central

Paribus: How loans work.

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Time Stamp: February 8, 2023 12:44 PM - Modified On: February 8, 2023 - Published By:
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Republished By Plato

How Loans Work A surprising number of people worldwide have little understanding of how the modern monetary system works. This lack of financial literacy can have significant impacts on individuals and their ability to become more productive members of society. For instance, many people think that debt is bad without understanding that it’s an essential ingredient for growth. All of the world’s major economies operate a debt-based model which is paramount to ensure continued growth and expansion. Without the ability to create debt, growth is dictated by the current level

Reasons for Regulation

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Time Stamp: January 5, 2023 3:57 AM - Modified On: January 5, 2023 - Published By:
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There are multiple reasons cited for increased regulation in crypto, the most common of which are investor protection, institutional adoption, and safety. While regulations can be seen as a good thing in general for the space they’re by no means a universal panacea. Examining what central banks want regulation to look like gives a clearer indication of who benefits most from them. In December Sir Jon Cunliffe, Deputy Governor of the Bank of England said, “We would need to regulate to ensure that we get the same level of protection,

China’s Walled Garden

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Time Stamp: December 14, 2022 11:40 AM - Modified On: December 14, 2022 - Published By:
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Republished By Plato

Continuing our theme of speaking with people in the world of finance and technology we asked insiders at ByteDance in Shanghai their views about blockchain technology. The results give some useful insight into one of the likely narratives of the next bull run. In previous cycles narratives have ranged from Bitcoin being digital gold to NFTs being the cutting edge of the art scene. These topics pull new users into the space and with their added liquidity the value of the market begins to rise. The present decline in value

Is the Future Digital?

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Time Stamp: December 8, 2022 4:16 AM - Modified On: December 8, 2022 - Published By:
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Republished By Plato

These days you can’t scroll through YouTube without encountering videos foretelling the end of crypto and the collapse of the global financial system. The clickbait culture that invaded traditional journalism has now spread to citizen journalism too, but how realistic are all of these dramatic claims? Fear, uncertainty, and doubt (FUD) pervade the mainstream media. So much so that even people with little knowledge of the technology claim it’s all going to zero. If you’re looking for bottom signals this is the equivalent of everyone FOMOing in at the top.

The Central Problem

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Time Stamp: November 21, 2022 1:09 AM - Modified On: November 21, 2022 - Published By:
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Republished By Plato

The black swan events of LUNA and FTX that have so far characterized crypto in 2022 left many in the space wondering how we got here. What began as a quiet revolution focused on decentralization and financial sovereignty has been corrupted by greed and the centralization of power and control. If crypto has any hope of a future it can only be found in reaffirming the central tenets of decentralization and financial sovereignty. While the media claim these problems are the fault of a lack of regulation it’s worth considering

Passport of the Future

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Time Stamp: November 18, 2022 4:21 AM - Modified On: November 18, 2022 - Published By:
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A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

Bonds, Bitcoin Bonds

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Time Stamp: October 12, 2022 2:03 AM - Modified On: October 12, 2022 - Published By:
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Just over a year ago El Salvador made history by becoming the first, and only country in the world to make Bitcoin legal tender. Much to the anger of the international community of central bankers, they pushed ahead with their plans, doubling down by planning a $1 billion bond release to build Bitcoin City. According to the mainstream media, El Salvador’s experiment with cryptocurrency has been an unmitigated disaster. The country is on the verge of bankruptcy, there hasn’t been widespread adoption of crypto, and the president is a ruthless

Inflationary World, Deflationary PBX

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Time Stamp: September 30, 2022 4:06 PM - Modified On: September 30, 2022 - Published By:
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While central banks all over the world are battling inflation, here at Paribus we’re continuing our drive to ensure we remain firmly deflationary. This month, as with previous months, our algorithm has been busy calculating the appropriate Deflationary Volume Incentive. Based on the volume of PBX traded across all markets our algorithm determines the number of tokens we need to burn from our ecosystem. We do this by sending the tokens to a null wallet that can’t be accessed by anyone. This process ensures that over time more and more

Digital Assets

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Time Stamp: September 27, 2022 3:28 PM - Modified On: September 27, 2022 - Published By:
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Republished By Plato

If you ask most people in crypto what a digital asset is they usually reply that it covers everything in crypto. For over a year major exchanges and projects have been asking regulators the same question and are repeatedly frustrated by their inability to answer clearly. The reason is that the term ‘digital asset’ is one you’re likely to hear or read about frequently in the coming months. According to well-placed sources within financial journalism, regulators and lobbyists backed by legacy financial institutions are gearing up to label every cryptocurrency

Interesting Times

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Time Stamp: September 22, 2022 1:50 PM - Modified On: September 22, 2022 - Published By:
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A few months ago the markets were confident we were approaching the end of big interest rate hikes and that after the summer central banks such as the US Federal Reserve would begin to ease their monetary policy. However, due to persistently high inflation, especially core inflation, the markets have adjusted their view which goes some way to explaining the recent crypto market volatility. As cryptocurrency is touted as an inflation hedge and an alternative form of money, users are often confused or surprised to discover that over the short

Moonstake Officially Supports The Ethereum Merge

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Time Stamp: September 21, 2022 10:38 AM - Modified On: September 21, 2022 - Published By:
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SINGAPORE, Sept 19, 2022 - (ACN Newswire) - Today, Moonstake is thrilled to announce that we will officially support the Ethereum Merge. This event marks the full transition of the Ethereum network to Proof-of-Stake and will finally enable users to stake and earn from their ETH assets. We are proud to be one of the first platforms in the world to officially support the new Proof-of-Stake ETH. The Ethereum Merge will undoubtedly bring about exciting developments for the market as well as many benefits to crypto users. We have an

Don’t Fight the Fed

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Time Stamp: August 26, 2022 3:33 PM - Modified On: August 26, 2022 - Published By:
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By the time most people read this Jerome Powell, chair of the Board of Governors of the US Federal Reserve System will have given his yearly speech at Jackson Hole, Wyoming. The speech details his financial outlook for the US and dictates whether crypto, along with most other markets, will pump or dump. Each year the Federal Reserve Bank of Kansas City holds a symposium at Jackson Hole in Grand Teton National Park that attracts central bankers, economists, and policymakers from around the world. The 2022 symposium will open on