to get us away from the paper stock that is being printed out of control.. both, still being issued with the guarantee that in the future, it will be paid. So in my opinion while new and exciting for many, it is a perpetuation into even more chaos, rather than an alternative solution away from debt slavery.

I do own shares, stocks in a company I worked for, but I saw that as a return on the efforts of those working for that company.. I never bought stocks elsewhere... I saw my investments as investments in the family of employees I worked with, to grow the business we all cared about. I knew I worked hard, as did those around me, and as such, our efforts would increase profits.

To me, I feel that buying at a start up is different... It helps the little guys get off of the ground, but after that? I have mixed feelings in any stock market... Because I see humanity as the stock.. The cattle that drives the markets or herds.. And I wish that the system wasn't set up in the way it is.

Personally I buy things that are tangible, gold, coins, things I can hold and would have to be ripped from my hands should things go south... and while that may not give me much profit? It is something that can't be harmed in a paperwork mishap, or a computer glitch...
Am I missing something?

[gord]

A couple of quick searches for +gary+gensler+crypto and +brian+brooks+crypto could turn up some interesting information for people.

[palehorse]

I sold some bitcoins months ago, had trouble with the exchange (I dislike them pretty much), but I did, unfortunately couldn't find anyone to trade in person.

Back in 2016 until 2018 I used to receive payments in Bitcoin and in this period the price was in the range of $650-$20.000, I had it all in one dedicated virtual machine but I had lost the seed phrase because I wrote it in a paper and couldn't remember where it was.. I checked everything to finally find it (do not forget your seed, or you will never recover it), I was kind of surprised I actually had something in the wallet, I used to make small payments and also receiving from some freelance works (but always cashed out straight away), I have hundreds of addresses with dust btc (satoshi), some of these addresses are not even possible to cash out, the mining fee would cost more than the btc balance itself LOL, I will keep it and see where it goes, it is not much, summing up the hundreds addresses it is around $1.1K in the current price, but probably the majority of it would not be possible to cash out (that's what I hate in bitcoin, the steep miner fee locking small amounts in the wallet, the same goes for Ethereum).. but who knows the future, tides change all the time.

I am thinking to buy some Monero, I have about $50 worth of it and would like to increase this wallet, heard amazing things coming, but I do not know if it is speculation only, people in crypto business tend to be too much optimistic and I do not follow reddit, too much garbage, hard to filtrate. :)
Any good intel on Monero?

Just would like to advice anyone that are thinking in selling their houses or belongings in order to invest in frenzy Bitcoin and the likes, DON'T DO IT PLEASE, a stupid (yeah, stupid in my opinion) ex-colleague from my last work did that actually, he was freaking out with covid lock down also without work and sold his apartment and now he is paying rent and his bitcoin are being hold by an exchange, he became a trader overnight, I hope he won't regret.

[samildamach]

I sold some bitcoins months ago, had trouble with the exchange (I dislike them pretty much), but I did, unfortunately couldn't find anyone to trade in person.

Back in 2016 until 2018 I used to receive payments in Bitcoin and in this period the price was in the range of $650-$20.000, I had it all in one dedicated virtual machine but I had lost the seed phrase because I wrote it in a paper and couldn't remember where it was.. I checked everything to finally find it (do not forget your seed, or you will never recover it), I was kind of surprised I actually had something in the wallet, I used to make small payments and also receiving from some freelance works (but always cashed out straight away), I have hundreds of addresses with dust btc (satoshi), some of these addresses are not even possible to cash out, the mining fee would cost more than the btc balance itself LOL, I will keep it and see where it goes, it is not much, summing up the hundreds addresses it is around $1.1K in the current price, but probably the majority of it would not be possible to cash out (that's what I hate in bitcoin, the steep miner fee locking small amounts in the wallet, the same goes for Ethereum).. but who knows the future, tides change all the time.

I am thinking to buy some Monero, I have about $50 worth of it and would like to increase this wallet, heard amazing things coming, but I do not know if it is speculation only, people in crypto business tend to be too much optimistic and I do not follow reddit, too much garbage, hard to filtrate. :)
Any good intel on Monero?

Just would like to advice anyone that are thinking in selling their houses or belongings in order to invest in frenzy Bitcoin and the likes, DON'T DO IT PLEASE, a stupid (yeah, stupid in my opinion) ex-colleague from my last work did that actually, he was freaking out with covid lock down also without work and sold his apartment and now he is paying rent and his bitcoin are being hold by an exchange, he became a trader overnight, I hope he won't regret.

I can second don't sell your house to invest.i had a friend who thought he was the share trading guru.lost everything when the dot.com bubble burst

[mountain_jim]

Well Denise I also invest in physical Gold and Silver, which are price-suppressed by the paper-shorting fiat-protectors.

I quit buying almost all stocks because that market is clearly (to me) in a mania, and I lost big in 2000 in that area.

As an IT systems engineer, software developer, etc., I came to see value in distributed transactions replacing Banks via disintermediation, and in the engineering elegance of blockchain code.

Not a trader though - a longterm holder - but one definitely nervous at how much BTC has gone up since I bought it last year, but I feel my major gold/silver investment percentage will hold up if the plug gets pulled on electronic stores of 'wealth' in the near term. (well unless those rumours are true of those metals being created cheaply by suppressed tech in places such as area 51 ) ;)

But for me this has all been about trying to save enough to leave behind the corporate soul-renting system I participated in for decades (and retire from this month after 40+ years!).

[Jayke]

Some people do well in Bitcoin by selling their house, their car, everything they own. Check out the Bitcoin family YouTube channel, they’re travelling the world and doing extremely well. But yeah you’ve got to buy the dips at the bottom of the bear market and not FOMO in at the peak of the bull market as so many tend to do. As for Bitcoin not being tangible wealth, I’m sure the teenagers who bought Bitcoin in 2017 and are now driving around Dubai in Ferraris wearing diamonds, gold and ridiculously expensive watches make a good case to prove Bitcoin is more than just an intangible asset. :ROFL: (Most of the people I know who stayed in Bitcoin after the peak of the 2017 bull market are all buying houses now).

19U11Zhty5U

https://twitter.com/sami_loyal/status/1340701728333807616
1340701728333807616

~~~~~~~~~~~~~~~~~


thanks Jayke!! i appreciate the advice!! ... oh and what about COIN?

i grabbed a couple of shares @ $360 so ... OF COURSE it dipped down to $310 ... against my better judgement (which we've already established, is just not that great right now) FOMO got me and i bought in again @ $312

do you see that as good trading stock right now? or investment for the long haul? or should just stop for now ... sell all except GME tomorrow and and wait til the stars feel more aligned for me? :sun:

Oh no, you got stung! The crypto traders seem to have a bit of a PR image issue, they get tarnished as being a bunch of geeks playing casino with funny, nerd money. I mean that’s the image I always had of them before getting into the space properly. The short time I’ve been involved though I’ve found some of the savviest, most experienced and most successful traders moved into the space years ago and have have been making absolute bank. They were warning about a Coinbase dump on its IPO day. Any stock that’s had pre-emptive investment before it opens to the public is almost garunteed to dump within the first few days.

Coinbase should be pretty solid moving forward though imo. Not something I’d personally invest in. Just because I’m still stacking my Algorand bag at the minute. Plus I bought shares in a Bitcoin mining company in 2015 which paid out a daily dividend in Bitcoin. Seemed like a great idea at the time, but the minuscule amount of daily Bitcoin mined added up to maybe $2000 at today’s value. Whereas if I’d just bought Bitcoin directly back then, it’d be worth 10 times that by now. No doubt the same thing will happen with Coinbase and Bitcoin. By time $Coin reaches $1000 per share, I’ve no doubt the price of Bitcoin will be closer to $1,000,000.

In the age of Saturn in Aquarius, the digital economy and financial infrastructure is moving to the cloud (Aquarius being a combination of air and water), Saturn will be in Aquarius for another 3 years, so on an archetypal level at least, we may not have much of a bear market during that time as institutional money continues to build out the cloud based ecosystem. Always plan for the bear market of course, which going off previous Bitcoin cycles is due to peak by this September.

One of my favourite YouTube channels currently is ‘Conquering the markets’. This guy has a wealth of experience in both traditional stocks and digital assets. Great place to get started in Bitcoin economics.

7GUETA8Jwso

[Jayke]

A couple of quick searches for +gary+gensler+crypto and +brian+brooks+crypto could turn up some interesting information for people.

After the SEC and Ripple fiasco, looks like they’re gearing up to make decentralised digital currencies a safe harbour asset.

https://twitter.com/acoindetective/status/1382190138487316486
1382190138487316486

[Jayke]

This is an interesting Hbar price prediction from a chart analyst who knows nothing about the Hedera hashgraph project. Making his analysis purely with technical analysis on the price action. He predicts another 10-20 days of consolidation before a parabolic rise to the upside, on the logarithmic chart his price target is $4 with a retracement back down to the $1 range afterwards. I’d be happy with a $1 Hbar by the end of the year, but I may place some sell orders at $4 just incase it does go ballistic. Still won’t be taking profit yet though, just plan on doubling my holdings on the dip.:ROFL:

e-aa8zs0_KQ

Looks like he’s using the parabolic chart technique:
https://pbs.twimg.com/media/EzGebOHXAAY0eX0?format=png&name=900x900

Curiously, I tried applying this same parabolic chart analysis to the Bitcoin chart and Bitcoin looks like it’s following the same pattern on the logarithmic chart. Currently consolidating at the base 4 level, after doubling in price from $30,000 to $60,000, with a final parabolic blow off top to the $400,000 level. No idea how well these patterns play out for real but with the Sun going conjunct Uranus on April 30th, we could be in for some interesting price action come May.

[Jayke]

There’s so much going on with Algorand right now that I haven’t been able to keep up with all the major updates. It’s really starting to pick up steam as the go to blockchain for new defi projects.

https://twitter.com/ulamlabs/status/1382989720981020672
1382989720981020672

https://twitter.com/ulamlabs/status/1383083613063888899
1383083613063888899

~~~~~~~~~~~~


https://www.channelbiz.co.uk/press-release/algorand-and-bridgetower-capital-announce-strategic-partnership/





Algorand and BridgeTower Capital Announce Strategic Partnership

BridgeTower Capital, a global private equity firm, focusing on traditional private equity investments and blockchain and DeFi markets, announced today a partnership with Algorand. Algorand, the creator of the world’s first pure proof-of-stake foundational blockchain, is a leading blockchain technology company accelerating the convergence of decentralized and traditional finance.

BridgeTower will use Algorand’s technology as the underlying blockchain solution to issuance of the BridgeTower Capital tokenized digital security. It will also use Algorand as a preferred blockchain for BridgeTower products and services. Beyond the elementary requirement of an open, public network, Algorand’s technology enables a set of high performing Layer-1 blockchains that provide security, scalability, complete transaction finality, built in privacy, Co-Chains, and advanced smart contracts.

“Algorand was a clear choice given their technology, team and leadership position in the digital marketplace,” said BridgeTower Chief Executive Officer Cory Pugh. “It is another important piece falling into place our effort to bring a new-world vision to private equity to maximizing the growing opportunities in blockchain and DeFi in private equity. It’s gratifying to see it coming together and to now see others enthusiastically validating the vision.”

BridgeTower is bringing a traditional operational business approach to its decentralized finance business by building recurring revenue and EBITDA growth as well as providing funding to growth companies with to create increased valuations. BridgeTower’s current blockchain staking product has grown substantially to more than $60 million assets under delegation within two months of launch. BridgeTower will aggressively add self-hosted Nodes over the coming months. “Algorand’s partnership with BridgeTower is based on our aligned vision to provide access to decentralized assets and products as well as a shared focus to expand opportunities in financial services through advanced blockchain technology,” said David Markley, Business Solutions at Algorand. “We are excited BridgeTower will be leveraging Algorand to allow investors to become shareholders in their tokenized private equity firm and admire their leadership in tokenized security offerings.”

Today, nearly 1 million transactions per day are posted on Algorand’s blockchain. In addition, over 4.5 million assets have been issued on chain and more than 500 companies are currently developing applications on Algorand, taking advantage of the unique layer-1 smart contracts and the other functionalities enriching the platform.

This past month BridgeTower also announced it has formed a Zurich-based entity to further expand its current products and partnerships.

ABOUT BRIDGETOWER CAPITAL – BridgeTower Capital is a global tokenized Private Equity firm with a traditional operational business mentality of building strong revenue and EBITDA growth. BridgeTower shareholders have access to opportunities in decentralized finance (DeFi) built on blockchain technology. In addition, BridgeTower’s private equity investments in early to mid-stage growth companies provides financial, operational, talent acquisition and marketing support. For more information, visit https://www.bridgetowercapital.com/
~~~~~~~~~~~

[Jayke]

The cyber hornets assemble! To have a round table discussion on why they’re mega bullish about Bitcoin. Looks like Michael Saylor, “the Chuck Norris of crypto”, isn’t just gunning for the central banks, he’s also got the military-industrial-complex in his crosshairs.

To paraphrase he says: “the current world economy is run on force. Whatever assets and resources you want from another country, whether it be gold or oil. You can force your way in, shoot everyone and walk out with the goods. But with Bitcoin, if you go in and everyone dies, then you definitely aren’t getting their Bitcoin. Bitcoin forces a fairer need for more tactful diplomacy”

https://mobile.twitter.com/BTCsessions/status/1383106449753006082
rU6A7ao0xqA

[Jayke]

Another interesting Hbar price prediction. This one takes into account the total market cap of the whole cryptocurrency industry should Bitcoin reach $100k or $200k. So should Bitcoin peak at $100k, the $4 Hbar is the most likely high point. But if Bitcoin peaks over $200k, Hbar could peak at $8-$12.

A $10 dollar Hbar was my first major take profit zone, giving a 100x on the initial 9cent investment price. Although I didn’t expect to hit that until the next bull market cycle. Michael Saylor did say in the roundtable chat in the previous post that with financial institutions moving into the space, the volatility of Bitcoin to the upside could be suppressed, but he also said the risk to the downside would be reduced as well.

Data points to be aware of as Bitcoin leads the charge into altcoin season.:neo:

u4PWJRn4Bro

[Mypos]

Another interesting Hbar price prediction. This one takes into account the total market cap of the whole cryptocurrency industry should Bitcoin reach $100k or $200k. So should Bitcoin peak at $100k, the $4 Hbar is the most likely high point. But if Bitcoin peaks over $200k, Hbar could peak at $8-$12.

A $10 dollar Hbar was my first major take profit zone, giving a 100x on the initial 9cent investment price. Although I didn’t expect to hit that until the next bull market cycle. Michael Saylor did say in the roundtable chat in the previous post that with financial institutions moving into the space, the volatility of Bitcoin to the upside could be suppressed, but he also said the risk to the downside would be reduced as well.

Data points to be aware of as Bitcoin leads the charge into altcoin season.:neo:

u4PWJRn4Bro

Very interesting stuff and thx alot for all your updates Jayke. I have been reading up and learning about Cryptos for about a month now and the problem for me is there are so many interesting projects its very hard to decide which one to put some more money into. For now im holding a lot with small bags as to say. For instance:

Pre, Sparta, OGN, Enji, Ripple, Ethereum, Stellar, KIN, Fantom, LTO, Algorand, ADA, AAVE, OCTO, Dogecoin, Hbar and i could go on and on and on.

Hard to decide which one to really go for.