"Bitcoin has been around for a little over a decade, while its biggest competitors ethereum, litecoin, and Ripple's XRP have been knocking around for between seven and four years—but all save bitcoin are already being eclipsed by Facebook's yet-to-launch libra cryptocurrency.
The bitcoin price has surged over recent months as interest surrounding social media giant Facebook's planned libra project reached fever-pitch but has swung wildly as global regulators poured cold water on Facebook's ambitions."
Taken from the article: Facebook's Libra Is Already Ahead Of Ethereum, Litecoin, And Ripple's XRP--But Not Bitcoin
Read it by going to: https://www.forbes.com/sites/billybambrough/2019/07/21/facebooks-libra-is-already-ahead-of-ethereum-litecoin-and-ripples-xrp-but-not-bitcoin/#2f4f157538e1
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Topic: The COINsistent Show - The Crypto Actuallity that /Actually/ Matters! - page 3. (Read 1699 times)
July 22, 2019, 02:01:04 PM
July 22, 2019, 06:32:51 AM
"Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked for $32 million in crypto assets. According to a CoinDesk Japan report on Friday, Bitpoint halted all services including trading, deposit and withdrawal of all crypto assets on Friday morning after it noticed irregular withdrawal from its hot wallet on Thursday. It is not yet clear at this stage which types of assets were lost, the exchange offered trading for five cryptocurrencies: bitcoin, bitcoin cash, ether, litecoin and XRP."
Taken from the article: Bitpoint Exchange Hacked for $32 Million in Cryptocurrency
Read it by going to: https://www.coindesk.com/japanese-exchange-bitpoint-hacked-by-32-million-worth-in-cryptocurrencies
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Taken from the article: Bitpoint Exchange Hacked for $32 Million in Cryptocurrency
Read it by going to: https://www.coindesk.com/japanese-exchange-bitpoint-hacked-by-32-million-worth-in-cryptocurrencies
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July 19, 2019, 12:30:04 PM
"In the blockchain industry, “scalability” can mean a lot of things. In one debate, you may hear about a technology’s lack of scalability in terms of blockchain’s size over time, conflating the ability to on-board new network participants cheaply with the technology’s ability to survive the test of time. In another discussion, you may hear comparisons to legacy technologies like traditional payment processors and the transaction volume they have on certain holidays as a worthy definition of what is required of a scalable technology. "
Taken from the article: Why Is Scalability So Important for Blockchain Solutions?
Read it by going to: https://cointelegraph.com/news/why-is-scalability-so-important-for-blockchain-solutions
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Taken from the article: Why Is Scalability So Important for Blockchain Solutions?
Read it by going to: https://cointelegraph.com/news/why-is-scalability-so-important-for-blockchain-solutions
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July 19, 2019, 04:49:37 AM
"The phase where Libra is supported by 100 or so companies is a necessary stepping stone to a future where many more users and organizations are running the nodes that form the backbone of the network so it can be trusted and scale in ways Bitcoin and Ethereum have failed to, Dante Disparte, head of policy and communications at the Libra Association, said in an interview. With Bitcoin, he said, "the adoption curve hasn’t hit billions of people." In five years, Libra will be "totally permissionless and totally decentralized," he said."
Taken from the article: Crypto Trailblazer Says Facebook’s Libra Threatens to Undo Blockchain Gains
Read it by going to: https://www.bloomberg.com/news/articles/2019-07-11/crypto-trailblazer-says-libra-threatens-to-undo-blockchain-gains?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
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Taken from the article: Crypto Trailblazer Says Facebook’s Libra Threatens to Undo Blockchain Gains
Read it by going to: https://www.bloomberg.com/news/articles/2019-07-11/crypto-trailblazer-says-libra-threatens-to-undo-blockchain-gains?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
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July 18, 2019, 08:34:46 AM
"Perhaps most importantly, Bitcoin and other like-minded cryptocurrencies are extremely volatile. While their well-document price fluctuations can significantly dampen buying processes, it’s even more devastating in places where users are relying on the currency’s store of value to provide for critical goods and services.
At the same time, things like varying transaction fees, somewhat slow settlement times, and a general blasé approach to facilitating commerce make Bitcoin unsuitable as currency, especially in developing countries or for those without access to traditional financial resources."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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At the same time, things like varying transaction fees, somewhat slow settlement times, and a general blasé approach to facilitating commerce make Bitcoin unsuitable as currency, especially in developing countries or for those without access to traditional financial resources."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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July 18, 2019, 01:28:10 AM
"The prevailing belief is that at some point the inherent contractions in Facebook’s blockchain strategy and the Libra project are going to become too much to overcome. Of course, this assumes that the project launches at all, which is not certain given the regulatory scrutiny it faces around the world."
Taken from the article: As Facebook Struggles For Blockchain Support, A Truly Decentralized Challenger Emerges
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/17/as-facebook-struggles-for-blockchain-support-a-truly-decentralized-challenger-emerges/#517d357c19eb
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Taken from the article: As Facebook Struggles For Blockchain Support, A Truly Decentralized Challenger Emerges
Read it by going to: https://www.forbes.com/sites/stevenehrlich/2019/07/17/as-facebook-struggles-for-blockchain-support-a-truly-decentralized-challenger-emerges/#517d357c19eb
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July 17, 2019, 09:15:47 AM
"42% of the world’s poverty is concentrated in Sub-Saharan Africa.
It’s no wonder, then, that Africa hasn’t quite adapted to the current global economic model –one based on credit scores, banks, and fundamentally broken consumerism culture. In a region that also struggles with providing people with fundamental well-being necessities (such as access to basic utilities, health services, and education), banks can’t profit off citizens’ desire for items they don’t need. Capital, therefore, seems to escape Africa."
Taken from the article: Crypto Diamonds: Creating an Appropriate Economic Model for Africa Using Its Most Precious Resources.
Read it by going to: https://www.thecryptoupdates.com/crypto-diamonds-creating-an-appropriate-economic-model-for-africa-using-its-most-precious-resources/
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It’s no wonder, then, that Africa hasn’t quite adapted to the current global economic model –one based on credit scores, banks, and fundamentally broken consumerism culture. In a region that also struggles with providing people with fundamental well-being necessities (such as access to basic utilities, health services, and education), banks can’t profit off citizens’ desire for items they don’t need. Capital, therefore, seems to escape Africa."
Taken from the article: Crypto Diamonds: Creating an Appropriate Economic Model for Africa Using Its Most Precious Resources.
Read it by going to: https://www.thecryptoupdates.com/crypto-diamonds-creating-an-appropriate-economic-model-for-africa-using-its-most-precious-resources/
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July 17, 2019, 06:09:14 AM
"diamDEXX recently announced the integration of Flexepin on its site, a money-to-voucher service that’s widely used in Africa to send and receive payments. Thanks to this integration, African users can use a ready alternative to purchase cryptocurrencies, which they can then use to trade with the whole world, an alternative that fiat, SMS, or even FinTech alternatives couldn’t provide. Having a coin consistently pegged to $1 can help users avoid unwanted price swings, and DIAM’s service aims to offers practically no fees or chargebacks."
Taken from the article: Crypto Diamonds: Creating an Appropriate Economic Model for Africa Using Its Most Precious Resources.
Read it by going to: https://www.thecryptoupdates.com/crypto-diamonds-creating-an-appropriate-economic-model-for-africa-using-its-most-precious-resources/
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Taken from the article: Crypto Diamonds: Creating an Appropriate Economic Model for Africa Using Its Most Precious Resources.
Read it by going to: https://www.thecryptoupdates.com/crypto-diamonds-creating-an-appropriate-economic-model-for-africa-using-its-most-precious-resources/
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July 16, 2019, 04:46:46 AM
"Facebook's proposed new cryptocurrency, Libra—the subject of hearings just now in Washington—is designed like a classic currency from the colonial period of history. Anyone presenting a unit of specified foreign exchange will get a proportional unit of Libra. For example, one dollar might get one Libra, one euro 1.1 Libras, 66 Indian rupees one Libra, and so on, based on the price Libra advertises in various global currencies. In the archetypical monetary arrangement of the colonial period, in the hundred years prior to the second World War, colonial currencies were available at a set rate to anyone presenting the British pound sterling."
Taken from the article: Facebook's Libra Could Use A Little Colonialism
Read it by going to: https://www.forbes.com/sites/briandomitrovic/2019/07/15/facebooks-libra-could-use-a-little-colonialism/#39dabb236091
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Taken from the article: Facebook's Libra Could Use A Little Colonialism
Read it by going to: https://www.forbes.com/sites/briandomitrovic/2019/07/15/facebooks-libra-could-use-a-little-colonialism/#39dabb236091
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July 16, 2019, 12:29:19 AM
"Coupled with blockchain technology, national cryptocurrencies could increase transparency around government spending and make it difficult for dark money to infiltrate political campaign financing, illegal drug trade, and criminal activity. A cryptocurrency-based monetary shift would also be aligned with the exponential growth of technology and the cultural impetus to digitize as many facets of day-to-day life as possible. It’s not hard to imagine a day in the near future when people move through the world without carrying wallets or even mobile phones – at least not in their current iteration. I’m optimistic that cryptocurrency would naturally fall into that space."
Taken from the article: Why Cryptocurrency -- Not Interest Rates -- May Have The Biggest Impact On Inflation
Read it by going to: https://www.forbes.com/sites/forbesfinancecouncil/2019/07/11/why-cryptocurrency-not-interest-rates-may-have-the-biggest-impact-on-inflation/#2e8dac0f7296
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Taken from the article: Why Cryptocurrency -- Not Interest Rates -- May Have The Biggest Impact On Inflation
Read it by going to: https://www.forbes.com/sites/forbesfinancecouncil/2019/07/11/why-cryptocurrency-not-interest-rates-may-have-the-biggest-impact-on-inflation/#2e8dac0f7296
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July 15, 2019, 11:04:15 AM
"However, past this initial inflation, cryptocurrency offers an opportunity to stabilize the global economy because, much like gold, there is a finite amount of it to be mined. Furthermore, it’s the first investment that anyone in the world can purchase at any time, as long as they have access to the internet. For example, if you’re living in Argentina, you can’t just buy U.S. dollars whenever you want. You need a broker. And while the New York Stock Exchange closes, cryptocurrency never does. It’s a 24/7 investment."
Taken from the article: Why Cryptocurrency -- Not Interest Rates -- May Have The Biggest Impact On Inflation
Read it by going to: https://www.forbes.com/sites/forbesfinancecouncil/2019/07/11/why-cryptocurrency-not-interest-rates-may-have-the-biggest-impact-on-inflation/#2e8dac0f7296
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Taken from the article: Why Cryptocurrency -- Not Interest Rates -- May Have The Biggest Impact On Inflation
Read it by going to: https://www.forbes.com/sites/forbesfinancecouncil/2019/07/11/why-cryptocurrency-not-interest-rates-may-have-the-biggest-impact-on-inflation/#2e8dac0f7296
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July 15, 2019, 12:45:22 AM
"Now the criticism is coming from a leader in the computer science world that’s fiercely protective of the structural independence created by Bitcoin in 2009 and Ethereum in 2015. A key aspect of distributed computing systems that make up a blockchain is the inability of any one party to censor transactions or control who can and can’t be a part of the network. No person or corporation owns the underlying systems, similar to how the internet is free for anyone to use. Facebook threatens these blockchain tenets with Libra, said Mihai Alisie, a co-founder of Ethereum."
Taken from the article: Crypto Trailblazer Says Facebook’s Libra Threatens to Undo Blockchain Gains
Read it by going to: https://www.bloomberg.com/news/articles/2019-07-11/crypto-trailblazer-says-libra-threatens-to-undo-blockchain-gains?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
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Taken from the article: Crypto Trailblazer Says Facebook’s Libra Threatens to Undo Blockchain Gains
Read it by going to: https://www.bloomberg.com/news/articles/2019-07-11/crypto-trailblazer-says-libra-threatens-to-undo-blockchain-gains?utm_medium=social&utm_source=twitter&utm_content=crypto&utm_campaign=socialflow-organic
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July 12, 2019, 07:22:55 AM
"The market for STOs is now emerging. During August 2018, an online retailer and early cryptocurrency adopter, Overstock.com, raised $134 million in an initial coin offering (ICO) for its security token exchange called tZero. The exchange was opened for trading during January of this year, with tZero’s proprietary token comprising the sole crypto asset available for trade at launch. TZero launched just weeks after SharesPost, a regulated alternative trading system and registered broker-dealer that facilitated the first-ever secondary trade of a security token in the form of Blockchain Capital’s BCAP tokens."
Taken from the article: 10 Things to Track With Blockchain
Read it by going to: https://cointelegraph.com/news/top-10-industries-being-transformed-by-blockchain
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Taken from the article: 10 Things to Track With Blockchain
Read it by going to: https://cointelegraph.com/news/top-10-industries-being-transformed-by-blockchain
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July 12, 2019, 12:29:43 AM
"The top crypto exchange by trading volume, Binance, has launched version 2.0 of its platform – a move that officially adds margin trading for its customers.
The firm revealed that margin trading was on the way in late May, and said that the service would feature up to 20x leverage soon after.
In an announcement Thursday, Binance indicated that leverage (the amount that can be borrowed against a user’s crypto collateral) is just 3x, however."
Taken from the article: Binance Launches Platform ‘2.0’ as Margin Trading Goes Live
Read it by going to: https://www.coindesk.com/binance-launches-platform-2-0-as-margin-trading-goes-live?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20
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The firm revealed that margin trading was on the way in late May, and said that the service would feature up to 20x leverage soon after.
In an announcement Thursday, Binance indicated that leverage (the amount that can be borrowed against a user’s crypto collateral) is just 3x, however."
Taken from the article: Binance Launches Platform ‘2.0’ as Margin Trading Goes Live
Read it by going to: https://www.coindesk.com/binance-launches-platform-2-0-as-margin-trading-goes-live?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20
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July 11, 2019, 02:09:32 PM
"While diamonds are often associated exclusively with the jewel trade, it is important to note that the commodity has a number of other real-world use cases - especially in the industrial sectors. As such, Bain & Company has said that the demand for diamonds will surpass its supply by the end of 2020, further highlighting its characteristics as a store of value."
Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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Taken from the article: Can Stablecoins Provide Africa With a Gateway to Economic Stability?
Read it by going to: https://www.equities.com/news/can-stablecoins-provide-africa-with-a-gateway-to-economic-stability
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July 11, 2019, 09:35:14 AM
"Citizens based in third-world countries that are looking to avoid the domestic threats of hyper-inflated currencies should consider the merits of Bitcoin. It’s characteristics as a finite, borderless store of value makes it an ideal safeguard. Alternatively, there are now a number of legitimate stablecoin projects that are fully backed by real-world stores of value. For example, diamDEXX is backed 100% by physical diamonds that are frequently audited by established third parties. The options for third-world citizens are effectively endless, with stablecoins even having the potential to be backed by real estate portfolios."
Taken from the article: Will Facebook Coin Actually Be Able To Bank The Unbanked?
Read it by going to: https://cryptodaily.co.uk/2019/06/will-facebook-coin-actually-be-able-to-bank-the-unbanked
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Taken from the article: Will Facebook Coin Actually Be Able To Bank The Unbanked?
Read it by going to: https://cryptodaily.co.uk/2019/06/will-facebook-coin-actually-be-able-to-bank-the-unbanked
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July 10, 2019, 12:42:02 PM
"It’s still to be revealed whether or not there will be any incentives or other alluring features for users. It’s also proving to be extremely controversial. This was to be expected in the crypto community, but even beyond, US government representatives are expressing caution. Given Facebook’s tendency to openly share information with anyone who wants to see it, it’s almost inevitable that the regulators will intervene. Perhaps Libra will become the world’s biggest cryptocurrency. Or maybe it will be dead in the water even before it even starts swimming"
Taken from the article: Top 5 Stablecoins to Look Out For
Read it by going to: https://coingape.com/top-5-stablecoins-look/
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Taken from the article: Top 5 Stablecoins to Look Out For
Read it by going to: https://coingape.com/top-5-stablecoins-look/
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July 10, 2019, 08:37:04 AM
"On another impressive performance of the crypto world's most fierce competitors, we have Litecoin that recently reached an $8.3 billion dollar market cap. The crypto market's lucky number 7 is preparing for a halvening this year, which is expected to skyrocket its price. A halvening is something to be taken seriously, since every time, Bitcoin, has been halved it has helped the coin, reach a new all-time-high."
To watch the full video, Go to: https://www.youtube.com/watch?v=OkS0_LPUW4c 👈🌐
To watch the full video, Go to: https://www.youtube.com/watch?v=OkS0_LPUW4c 👈🌐
July 09, 2019, 01:07:22 PM
"Of course, Libra isn’t carving out its own niche in the crypto space. The stablecoin market already features several players that are creating unique takes on the stablecoin initaitve, all in an effort to bolster the usability of digital currencies around the world.
For example, diamDEXX, a stablecoin that supports truly valuable digital money, aligns its token price with U.S. dollars, and it backs those finances with diamonds. Offering both a stablecoin and a wallet service, diamDEXX acts as a store of value and a medium of exchange for unbanked mobile users around the world, Africa especially."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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For example, diamDEXX, a stablecoin that supports truly valuable digital money, aligns its token price with U.S. dollars, and it backs those finances with diamonds. Offering both a stablecoin and a wallet service, diamDEXX acts as a store of value and a medium of exchange for unbanked mobile users around the world, Africa especially."
Taken from the article: Facebook’s Libra Highlights Crypto’s Most Compelling Use Case
Read it by going to: https://beincrypto.com/facebooks-libra-highlights-cryptos-most-compelling-use-case/
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July 09, 2019, 08:38:20 AM
"To start with the most impressive coin of the bear market and of the last year in general, Binance has managed to build up some impressive fundamentals, Launching margin trading, Announcing a coin burn, Advancing their decentralized community coin, Preparing their futures platform with up to 20x leverage. It seems like Binance is a monster out and about, ready to eat up all of the other exchanges."
To watch the full video, Go to: https://www.youtube.com/watch?v=OkS0_LPUW4c 👈🌐
To watch the full video, Go to: https://www.youtube.com/watch?v=OkS0_LPUW4c 👈🌐
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