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Re: A project to help make Ethereum the number one cryptocurrency.
Investors or lenders don't fear the volatility. What they fear most is the security of the platform where they have invested their money.
Someone who invests in defi or lending platform understands the volatility of cryptocurrencies as from the beginning it has always been. But whether there will be a help or none from any other projects, Ethereum won't surpass bitcoin.
It will remain as the number one crypto.
Bitcoin will remain digital gold, and Ethereum is the digital oil that fuels the development of new decentralized financial technologies, and time will tell who will be more valuable in the future.Someone who invests in defi or lending platform understands the volatility of cryptocurrencies as from the beginning it has always been. But whether there will be a help or none from any other projects, Ethereum won't surpass bitcoin.
It will remain as the number one crypto.
It’s not that attractive scheme though. If you love stable coin so much and think about it as investment opportunity for example, lending, give aways, easy to transact etc then why not choose Fiat itself? It makes no such sense except the fact they are in crypto space. Personally I never liked the idea of stable coin to make income out of it. One way or other it’s just safe house for you when other crypto currency’s are falling apart during apocalyptic events. Lolz
But, won’t comment on other who states that it’s way of passive income. It’s good in theory but in practical approach it’s waste of time.
But, won’t comment on other who states that it’s way of passive income. It’s good in theory but in practical approach it’s waste of time.
The only difference from Fiat is the possibility of cross-border transfers bypassing banks
I guess governments may indeed shift to the use of CBDCs, so that's roughly the equivalent of stable coins. They'd be unlike the existing stable coins because they're not backed by fiat currencies; they're the fiat currencies themselves.
However, if this happens it is impossible that governments will issue their digital coins on a platform they do not own themselves. I don't think governments will make use as their official currencies coins which are built on Ethereum and other private or, if there are any, decentralized and independent blockchains.
So I still don't know how you would possibly earn from hodling stable coins.
Governments certainly do not need private and commercial stablecoins, so they will not use them in their activities. They will issue their own digitized central bank currencies and in some cases will use the same digitized currencies of other countries. Using existing non-government stablecoins increases their risk, so they will not risk it.However, if this happens it is impossible that governments will issue their digital coins on a platform they do not own themselves. I don't think governments will make use as their official currencies coins which are built on Ethereum and other private or, if there are any, decentralized and independent blockchains.
So I still don't know how you would possibly earn from hodling stable coins.
They can put regulations on USDT
So the government will collect and mint stable coins like USDT USDC amd Other currencies like eur and gbp use it ethereum platform.
Next they will lend out the stable coins
And if we Buy Now or hold stable coins we will make good roi as we could lend out our stable coins too
I see this is coming ill hodle hard USDC.
I have already seen such a bank projectNext they will lend out the stable coins
And if we Buy Now or hold stable coins we will make good roi as we could lend out our stable coins too
I see this is coming ill hodle hard USDC.
Quote
So anyone could be the banker and lend others the stable coins who dont have them as world will go full in stable currencies
https://bitcointalk.org/index.php?topic=5264440.msg55567675#msg55567675
Re: A project to help make Ethereum the number one cryptocurrency.
"I Do Believe Ethereum Will Flip Bitcoin in the Next Four Years:” Balancer's Fernando Martinelli
https://thedefiant.substack.com/p/i-do-believe-ethereum-will-flip-bitcoin-042?token=eyJ1c2VyX2lkIjo3OTc2MTA3LCJwb3N0X2lkIjoxODk0NzA5NiwiXyI6Imo2QmloIiwiaWF0IjoxNjA1NTU3MTE1LCJleHAiOjE2MDU1NjA3MTUsImlzcyI6InB1Yi0xMTI1OSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.GVAwxPwkuaHEICO_QTl-ud0N_KoVQTwkH-38TbKhLS0
https://thedefiant.substack.com/p/i-do-believe-ethereum-will-flip-bitcoin-042?token=eyJ1c2VyX2lkIjo3OTc2MTA3LCJwb3N0X2lkIjoxODk0NzA5NiwiXyI6Imo2QmloIiwiaWF0IjoxNjA1NTU3MTE1LCJleHAiOjE2MDU1NjA3MTUsImlzcyI6InB1Yi0xMTI1OSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.GVAwxPwkuaHEICO_QTl-ud0N_KoVQTwkH-38TbKhLS0
Re: ETHEREUM-WORLD it may be (a new single world currency, codenamed Phoenix)
"I Do Believe Ethereum Will Flip Bitcoin in the Next Four Years:” Balancer's Fernando Martinelli
https://thedefiant.substack.com/p/i-do-believe-ethereum-will-flip-bitcoin-042?token=eyJ1c2VyX2lkIjo3OTc2MTA3LCJwb3N0X2lkIjoxODk0NzA5NiwiXyI6Imo2QmloIiwiaWF0IjoxNjA1NTU3MTE1LCJleHAiOjE2MDU1NjA3MTUsImlzcyI6InB1Yi0xMTI1OSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.GVAwxPwkuaHEICO_QTl-ud0N_KoVQTwkH-38TbKhLS0
https://thedefiant.substack.com/p/i-do-believe-ethereum-will-flip-bitcoin-042?token=eyJ1c2VyX2lkIjo3OTc2MTA3LCJwb3N0X2lkIjoxODk0NzA5NiwiXyI6Imo2QmloIiwiaWF0IjoxNjA1NTU3MTE1LCJleHAiOjE2MDU1NjA3MTUsImlzcyI6InB1Yi0xMTI1OSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.GVAwxPwkuaHEICO_QTl-ud0N_KoVQTwkH-38TbKhLS0
I'm seeing banks as not completely dying once bitcoin gains traction over mainstream media but wiuld take measures to integrate themselves to the new world. Like what the OP stated, they can set a buy crypto with us now, pay it later scheme to help investors jumpstart or boost their portfolios while still keeping their commerce alive. They wouldn't be easy to go down especially if we consider the fact that most banks have been here before our grandmas were born. Not that it's a good thing, but not a bad thing either. So unless we create or discover a complete replacement for banks, this is what I assume will be the case for the years to come.
I agree with you banks will switch to lending cryptocurrency one of the options is shownhttps://bitcointalk.org/index.php?topic=5267705.msg54966182#msg54966182
The proposed project has a solution for lending cryptocurrencies backed by smart contract tokens without fear of losing financial assets in the event of negative market volatility.
This is Satoshi Nakamoto's dream. He wanted to give each person their own bank in hand.
He wanted to save people from the problems of trusting third parties. And most certainly, he did not want your assets to be seized by the decision of state authorities or that you would have tax liabilities in case the price of the asset increased. The assets were seized by the decision of government authorities or so that you have tax liabilities in the event that the price of the asset increases.
Imagine a Bank that has no management and administration. All these functions are performed by the smart contract program. Anyone who wants to connect to the bank becomes its co-owner. You can place your financial assets as authorized capital in the form of a deposit on your bank account. The bank guarantees the preservation of financial assets by issuing you an equivalent value (smart contract tokens). The bank accumulates financial assets of all co-owners and accrues income for the placement of funds. You can earn by helping others to become co-owners of this bank by providing an opportunity to connect to the bank. You can always get your asset back at any time by returning its guarantees (smart contract tokens) to the bank.
The peculiarity of bank guarantees is that they cannot be depreciated under any circumstances. The smart contract program provides for an increase in the value of tokens depending on the amount (authorized capital) of the bank's deposit. The higher the deposit, the higher the cost of the token.
http://prosh.ru/smartcontract.html
Something here is not quite clear to me? If I am a co-owner, then I can manage not only my own assets, but also the assets of the bank itself, and thus influence the financial policy of the bank, right?He wanted to save people from the problems of trusting third parties. And most certainly, he did not want your assets to be seized by the decision of state authorities or that you would have tax liabilities in case the price of the asset increased. The assets were seized by the decision of government authorities or so that you have tax liabilities in the event that the price of the asset increases.
Imagine a Bank that has no management and administration. All these functions are performed by the smart contract program. Anyone who wants to connect to the bank becomes its co-owner. You can place your financial assets as authorized capital in the form of a deposit on your bank account. The bank guarantees the preservation of financial assets by issuing you an equivalent value (smart contract tokens). The bank accumulates financial assets of all co-owners and accrues income for the placement of funds. You can earn by helping others to become co-owners of this bank by providing an opportunity to connect to the bank. You can always get your asset back at any time by returning its guarantees (smart contract tokens) to the bank.
The peculiarity of bank guarantees is that they cannot be depreciated under any circumstances. The smart contract program provides for an increase in the value of tokens depending on the amount (authorized capital) of the bank's deposit. The higher the deposit, the higher the cost of the token.
http://prosh.ru/smartcontract.html
Of course everybody wants it but is it really possible to produce a coin or token with no dumping nature. I will say no and if you say can then you are going to be a scammer at the end.
Yes, you can produce a coin without dumping this is shown in the project, try to refute it if you can https://bitcointalk.org/index.php?topic=5267705.0
What you are looking for is impossible, every coins and tokens in crypto space are highly volatility except stable coins only, a coin that's not volatiles and not a stable coin? Doesn't make any sense to me, sorry
In our time, nothing is impossible. Why did you decide that stablecoins have an exception, if tomorrow the judicial authorities will impose a ban on the circulation of stablecoins, what will happen to its rate is clear to everyone, only decentralized coins will survive, the project just shows this. Read and see and if you are able to refute it I will be grateful to you, so far no one has been able to do this.Name at least one fully decentralized stablecoin not managed by anyone
If I want to convert back your much more profitable and useful money for the user, will I get back what I had and some of the new money will remain with me?
It is impossible to return everything that has already been burned down. Mining doesn't work the other way around. You cannot convert bitcoins and ethereum back into electricity. So the same situation is in our project, it is impossible to return those bitcoins and ethereum that you burned when mining EurBit tokens. But if you suddenly want to change your EurBits for bitcoins or ethereum, then you can do it on external cryptocurrency exchanges. They are created for this, so that people change their cryptocurrencies.Tell me more specifically who personally decides which internal course in numbers and on the basis of what you are not taking them from the ceiling or you decide it at a general meeting
MAX (BTC) is the mathematical and statistical function that depends on fluctuations in the bitcoin rate and it gives out the maximum value of these fluctuations for the required period of time. It is not counted by any specific people. It is counted by a computer automatically on the specialized sites that review cryptocurrency rates. For example, on such sites as: https://coinmarketcap.com or https://www.coingecko.com So we take these numbers in automatic mode from there. Not a single person from the EurBit team counts these numbers, does not approve and has nothing to do with them at all.Sorry for my stupidity, I just can't understand if I burned 1 dollar and got candy wrappers worth 2 dollars, then where did the second one come from?
Tell me more specifically who personally decides which internal course in numbers and on the basis of what you are not taking them from the ceiling or you decide it at a general meeting
MAX (BTC) is the mathematical and statistical function that depends on fluctuations in the bitcoin rate and it gives out the maximum value of these fluctuations for the required period of time. It is not counted by any specific people. It is counted by a computer automatically on the specialized sites that review cryptocurrency rates. For example, on such sites as: https://coinmarketcap.com or https://www.coingecko.com So we take these numbers in automatic mode from there. Not a single person from the EurBit team counts these numbers, does not approve and has nothing to do with them at all.Sorry for my stupidity, I just can't understand if I burned 1 dollar and got candy wrappers worth 2 dollars, then where did the second one come from?
If I want to convert back your much more profitable and useful money for the user, will I get back what I had and some of the new money will remain with me?
It is impossible to return everything that has already been burned down. Mining doesn't work the other way around. You cannot convert bitcoins and ethereum back into electricity. So the same situation is in our project, it is impossible to return those bitcoins and ethereum that you burned when mining EurBit tokens. But if you suddenly want to change your EurBits for bitcoins or ethereum, then you can do it on external cryptocurrency exchanges. They are created for this, so that people change their cryptocurrencies.Tell me more specifically who personally decides which internal course in numbers and on the basis of what you are not taking them from the ceiling or you decide it at a general meeting
MAX (BTC) is the mathematical and statistical function that depends on fluctuations in the bitcoin rate and it gives out the maximum value of these fluctuations for the required period of time. It is not counted by any specific people. It is counted by a computer automatically on the specialized sites that review cryptocurrency rates. For example, on such sites as: https://coinmarketcap.com or https://www.coingecko.com So we take these numbers in automatic mode from there. Not a single person from the EurBit team counts these numbers, does not approve and has nothing to do with them at all.I have a simple question who will manage the work of your axiom, who is the main one who decides what is good for your project and what is bad, whom to connect and who not, and what kind of wrapper is your miracle token who monitors its liquidity.
MinersThe description of your project says that if people want to use your tokens,
All projects that are part of the EurBit ecosystem are required to sell, buy, accept payments for goods and services or otherwise use our tokens only at the internal non-volatile rate. Thus, the mining (emission) of our tokens will also be carried out at the internal rate, but miners will receive additional 5% of the tokens from the joining projects as a gift. Additional advantages of obtaining EurBit tokens through mining are complete anonymity, the absence of commissions and the opportunity to participate in the development of the ecosystem by choosing a joining project. Quote
they must burn their hard
-earned banknotes and for this they will receive an eternal new banknote, do I understand you correctly?After some time from the start of the project and the start of mining, there will be available two more ways to become the happy owners of our tokens.
The second way to get EurBit tokens is to buy them on the internal ecosystem exchanger called the EurBit Exchange (localeurbit.com). This is a p2p service with the help of which you can anonymously, safely, without commissions and with a free escrow agent exchange (buy / sell) EurBit tokens for fiat currencies from all over the world at the ecosystem’s internal rate.
The third way to get EurBit tokens is to buy them on the external cryptocurrency exchanges. This can be done at a volatile external rate, with transaction fees and with commissions for depositing and withdrawing money from the exchange. Most often, it can be done only through KYC and AML procedures, which means that users will lose their anonymity, will not receive a 5% bonus, and they will not be able to participate in the development of the ecosystem.
Each potential user of the EurBit ecosystem and its tokens has the right to choose any of these three methods of obtaining tokens, which he considers the most convenient and profitable for himself
The description of your project says that if people want to use your tokens, they must burn their hard-earned banknotes and for this they will receive an eternal new banknote, do I understand you correctly?
All projects that are part of the EurBit ecosystem are required to sell, buy, accept payments for goods and services or otherwise use our tokens only at the internal non-volatile rate. Thus, the mining (emission) of our tokens will also be carried out at the internal rate, but miners will receive additional 5% of the tokens from the joining projects as a gift. Additional advantages of obtaining EurBit tokens through mining are complete anonymity, the absence of commissions and the opportunity to participate in the development of the ecosystem by choosing a joining project. After some time from the start of the project and the start of mining, there will be available two more ways to become the happy owners of our tokens.
The second way to get EurBit tokens is to buy them on the internal ecosystem exchanger called the EurBit Exchange (localeurbit.com). This is a p2p service with the help of which you can anonymously, safely, without commissions and with a free escrow agent exchange (buy / sell) EurBit tokens for fiat currencies from all over the world at the ecosystem’s internal rate.
The third way to get EurBit tokens is to buy them on the external cryptocurrency exchanges. This can be done at a volatile external rate, with transaction fees and with commissions for depositing and withdrawing money from the exchange. Most often, it can be done only through KYC and AML procedures, which means that users will lose their anonymity, will not receive a 5% bonus, and they will not be able to participate in the development of the ecosystem.
Each potential user of the EurBit ecosystem and its tokens has the right to choose any of these three methods of obtaining tokens, which he considers the most convenient and profitable for himself
I have a simple question who will manage the work of your axiom, who is the main one who decides what is good for your project and what is bad, whom to connect and who not, and what kind of wrapper is your miracle token who monitors its liquidity.
Miners