Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

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Cryptocurrency

What Value Does Everipedia Have?

Hence, any effort to convince Wikipedia critics to accept Everipedia will be a losing proposition. However, I think there could be a big market for an improved Wikipedia.

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Cryptocurrency

Is the Basic Attention Token (BAT) the Future of Advertising?

Hence, BAT intends to tokenize advertising by turning your attention into a commodity. The BAT platform could make money by serving as a marketplace for your attention.

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Cryptocurrency

Can Gnosis make money from Prediction Markets?

The Gnosis website mentions “prediction market contracts” and describes as “experimental smart contract.” A smart contract is a digital robot or decentralized app (DApp) that performs a task.

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Cryptocurrency

Why is Ethereum Surging?

Therefore, smart speculators could make more money by ignoring Ethereum and buying ERC20 tokens. Hence, the tokens they build from Ethereum’s blockchain could be more valuable than Ethereum itself.

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Cryptocurrency

Some EOS Stablecoins

Therefore, scalability could speed the mass adoption of stablecoins. In particular, scalability could help big banks like BNY Mellon (NYSE: BK), JPMorgan Chase (NYSE: JPM) and Goldman Sachs (NYSE: GS) bring out their own stablecoins.

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Cryptocurrency

What Value does Scalability have in Cryptocurrencies?

Importantly, the EOS Network Monitor estimates EOS’s maximum TPS at 3,996. However, The Monitor estimates EOS was processing between 54 TPS and 62 TPS on 29 August 2019.

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Cryptocurrency

Is a Goldman Sachs Cryptocurrency Coming?

Thus, a stablecoin is a lot like a bond or a checking account. Two instruments that Goldman Sachs is very familiar with. Notably, Goldman Coins could use a stablecoin to make US Dollar payments to account holders in other countries. Theoretically, stablecoin payment could be faster, cheaper, more secure, and easier than traditional wire transfers.

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Cryptocurrency

Equilibrium Labs Launches To Enhance Price-Pegged Stablecoin Algorithms For The Crypto Market

The proposed algorithm has many advantages. It creates a virtual decentralized “bank” for stablecoins, and participants will be able to buy shares of its income (as a stake) and make a profit from commissions. The institution will also be able to buy back the depreciated stablecoins from third-party exchanges. This approach is excellent for combating the hyperinflation and high interest rates we so often see in the crypto market.

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Cryptocurrency

Does the CLAMS Proof-of-Chain Cryptocurrency have any Value?

The CLAMS (CLAM) proof-of-chain cryptocurrency solves an interesting problem–determining if altcoins really operate on blockchain. To explain, there are allegations that

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Cryptocurrency

There is nothing original about Facebook’s Project Libra

The organization that will administer Libra, the Libra Association, looks like a central bank

To explain, a central bank issues currency, backs currency with a reserve, and regulates and administers the ecosystem that distributes the currency. Beyond that a central bank acts a a bank for other banks. I think the Libra Association looks like a Central Bank for global electronic payments systems like Visa and PayPal.

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