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    Friday, April 3, 2020

    Crypto Currency Markets Bitcoin and Crypto Bashing Wells Fargo Has it's Advisors Named in Crypto Fraud Case

    Crypto Currency Markets Bitcoin and Crypto Bashing Wells Fargo Has it's Advisors Named in Crypto Fraud Case


    Bitcoin and Crypto Bashing Wells Fargo Has it's Advisors Named in Crypto Fraud Case

    Posted: 03 Apr 2020 05:42 AM PDT

    Bitcoin Surges 9% And Is Likely to Set Up A Fresh Strong BTC Price Rally

    Posted: 03 Apr 2020 05:49 AM PDT

    What the data about the COVID-19 onset say about BTC as a financial asset—and how they show that the "digital gold" debate is fundamentally confused

    Posted: 03 Apr 2020 11:22 AM PDT

    Substantial demand for Crypto in India Confirmed – Boom Incoming

    Posted: 03 Apr 2020 04:48 AM PDT

    Ergo use case: Local Exchange Trading System (LETS)

    Posted: 03 Apr 2020 08:02 AM PDT

    The need to reform the global financial system has been clear since the last crisis in 2008. Now, COVID-19 has forced our hands. We cannot delay, and the best way to start is from the grassroots.

    As lockdowns across the world effectively shut down whole sectors and a large part of the economy, we are entering a new era at breakneck pace. Central banks are taking unprecedented action in the form of money printing but, just like last time around, they will almost certainly fail at the 'last mile' (intentionally or otherwise): while their efforts will benefit the financial sector and the wealthy, the funds will not reach those small businesses and individuals who need them the most.

    Crossing the last mile

    Technology like the Ergo platform can address this problem efficiently, building bridges into and within our local economies without the need for commercial or central banks. A key principle of Ergo, and one stated in the white paper, is that it is for regular people. The developers have spent considerable time building technology that can be applied to real-world use cases. (This is the idea behind 'Smart contracts for the people', for example.)

    LETS

    In the present circumstances, a Local Exchange Trading System (LETS) would be a strong use case for Ergo. A LETS is a mutual credit association in which individual members are allowed to borrow from a common pot of money. All the loans are written into a ledger. Naturally, a blockchain system allows for strict and more granular rules around the size of loans and their use, as well as user privacy.

    For example, let's assume Alice has a zero balance. She wants to buy a litre of milk from Bob, and borrows the agreed price of 2 euros from the common pot. Alice's account now registers -2 euros and Bob's +2 euros. Bob can spend his balance with other participants of the LETS, and the creation of credit allows for economic activity and velocity of money even where people have, temporarily, no cash. Of course, limits on borrowing can be imposed – and even on positive ones, to prevent hoarding within the LETS. Such a system can be built trustlessly on Ergo.

    Crisis measures

    Systems like this have historically become popular during times of crisis. The first system of this kind was established by Michael Linton in a Canadian town stuck in depression back in 1981. LETS were also popular during the 1998-2002 Argentine Great Depression.

    Most LETS groups consist of 50 to 250 members, with paper-based credit notes and ledgers maintained by a committee. However, it is unsurprising that paper-based LETS have suffered from problems such as counterfeit notes, dishonest activity by administrators, and so on (much like centralised crypto exchanges). A blockchain-based LETS could be vastly superior to any previous system.

    Moreover, building lots of small credit systems on the same blockchain enables interoperability and novel financial products designed to strengthen the system as a whole. Hundreds of different LETS could exist, for individuals and small businesses, with different participation criteria, different credit limits, collateralisation requirements and other parameters. And yet they could still be connected by gateways allowing liquidity to move between different LETS, if required – while avoiding exposure to toxic debt.

    What use cases do you have for Ergo to address the broken financial system? Let us know.

    submitted by /u/eleanorcwhite
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    New to trading&Crypto

    Posted: 03 Apr 2020 05:32 PM PDT

    Due to recent the recent pandemic I've found myself with an abundance of time to kill. I have had an interest in cryptocurrency and trading for a couple years but only recently have I had the expendable savings to invest in a few coins and the time to dedicate to learning more about this space. I am just wondering if anyone has any suggestions for newbie, a good starting point? I've made an account on coinbase and pro and I have a coinbase wallet. I bought some Bitcoin a few weeks back when it was around 5k and am happy to just sit on that. As well I bought some ethereum and traded it for Dai and deposited some into the Defi app pool together ! For the hell of it. I was a little disappointed with the lag and interface of coinbase pro and from some of the other stuff I have read about coinbase I am looking for a different exchange and wallet. I was considering Bitifinex or Kraken. Also I was thinking of Samourai wallet. Anyways I know this was kind of a long rambling post but I would greatly suggest any websites or YouTube channels that you all think would be informative for a complete beginner, as I have kind of been a bit overwhelmed with the amount of material out there and what is truly of good quality or guidance. Thanks (Also I very much realize that I can and probably will lose some money, this I know. I am more interested in getting my hands dirty and approaching this as an extreme hobby if not more. )

    submitted by /u/blandusted
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    I created my own DEX Aggregator with widgets, over 300 different cryptos to swap in one place. No email.

    Posted: 03 Apr 2020 08:31 PM PDT

    Analyst Who Called Bitcoin’s $3,000 2018 Bottom Thinks This Is Next

    Posted: 03 Apr 2020 08:24 PM PDT

    GitHub - coinexchain/dex: A public chain built for the decentralized exchange

    Posted: 03 Apr 2020 07:44 AM PDT

    Analyzing Crypto Headlines

    Posted: 03 Apr 2020 02:30 PM PDT

    Malaysian Securities Regulator Approves Crypto Trading Platform. Malaysian laws require that local cryptocurrency exchanges register with the SC, after which they have up to nine month to achieve compliance

    Posted: 03 Apr 2020 06:13 PM PDT

    Crypto economy surprisingly resilient to Coronavirus crisis

    Posted: 03 Apr 2020 11:12 AM PDT

    Why Are Crypto Companies Going to Abu Dhabi? - CoinDesk

    Posted: 03 Apr 2020 04:48 PM PDT

    Ripple Co-Founder Says He Recovered from COVID-19 + More News

    Posted: 03 Apr 2020 04:22 PM PDT

    Meet the Blockchain Mavens at Blockdown Interactive Virtual Blockchain conference. It promises ultimate content and networking opportunities

    Posted: 03 Apr 2020 03:41 AM PDT

    UBT has been integrated on Bancor Network

    Posted: 03 Apr 2020 08:32 AM PDT

    Spanish tax authority to send more letters to crypto traders this year, despite coronavirus. Crypto in Spain is subject to capital gains tax. The tax rate ranges from 19% to 23%

    Posted: 03 Apr 2020 07:02 AM PDT

    CRYPTO MARKET RALLY SOON Says Exchange CEO - R3 Hex Trust XRP - Embily Crypto Card

    Posted: 03 Apr 2020 03:45 PM PDT

    Vitalik Buterin Tells Bitcoin Dev That BTC Wasn’t Always “Digital Gold”

    Posted: 03 Apr 2020 03:44 AM PDT

    Bitcoin [BTC] Price Analysis: $7,900 Possible if Bulls close above $7,000

    Posted: 03 Apr 2020 01:11 AM PDT

    CoinMarketCap to Remain 'Independent' as Binance Confirms Acquisition

    Posted: 02 Apr 2020 10:23 PM PDT

    Stellar Foundation to donate 2.5 million Lumens to Charities for the ongoing crisis

    Posted: 03 Apr 2020 05:52 AM PDT

    Bitcoin.com Fires 50% of Staff Ahead of BCH Halving - Bitcoinist.com

    Posted: 03 Apr 2020 01:16 PM PDT

    WHAT HAPPENS TO BITCOIN IN A FINANCIAL CRISIS?

    Posted: 03 Apr 2020 09:02 AM PDT

    New Update for Heart Number Trading App

    Posted: 03 Apr 2020 03:04 AM PDT

    Added a sell-off feature

    The lower point selling end feature has been added to enable short-term profit taking. The expected rate of return is low, but it is suitable for those who prefer fast-paced trading.
    If you choose sell-low at this setting, it allows you to buy at low buy point and sell at low sell point to finish the auto order.

    Added the links of external chart

    Added the links of external chart which are connected exchange and trading view. These charts typically are used analysis so you can approach them conveniently.
    If you click "Chart" in detail or order view, you can go to external charts and exclude for Upbit because Trading view doesn't service it.

    Android Market: https://play.google.com/store/apps/details?id=com.sixmultiverse.heartnumber

    Telegram: https://t.me/heartnumber

    submitted by /u/waterbottles4
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