Member Info for PAS14

... but you dont present a counter argument Fleecy ... you just rattle on and on and on about BTC... QBT has more strings to its bow than that ... the clue is in the 'B' !? You'll see ...

...go post on ARB or another miner if BTC is your pet hate ?

... hear hear Plutuq ...highfalutin repetition to satisfy an ego !

''The headwinds will probably see Bitcoin struggling to climb from here, with the possibility of another freefall event should the Whales start selling.''

... at least ... thats what you're hoping ! :-)))

.. I agree late Feb / March seems to make sense ,,, what with recent NED appointments , the new Profs contract / options etc ( yes,, I know they can be extended ).... lets hope we 'launch ' into Spring ...

.. as Croq says ... easy to set up alerts for news / RNS / price movement etc on the Lon Stk Exchange site ... you know its accurate & timely ( we hope ! ) then ...

... i'm confident with both Colin ... ATB to you too !

... that makes 3 of us !! :-)

,,, if you know anything about business / the world / life .... when new things start .... there will always be early day flushouts of the weaker parts .... its inevitable ... just in the same way that as Digitisation continues to be adopetd globally ..... its inevitable there will be digital currencies & De-fi .... INEVITIBLE !... and only those who fear change will continue to lambast it ( as they have for 16 odd years now btw...) .... Open yer mind ... open yer mind ! ;-))

Crypto / De-fi is still in the 'Formin' stage of ... Formin , Stormin , Normin , Performin !

In contrast to the traditional foreign exchange model, decentralized finance relies mini- mally on intermediary balance sheets to facilitate cross-border payments. Instead, end-user wallets - whether self-custodied, or custodied with service providers - are at the center of all transactions. This new model of value exchange has the potential to offer a faster, cheaper, and more efficient alternative to traditional methods.

One key advantage of DeFi is that it uses blockchain technology to enable atomic, Pay- ment versus Payment (PvP) transactions. This means that one leg of a trade cannot occur without the other, eliminating credit risk in the settlement process. Additionally, the mes- saging and settlement layers are combined, reducing the potential for errors.

DeFi also allows for the encoding of market-making functions directly onto the blockchain through the use of smart contracts, such as the Uniswap Protocol. This further enhances the efficiency and transparency of the value-exchange process.

The price of doing the same old thing is far higher than the price of change

The cost savings are particularly significant in the remittance use case.

Estimates based on on-chain data and existing on-ramps suggest that DeFi can reduce remittance costs by as much as 80 percent relative to banks and money transmitters relying on traditional payment systems. This cost is expected to fall further with expansion of on-ramp options and cheaper blockchain layers.

With a global remittance flow of over $550 billion per year to low- and middle-income countries and typical remittance costs averaging around 6.3 percent of remittance sent, adoption of DeFi remit- tance channels could translate into a gain of around $30 billion per year going to households that are most in need.

Additionally, the implementation of blockchain analytics ,safeguards at the point of on-ramping, and decentralized identity standards that verify the identity of user wallets without disclosing user data can both protect consumers and address concerns around illicit finance.

In the first six months since the launch of EUROC in July of 2022, on-chain exchange of the EUROC/USDC (pegged to the Euro and USD) pair has surpassed $124 million dollars cumulatively with daily volume as high as $8.6 million exchanged on a 24-7 basis.4 5 We find that payment stablecoin trading has consistent liquidity throughout the week, including on weekends. Furthermore, on-chain exchange rates have traded within a few basis points of exchange rates observed in traditional markets, suggesting a reasonable level of price efficiency for this market still in its infancy.

The adoption of on-chain foreign exchange technology benefits not only institutions, but
also enhances commerce and payments for individuals and small businesses.

This innovation , coupled with more user-friendly interfaces and improved fiat-to-stablecoin conversion
capabilities, can reduce intermediary steps and benefit billions of underserved individuals

…. Let me ask you this Fleccy …. Why Dyou think there is so much money being pumped into the crypto and De- fi sectors ?

... youre stuck in the past ... and just want control and complaince maintained by those that always have had such control (which to an extent will of course continue ... i'm not so naive to see a revolution... just yet !) ... however more will have control over their own finances... and a smaller slice of the cake to the 'people abusive' institututions ... whats not to like about that !

... de fi / crypto / coins will ..... (also)

... enable the emerging world to access financial infrastructure without bias or prejudice in an environment ....with peer and open source control of the compliance exposure from end to end

.....all I've ever read is aspiration without substance.

... thats maybe because you have a closed mind and cannot accept / acknowledge change is afoot !

De-fi will embed with web 3 ... web 3 IS the future .... digital currency / crypto ... will ultimtely exist along Fiat ... however opening up interactions all over the world ... not just the priveleged parts / pple...

It will build the missing link between fiat and DeFi through fiat-optimized smart contract blockchains .... Allowing traditional finance fiat services to integrate with DeFi applications such as specialized forex AMMs, lending protocols, or yield farming opportunities...... a good example would be a part of the world where you cannot presently buy or store gold as too cost prohbitive ... whereas via coins (de-fi) linked to fiat, you can then buy your gold bar and store it elsewhere ( you cannot use the local fiat as too restrictive , controlled etc )

... lovely Jambone ... lovely ... ;-))))

....he invests in technology yet doesn’t like the technology that clearly shows the earth is a sphere.

... looking at the prices at the time and the prevailing bid / ask at that time... then al lapart from the 10:25 one (39k odd) ... all appear to be buys

Well done Mezz .... lets help these dinosaurs !! ;-)))

... that came from researching Ozones domain ( .io) ... and he seems to be a security bod... possibly i'm 'barking' too !