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Topic: Would you like to become a co-owner of a world bank? - page 4. (Read 1292 times)

jr. member
Activity: 475
Merit: 2
я открыт
It's a very cool concept. If implemented, it would change the world's public perception of money and digital assets forever.

Thank you for evaluating the concept, you are one of the few who saw the essence of my project. After the launch of the crypto bank, the world perception of money and digital assets will really change.
It is a pity that I cannot reach out to those who are able to help me realize this idea.
legendary
Activity: 2338
Merit: 1124
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.
sr. member
Activity: 1428
Merit: 252
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?


Anyone certainly wants to have financial freedom, by having their own bank it will be easy for us to control our money, the presence of crypto is to make anyone able to fully control money without the need for third party assistance such as bank services.
jr. member
Activity: 475
Merit: 2
я открыт

[/quote]
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?
[/quote]


Absolutely right!
By increasing your assets, you increase the total balance of the crypto bank (authorized capital), and this in turn increases the value of all holders of shares of the crypto bank (ETH-WORLD tokens), in addition, by helping those wishing to become co-owners of the crypto bank, you have a positive impact on the financial policy of the bank.

http://prosh.info/smart_eng.html
jr. member
Activity: 700
Merit: 1
Bisq Market Day - March 20th 2023
It is possible to be a member of the World Bank but it is quite difficult for the public to get a rank in a big rank. However, no task is impossible. As you work, you will see that hard work will lead you to the pinnacle of improvement.
jr. member
Activity: 475
Merit: 2
я открыт
So basically what you call a bank is an issuer of tokens that are equivalent in value to the assets you put into it. I do not clearly see how that makes you a co-owner of that bank. Also, I do not understand how are the economic assets going to be assessed for value against that of the existing tokens. I also do not get clearly if you are pretending to have a stable coin and how those tokens will always preserve their value when the underling assets will change relative to each other and relative to others in the market.

Too much unclear stuff here.
Very good questions in fact.
Let's figure out what a crypto bank and a stablecoin are.
In my project, a depository bank is a smart contract for accumulating financial assets in cryptocurrency that you invest in it, thereby increasing its total capitalization and receiving issued stablecoins in exchange, in addition, you get the opportunity to connect others to the bank and receive additional income for this. The newly connected ones, also investing their assets, increase the capitalization and the cost of stable coins, which is beneficial to all co-owners of the crypto bank
38. Replacing the turnover of ETH in the blockchain network, its financial equivalent Stablecoins becomes a reliable settlement coin between counterparties, since its value cannot be devalued, but can only increase. This is really Stablecoins produced by a real financial asset placed in Ethereum.
39. Stablecoins replacing ETH is guaranteed to carry its quantitative content and participates in the turnover of calculations in its place. Stablecoins unencumbered by an ETH deposit, non-combustible Stablecoins coins are formed by the total capitalization of the entire deposit, the value of which can only be increased by the quantitative content of the ETH deposit, the number of non-combustible Stablecoins cannot exceed 10% of the maximum value of the Stablecoins issue.
40. Stablecoins, not related to the deposit, is the total income paid in the form of remuneration for the storage of all funds invested in the ETH deposit to all deposit holders in equal shares "in the form of a return of part of the authorized capital", the cost of which depends on the amount and time of storage. They are formed due to the difference in the entry price to the smart contract between the co-owners of the crypto bank, the owners of the deposit.
http://prosh.info/smart_eng.html
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
So basically what you call a bank is an issuer of tokens that are equivalent in value to the assets you put into it. I do not clearly see how that makes you a co-owner of that bank. Also, I do not understand how are the economic assets going to be assessed for value against that of the existing tokens. I also do not get clearly if you are pretending to have a stable coin and how those tokens will always preserve their value when the underling assets will change relative to each other and relative to others in the market.

Too much unclear stuff here.
Well, it is true but base on what I understand, OP trying to figure out about the asset that we have full control of, just like a central bank -- we are free to do our money and it will grow more than what we invested as long as in the right time. I understand it correctly but I think this is not what Satoshi Nakamoto wants, people now are most commonly hoarding bitcoin to keep the value and store it in their wallets and hoping they will earn profit more than what they invested. To have full control of you asset is really a good decision and yes, it sounds you have or become a co-owner of the bank.
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
So basically what you call a bank is an issuer of tokens that are equivalent in value to the assets you put into it. I do not clearly see how that makes you a co-owner of that bank. Also, I do not understand how are the economic assets going to be assessed for value against that of the existing tokens. I also do not get clearly if you are pretending to have a stable coin and how those tokens will always preserve their value when the underling assets will change relative to each other and relative to others in the market.

Too much unclear stuff here.
hero member
Activity: 1890
Merit: 831
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.

Many mistakenly classify bitcoin and crypto as attacks or attempts to subvert government authority. The motives of Satoshi and crypto developers are not negative. They merely offer alternative options with the potential to grant people more opportunities in life and more freedom.

If big tech monopolies like facebook and google are negative trends. Perhaps government run monopolies of fiat may be categorized similarly. In which case bitcoin and crypto could represent progress and an improvement over traditional modes of banking and finance.

Well I do think that people do not realize the fact that, cryptocurrencies and other things cannot function without fiat, right now we are in a system where we trade and take care of things in exchange for any fiat and at the same time it's helping many countries and people establish jobs, businesses, giving them more investment opportunities, therefore if the government tries to integrate themselves with the system they might very easily get rid of corruption since everyone will be able to track the records and at the same time, people would also have some power, that will be much like real democracy.

It does not only represent progress and improvement but also represents respect for individual financial authority and privacy that needs to be respected big time now.
full member
Activity: 1092
Merit: 106
this is quite good and indeed I am also one of the people who really support and respect satoshi.
 but in this case I think it will be difficult because if we talk about this bank system it will be out of sync with the existence of bitcoin here it is clear with blockchain which is in it there is a decentralized system which is clear from the beginning of the formation of bitcoin it has been like that, and this is contrary to The bank system that they do is in a centralized system which here must be really managed so that it can run well because if there is no good management in the bank this will not work and will even tend to suffer losses.
and if you mean by saying this to be able to become one of the owners of this world bank I think it is very difficult because here, especially in bitcoin, the system is decentralized and if you make a transaction, it means that there is definitely no third party in it and will only leave proof of the transaction and this already contrary to the banking system which is indeed centralized
newbie
Activity: 15
Merit: 0
It's a very cool concept. If implemented, it would change the world's public perception of money and digital assets forever.
jr. member
Activity: 475
Merit: 2
я открыт
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?

The central bank belongs to the government, maybe we can only be owners of private banks, but by owning a bank of course we must have large capital, this is the dream of many people so that by having a bank we can get profit and of course advance the economy of many people.
In a decentralized cryptocurrency world, there is no government and therefore all banks are equal in it, anyone can be both the owner and co-owner of a bank.
sr. member
Activity: 1358
Merit: 253
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?

The central bank belongs to the government, maybe we can only be owners of private banks, but by owning a bank of course we must have large capital, this is the dream of many people so that by having a bank we can get profit and of course advance the economy of many people.
jr. member
Activity: 475
Merit: 2
я открыт
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?
You are right, indirectly, each co-owner of a crypto bank influences the financial policy of the bank itself with his deposit and the connection of those who want to become co-owners, thereby increasing the total capitalization of the financial asset.
copper member
Activity: 166
Merit: 3
TheStandard.io
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?
sr. member
Activity: 1050
Merit: 286
Regardless of the wealth and the power you may get once you became a co-owner of a world bank, there are a lot of responsibilities you need to consider before celebrating. Just by hearing the word "world" bank, it already sounds complicated and would require a lot of work. Bitcoin and crypto might have made it possible for everyone to have their own financial freedom yet it is nothing compared to handling a world bank or even a regular bank. In crypto, you are more likely handling your own account in a bank and you have no power over other individuals accounts.
jr. member
Activity: 475
Merit: 2
я открыт
[цитaтa aвтop=uneng link=topic=5264440.msg55573605#msg55573605 date=1605156849] [цитaтa aвтop=VictorProsh link=topic=5264440.msg54864983#msg54864983 date=1595643879] Этo мeчтa Caтocи Haкaмoтo. Oн xoтeл дaть кaждoмy чeлoвeкy cвoй coбcтвeнный бaнк в pyкax. [/quote] Bepнo. Bce мы являeмcя coвлaдeльцaми биткoинa, бeз кaкиx-либo цeнтpaльныx opгaнoв влacти и peгyлиpyющиx opгaнoв, и нa caмoм дeлe этo выpaжeниe coвлaдeльцa интepecнo, пoтoмy чтo в тo жe вpeмя я кoнтpoлиpyю биткoин и cвoи coбcтвeнныe дeньги. Mнe тaкжe нyжны вы и вce ocтaльныe нa тoм жe ypoвнe, чтoбы cдeлaть биткoин дocтoйным и пpигoдным для иcпoльзoвaния. Toгдa мы являeмcя coвлaдeльцaми, paбoтaющими coвмecтнo, чтoбы в кoнцe кoнцoв кaждый мoг извлeчь выгoдy. Я paд, чтo люди мoгyт имeть этy нeзaвиcимocть, o кoтopoй тaк мeчтaли в нacтoящee вpeмя из-зa Интepнeтa, кpиптoвaлюты, биткoинa, дeцeнтpaлизaции и, кoнeчнo жe, Caтoши Haкaмoтo. [/quote]
It is absolutely true that if you do not dream, then life will not change.
full member
Activity: 546
Merit: 148
Critically looking at his path compared and contrast with the activities that are been carried out on smart contract with altcoins, I wouldn't think his culture is been respected.
There were many news and times were USDT custodian were confiscating users fund due to their actions and activities unknown to the public. There were many times team change smart contracts once the system doesn't really favour their plans, this is why bitcoin is so different and unique in many ways with altcoins ( shitcoins are even worse to begin with).
Bitcoin has unbanked some many countries who really lack access to banking system. The last peaceful protest in my country is example, donation were made through bitcoin making them thier on Bank since central Bank decided to confiscated their account.
member
Activity: 252
Merit: 11
There are a lot of scammers in crypto so you have to choose the right project and keep the resources safe. But owning the world is not a very difficult task is possible to build your own organization if you have good knowledge and skills about banking. Trade liberalization is the most controversial aspect of globalization many feel that this leads to lower wages, rising unemployment and the threat of losing national sovereignty the effects of which far outweigh the potential benefits. But now everything is improving through blockchain technology.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
We understand what bitcoin and blockchain could mean for everyone, the starting point of bitcoin had a slogan of "banking the bankless" as well, the whole world becomes connected to each other via blockchain and you do not need banks for it, anyone can pay anyone else all around the world any amount they want, bitcoin could be expensive for transactions these days but early days of bitcoin or altcoins of today could still mean you could send 1 cent to someone if you want to, try to imagine doing that with any other method, you won't be able to.

However this is not only thing that bitcoin brings anymore. We are in an investment situation where putting money into bitcoin could mean you could profit and make money, which is what people are using bitcoin for these days.
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