Article: Disintermediation and Decentralization in Financial Markets

Decentralized Internet, Money

Disintermediation and Decentralization in Financial Markets

Having premised so much of financial markets regulation on the presumption of intermediation, it may be useful to consider the need for new rules and formal amendments aimed at achieving the longstanding regulatory goals of promoting investor protection, facilitating capital formation by establishing fair and orderly markets, and mitigating risks that disrupt and destabilize markets.

Article: Like it or not, you should probably start paying attention to bitcoin

Blockchain, Crypto

Like it or not, you should probably start paying attention to bitcoin

Coinbase’s public listing is just the latest milestone on cryptocurrency’s journey from nerdy curiosity to mainstream investing opportunity and payment method. Since 2018, Square, the payment processing service, has let most of its payment app Cash App users buy and sell bitcoin. And lately, more and more of them have been doing so. Square CFO Amrita Ahuja said in February that 3 million people did transactions in bitcoin on the app last year, while 1 million did so in January 2021 alone.

Similarly, PayPal began to allow users to buy cryptocurrencies through their accounts last year. The platform expanded its cryptocurrency capabilities this March and started allowing users to exchange their crypto holdings into US dollars in order to pay for things, which is just one step short of allowing users to make purchases with actual cryptocurrency. Paypal has also indicated that users of Venmo, which it ownswill soon be able to transact in cryptocurrencies, too.

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Article: India can’t ignore the promise of big blockchain innovations

Blockchain, Governance, Money

India can’t ignore the promise of big blockchain innovations

Mobile banking has indeed emerged as a way to end financial exclusion, a chronic problem in all emerging markets. In India, payments worth almost $60 billion are now taking place every month via wireless devices, three-fifths more than ATM withdrawals. A year ago, cash was ahead by 37%. At this rate of digital adoption, the lead of cheques might also soon vanish.

Srinivasan’s advocacy has thus come at a crucial time. A digital wallet that can handle both central bank-issued electronic cash and cryptocurrencies will end up “giving every Indian the ability to make both domestic and international transactions of arbitrary complexity, attracting crypto capital from around the world, and leapfrogging the 20th century financial system entirely,” he says in his blog post.

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Article: ‘With DeFi, You Have Complete Access’ — The Week in Quotes

Crypto, Decentralized Internet, Money

‘With DeFi, You Have Complete Access’ — The Week in Quotes

Plenty of discussions this week occurred at the World Economic Forum. A key topic was decentralized finance (DeFi). Speaking at the “Behind the decentralized finance hype” panel, Rune Christensen of MakerDAO brought to light the future of DeFi and how it is growing rapidly.

Christensen explained how DeFi can be accessed by anyone:

“It doesn’t matter if you’re a hedge fund manager on Wall Street or if you’re one of the 1.7 billion people that don’t even have a bank account. With DeFi, you have complete access.”

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Article: 3 Ways to Earn Crypto Passive Income: A Quick Guide

Crypto, Money, Web 3.0

3 Ways to Earn Crypto Passive Income: A Quick Guide

Before you start, you need to assess how much money and effort you are ready to invest, what your goal is, how patient you’re willing to be, and what risks you are able to withstand.

Compared to traditional finance, cryptocurrencies are much more susceptible to market fluctuations, therefore, you should understand that if the price of your asset falls, this can “eat” your percentage of passive income.

Below are some popular options that may suit your stress levels much better than trading…

  • STAKING As A Source Of Earning Passive Income
  • MASTERNODES And Earning Passive Income
  • LENDING

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Article: Cryptocurrency Advocates Receive Increasing Support

Crypto

Cryptocurrency Advocates Receive Increasing SupportCryptocurrency Advocates Receive Increasing Support

According to Coin Center executive director Jerry Brito, the group is saving money as a war chest. It anticipates needing the cash to fight a larger lobbying battle or file a lawsuit over the new regulations. Brito said:

“Our job is to say absolutely there is a real risk here and that we all need to work together, but don’t throw away the baby with the bathwater.”

Meanwhile, the crypto trade association Blockchain Association has seen its membership rise by 10 to 34 since December. The number of its employees has also doubled. Members of the association include Binance.US and Ripple Labs. They intend to make contributions to the association to help polish bitcoin’s image.

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Article: What is bitcoin? Why the digital currency became popular

Crypto

What is bitcoin? Why the digital currency became popularWhat is bitcoin? Why the digital currency became popular

BITCOIN ($ BTC) had its origin as open source software (Open Source), presented by “Satoshi Nakamoto”, alias of a programmer or group of programmers whose motivation for its development was the economic crisis of 2008 – 2009, specifically the decision to print money for the rescue of banks after the credit and stock market crisis of the real estate bubble.

Bitcoin is known as the first cryptocurrency of the more than 2,000 that exist today, independent of any government authority (decentralization), its production is completely digital, subject to an issuance limited to 21 million Bitcoins .

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Article: #FutureProof: The Bitcoin mystery powering the rise of DeFi

Crypto, Decentralized Internet

#FutureProof: The Bitcoin mystery powering the rise of DeFi

The number of DeFi apps continues to explode, partly because their programs — including Uniswap — are based on open-source code. Software developers can easily mash up code from different programs, building on it to create innovative new applications. It is this open-source movement — the unsung hero of the internet and software industry — that serves as an insurance policy for decentralisation. Even if Nakamoto’s identity is revealed, spelling doom for Bitcoin, Coinbase need not fret. Another person, or group of people, can easily take his place.

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Article: Blockchain and taking the politics out of tech

Blockchain

Blockchain and taking the politics out of tech

“I think that there are a lot of tech companies that have really great ideas but they’re not very expert in what it is that they’re trying to fix,” he says. “And, for me, having spent so much time inside of banks and inside of the credit infrastructure, it’s pretty clear to me what it is that needs to be better. And it really is secure, anonymous data sharing.”

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Article: Bitcoin Is Going Mainstream. What Investors Need to Know

Crypto, Money

Bitcoin Is Going Mainstream. What Investors Need to Know

As Bitcoin becomes entrenched, it may only get harder for regulators to restrain. Its growing acceptance as an alternative investment or transaction currency is far outpacing regulatory controls. That, in turn, could improve the investment case for owning it, according to Piper Sandler.

“Many investors view this scale as a safeguard against potentially overbearing regulations from governments in the developed world,” Piper says. Investing in Bitcoin, the firm adds, is a “quasi call option for both individuals and institutions on this new and potentially disruptive technology.”

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