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G20 discussing the future ;-)
https://www.theblock.co/post/240072/g20-body-sets-out-recommendations-for-regulating-crypto-assets-and-stablecoins?utm_source=twitter&utm_medium=social
Bank of America recently published a report entitled :Global Digital Assets
Beyond Crypto: Tokenization
Very interesting read: -
Tokenization - an infrastructure evolution
We are on the verge of an infrastructure evolution that may reshape how value is transferred, settled and stored across every industry. Tokenization is just one DLT/BCT application, but this one application may transform financial and non-financial infrastructure and public and private financial markets over the next 5-15 years.* Disruptive innovations like the radio, television and email took 30 years to reach mainstream adoption. We expect a far shorter road for digital assets.
You can read the full report here
https://rsch.baml.com/access?q=ZAysnRyxIqE
This could just be the Catalyst to get the crypto bull run started
https://cointelegraph.com/news/ripple-wins-case-against-sec-as-judge-rules-xrp-is-not-a-security
Pendulum App Joins Ledger Developer Mode: A Security Milestone
https://medium.com/pendulum-chain/pendulum-app-joins-ledger-developer-mode-a-security-milestone-bec078119579
Slug - fully understand your reticence after being invested in Satoshipay for so many years - lets be honest up until now its been a continual journey of jam tomorrow ideas that could/should/ would have worked. Lets be clear - the Satoshipay CV on paper doesn’t install confidence.
However . Pendulum is a completely new direction from all previous ventures, Wilkes and stuber are now the driving force, and now entering ( or attempting to enter) an entirely new perameter.
Will it be sucessful ? we will have to wait and see. All I can add is the digital asset space is clearly the future, the case for on-chain forex is undeniable, the case for on-chain cross border transactions in undeniable, and the case for on-chain fiat/defi/tradfi improvement is undeniable.
None of that means the Pendulum proposition will ultimately be the answer - but that is what they are aiming to achieve and so far, many parts of the jigsaw are clearly falling into place - albeit at a far slower pace than many would like. But this stuff is mind bogglingly difficult and it is very clear to me that that the General markets do not understand the sea change that is coming over the next five years.
Alchemy Pay Integrates Fiat Onramp for Pendulum’s PEN Token
https://alchemypay.medium.com/alchemy-pay-integrates-fiat-onramp-for-pendulums-pen-token-339b2d586aa2
Https://www.ibtimes.com/five-blockchain-companies-innovating-africa-3702116
Blu - all very valid points - one of the hurdles in the crypto space is it is still on the whole run by the geeks not the suits - one would hope this is where Daniel Masters on the board will come into play
Dave/bob I do understand the frustration and it’s clear that things are delayed from previous timelines, but with tech development timelines are notoriously difficult to keep to and from personal experience rarely kept. From a relative layman’s perspective I cannot overstate how difficult blockchain dev is and much is still trial and error. There is so much dev going on daily in the background, the whole process is mind boggling as is the brain power that does it - and I probably understand less than 5% of it .
For me Pendulum have been extremely transparent With everything albeit a little ambitious in timelines, which is why I am looking towards 24/25 for the full potential to show. We are in the early phase of what could/should transform how finance works but the trad markets don’t quite understand potential just yet.
As for Dynasty I completely agree - the silence there is deafening
All just IMO
In know many here are getting a tad inpatient and despondent but I genuinely hope they don’t sell any Satoshipay this year. There is so much going on with Pendulum and all the foundations being put in place, but it will take time to establish ready for the next Defi bull run which in my view is in the process of starting H2 this year but fully gaining traction through 2024 into 2025. So any sale now based on a current valuation would be short term mistake as a 2025 valuation will likely be multiples of that. I am happy to accumulate and wait as I am confident of what is coming but fully understand others may have different timescale expectations.
Pendulum and Scallop Partner to Pioneer the Future of Onchain Banking
https://medium.com/pendulum-chain/pendulum-and-scallop-partner-to-pioneer-the-future-of-onchain-banking-25d501121d5f
https://www.scallopx.com/
And now wisdom tree join the party- cannot emphasise how significant this is all is for the digital asset space
https://bitcoinmagazine.com/markets/wisdomtree-files-application-for-spot-bitcoin-etf
More crypto adoption from the establishment
https://www.marketwatch.com/story/new-crypto-exchange-edx-backed-by-citadel-securities-fidelity-schwab-starts-operation-47ce868f
Https://finbold.com/1-4-trillion-banking-giant-deutsche-bank-files-for-crypto-custody-license/