Topic: Would you like to become a co-owner of a world bank? - page 3. (Read 1268 times)
Of course it is a good offer to become a co-owner of a world bank, as we know that the position of co-owner of a world bank is the dream of many people and I hope to become a co-owner of a world bank, of course it takes experience and access. tough to become a co-owner of a world bank, and in life I have to be realistic to live life.
It might be fair to say governments of the world hold monopolies over fiat currency. Which could be improved by introducing free market competition to the equation. The venezuelan bolivar and zimbabwe dollar could be better managed, and appreciate in value. If there were competing currencies incentivizing regulators to do a better job.
Theoretically there are competing currencies, as there are different countries with different currencies. Peopple could just move to a better country, or a country where politicians do what they would like. "Vote with your feet".But the costs of moving to another country are so high that people often do not move just because the government is doing a terrible job.
When people really that the government is really fucking up it is usually too late. For example, Venezuelans cannot move now, because their economies are worthless, as their currency is no longer accepted anywhere due to inflation.
11. Anyone can freely open their deposit and become a co-owner by connecting their Ethereum wallet address to a smart contract (cryptobank). Your ETH always remains blocked at your address in the smart contract and can be unblocked at any time. You can also transfer your asset (ETH) to any other holder of the bank cell (smart contract). The bank will issue you its guarantees in the form of tokens, ETH-WORLD equivalent to the value of the deposited assets of the deposit. In this case, you do not have a deposit burdening ETH, and you have the right to do with it at your discretion.
I wonder who blocks and unblock the coin, and what condition does the account owner have to meet before his/her coin is unblocked...
I prefer a setup where the account owner has complete control over his/her fund, even when the account is attached to the bank/smart-contract. The smart contract could only be executing pre-programmed contract, like paying of interest into the account, deduction of fee from the account, etc at certain times after tasks have been performed.
Good question. Etherium is blocked in your cell (account) in the smart contract, this is the address of your wallet. In order for etherium to become available to you, an appropriate number of contract tokens from any other address must be sent to this address. By unlocking ETH in a smart contract, the bond tokens are extinguished and burned, while an identical clone of the new smart contract is formed with the address of the next co-owner of the crypto bank. Deposits of all clones of individual smart contracts are summed up and taken into account in the generation of the total issue of tokens–bonds.
Central banks are usually owned by the country they operate in. If the would start selling shares to the public and try to become a public company, that would be nice. Personally I would definitely invest in a central bank. Their funding comes from the government and their loans to commercial banks are usually backed by the government as well. It's a pretty solid business model with a lot of government guarantees. A great way to make money for the owners.
A decentralized Bank cannot belong to any country, it can belong only to its co-owners and is managed by all owners. The platform allows all ETHEREUM holders, when connected to it, not only to save their assets, but also to multiply them. 
everyone wants the assets he has to be patented without any government intervention and this we get bitcoin every planning and rules how we use it because the desatralization system is our own private bank and this will always run if in my country it doesn't prohibit bitcoin and another
Bitcoin has given me the right to manage the bank in my own hands without the need for a central authority, so we have it now.
Satoshi's idea to decentralize the financial system has so far been very successful and we have enjoyed it immensely for over a decade. I personally can't afford to be a physical bank owner, but with bitcoin I think things can be managed well.
Satoshi's idea to decentralize the financial system has so far been very successful and we have enjoyed it immensely for over a decade. I personally can't afford to be a physical bank owner, but with bitcoin I think things can be managed well.
What Satoshi wanted was not for us to co-own a bank or a world bank. Satoshi wanted each one of us to be our own independent banks. That means there are no more banks which are operating on behalf of someone else's fund or money. The banks that we know of today are managing people's funds, keeping them, making money out of them, and sometimes withholding them from the owners themselves as if they have the authority to give them back or not.
I don't like to become a co-owner of any bank. I just want to be my own bank.
I don't like to become a co-owner of any bank. I just want to be my own bank.
You got the idea right, in his pursuit for this, he developed a peer to peer means for transactions in which we all enjoy now, lower transaction charges and no crossboarder yoke of in terms of delay and cost of transaction made, no KYC, maximum security and privacy guaranteed, we can be rest assured if 0.9 btc is in ones account, such amount remains uncompromised in your address for as long as you wish. What better definition of freedom could be other than this.
I get what you’re trying to say but the way you have put it makes it to be misunderstood. There is nothing like being a co-owner here. Everyone is on their own, and there is not even someone that can be said to be the owner, not to talk of having co-owners, even Satoshi himself is not the owner, he’s simply the founder of the platform.
I was also thinking something like this. Community don't own it by its driven by community. I think that was the real purpose of creating bitcoin. Creating democracy in our financial system not the rule of a single authority. No authority can force or ask you to do something with your wealth. You have total control which makes you a bank of your own money.
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
OP is right, in a world where bank exist, you don't fully own your money. A good example is that some of the Russians, their accounts are freeze in the worst case, seized. Now if you have a private key, and your money is on BTC, truly you are the one who manages it, because no banks would ever be able to freeze and seize it, the decision is only to you yourself.
the motto of Bitcoin since it was first released by satoshi is "be your own bank", the purpose of Bitcoin is so that humans can be separated from the third party that has been gnawing that is bank. thank you satoshi for the bitcoin you created.
Honestly, I don't understand what you mean?
Why just co owner, the Satoshi Nakamoto seems to have given us opportunity to become owner of your bank. The co owner stuff does not even exist in the Satoshi dictionary and it is also proven all the way through a decade of time now. I think we should break to the discussion that you can be your own bank or co owner of the bank because we are already one when we bought the very first crypto currency using the Fiat. So let’s just consider that I can freely trade this coin, sell it, buy more, send any amount and receive any amount. I think that’s end of all. What else do we need to control anyways?
True, you can freely trade your cryptocurrency, but if you have a guarantee that tomorrow your asset will not turn into zero if the main holders of the asset decide to fix their profits.I get what you’re trying to say but the way you have put it makes it to be misunderstood. There is nothing like being a co-owner here. Everyone is on their own, and there is not even someone that can be said to be the owner, not to talk of having co-owners, even Satoshi himself is not the owner, he’s simply the founder of the platform.
Here the only thing that you’re controlling is your wealth, and the good part of it is that no other person controls it for you, the whole power is in your hands to do with your wealth however it pleases you to do with it. No one is going to query for any decision that you decides to make here. Unlike the bank where everything is being monitored and once they notice any activities that seems suspicious to them, they can decide to your lock your account. Bitcoin is just total freedom, no form of control.
That's right, you are one of the few who understood the essence of the project, where each individually managing his asset has a positive effect on the total income of all co-owners of the crypto bank, and no one can reduce or devalue this income.Here the only thing that you’re controlling is your wealth, and the good part of it is that no other person controls it for you, the whole power is in your hands to do with your wealth however it pleases you to do with it. No one is going to query for any decision that you decides to make here. Unlike the bank where everything is being monitored and once they notice any activities that seems suspicious to them, they can decide to your lock your account. Bitcoin is just total freedom, no form of control.
http://prosh.info/smart_eng.html
anyone wants to be in that position because both being a co-owner and making a profit become a person that many people know, if I could wish for something I would also like to be one of the co-owners. Having a big central bank, and not only having your own financial freedom, is great, isn't it?
Ofcourse, who doesn't want to be in that position, to be a co-owner of the biggest and secured building in your country. Well, it turns out that it's so easy to wish but we don't really know what's the burden being in that very position and the stress you have to go through just make the country's economy run. And also we can be in that position if we wanted to, but the real question is, do we have what it takes to sit in that position? I mean the background and knowledge.But now, because of Satoshi Nakamoto, we can be the owner of our own bank because we have our own wallets that serve as our own private bank.
I get what you’re trying to say but the way you have put it makes it to be misunderstood. There is nothing like being a co-owner here. Everyone is on their own, and there is not even someone that can be said to be the owner, not to talk of having co-owners, even Satoshi himself is not the owner, he’s simply the founder of the platform.
Here the only thing that you’re controlling is your wealth, and the good part of it is that no other person controls it for you, the whole power is in your hands to do with your wealth however it pleases you to do with it. No one is going to query for any decision that you decides to make here. Unlike the bank where everything is being monitored and once they notice any activities that seems suspicious to them, they can decide to your lock your account. Bitcoin is just total freedom, no form of control.
Here the only thing that you’re controlling is your wealth, and the good part of it is that no other person controls it for you, the whole power is in your hands to do with your wealth however it pleases you to do with it. No one is going to query for any decision that you decides to make here. Unlike the bank where everything is being monitored and once they notice any activities that seems suspicious to them, they can decide to your lock your account. Bitcoin is just total freedom, no form of control.
Being a business visionary or independently employed isn't for everyone.It requires significantly more exertion and difficult work.
A large portion of individuals basically aren't destined to be business people.
I agree with you on this, but here's the question, no matter how far-sighted and hardworking you are, you are not able to influence the existing financial system based on the principle of earning income at the expense of losing others, in my project everyone gets their income from investing, and the more everyone individually increases their fortune, the more profitable it becomes for everyone, although not everyone can understand this. A large portion of individuals basically aren't destined to be business people.
Why just co owner, the Satoshi Nakamoto seems to have given us opportunity to become owner of your bank. The co owner stuff does not even exist in the Satoshi dictionary and it is also proven all the way through a decade of time now. I think we should break to the discussion that you can be your own bank or co owner of the bank because we are already one when we bought the very first crypto currency using the Fiat. So let’s just consider that I can freely trade this coin, sell it, buy more, send any amount and receive any amount. I think that’s end of all. What else do we need to control anyways?
True, you can freely trade your cryptocurrency, but if you have a guarantee that tomorrow your asset will not turn into zero if the main holders of the asset decide to fix their profits.
Why just co owner, the Satoshi Nakamoto seems to have given us opportunity to become owner of your bank. The co owner stuff does not even exist in the Satoshi dictionary and it is also proven all the way through a decade of time now. I think we should break to the discussion that you can be your own bank or co owner of the bank because we are already one when we bought the very first crypto currency using the Fiat. So let’s just consider that I can freely trade this coin, sell it, buy more, send any amount and receive any amount. I think that’s end of all. What else do we need to control anyways?
if I am one of the rich people and one of the owners of big banks in the world and I hold the whole government as well as bitcoin is in me and I have big holdings of Bitcoin in short I am one of the rich people who hold now of bitcoin in fact I will not miss it I will do everything decentralized crypto and I will accept any crypto so that bitcoin currencies can easily enter and it will not be difficult to do whatever you want with a bitcoin crypto ..
Even if I am not alone and we are not the richest but ordinary people in a decentralized crypto economy, we can become co-owners of a global crypto bank, which is absolutely impossible in a centralized Fiat economy.http://prosh.info/smart_eng.html
I am a co-owner of many banks already. Firstly of many commercial banks due to index investing - I do not even know which banks I own bits of at this moment! And, as a fiscal resident of a certain jurisdiction I do have a stake in all international organizations in which this country participates, thus, you can argue that I have some degree of control.
Now, if you think this argument is silly, so it is owning a part of a World Bank when you do not actually have significant assets, which, for this case, would only make sense if they are in the billions. Else, you have a stake on something that some else manages for his own benefit.
Now, if you think this argument is silly, so it is owning a part of a World Bank when you do not actually have significant assets, which, for this case, would only make sense if they are in the billions. Else, you have a stake on something that some else manages for his own benefit.
if I am one of the rich people and one of the owners of big banks in the world and I hold the whole government as well as bitcoin is in me and I have big holdings of Bitcoin in short I am one of the rich people who hold now of bitcoin in fact I will not miss it I will do everything decentralized crypto and I will accept any crypto so that bitcoin currencies can easily enter and it will not be difficult to do whatever you want with a bitcoin crypto ..
Anyone who wants to connect to the bank becomes its co-owner.
This is not sounding more appropriate in general or at least for me. Because we are just participating in bitcoin ecosystem and it got nothing to do becoming one of the owner of system but we are just owning some equivalent units based on the amount of our investments. Moreover in my opinion none could own the bitcoin ecosystem neither fully nor partially.You can always get your asset back at any time by returning its guarantees (smart contract tokens) to the bank.
I think you're not considering the volatile nature of bitcoin markets because we are not guaranteed getting our investments intact but it may be higher or lower based on market fluctuations and it is more likely how usual stock market is working hence this is not new due to bitcoins.The project is precisely focused on market instability. The larger the drop in ETH, the more people who want to insure their financial assets in the deposit, and thus the price of ETH-WORLD tokens increases even more. ETH holders who have insured their deposit will begin to repay the loan to the bank as soon as it becomes profitable for them when the price of ETH rises.
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.info/smart_eng.html
What Satoshi created and the developers of the cryptocurrency is not negative. They are merely offering alternatives with the potential to give people more opportunities in life and more freedom. Personally, I would definitely invest 70% of my use in a central bank. Because their capital comes from the government and their loans are safer and more reliable, this is a pretty solid and secure business in the long run. I will use 30% of my account to buy BTC and definitely only choose BTC for long-term investment because this is a coin that is considered worthless in the future, holding it for a long time will bring very profit big for me. 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.info/smart_eng.html
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