"XOV is seeking to centralize this volatile world in order for all of us to have a currency we can trust."
That's all well and good but why would anyone trust XOV? Part of the reason cryptocurrency has so much allure is that, if it's done correctly, there is no need to trust a centralized system.
With centralization comes control and the result is a loss of liberty.
That's all well and good but why would anyone trust XOV? Part of the reason cryptocurrency has so much allure is that, if it's done correctly, there is no need to trust a centralized system.
With centralization comes control and the result is a loss of liberty.
The centralization will come to help stabilize the currency. Trust will be built upon research professionals studying economics and blockchain technology. The XOV team has surrounded themselves with experts in the academic world that study cryptocurrency, the bank regulation world, the software engineering world, and legal world. They're making sure everything is done right from the start.
Why does USDT have over $2b in holdings currently? People want stability. And, the XOVnode (masternode) is going to allow anyone to gain interest on their deposits so they can feel comfortable spending their crypto for goods and services.....not feel like they always have to HOLD. That model will NOT work long term.
