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#Dex #uniswap #trading 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 🗻 Get The Top Deals In Crypto 👉 https://guy.coinbureau.com/deals/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau 📺 Uniswap 👉 https://rumble.com/v31q8bg-uniswap-guide-and-why-its-the-top-dex-.html 📺 Yield Farming 👉 https://rumble.com/v31q9v4-yield-farming-maximising-defi-gains-.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 1:33 What is a DEX? 5:08 Uniswap 10:02 Curve Finance 15:02 Balancer 19:33 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Uniswap: https://app.uniswap.org/ ► Curve Finance: https://www.curve.fi/ ► Balancer Exchange: https://balancer.exchange/ ► Uniswap Docs: https://uniswap.org/docs/v2/ ► Curve Docs: https://www.curve.fi/devdocs ► Balancer Docs: https://balancer.finance/whitepaper/ ► Decentralised: https://www.getsmarter.com/blog/market-trends/how-decentralised-exchanges-will-affect-the-cryptocurrency-market/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 🤔 What is a Dex? 🤔 A Dex is a platform where you can exchange two different cryptocurrency without the need for a centralised entity. They are non custodial and trustless. These Dexs are also built as decentralised applications or dApps. This means that in order to interact with them you will have to use a web 3.0 wallet on your browser. These include the likes of Metamask, Trust wallet, Coinbase wallet etc. You always remain in control of your keys. You and you alone can determine exactly what you want to do with your crypto. Another benefit of these decentralised exchanges is that they are anonymous. You don't have to submit any KYC.. One more benefit of these decentralised exchanges is the opportunity to earn income yourself. You can do this by providing liquidity to their trading pools. 1️⃣ Uniswap 1️⃣ It it a decentralised exchange that has done away with the concept of order books entirely. It is what is termed an Automated Market Maker. When you want to trade on Uniswap, you will enter the amount that you would like to trade and Uniswap will provide a rate. This exchange is facilitated through the use of global liquidity pools for ERC20 assets. At Uniswap, you can also provide liquidity to the pools that other traders can use in order to faciliate the transactions. As a liquidity provider at Uniswap, you will get a share of those liqudity provider fees that they charge all of their traders. If you are supplying liquidity to a pool on uniswap then you run the risk of "impermanent" loss. This is basically a term that is used to describe the opportunity cost you could incur due to a relative change in the composition of your pooled funds. 2️⃣ Curve Finance 2️⃣ Curve Finance is a Decentralised Exchange that makes use of liquidity pools. However, it facilitates high liquidity with minimal slippage for stablecoins. This is possible through the use of what are termed 'Bonding curves'. There is Dex function on the homepage where you can quickly exchange your stablecoins and wrapped Bitcoin assets. Much like at Uniswap, when you supply liquidity to a pool, you are providing users with an opportunity to swap their tokens one for another. However, an interesting thing to note about doing so on Curve is that you don't have too much risk from impermenant loss If you head on over to the Curve Finance homepage then you will see all of the liquidity pools at the moment to which you can join. Curve has also just released their own Governance token (CRV). These CRV rewards are distributed to all of those that are supplying liquidity. 3️⃣ Balancer 3️⃣ Balancer is a dex and crypto asset management platform. It acts as an automated portfolio manager, liquidity provider, and price sensor. One of the main benefits of Balancer is the way that they approach that problem of impermenant loss. Users can deposit any asset that they desire and still earn liquidity trading fees on it. They can also adjust their allocations to suit their own individual needs. Balancer has their own BAL governance tokens that they have also been distributing as a reward for providing liquidity. Balancer also has an advanced decentralised exchange which allows you to swap these assets with minimal slippage. They use smart order routing in order to find the best pairs to execute your order through. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Defi #Dex #Yieldfarming #uniswap #curve #balancer #crypto #Ethereum #trading

#uniswap #crypto #defi 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 🗻 Get The Top Deals In Crypto 👉 https://guy.coinbureau.com/deals/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau 📺 Compound Finance Vid 👉 https://rumble.com/v31q6kg-compound-finance-review-defi-unleashed.html 📺 Uniswap Vid 👉https://rumble.com/v31q8bg-uniswap-guide-and-why-its-the-top-dex-.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 1:43 What is Yield Farming? 4:50 Compound Yield Hacking 7:16 Earning Comp Tokens 10:14 "Arbitrage" Yields 11:15 Liquidity Mining / Pool Tokens 13:05 Liquidity Mining with sBTC 15:10 Risks of Yield Farming 17:06 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links & Sources 🔗 ⛓️ ► Compound Finance: https://compound.finance/ ► Instadapp: https://instadapp.io/ ► Curve Finance: https://www.curve.fi/ ► Mintr on Synthetix: https://mintr.synthetix.io/ ► DefiRate: https://defirate.com ► sBTC Yield Farming: https://blog.synthetix.io/btc-yield-farming-pool/ ► Compound Proposal: https://compound.comradery.io/post/1762 ► bZx Attack: https://cointelegraph.com/news/are-the-bzx-flash-loan-attacks-signaling-the-end-of-defi ► Balancer Disclosure: https://medium.com/balancer-protocol/incident-with-non-standard-erc20-deflationary-tokens-95a0f6d46dea ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 🤔 What is Yield Farming? 🤔 It's a pretty broad term that refers to chasing yield in the DeFi space. Basically, allocating crypto to lending, borrowing and liquidity pool opportunities and using interoperable protocols to enhance that yield. These are provided through a number of dApps which I am sure many of you have already heard of. dApps and platforms such as: - Compound finance - Maker Dao - Uniswap - Synthetix 👨‍🌾 Comp Yield Farming 👨‍🌾 Compound finance is a decentralised lending platform where people are matched through smart contracts. In order to incentivise use they disbursed these Comp tokens. This was based on the interest rate charged on the loans. People were encouraged to lend more to earn. This meant a higher interest rate could be subsidized with Comp tokens. Those who are lending would also earn COMP tokens so they were also incentivised to do it. Those lenders would then use the funds that they had deposited as a method to take out a flash loan and earn themselves more COMP. They would also then take these flash loan funds and use them in order to generate further yield by lending again This allowed these farmers to earn yield in excess of 100%. However, given a recent governance change, this mechanism has been adapted. Yield farming can still be done over on instadapp where you can provide lending to other pools. 🌽 Arbitrage Yields 🌽 Given that there are different lending protocols and markets, you can "arbitrage" out the relative yield difference between these pools and use that in order to earn those governance tokens. This includes on platforms such as Aave, MakerDao, Compound etc. You can see a full overview of the different rates on the lend / borrow side over on sites such as Defirate which break things down quite well. 👩‍🌾 Synthetix Yield Farming 👩‍🌾 You can provide liqudity to pools of Synthetix's Synthetic tokens over at Curve Finance. These are either for the sUSD stablecoin pool (with USDC, USDT, DAI) or to the synthetic Bitcoin pool. This will require you to sned your sUSD, WBTC or renBTC over to a curve finance pool. You will then earn liquidity pool tokens and rewards from balancer pool and Curve when they go live. The benefit of using these Bitcoin tokens over USD backed tokens is that you don't have to give up your upside on the Bitcoin in order to earn yield on your Bitcoin. ⚠️ Risks ⚠️ There are risks from yield farming and these come from smart contract vulnerabilities. There have been a number of cases where this has already happened. A few months ago you had that flashloan attack that took advantage of bZx, fulcrum and a few other protocols. A few days ago you had an attack on one of the Balancer pools. This was quite a sophisticated attack that again used flash loans to take out a considerable position of wETH to trade against the Statera investment token. You also have the edge risks that come from black swan events which can lead to liquidations in pools and vaults. This happened in the MakerDao vaults back in March. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #defi #yieldfarming #Ethereum #crypto #compoundfinance #Synthetix #uniswap #flashloan

#uniswap #trading #exchange 🔥 TOP Crypto TIPS In My Newsletter 👉 https://signup.coinbureau.com/newsletter 🗻 Get The Top Deals In Crypto 👉 https://www.coinbureau.com/deals/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau 📺 dYdX Video 👉 https://rumble.com/v31q7m6-dydx-why-its-the-top-trading-dex-.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 1:36 What is Uniswap? 3:50 Platform Overview 6:48 Performing a Live Swap 8:42 Pooling Funds 12:09 Pooling Strategies 13:00 Uniswap Analytics Website 14:27 Uniswap Version 2 Updates 17:08 Flash Swap Features 18:07 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Project Links 🔗 ⛓️ ► Website: https://uniswap.exchange/ ► Main Website: https://uniswap.org/ ► Data Website: https://uniswap.info/ ► Docs: https://uniswap.org/docs/v2 ► GitHub: https://github.com/Uniswap ► Whitepaper: https://github.com/Uniswap ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📰 Resources 📰 ► Uniswap Review: https://www.coinbureau.com/review/uniswap-uni/ ► Flash Loan Attack: https://www.coindesk.com/tech/2020/02/19/everything-you-ever-wanted-to-know-about-the-defi-flash-loan-attack/ ► Paradigm Backing: https://finance.yahoo.com/news/paradigm-backs-decentralized-exchange-protocol-184824051.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cueW91dHViZS5jb20v&guce_referrer_sig=AQAAANqb7S90WSK8vi10hZOLGHU-a1U9hyta3OzsUGwadzywj8hlaiSCY3IdCC1dod_dXs383NomnBY-1VV8zweUsEX_CJ9UR--s4zW00MryFblpGn_9P0lgJ_lur9q71cnb6tnLYt3InBH0i2v1O6EeQGuaFPpu7I2ZbxyQxrtTfXgt ► Defipulse: http://defipulse.com/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Uniswap Overview 📝 Uniswap is a decentralised application or dApp that facilitates the onchain exchange of ERC20 tokens. It is more colloquially known as a decentralised exchange or a Dex. You control your keys and you do not have to rely on another third party to operate with honesty when facilitating a transaction. Trading is all done through a Web 3.0 wallet like a Metamask or a ledger that connects through the browser. Your wallet will use the Uniswap smart contracts in order to interact with the Etheruem network and confirm the operations. It's fully open source and last year they raised some seed funding from Paragigm ventures. Uniswap has seen an explosion in trading activity and volumes. Uniswap just recently released version 2 of their protocol. This has a number of exciting features and improvements over the first iteration of the platform. 📈️ Uniswap Features 📈 Pricing at Uniswap works a bit differently in than on other exchanges. It comes down to three things: - Liquidity provider fees (you will be charged a 0.3% fee) - Slippage (amount by which the price will change) - Price Impact (order is likely to move price) These features will update the final price that you are likely to get on your trade but it is not *guaranteed*. You can set your max slippage tolerance and if the trade goes beyond this point then it will not be executed. 💻 Functionality 💻 You have three main functions at Uniswap. These are the swap, send and the Pool. When you are swapping you are making an exchange on chain between two different ERC20 tokens. When you use the send, you can send someone else another ERC20 token that you do not hold. This conversion is done over at uniswap initially. Pool allows you to commit your own tokens to provide a liquidity pool for other traders to trade and you can take part in the trading fees (0.3% split between). If you are going to be providing liqudity to the pool then you also have to have a bit of strategy as to how you do it. You will only want to be providing liquidity to those that token pairs that you expect a whole host of trading volume. You can use the analytics website to get an idea of which pools need demand and which are already quite full. If you are going to swap and version 2 does not have the liquidity then you can still use version 1 as it is live for as long as Etheruem is. 👨🏼‍💻 Version 2 Features 👨🏼‍💻 With Uniswap version 2, their oracle design should be resistant to these type of flash loan attacks. They are looking to implement a time weighted oracle service that could make it harder to shift prices in a short period. Flash swaps which have similar functionality to flash loans. These allow users to borrow as many ERC20 tokens as they want with no upfront cost and then use these tokens to do whatever they want. This is all as long as at the end of the transaction, they return the funds. The real opportunity here is that in-between step where users can do whatever they want with the funds. So, if you see that there is a mispricing on some other protocol and you want to take advantage or "arbitrage" out that mispricing then you can do that. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #uniswap #ethereum #ETH #trading #erc20 #swap #exchange

#dex #dydx #trading 🔥 TOP Crypto TIPS In My Weekly Newsletter 👉 https://signup.coinbureau.com/newsletter 📲 Join The Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🙏🏻 BTC Tipjar 👉 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 1:39 What is dYdX? 3:20 Margin Trading Features 6:40 Lending on dYdX 7:50 Borrowing on dYdX 9:25 Margin Trading Walkthrough 12:23 Trading & Lending Walkthrough 13:47 Borrowing Walkthrough 14:43 Fees on dYdX 16:30 Trading Bots at dYdX 20:15 dYdX vs. DAI vs. Synthetix vs. Compound Finance ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📺 Other Videos 📺 ► Multicollateral DAI: https://rumble.com/v31q53k-dai-review-why-its-the-best-stablecoin.html ► Synthetix: https://rumble.com/v31q5u0-synthetix-review-defi-gem-for-2020-.html ► Compound Finance: https://rumble.com/v31q6kg-compound-finance-review-defi-unleashed.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Project Links 🔗 ⛓️ ► Website: https://dydx.exchange/ ► GitHub: https://github.com/dydxprotocol/ ► Docs: https://docs.dydx.exchange/#/ ► Twitter: https://twitter.com/dydxprotocol ► Telegram: https://t.me/joinchat/GBnMlBb9mQblQck2pThTgw ► Blog: https://medium.com/dydxderivatives ► Reddit: https://www.reddit.com/r/dydxprotocol/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📰 Resources 📰 ► DeFi Pulse: https://defipulse.com/ ► MakerDAO: https://makerdao.com/en/ ► Synthetix: https://www.synthetix.io/ ► Compound Finance: https://compound.finance/ ► Liquidation Money: https://medium.com/dragonfly-research/liquidators-the-secret-whales-helping-defi-function-acf132fbea5e ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 dYdX Overview 📝 dYdX is a non-custodial decentralised crypto exchange or Dex. You can lend, borrow and trade on margin. It's an open source trading protocol that was built on the Ethereum protocol and is powered by smart contracts. Given that it is non-custodial, it means that no one else but you are in control of your private keys. Trading is done by connecting your Ethereum wallets to the exchange. It was started back in 2017 who raised over $10 million in seed funding from some well known VC funds. It went live in 2019 and there is currently just under 19 million dollars locked into the protocol. 📈️ Dex Margin Trading 📈 At dYdX the protocol is open source. Fully auditable smart contracts adjust leverage ratios, free up margin and if need be - liquidate positions. You have isolated and then you have cross margin at dYdX. Isolated margin is the mechanism that you are most likely quite familiar with. It is where you will "isolate" a particular amount of your funds as part of a trade with a specific leverage level. However, cross margin is something different. This utilises all assets that you have in your account. It takes into account your combined position in your account when determining leverage and limits. When it comes to trading pairs, you have ETH DAI, ETH USDC and DAI USDC. 🤝 Lending 🤝 When you are lending your crypto out on dYdX, it is being lent out to other users on the platform and you are earning an interest on that deposit. This interest is earned on a continuous basis. This is also relatively risk-free lending because the dYdX protocol ensures that the borrowers are overcollateralized. There are no restrictions on the deposits. 💰 Borrowing 💰 Borrowing on dYdX can be done up to a minimum collateralization ratio of 125%. Anything below this level and you cannot borrow anymore crypto. And, once that ratio hits 115%, your trade will be liquidated. Those who are liquidated will have to pay a liquidation fee of 5% . This is done in order to make sure borrowers keep their accounts well collateralised and firmly above the liquidation level. 👨‍💻️ Trading Fees 👨‍💻 Trading used to be free up until recently. However, given gas costs the team has instituted a maker taker fee schedule. This could help them cover some of these costs. Those who are making markets and providing liquidity will get a lower rate than those who are taking it off the book. In the case of dYdX, makers will have 0 fees and takers will be charged a few percentage points. 🤖 Trading Bots 🤖 dYdX has built pretty simple client and trading API that will allow you to build trading bots. Much like you can build bots that interact with the large centralised exchanges, you can develop them here to trade on-chain at dYdX. You can also develop a bot that can help with position liquidation. This means that you can make up to 5% helping to liquidate those positions that are undercollateralised. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #dydx #defi #dex #trading #erc20 #swap #exchange #ethereum

#crypto #defi #regulation 📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/ 🛒 Get The Hottest Crypto Deals 👉 https://guy.coinbureau.com/deals/ 👕 "Bitcoin Believe" Shirt 👉 https://store.coinbureau.com/product/... 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ ~~~~~ 📺Essential Videos📺 DeFi Regulatory Risks 👉 • DeFi's Regulatory... Stablecoin Collateral Crackdown 👉 • Stablecoin Collat... How To Research Cryptocurrencies 👉 • HOW TO DYOR: My C... Crypto Tax Tips 👉 • Crypto Tax Tips: ... ~~~~~ - TIMESTAMPS - 0:00 Intro 1:47 About The Author 2:53 What Is The FATF? 4:17 The FATF’s “Recommendations” 6:09 Why Is The FATF So Influential? 8:26 What Will Happen In October? 10:59 Cryptocurrencies Which Could Benefit 13:27 How To Prepare 16:39 Conclusion ~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Reddit Post About FATF Crypto Crackdown: https://www.reddit.com/r/CryptoCurren... ► The Decentralized Legal System: https://decentralizedlegalsystem.com/ ► Wesley Thysee Twitter: https://twitter.com/Decentral_Law ► FATF Crypto Travel Rule Introduced: https://cointelegraph.com/news/not-ev... ► Uniswap Delists Cryptocurrencies: https://cointelegraph.com/news/uniswa... ► Uniswap Hints KYC: https://twitter.com/ChrisBlec/status/... ► Grayscale’s Existing Crypto Trusts And Cryptos Under Consideration: https://grayscaleinvest.medium.com/up... ► Crypto Ratings Council Securities Classification: https://www.cryptoratingcouncil.com/a... ► ThorChain Cross Chain DEX Explained: https://www.coinbureau.com/review/tho... ~~~~~ 👨‍💻About The Reddit Post Author👨‍💻 A lot of the information in this video came from content created by Wesley Thysse who is actually the author of the Reddit post which inspired this video In addition to having a tax law firm of his own, Wesley is the founder of The Decentralized Legal System, an organization that aims to create a comprehensive international legal framework for crypto 👨‍🏫What Is The FATF?👨‍🏫 The FATF’s original purpose was to prevent money laundering in most major economies around the world. Like all governmental initiatives, the scope of their operations has only expanded since then Following the news that Facebook was planning on launching the Libra stablecoin in 2018, the FATF adopted a mandate to ‘combat any threats to the integrity of the international financial system’ ⚖The FATF’s Cryptocurrency “Recommendations”⚖ Just a few months after the new mandate, the FATF decreed that all virtual asset service providers or VASPs must collect KYC on all its users as per the infamous ‘travel rule’ For those unfamiliar, the FATF travel rule requires that the sender and recipient in any transaction over a certain amount to be identified in the name of AML 🕵️‍♂️Why Is The FATF So Influential?🕵️‍♂️ If you’re wondering why the FATF’s recommendations are so influential, it’s because any countries that don’t comply are put on the FAFT’s ‘graylist’ or worse, their ‘blacklist’ As Wesley and others have pointed out, the FATF’s recommendations have the power to supersede any national laws and undermine the democratic processes by which those laws come to be 😱What Will Happen To Cryptocurrency In October?😱 For starters, cryptocurrencies will not be banned because of the FATF’s recommendations, not even privacy coins, peer to peer transactions, mixers, or any other technologies that preserve privacy Instead, the FATF will label all these things and anything else that doesn’t involve a regulated intermediary as ‘high risk’. Over time, these activities will be banned 🤑 Cryptocurrencies That Could Benefit🤑 By forcing everyone involved in crypto to comply with KYC, it suddenly makes cryptocurrency investing a sanctioned course of action for both public and private institutions ✊How To Prepare ✊ That it’s very unlikely that we’ll see any changes happen overnight. History suggests that the FATF’s recommendations will take a very long time to implement, much less enforce Stablecoins will likely be the first to fall as they pose the greatest threat to the integrity of the existing financial system according to the FATF. ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #crypto #regulation #defi #fatf

#crypto #binance #blockchain 🔥 TOP Crypto TIPS In My Weekly Newsletter 👉 https://signup.coinbureau.com/newsletter 📺 Video on Stablecoins 👉 https://rumble.com/v31q3ck-top-stablecoins-compared-side-by-side.html 📺 Video on MakerDAO 👉 https://rumble.com/v31i2yg-makerdao-review-complete-mkr-overview.html 📲 Join The Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🙏🏻 BTC Tipjar 👉 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 1:17 What is a Stablecoin? 2:50 Types of Stablecoins 4:42 Background to DAI 6:04 Mechanism to Maintain Peg 9:00 Liquidation Mechanisms 12:30 Historical Performance 13:21 Multicollateral vs. Single Collateral 15:21 Using the Oasis DeFi Hub 17:48 DAI Markets & Trading 18:28 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📖 Project Resources 📖 ► What is DAI: https://www.coinbureau.com/education/what-is-dai-coin/ ► MakerDao Website: https://makerdao.com/en/ ► Whitepaper: https://makerdao.com/en/whitepaper/ ► Oasis Hub: https://oasis.app/ ► Migration Tool: https://migrate.makerdao.com/ ► Developer Docs: https://docs.makerdao.com/ ► Blog: https://blog.makerdao.com/ ► Twitter: https://twitter.com/MakerDAO ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 🔗 Helpful Links 🔗 ► Migration Guide: https://blog.makerdao.com/looking-ahead-how-to-upgrade-to-multi-collateral-dai/ ► Launch of MCD: https://blog.makerdao.com/multi-collateral-dai-is-live/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Project Overview 📝 DAI was launched in 2017 and was developed by the folks over at Maker. Maker is trying to develop a line of decentralised stablecoins that will be tied to other assets. They have issued two tokens namely the Maker MKR and the DAI stablecoin. DAI is able to maintain the peg through a careful balance of economic incentives and game theory. Given that the DAI stablecoin is an ERC20 token, this means that you can easily store and transfer it like any other Ethereum based token. ⚙️ Technology ⚙️ Users can borrow DAI by placing their cryptocurrency into what the Maker team calls a 'Vault'. Currently, the collateral can be Ethereum or Brave's BAT token. If there are any deviations from the one dollar peg then the user can either issue DAI or redeeem it easily. This will then see them making a profit on the arbitrage opportunity that opened up. The incentive mechanism also means that the economics adjusts the supply & demand in the market in order to balance the outstanding DAI. The MakerDAO vaults are also overcollateralised which means that there will be more etheruem in the vault than DAI outstanding. 💰️ Multicollateral vs. Single Collateral 💰 The main benefit of MCD is that you could use more than just ETH in the CDPs. You could also use Bat tokens and they are assessing the possibility of other tokens such as Augur's Rep. There is also that name change from CDP to 'Vaults'. You also have the multicollateral variant adopting the DAI ticker whereas the single collateral type will now be SAI. You also have some changes to the stability fee. With the single collateral DAI, these were paid in Maker tokens. Now, with the launch of MCD, these stability fees can be paid in DAI. You also have something called the DAI savings rate or DSR. As the name implies, this is a method through which DAI holders can earn returns on their stablecoin. 👨‍💻️ DeFi Hub 👨‍💻 The DeFi hub brings together three key features of the Maker ecosystem into one simplistic user experience. You have Oasis Trade, Oasis Borrow and Oasis Save. Oasis Trade is basically a Decentralised exchange that allows you to trade your DAI for other ERC20 tokens such as Ethereum and Augur's REP. Oasis Borrow is where you can unlock DAI by creating a vault. Through this interface you can borrow the DAI by locking up Ethereum or BAT. The savings part of the hub is where you can lock up your DAI and earn the savings rate that is currently set at 8%. 📈 Trading & Wallets 📈 DAI is a pretty popular stablecoin and is listed on a number of exchanges. Some of the best exchanges for you to trade it are Coinbase Pro, Kraken and Binance. There is volume on a number of other exchanges as well. You have pretty decent liquidity across all of these exchanges. Given that the DAI is an ERC20 token you can use any wallet that supports Etheruem. There is quite a list of them but your best bet is probably to go with a hardware wallet like a ledger nano or a trezor. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #DAI #Stablecoin #crypto #makerdao #Review #ethereum #blockchain #erc20 #binance

#mining #crypto #Bitcoin 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 🛒 20% Binance Discount 👉 https://guy.coinbureau.com/binance/ 👕 My Merch Store 👉 https://store.coinbureau.com 📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/ ~~~~~ 📺Essential Videos📺 Lars Dittmar Debunks Crypto Climate FUD 👉 • Bitcoin: Final Na... Bitcoin vs. Gold 👉 • DON'T Buy Gold!! ... Fiat Currency Ponzi Scheme 👉 • Worst Ponzi EVER!... What Happens When All Bitcoin Is Mined 👉 • Cardano: ADA Run ... ~~~~~ - TIMESTAMPS - 0:00 Intro 2:01 Crypto Mining Explained 4:48 Bitcoin Mining Climate Claims 8:41 Bitcoin Mining Energy Use 10:55 Green Energy Bitcoin Mining 13:58 The Real Cause Of Climate Change? 16:54 Conclusion ~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Bitcoin Mining Map: https://cbeci.org/mining_map ► Full 2018 Article From Nature Climate Change Journal: https://www.researchgate.net/publicat... ► Bitcoin Mining Energy Consumption Estimate: https://www.bbc.com/news/science-envi... ► Gold Mining Energy Use: https://www.forbes.com/sites/lawrence... ► Square Report On Bitcoin Green Energy Mining: https://assets.ctfassets.net/2d5q1td6... ► 70%+ Of Bitcoin Miners Use Renewable Energy: https://www.coinbase.com/learn/crypto... ► Bitcoin Miners Reusing Heat Energy: https://braiins.com/blog/green-innova... ► Jeff Booth Discusses Inflation & Climate Change, How Bitcoin Fixes It: • Bitcoin is the ke... ~~~~~ ⛏Crypto Mining Explained⛏ Proof of work is essentially meant to simulate real world resource mining in a digital way with complex equations, hence why cryptocurrency is ‘mined’ by specialized computers called ‘miners.’ There are over 1 million Bitcoin miners around the world, and that’s in addition to the millions of miners processing transactions for other proof of stake cryptocurrency networks like Ethereum and Litecoin. All this cryptocurrency mining is using a lot of energy and this has many people concerned about the effect cryptocurrency mining could be having on the climate. 🕵️‍♂‍Bitcoin Mining Climate Claims🕵️‍♂‍ Although concerns about crypto’s effect on the climate have been around since Bitcoin began back in 2009, it wasn’t until the 2017 crypto market boom that these concerns started to make the news. Many of the headlines we see today are almost identical to the ones we saw back then, and most of the statistics cited by today’s and yesterday’s crypto climate critics all come from a single source. This source is an academic article published in 2018 to nature’s climate change journal. It argues that emissions from Bitcoin mining alone could increase the global temperature by 2 degrees. When you consider Bitcoin’s comparatively small energy consumption on the global scale, the numbers from this article don’t add up. ⚡Bitcoin Mining Energy Use⚡ Nobody is actually sure how much energy Bitcoin mining uses. The University of Cambridge estimates it could be anywhere between 40 and 440 terawatts per year. For context, the Netherlands uses 121 terawatts of energy per year, Argentina uses 300 terawatts, and the United States uses a whopping 4000 terawatts. Bitcoin is not a country, it is a financial system, and when you compare apples to apples, cryptocurrency offers the most energy efficient financial system in the world. ☀Green Energy Bitcoin Mining☀ Cryptocurrency mining has accelerated the growth of green energy. This is because miners go to where power is the cheapest, because cheaper power means more profits. As it so happens, renewable energy sources like wind, solar, geothermal, and hydroelectric cost half as much as coal and natural gas. While the University of Cambridge estimates 40% of all Bitcoin miners use renewable energy, recent statistics suggest this figure could be as high as 70 percent. 👀The Real Cause Of Climate Change?👀 In his book ‘The Price of Tomorrow’, Jeff Booth argues that the common denominator in the world’s environmental woes is actually inflation. This is because inflation incentivizes spending over saving, which creates unnecessary consumption, waste, and energy usage. By contrast, Bitcoin is deflationary and incentives saving. ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Bitcoin #BTC #mining #climate #crypto

#Tether #trading #USDT ► Top 8 Stablecoins: https://www.coinbureau.com/analysis/best-stablecoins/ ► DAI Overview: https://www.coinbureau.com/education/what-is-dai-coin/ ► USDC Overview: https://www.coinbureau.com/education/what-is-the-usdc-stablecoin/ ► PAX Overview: https://www.coinbureau.com/review/paxos-standard-pax/ ► Tether Overview: https://www.coinbureau.com/education/what-is-tether-usdt/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 1:00 Introduction 2:39 1️⃣ USD Coin (USDC) 5:27 2️⃣ Paxos Standard (PAX) 6:48 3️⃣ Dai Stablecoin (DAI) 9:30 4️⃣ TrueUSD (TUSD) 11:38 5️⃣ Tether (USDT) 14:00 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Website Links 🔗 ⛓️ ► Centre Consortium Website: https://www.centre.io/ ► Paxos Website: https://www.paxos.com/pax/ ► MakerDao Website: https://makerdao.com/en/ ► TrustToken Website: https://www.trusttoken.com/ ► Tether Website Website: https://tether.to/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📱️ Helpful Links 📱 ► Tether 74% Backed: https://bit.ly/2PA4MFG ► Bloomberg Businesweek Article: https://bloom.bg/34BschS ► Bloomberg Bitfinex Issues: https://bloom.bg/2M9kLIv ► How DAI Stablecoin Works: https://medium.com/tokenanalyst/measuring-maker-dai-stability-f74c23108128 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1️⃣ USD Coin 1️⃣ USDC is one of the largest stablecoins in regards to market capitalization. You’ll usually find it hovering around the top 30 of all coins on CMC. The coin has seen significant growth since launching in 2018. It was launched by the Centre Consortium, a collaboration of Circle Internet Financial and Coinbase. USD Coin is backed by a 1:1 fiat currency reserve, which is regularly audited to confirm that proper reserves are available in the appropriate escrow accounts. USD Coin is an ERC-20 token on Ethereum’s blockchain. As a result, the tokens are easily integrated with Smart Contracts, which lends itself well to lending, investing, payments, and trading. It’s centrally controlled. You have to place your trust with Circle and Coinbase, which some people are hesitant to do. 2️⃣ Paxos PAX 2️⃣ Paxos started out as an exchange in 2012, but moved toward offering crypto services and products in 2015. A few years later, in September of 2018, PAX coin launched. PAX has a regular audit to ensure that the company has a reserve balance that lines up with the number of PAX coins in circulation. PAX typically resides comfortably within the top 50 of all cryptocurrencies based on market capitalization, and is usually one of the top five stablecoins on the market. PAX was also issued on the Ethereum blockchain which means that it is an ERC20 token. 3️⃣ MakerDAO DAI 3️⃣ DAI is not issued by any centralized authority, and the project does not have control over the coin. DAI does not use fiat currency to back it. The stablecoin uses smart contracts, which are backed by collateralized crypto debt. DAI is created when a Collateralized Debt Position is created, which locks Ethereum into a smart contract. The contract holds the staked coins, creates DAI, which can then be unlocked at a later time using DAI. DAI was built by the MakerDAO development team on the Ethereum blockchain. As a result, the stablecoin is secure, verifiable, and most of all, decentralized. 4️⃣ TrueUSD 4️⃣ TrueUSD maintains a 1:1 ratio of its digital coins to the fiat currency it holds in reserve. TrueUSD also offers complete disclosure regarding how much USD it holds in its reserves. TrustToken partners with many banks and accounting companies. These partnerships often require third-party auditors to confirm balances, which the company releases to its users. You’ll typically find TrueUSD in the top fifty of all cryptocurrencies in regards to market capitalizaiton TrustToken also offers TrueGBP, TrueCAD,TrueHKD and TrueAUD. It’s also an ERC20 token so you will find it just as easy to send or store as the others we have mentioned. 5️⃣ Tether USDT 5️⃣ Tether was one of the first stablecoins and remains one of the most popular. It's usually in the top 5 in terms of market cap and has extensive market liquidity. Tether is also quite a controversial coin as there have been many who have questioned whether it is fully fiat backed. There are also concerns that Bitfinex may be tied to it. Despite some trying times in 2017 and 2018, it has always managed to bounce back to the dollar peg. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Stablecoins #crypto #DAI #Ethereum #Review #ERC20 #PAX #USDT #Tether #Makerdao #TUSD #trading

#Crypto #PAX #blockchain ► Our long form review here: https://www.coinbureau.com/review/paxos-standard-pax/ ► DAI Overview: https://www.coinbureau.com/education/what-is-dai-coin/ ► Gemini Dollar: https://www.coinbureau.com/education/what-is-gemini-dollar/ ► USDC: https://www.coinbureau.com/education/what-is-the-usdc-stablecoin/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links 🔗 ⛓️ ► Paxos: https://www.paxos.com ► PAX User Guide: https://www.paxos.com/user-guide/ ► Paxos Standard: https://paxos.com/wp-content/uploads/2019/02/PAX_Whitepaper.pdf ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📱️ Socials 📱 ► Official Blog: http://www.medium.com/paxos ► Twitter: https://twitter.com/paxosglobal ► Facebook: https://www.facebook.com/PaxosGlobal/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Overview 📝 Paxos is a stablecoin fully backed by the US dollar and one that is issued by a NY regulated trust company. The PAX token is an ERC20 standard token which means that it is built on the Ethereum blockchain. They are redeemable for exactly 1 US dollar per PAX token. There has been a pretty rapid adoption of PAX by a raft of exchanges post launch. For example, they are listed on 25 cryptocurrency exchanges and have also been adopted by a number of OTC dealers. They are competing with the likes of Gemini Dollar, the USDC, Tether USDT and TrueUSD. It will be interesting to see whether any of these tokes can really take on the likes of Tether. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Crypto #PAX #PaxosStandard #blockchain #Review #Token #Stablecoin #Crypto

#Tesla #wallstreet #stocks 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 🗻 Get The Top Deals In Crypto 👉 https://guy.coinbureau.com/deals/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau 📺 Fat Protocol Video 👉 https://rumble.com/v31i8e0-this-is-why-ethereum-is-super-valuable-.html 📺 Ethereum 2.0 Potential 👉 https://rumble.com/v31ic0a-why-eth-could-explode-with-ethereum-2.0-.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 2:00 Which is more volatile? 4:59 Tesla Overvalued? 7:16 Earnings Growth Potential 11:23 Bitcoin Investment Cases 15:00 Inflation Hedge 17:28 Value of Ethereum 20:05 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Accounting Ratios: https://www.investorsunderground.com/stock-market-fundamentals/accounting-ratios/ ► Stock to Flow Model: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25 ► Fat Protocol: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25 ► Automotive Multiple: https://www.macrotrends.net/stocks/charts/GPI/group-1-automotive/pe-ratio ► Etheruem 2.0 Staking Rewards: https://www.stakingrewards.com/earn/ethereum-2-0/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 😱 More Volatile? 😱 Over the past 30 days, the rolling volatility on Tesla stock has been about 70%. By contrast, the 30 day realised volatility on Bitcoin is only at 28%. Taking a look at forward looking volatility through option implied vol, TSLA is over 104% whereas Bitcoin is only about 50%. Tesla is a much riskier asset to hold than Bitcoin. Not only on a basis of historical performance but also based on what volatility is expected. 🤔 Tesla Overvalued? 🤔 At Tesla, based on expected adjusted EPS for 2020 of $4.43, the Forward PE ratio is over 339 times. Other cars only have 6.87x Some people may counter that Price-to-Earnings is not the best multiple to use for this. They claim that Price-to-sales is a better measure as Tesla is more of a "tech" company. Based on an estimated sales projection, Tesla has a forward price to sales ratio of about 10.2 times. Amazon has a 4.3 times price to sales ratio. Google has a 6.9 ratio. 📈 Tesla Growth Realistic? 📈 Hybrid Vehicles are much cheaper than BEVs and could provide a cost-effective way for people to buy an environmentally sustainable car. Or even if people were dead set on getting a BEV, could they not opt for a cheaper car. Economies of scale at the gigafactories could come but this is assuming that Tesla can replicate the Shanghai gigafactory in countries such as Germany. In Germany there are strong trade unions which could increase prices There is also concerns about the long term macroeconomic impact that could come from a second wave of Covid 19. If this were the case then people could be less likely to buy a BEV. Finally, you also have to consider that government subsidies will not be as generous given the amount of money to fight covid. 💸 Bitcoin Potential 💸 Bitcoin is a rare asset that has a supply limited to 21 million BTC. This means that like a commodity, there is very little of it to go around. You can value price projections of Bitcoin based on the stock to flow model. It looks at a ratio of how much Bitcoin is hitting the market (flow) and the current outstanding bitcoin (stock). The S2F value for Bitcoin is increasing as it goes through its halving stages and the flow of new bitcoin hitting the exchange drops. Bitcoin also has an added benefit in that it can be seen as an inflation hedge. As governments spend more money, this money is likely to flood the market and lead to higher prices. This includes stock prices like Tesla. However, Bitcoin is limited in supply and hence cannot have it's purchasing power eroded. 💸 Ethereum Potential 💸 Ethereum is valuable according to the "Fat Protocol" theory. ETH is valuable because the more that the network is used, the more demand that there is for the cryptocurrency that powers said network. A lot of this value is driven by that explosive growth in DeFi which means a whole lot of use on the protocol. You also have the upcoming launch of Ethereum 2.0 which will introduce staking and mean a regular return on ETH holdings (better than stocks that don't pay dividends). Staking is only one component of Etheruem 2.0. When it launches you will also have effeminacy improvements which could make it alot more usable and hence increase its value according to the Fat protocol theory. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Tesla #Bitcoin #btc #crypto #stocks #tsla #wallstreet #trading

#scaling #ALGO #crypto 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 🏆 My $2.5K Trading Comp & Deals 👉 https://guy.coinbureau.com/deals/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 1:55 What is Algorand? 3:19 The Blockchain Trilemma 4:45 Current Consensus Protocols 7:45 Algorand Consensus 10:04 Algorand 2.0 12:33 Team & Investors 14:07 ALGO Tokenomics 18:26 Price Potential 20:40 Final Thoughts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Algorand Website: https://www.algorand.com/ ► Algorand Protocol: https://algorand.com/technology/algorand-protocol ► ALGO Dynamics: https://www.algorand.foundation/tokenomics ► ALGO Developer Resources: https://developer.algorand.org/ ► Algorand Community Site: https://community.algorand.org/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 What is Algorand? 📝 It is a scalable, secure and decentralized cryptocurrency and smart contract platform. The main benefit of this is that Algorand's technology finalizes blocks in seconds and provides immediate transaction finality while preventing forks. Furthermore, Algorand offers highly-customizable smart contracts, Asset Tokenization, and Atomic Transfers built directly in Layer-1. They are based in Boston and it was founded by a Turing award winning MIT professor called Silvio Micali. 💭 Blockchain Trilemma 💭 This is the notion that a blockchain cannot scale in a decentralised and secure way. This is the tradeoff that many blockchains may find themselves in as they are often tied together. Blockchains that are currently struggling to scale like this include the likes of Etheruem. 📈 Algorand Consensus 📈 There are currently two different types of consensus mechanisms and these include Proof of Work and Proof of Stake. They both have their own unique challenges which means that it is hard to solve the blockchain trilemma. Proof of Work consensus mechanisms are centralised as there are large mining farms with specialised equipment which can control the network and hence lead to centralisation. dPoS is not an ideal solution either as this means that you have to rely on these block producing nodes to push things forward. Bonded proof of stake is not ideal either as someone who has a lot of money can just accumulate the majority of the tokens and use them in order to vote through their own agenda on the network. The Algorand consensus mechanism is called Pure Proof of Stake and it operates on this simple priniciple: It makes cheating by a minority of the money impossible and cheating by the majority stupid. It also differs with other mechanisms in that the money does not have to be bonded for a particular period of time. Money is always in user's wallets ready to be spent and used in other ways on the network. In Algorand, blocks are constructed into 2 phases through lotteries known as 'cryptographic sortition' 📄 Algorand Smart Contracts 📄 Algorand's smart contracts are integrated into Algorand's layer 1 which means that they inherit the same speed, scale, finality, and security as the Algorand platform itself. Moreover, they are cost effective and error free. There are a number of benefits that come with the Algorand smart contracts. It's energy efficient, fast, it has immediate transaction finality, it's easy to develop on (supports Java, Javascript, Python, Go) and of course it's cheap to send on It was also recently announced that USDC would be moving away from the Etheruem blockchain to other solutions like Algorand. There are likely to be number of other DeFi projects that are to follow suit given the high fees and scaling issues we have on the Ethereum network. 📈 ALGO Tokenomics 📈 The native token on the Algorand blockchain is their ALGO token. This is a utility token and there are two main functions that I can see. - Firstly, they can be used in order to stake and earn those ecosystem rewards - and secondly, they can be used in order to pay for transaction fees and dApp computations. There were a total of 10 billion tokens that were minted in the Genesis block. Now, while that may seem like a lot, the circulating supply is a lot less. The circulating supply is only about 1 billion. Token sales are still ongoing which could mean high inflation onto the circulating supply. Current sales imply a 15% inflation rate ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Algordan #ALGO #Defi #crypto #ethereum #scaling #blockchain #USDC

#China #Halving #mining 🔥 TOP Crypto TIPS In My Newsletter 👉 https://signup.coinbureau.com/newsletter 🗻 Get The Top Deals In Crypto 👉 https://guy.coinbureau.com/deals/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 1:15 Why Centralisation is a Risk 3:40 Why it Has been Ignored 5:00 How Much is in China? 6:27 Could the Government Profit? 8:20 Could it be a Bargaining Chip? 10:00 Could they Control it for Pride? 12:00 Positive Trends Away 15:05 Impact of Halving 15:59 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links & Sources 🔗 ⛓️ ► Cambridge Mining Map: https://cbeci.org/mining_map ► 51% Attack Cost: https://www.crypto51.app/ ► Property Law China: https://www.loc.gov/collections/publications-of-the-law-library-of-congress/about-this-collection/ ► Genesis Mining Review: https://genesis-mining.com/state-of-mining2020 ► Coinshares Report: https://coinshares.com/research/bitcoin-mining-network-december-2019 ► Barry Silbert on the Shift: https://www.reuters.com/article/us-crypto-currencies/crypto-asset-manager-sees-bitcoin-mining-shift-from-china-to-north-america-idUSKBN2052FW ► Bitmain in Texas: https://www.coindesk.com/markets/2019/10/22/why-bitmain-is-building-the-worlds-largest-bitcoin-mine-in-rural-texas/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 🤔 What is a Miner Attack? 🤔 They can attack the network by double spending. So ominous is the threat of this attack that it is often colloquially called a "51% attack". It is the scenario where a miner is able to garner more than 50% of the network hashrate and double spend transactions. They can alter the state of the blockchain and reverse particular transactions that took place while they were under control of the network. If someone knows that a malicious miner is able to alter the state of the Blockchain then it creates a crisis of confidence. Other miners to the network will either have to cease mining, or take the risk that they are confirming the invalid chain. This risk has been discounted in the past given just how much it would cost to conduct an attack like this. People have also pointed to how impractical it is to marshal all of this hashpower and attack a network. 🇨🇳 How Much Mining in China? 🇨🇳 Over 65% of the mining hashrate is emanating from China. Despite how large this may seem, its actually below the rate that we had earlier in the year when it was above 72%. 😱 What are the Risks? 😱 Things operate differently China than they do in most democracies. Property rights are a rather nebulas concept. Between local and central governments, companies often have very little certainty when it comes to regulatory guidelines. The Chinese government could direct their miners to focus on attacking the Bitcoin blockchain. However, they are unlikely to do this given how impractical it would be to make any money from an attack of this sort. It is also really hard to do anything on the Bitcoin network without someone taking notice. It is possible that the Chinese government could control Bitcoin in order to have leverage over western governments. It could be an immense feather in their cap if they control Bitcoin and stick it to Western governments. We have also seen how Chia has reacted to countries in the age of Covid and have attacked them. 🤷🏼‍♂️ Is it Likely? 🤷🏼‍♂️ China is unlikely to target Bitcoin as they have other bigger targets to go after. These include the likes of large Western Tech companies. Moreover, having control of Bitcoin will mean nothing to the western governments. 📉 What the Trends Say 📉 It seems as if Chinese miners are trying to move away from the country. This is because of the lack of property rights and the risks that come from operating in China. There have already been a number of miners that have opened operations in places such as Texas, Iran, Canada etc. These places also have attractive incentives for the miners to move. They have low energy costs and tax schemes. There are also a number of Bitcoin proponents who are seeing this shift take place and they are certain that the geopolitical landscape will push these miners away. You also have to consider the impact that the halving has had on the profitability of mining Bitcoin. This has flushed many of the unprofitable miners out of the market and they could then be looking for more attractive regions to set up their mining rigs. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Bitcoin #BTC #mining #China #Halving #cryptocurrency #bitmain #control

#lockdown #output #inflation 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 🏆 My $4K Trading Comp & Deals 👉 https://guy.coinbureau.com/deals/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 2:17 The Economy Is Rebounding! 4:20 What Happened In The Economy? 6:48 Recent GDP Growth Is Deceptive 11:30 Future of US Economy 17:13 Safe Haven Assets 21:55 Final Thoughts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► US GDP data Q3 2020: https://www.bea.gov/news/2020/gross-domestic-product-third-quarter-2020-advance-estimate ► Personal income by State Q2 2020: https://www.bea.gov/news/2020/personal-income-state-2nd-quarter-2020 ► Personal income data Sept 2020: https://www.bea.gov/news/2020/personal-income-and-outlays-september-2020 ► Unofficial unemployment could be 25%: https://www.independent.co.uk/news/world/americas/us-unemployment-rate-jobs-recession-b1017913.html ► Reopening & closing down of States: https://www.nytimes.com/interactive/2020/us/states-reopen-map-coronavirus.html ► US net exports: https://fred.stlouisfed.org/series/NETEXP ► New massive gold deposit discovered: https://www.bloomberg.com/news/articles/2020-10-22/polyus-says-siberian-gold-deposit-holds-world-s-largest-reserves ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📈 The US Economy is Rebounding? 📈 In the third quarter of 2020, the US economy has been on a tear, posting record breaking GDP growth! Sure, earlier in the year there was a pretty dramatic fall due to the pandemic. However, what we are seeing right now is one of the greatest economic rebounds in history! Another fact is that personal incomes by State have actually increased. So, in the midst of all this fall out from the virus, it appears that people have never been so rich! Here’s the question, are news outlets just trying to scare us with claims of mass unemployment and COVID driven economic armageddon? 🤔 The Economy In 2020 🤔 Think back to earlier in the year when there were all those stay at home orders. Shutting the economy down naturally led to GDP falling off a cliff. In my video, I compare that drop to 2008 and the Great depression. 📉 Why Recent GDP Growth Is Deceptive? 📉 Here’s the deal; that Q3 rebound was mainly driven by consumer spending. That’s not surprising given that the economy opened back up at this time. Personal consumption, investment and property sales all went up. Despite all that, the economy is smaller than at the end of 2019. Here’s the problem: States are reopening and reversing that decision due to the spread of COVID. If that continues, it’s going to be hard for consumer spending to keep on supporting that GDP growth in the fourth quarter. Watch my vid. In it, I explain why all those great looking numbers in Q3 are nothing more than a stimulus powered fugazi. The good news is that this probably all means that some people are going to come out the back of this with a stockpile of cash. 🔮 The Future of The US Economy 🔮 Many people are better off due to COVID. That’s because they still have a job, spent less on goods and services and got a stimulus cheque or two. If that’s you, then chances are you are thinking about treating yourself to a vacation or something like that when this all blows over. The problem is that everyone else is thinking the same thing and that’s likely to result in demand-pull inflation. Then you have the trend of companies wanting to shorten their supply chains. After all, the pandemic was pretty disruptive for that. This domestic labour is more expensive and that could lead to cost-push inflation. So yep, I think crazy levels of inflation are in all our futures. 👑 Safe Haven Assets 👑 In my video, I take a look at inflation resistant hard assets. I put gold under the microscope and also highlight some shortcomings. I then get into Bitcoin and explain why it could be a better bet to protect your purchasing power against COVID driven inflation. So, be sure to watch if you want to hear my reasoning on that one. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #crypto #bitcoin #inflation #economy #lockdown #output

#bullmarket #Crypto #KYC 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/ 🎄 "Bitcoin Moon" Shirt in Merch Store 👉 https://store.coinbureau.com/ 🛒 Get The Best Deals In Crypto 👉 https://guy.coinbureau.com/deals/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📺 Previous Vids 📺 ► Corporate Bitcoin Adoption: https://rumble.com/v31cnw8-monero-bullish-on-xmr-now-more-than-ever-.html ► Bitcoin vs. Gold: https://rumble.com/v31cmb2-miner-centralization-big-risk-for-bitcoin-.html ► Biden & Bitcoin: https://rumble.com/v31csh6-algorand-what-is-algos-future-potential-.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 1:50 Insurance Funds 4:17 Pension Funds 5:24 Custodian Demand 8:17 Corporate Demand 10:34 Central Banks 13:13 Bitcoin Updates 17:30 Regulatory Risk 20:43 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links 🔗 ⛓️ ► Mass Mutual JP Morgan: https://www.bloomberg.com/news/articles/2020-12-14/jpmorgan-says-massmutual-s-bitcoin-foray-signals-widening-demand ► BCG Report Insurers: https://www.bcg.com/publications/2020/global-asset-management-protect-adapt-innovate ► Pantera Report: https://blog.panteracapital.com/bitcoin-shortage-172a9205dc0?gi=9b4c869f71c5 ► TapRoot Activation: https://taprootactivation.com/ ► CoinJoin: https://en.bitcoin.it/wiki/CoinJoin ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 🤵 Institutional Adoption 🤵 Large investors are piling into the asset class as they seek to diversify their risk away from their traditional allocations We recently heard the news that Mass Mutual had invested a cool $100 million of fund money into Bitcoin. However, given that they are an insurance company, this means that the investor profile of Bitcoin has changed and moved away from hedge funds and other risk seeking investors Mass mutual has over $234 billion in assets under management which is 65% of the entire market cap of Bitcoin. However, it ranks about 7th compared to some of the other larger US based insurers This is only those US based insurers. The number becomes that much larger when you look at all the insurance companies in the world. There is also the possibility that Pension funds could look into Bitcoin which would have immense demand implications 🏢 Custodian & Corporates 🏢 There are three companies that are likely to be the biggest players in crypto next year. These are Grayscale, PayPal and Square Looking at Grayscale for example, Already they have accumulated 10 billion dollars worth of Bitcoin. That is about 3% of the total BTC that is currently outstanding The pace at which these guys are buying up Bitcoin is so fast that on some months, their purchases outpace the amount of Bitcoin that is being mined Then of course you have to factor in PayPal and Square which need to hold the Bitcoin on behalf of their users Then you also have to factor in some of those large corporates on the S&P500 who may want to diversify their Fiat balances. 💵 Central Banks 💵 Foreign central banks hold a variety of reserve assets but a large percentage of that is of course US dollars. However, holding dollars means that they are susceptible to the risk of dollar depreciation through inflation. They could choose to diversify away their dollar holdings to other fiat currencies however that would mean that they are still at the mercy of other bankers. This is why they could consider other scarce assets such as Bitcoin. Given that Bitcoin has more "store of value" properties than gold it could mean that these central banks will now turn to this as a way to preserve their reserve assets. 🖥 Bitcoin Updates 🖥 There are a number of Bitcoin Improvement Proposals on the cards which could increase the privacy and useability of the cryptocurrency. Schnorr signatures will mean that transactions will be grouped which will reduce the risk that comes from tracing your transactions. You also have an upgrade in Bitcoin's programming language through TapScript. This will allow for more complicated scripts to be run on Bitcoin. These BIPs are likely to be implemented in early 2021 through a soft fork as miners have indicated their interest in supporting it. You also have to consider the increasing tokenization of Bitcoin. There is now over 2.6 billion dollars of BTC wrapped in tokens such as WBTC, RenBTC and numerous others. These tokens have essentially unlocked the entire Defi world for Bitcoin hodlers. They have also created a medium through which users can easily send Bitcoin much more cheaply and faster than they could do on chain. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Bitcoin #BTC #Crypto #KYC #blockchain #bullmarket

#XMR #Anonymous #monero ► Best XMR Wallets: https://www.coinbureau.com/analysis/best-monero-wallets/ ► Kovri: https://www.coinbureau.com/education/kovri/ ► Mining Monero CPU: https://www.coinbureau.com/mining/monero-guide-cpu-randomx/ Get Top Crypto Tips In My Weekly Newsletter 👉 https://signup.coinbureau.com/newsletter ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 1:04 Introduction 2:41 Privacy Technology 4:40 Monero Compared to Zcash 5:19 Monero Mining 6:50 XMR Economics 8:17 Development & Community 9:21 Current Development & Roadmap 10:40 XMR Market Overview 12:00 Potential Threats 13:00 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links 🔗 ⛓️ ► Website: https://web.getmonero.org/ ► CryptoNote Whitepaper: https://cryptonote.org/whitepaper.pdf ► Source Code: https://repo.getmonero.org/users/monero-project/projects ► Kovri: https://repo.getmonero.org/users/monero-project/projects ► RandomX Info: https://medium.com/luxor/monero-randomx-asic-resistance-abb96b50bdaf ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📱️ Socials 📱 ► Stack Exchange: https://monero.stackexchange.com/ ► Reddit: https://reddit.com/r/monero ► Telegram: https://telegram.me/bitmonero ► Monero IRC Chat: irc://chat.freenode.net/#monero ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Project Overview 📝 Monero is a peer-to-peer digital cash that was developed specifically for privacy. Given the untraceable nature of its blockchain, it is perhaps the closest that you will get to a fully anonymous cryptocurrency. Monero was built on the cryptonote protocol and was launched back in 2014. It was borne out of a disagreement with a developer and the broader community. Eventually, the Monero core team decided to fork the code and with it begin the Monero journey. ⚙️ Technology ⚙️ The two key components of Monero's tech are its Stealth addresses and ring signatures. With a stealth address, Monero allows a sender to create a one-time public address for every single transaction on behalf of the recipient. However, the recipient can still use a single address that receives all incoming payments. Monero has implemented these ring signatures into their transaction protocol. It will make use of your private key along with a ring of possible other signers on the network. Monero does not have opt-in privacy. Everyone is required to use the private transactions by default. Monero is a proof-of-work cryptocurrency and up till very recently, it used to used to use the Cryptonight hashing algorithm. However, on the 30th of November there was an upgrade that moved to the RandomX algorithm. Monero is a cryptocurrency that is tryign to keep up the fight against ASIC mining machines and has been adapting its code in order to render these devices moot. This is great news for GPU miners. RandomX was also optimised for CPU mining. 💰️ Token 💰 The native currency behind Monero is XMR. This coin was released without any ICO, pre-mine or founder's fund. It sits comfortably in the top 20 of market cap rankings and has the highest market cap of any other privacy coin. It currently has a circulating supply of just over 17 million. There is no max supply as there will be tail emmission of 0.6XMR indefinetely from May of 2022. 👨‍💻️ Team, Partners & Development 👨‍💻 Monero is a completely open source project with a wide array of developers working on it. There is a core team of developers working on Monero. One of the most well known of these is Riccardo Spagni a.k.a fluffypony. As an open source project, Monero has to rely on donations from the public in order to fund new initiatives. This is done through their Community Crowdfunding System or CCS. There has been quite a lot going on in Monero Repos over the past two years. On top of the forks that were done to stave off the ASICs, there were a number of improvements and optimisations. These include such updates such as bulletproofs as well as the work taking place on Kovri. This is a C++ implementation of the I2P network. 📈 Trading & Wallets 📈 Monero is a pretty popular cryptocurrency. It does well over 100 million dollars a day in daily trading volume. It is listed on a platforms such as Binance, Kraken, Huobi, Bittrex etc. It also does a whole host of volume on some lesser known offshore ones. There are also pretty strong order books for XMR on the individual exchanges and they are deep with a large amount of turnover. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Monero #XMR #crypto #Privacy #Review #RandomX #Anonymous #Zcash #blockchain #stealth #cryptocurrency #Exchange

#xrp #ripple #coinbureau 🛒 Get The Hottest Crypto Deals 👉 https://www.coinbureau.com/deals 📲 Insider Info in Guy's Socials 👉 https://guy.coinbureau.com/socials/ 👕 Guy's Merch Store 👉https://store.coinbureau.com 🔥 TOP Crypto TIPS In Guy's Newsletter 👉 https://guy.coinbureau.com/signup/ ~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #coinbureau #news #crypto #xrp #ripple

#nikola #Robinhood #wallstreet 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 🗻 Get The Top Deals In Crypto 👉 https://guy.coinbureau.com/deals/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau 📺 Tesla vs. Bitcoin Vid 👉 https://rumble.com/v31idm8-tesla-tsla-vs.-crypto-where-to-invest-.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 2:07 Stock Market & Wider Economy 7:00 Kodak 13:42 Nikola 18:10 JC Penney 19:59 Hertz 21:12 Final Thoughts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links 🔗 ⛓️ ► Rise of interest in trading apps: https://techcrunch.com/2020/03/25/financial-markets-may-be-sliding-globally-but-interest-in-stock-trading-apps-soars/?guccounter=1 ►Finance news is biggest grower: https://www.axios.com/2020/04/28/business-finance-news-politics-coronavirus ►Options trading at retail brokers: https://www.nytimes.com/2020/07/08/technology/robinhood-risky-trading.html ► Kodak 1900% surge: https://markets.businessinsider.com/news/stocks/kodak-stock-price-surges-765-million-government-drug-loan-2020-7-1029444079 ► Nikola’ damning SEC filing: https://www.sec.gov/Archives/edgar/data/1731289/000104746920001479/a2240989zs-4.htm ► JCPenney bankruptcy: https://edition.cnn.com/2020/05/15/business/jcpenney-bankruptcy/index.html ► Image credit: Erlich Bachman riding unicorn can be accessed here: http://www.piedpiper.com/pied-piper-pic-behold-a-pale-unicorn/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Overview 📝 If you have been in crypto for any length of time, then chances are you know all about sh*tcoins. But did you know that those pump and dumps and 90% declines happen in other markets as well? In this video I’ll be talking about the biggest shitcoin game in town and that would be the stock market. Today, I’ll be going over four stocks that you probably want to avoid like the plague. 📈 What’s Happening In The Stock Market & Economy? 📈 2020 has been a crazy year. In this topsy turvy world, it is maybe not surprising that the financial markets have been wild. We have not only seen the biggest points drop in history, but the biggest gains too. In this crazy world there are some businesses that are doing well. That would be the likes of Robinhood, who have been able to convince millennials to trade their way out of a pandemic. It turns out that when you have record unemployment stimulus cheques dropping from the sky and people staying at home, that they will look for alternative ways to make money! It so happens that online trading is a pretty socially distant way to try and make money from home. If that wasn't enough, gasoline is being poured on the fire by the mass of trading content being pushed out on social media and YouTube. All that has led to a retail frenzy in stocks. 4️⃣ Kodak 4️⃣ This is an American technology company that produces camera-related products with a historical focus on photography. Yes, this business is somewhat obsolete given the invention of the smartphone. This year, the Kodak share price pumped 1900% in two days! Why was that? Well, the company secured a $765 million loan to produce drug ingredients in response to the pandemic. The you had President Trump proclaim that the deal was ‘one of the most important deals in the history of US pharmaceuticals’. That was enough to unleash a retail feeding frenzy. I go into all the details and explain why this price increase is totally unjustified. Watch the video if you want to learn about that! 3️⃣ Nikola 3️⃣ This company is an American zero-emissions vehicle company. In short, it is basically Tesla 2.0 creating vehicles powered by hydrogen-electric engines. The crazy thing is that they have a market cap of $13 billion. Oh yeah, Nikola hasn’t produced a single cent of revenue yet and doesn’t intend to earn anything till 2021. In my video I go over a crazy SEC report filed by Nikola which discloses the risks with this stock. Honestly chaps, it is eye opening and I thoroughly recommend you watch that. 2️⃣ JC Penney 2️⃣ This US department store has seen better days as evidenced by its delisting from the US stock market. This year the company actually filed for bankruptcy and cited the pandemic for blowing the business over. However, that did not stop retail investors from Robinhood piling into the stock. 1️⃣ Hertz 1️⃣ Watch my video to find out why you want to avoid this stock! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Robinhood #nikola #stocks #trading #hertz #jcpenny #wallstreet

#WAX #gaming #crypto 🖊 Coin Vote 👉 https://twitter.com/coinbureau/status/1232330564562231298 🔥 TOP Crypto TIPS In My Weekly Newsletter 👉 https://signup.coinbureau.com/newsletter 📲 Join The Coin Bureau Insider Channel 👉 https://t.me/cbinsider BTC Tipjar 🙏🏻: 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL Correction ✍️: Chainlink are not ERC20 standard but 677 transfer and call. Apologies 🙏🏻 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 0.51 Introduction 5:59 What Are Non-Fungible Tokens? 13:37 Why Non-Fungible Tokens Could Be Really Disruptive 19:31 How Do Non-Fungible Tokens Synergise With DeFi? 21:37 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links & Sources 🔗 ⛓️ ► NFT market overview: https://nonfungible.com/market/history ► Andrew Steinwold on NFT use in collateralized loans: https://medium.com/@Andrew.Steinwold/nft-valuation-lending-borrowing-putting-non-fungible-assets-to-work-ce92c61bad50 ► Tinlake partnership with Maker and Paperchain: https://medium.com/paperchain/how-we-worked-with-centrifuge-and-the-maker-foundation-to-advance-60-000-worth-of-spotify-revenue-a3b6b31299aa ► Rocket enters NFT backed loan space: https://defirate.com/rocket-nft-loans/ ► WAX digital asset marketplace: https://wax.io ► Nimiq the project that could connect NF’s with the traditional banking system: https://www.nimiq.com/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Simple Overview 📝 Non-fungible tokens are a hidden part of the DeFi space that no one is talking about right now. At the time of this video’s release, NFT 7 day trading had risen to over $400 million, which was more then the sector managed to achieve in the prior three weeks. Now, that’s some explosive growth indeed. 💰 What Are NFT’s? 💰 NFT’s can be thought about as digital collectibles. They possess four core characteristics: - They cannot be replicated. - They cannot be counterfeited. - You can’t print them on demand. - They have the same ownership right and permanence guarantees as Bitcoin. However, the collectible can be personalized and unique. 💥 Why Non-Fungible Tokens Could Be Really Disruptive 💥 Digital items simply don’t follow the same ownership rules of physical items. That song you listen to on Spotify or that film you watch on Netflix is rented and not owned. These platforms act like walled gardens and do not allow you to transfer value from one ecosystem to another. NFT’s could be super disruptive as they can completely change the rules for current ownership rights on the internet. They provide a way for the people to actually own and control digital assets and that’s something that was missing before. ⁉️ How Can You Use Non-Fungible Tokens? ⁉️ Right now, the biggest use-case for NFT’s is within computer games. Look at the top four projects on nonfungible.com and you’ll see they are all gaming related. Now, gaming is a massive market with PC gaming projected to be worth more than $3.3 trillion in 2020 alone. NFT’s could also be used to correlate the authenticity and supply of things like antiques or limited edition products. This can be done by tokenizing physical items by linking them to an NFT. That’s pretty useful for those that like to buy collectibles like limited edition trainers and ensure that what you are buying is the genuine item. 💸 Non-Fungible Tokens & DeFi 💸 Platforms like Tinlake and Rocket are now accepting NFT’s as loan collateral in the DeFi space. Now, being able to use that special item you have earned in a game and use it to get a real-world loan is pretty cool in my book. 🔮 NFT Opportunities 🔮 I think that NFT’s are a completely new asset class. One thing to recognize is that with any new asset class, it is those who jump in first and take the risk that get rewarded the most if things really do take off. There are two NFT infrastructure plays that I have my eyes on right now: Wax: Which is a digital asset marketplace for in-game items. Nimiq: Who are set to launch a non-custodial method, called Nimiq OASIS, to get in and out of crypto or fiat in 2020. This seems like it could be an excellent way for NFT collateralized loan companies like Tinlake to offer loans paid directly into customer’s bank accounts. Even more interestingly, OASIS will support the ERC-721 and ERC-1155 standard and could provide an additional way to exchange NFT’s for Euros paid directly into your bank account. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Ethereum #crypto #tokens #Decentraland #WAX #blockchain #gaming #review

#crypto #blockchain #Defi 🔥 TOP Crypto TIPS In My Weekly Newsletter 👉 https://signup.coinbureau.com/newsletter ► Ren Review: • Review of Ren: Hi... ► MakerDao Review: • MakerDAO Review: ... ► 0x Review: • 0x Review: Is ZRX... ► BTC Tipjar 🙏🏻: 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 1:36 What is DeFi? 3: 09 DeFi Use Cases 6:59 How big is DeFi? 10:00 Future of DeFi 13:00 Potential Issues with DeFi 15:39 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links 🔗 ⛓️ ► DeFi market size: https://defipulse.com/ ► DeFi lending rate comparison: https://loanscan.io/ ► Top DeFi lending platform: https://compound.finance/ ► Non-custodial margin trading: https://dydx.exchange/ ► Automate crypto portfolio management: https://www.tokensets.com/ ► World Bank report on financial inclusion: https://www.worldbank.org/en/news/press-release/2018/04/19/financial-inclusion-on-the-rise-but-gaps-remain-global-findex-database-shows ► The bank bridging crypto & conventional banking: https://www.ten31.com/ ► Nimiq OASIS info: https://www.nimiq.com/blog/groundbreaking-crypto-payment-solution-for-online-merchants/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Simple Overview 📝 Decentralized Finance is one of the hottest topics on the crypto grapevine right now. That’s not surprising seeing that within the space of two years DeFi has gone from having less than $60 million locked in the ecosystem to nearly $800 million at the time of this video’s release. 💰 What is DeFi? 💰 DeFi takes products and services from traditional finance and decentralizes them by replacing middlemen with smart contracts. 👯 What Are People Doing In DeFi? 👯 Today, the most common uses of DeFi are: Borrowing money Supply money to earn interest However, the key thing here is that this all takes place outside of the traditional banking system. That means no KYC, no need to get approval from anyone, no credit scores, no requirement for a bank account and no descrimination based on where you live. 🏦 The DeFi Ecosystem 🏦 The emerging DeFi ecosystem is already home to a wide range of platforms like DeFi loan comparison sites, automated trading solutions, lending platforms, non-custodial margin trading platforms and much more, 🔮 The Future of DeFi? 🔮 Decentralized Finance has already seen phenomenal growth over the last few years. However, there are over 1.7 billion unbanked people in the World excluded from the traditional financial system who could benefit from DeFi. Imagine if you are living in a developing country with high inflation. DeFi gives you the opportunity to get out of your local currency and hold USD via stable coins like Dai. Even better, you can then take that Dai and lend it out at 5+% interest on DeFi platforms like Compound Finance. DeFi already offers people the tools to hedge out local currency risk and that’s a pretty big deal in countries like Venezuela. Although DeFi loans currently need to be over-collateralized, I imagine it will only be a matter of time befer under-collateralized loans are available via a form of DeFi borrowing reputation system. 🤔 Problems With DeFi? 🤔 It’s hard for the average person to access DeFi and that's due to friction between the crypto and traditional finance ecosystem. That’s where tech solutions like Nimiq OASIS can come in by providing FIAT smart contracts which enable non-custodial crypto:fiat trades. This solution is set for launch this year in partnership with Ten31 bank and has been developed by the crypto project Nimiq. Adoption of this solution certainly has the potential to make it much easier for people to access the DeFi ecosystem. Another major issue facing DeFi are smart contract bugs. These could result in DeFi users losing access to a significant amount of funds and it’s even more worrying seeing that bugs are not unheard of in smart contracts. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Defi #ethereum #eth #decentralised #blockchain #crypto #CDP #DAI

#Crypto #blockchain #cryptocurrency ► Our long form review here: https://www.coinbureau.com/education/what-is-dai-coin/ ► Paxos Standard: https://rumble.com/v31hzzi-what-is-pax-stablecoin-everything-you-need-to-know.html ► Gemini Dollar: https://www.coinbureau.com/education/what-is-gemini-dollar/ ► Coinbase USDC: https://www.coinbureau.com/education/what-is-the-usdc-stablecoin/ ► Buy DAI Here: https://www.coinbureau.com/review/coinbase-pro/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links 🔗 ⛓️ ► Website: https://makerdao.com/en/dai/ ► Whitepaper: https://makerdao.com/en/whitepaper/#overview-of-the-dai-stablecoin-system ► Purple Paper: https://makerdao.com/purple ► CDP Portal: https://cdp.makerdao.com/ ► Documentation: https://makerdao.com/documentation/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📱️ Socials 📱 ► Official Blog: https://blog.makerdao.com/ ► Twitter: https://twitter.com/MakerDAO ► Telegram: https://t.me/makerdaoOfficial ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Overview 📝 DAI is the stablecoin offering that is produced by the MakerDAO team. It uses Ethereum smart contracts to maintain a peg with the US dollar of 1 to 1. This is completely decentralised unlike the other stablecoins that rely on US dollars that are kept in a bank account. It is also a strong alternative to tether given the challenges that the coin faces. DAI keeps this 1:1 peg with the US dollar by adjusting the supply of the coin dynamically. The supply will adjust in order to bring the price up or down depending on how much it strays from $1. DAI was created by the MakerDAO team which uses the MKR token. The MKR token is used in this ecosystem when it comes to governance and voting. It is also used in order to pay interest to those people who have taken out the CDP loans. DAI was released in 2017 and has seen increasing adoptinon on a number of exchanges. It has also been able to keep the peg effectively even in extreme market volatility. It is currently traded on a number of exchanges including Coinbase Pro and HitBTC (we would suggest Coinbase Pro) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Crypto #MakerDAO #DAI #blockchain #Review #Token #stablecoin #ethereum #cryptocurrency

#Gold #inflation #pandemic 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 🏆 My $4K Trading Comp & Deals 👉 https://guy.coinbureau.com/deals/ 🛒 NEW: Check Out My Merch Store 👉 https://store.coinbureau.com/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📺 Useful Vids 📺 Zombie Companies 👉 https://rumble.com/v31ij0c-zombie-companies-why-im-really-scared.html Pandemic Inflation 👉 https://rumble.com/v31ihgo-could-lockdowns-supercharge-bitcoin-.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 2:03 Why Gold is Bought 5:09 Not Limited in Supply 8:43 Physical is a Con 11:51 Supply Chain Issues 13:30 Counterfeit Gold 15:17 Best Alternative 18:16 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links & Sources 🔗 ⛓️ ► Gold Supply Chains: https://www.visualcapitalist.com/impact-of-covid-19-on-the-gold-supply-chain/ ► Counterfeit Gold: https://www.reuters.com/article/us-gold-swiss-fakes-exclusive-idUSKCN1VI0DD ► Total Gold Supply: https://www.gold.org/goldhub/data/how-much-gold ► Polyus Gold Deposits: https://www.bloomberg.com/news/articles/2020-10-22/polyus-says-siberian-gold-deposit-holds-world-s-largest-reserves ► Executive Order 6102: https://www.presidency.ucsb.edu/documents/emergency-presidential-determination-refugee-admissions-for-fiscal-year-2021 ► Asteroid Mining: https://www.foxnews.com/science/nasa-headed-towards-giant-golden-asteroid-that-could-make-everyone-on-earth-a-billionaire ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ❌ Gold is Not Limited ❌ Gold bugs are basing their assumptions of supply on what is currently in the ground on this planet. However, they neglect to mention that gold can indeed be mined on asteroids. And, as we know the universe is infinite which theoretically implies and infinite supply. Take for example Psyche 16. This is an that is nestled between the orbits of Mars and Jupiter and is made of solid metal. These metals include not only Gold but also platinum, nickel and iron. By some estimates, Psyche 12 has enough mineral wealth on it to make everyone on the planet a billionaire. The moment this gold hits the market it will make it worthless. Gold is also constantly being discovered on earth which impacts on the circulating supply and hence the price. ✋ Gold is Physical ✋ Transporting gold is very expensive. They will have to pay for insurance, transport and other expenses. It is also really hard to move in a situation in which people have to move in an instant. We can think of a coup or some other economic collapse. It is very hard to take gold past security at airports and many countries have mandatory reportign requirements. You will have to pay large import duties on the gold. You also cannot store than Gold inside vaults as there is a risk that the governments go straight to those vaults should they want to take broader control of the country's gold supply. This is something that has happened in the past. ⛓ Gold Supply Chains ⛓ Gold has to be transported to market in order to be sold. As we have seen with the pandemic shutdowns, the gold supply chain is quite brittle and there were massive shortages that were caused by the lack of commercial flights / transfers. Add to this the fact that gold bugs were hoarding all the gold they could and you have a serious supply shortage. There was so little gold arriving on the market in London that the spread between the Comex gold futures and the spot market was the highest that it has ever been. What should be an effecient market can become very inefficient and illiquid with the right conditions. 👎 Fake & Illegal Gold 👎 There is a pretty big supply of fake gold bars on the market. These gold plated bars can only really be detected by those who know what to look for. And even then, some fakes are so good they fool the pros. They have even being used to obtain billions in gold securitized lending. You also have to worry about the problem of illegal gold. This is gold that has been smuggled or illegally stamped. These are a lot harder to spot as they are high quality gold but have a history that is less than savory. 🤔 Alternatives? 🤔 Bitcoin is the best store of value as it has all the qualities that the gold bugs think they have: - Protocol defined Max limit - Steady supply emission - Fungible - Censorship resistant - Hard to seize ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Gold #Investing #Bitcoin #inflation #economics #pandemic

#DEX #Fintech #trading ► Complete Review: https://www.coinbureau.com/review/0x-zrx/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links 🔗 ⛓️ ► Website: https://0x.org/ ► Whitepaper: https://0x.org/pdfs/0x_white_paper.pdf ► GitHub: https://github.com/0xProject ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📱️ Socials 📱 ► Official Blog: https://blog.0xproject.com/ ► Twitter: https://twitter.com/0xproject ► Discord: https://discord.gg/d3FTX3M ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Project Overview 📝 0x is a decentralised exchange protocol that enables the peer to peer exchange of Ethereum based cryptocurrencies. This is a protocol that wants to streamline this trading with off-chain orders using Ethereum powered smart contracts. ⚙️ Technology ⚙️ When you trade tokens on the 0x protocol, you are doing so on an off-chain relay. This is different from other DEXs where the transactional smart contracts are executed on the main chain. Relayers are the key to 0x's off-chain transactions. They are responsible for broadcasting the orders across the public or private order books, as well as bringing liquidity to the network by hosting the order books. An order is only filled once the order taker has submitted their own signature along with the order maker’s to the exchange’s smart contract. The Relayer is then compensated for their work by way of ZRX tokens. When these trades are sent, they are called “broadcast” orders. Anyone can send, see and fill these orders. 0x has built a governance component into their network. Those who hold the ZRX token are able to vote on certain proposals that will affect the blockchain. Another benefit of the token is that the smart contracts are open source and the protocol is application agnostic. Another additional feature that is included with 0x is their “asset swapper” and the related 0x instant 💰️ Token 💰 The 0x protocol has a native currency which is called ZRX. ZRX tokens are used to pay the relayers in order to route the orders. They can also be used in order to vote on protocol improvements. The 0x team issued these tokens in a crowdsale ICO that took place way back in 2017. They were able to sell 500 million ZRX tokens at a price of 7 cents each. The ICO was well distributed and spread out across over 13,000 Etheruem addresses. 👨‍💻️ Team, Partners & Development 👨‍💻 0x is based in San Francisco and there are over 38 core members. They have backgrounds ranging from Engineering to Finance and software development. The team has been quite active working on their protocol. This is something that you can verify by diving into their GitHub repository. 0x has a pretty strong advisory pool. These include the likes of Fred Ehrsam who is a co-founder of Coinbase as well as Joey Krug who is the Pantera Capital Co-CIO. 📈 Trading & Wallets 📈 ZRX is listed on the likes of Binance, Coinbase Pro, MXC, BitMAX etc. Volume is well spread out across these exchanges which means that the liquidity is not dependent on a singular market. Order book liquidity is also strong which you can confirm by looking at the ZRX / BTC order books on Binance. ZRX is an ERC20 token which means that you have quite a large array of wallets that you can use - anyone that supports Ethereum. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #0x #ZRX #crypto #Ethereum #Review #ERC20 #Fintech #Binance #blockchain #DEX #trading #cryptocurrency #Exchange

#casper #Staking #crypto 🔥 TOP Crypto TIPS In My Weekly Newsletter 👉 https://signup.coinbureau.com/newsletter ► DeFi Video 👉 https://rumble.com/v31i5pk-decentralised-finance-complete-defi-overview-and-outlook.html ► Blockchain Trilemma 👉 https://www.coinbureau.com/analysis/solving-blockchain-trilemma/ ETH Tipjar 🙏🏻: 0x34044Da5eed0fb0f4F30314858b44963839A63C6 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 1:20 Introduction 3:03 Mining Challenges of ETH 1.0 4:14 Scaling Challenges 5:21 Ethereum Proof-of-Stake 7:21 Beacon Chain (Phase 0) 8:37 Sharding 10:41 Shard Chains (Phase 1) 11:20 State Execution (Phase 2) 12:30 Etheruem 2.0 Timeline 14:27 ETH Price Potential 17:18 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links 🔗 ⛓️ ► Ethereum 2.0: https://github.com/ethereum/eth2.0-specs ► Casper FFG: https://arxiv.org/abs/1710.09437 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📰 Referenced Material 📰 ► What is Gas: https://ethereum.stackexchange.com/questions/3/what-is-meant-by-the-term-gas ► Ethash Algo Explained: https://www.vijaypradeep.com/blog/2017-04-28-ethereums-memory-hardness-explained/ ► Proof of Stake Ledger: https://www.ledger.com/academy/blockchain/what-is-proof-of-stake/ ► Sharding Presentation: https://docs.google.com/presentation/d/1G5UZdEL71XAkU5B2v-TC3lmGaRIu2P6QSeF8m3wg6MU/edit#slide=id.g3bd4583ed6_0_54 ► Staking Calculator: https://www.stakingrewards.com/earn/ethereum-2-0/ ► MIT Piece on Devcon: https://www.technologyreview.com/2018/12/13/138651/ethereum-thinks-it-can-change-the-world-its-running-out-of-time-to-prove-it/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Ethereum 1.0 📝 Ethereum is a Proof-of-Work blockchain that allows users to build their own decentralised applications. iIt is a smart contract platform that supports a generalised scripting language. The project was envisioned to be a global decentralised computer. This global decentralised supercomputer would execute anyone's code in exchange for a fee 📈️ Scaling Challenges 📈 Ethereum is struggling to scale because it uses proof of work consensus. Things have grown considerably since then and so have the number of dApps and transactions. This has resulted in blockchain bloat that has greatly slowed the network down. Simple dApps like CryptoKitties have brought blockchain to a standstill. Another problem comes from the fact that all transactions and dApp computations have to be confirmed by all nodes on the network. As the network has grown so too have the number of nodes. If you have a simple dApp that you want to run on the network, all of these nodes will have to agree before the dapp can compute. 👨🏼‍💻️ ETH 2.0 Features 👨🏼‍💻 Casper Proof of Stake will be the first update that can help Ethereum scale. The Etheruem devs have been working towards proof of stake since 2017. What was initially proposed was a hybrid proof-of-stake proof-of-work consensus mechanism called "Casper the Friendly Finality Gadget". The Ethereum developers are also working on a solution to the issue of a singular blockchain. They want to implement sharding on the blockchain and have seperate shard chains. These features will be rolled out in phases as per the Ethereum 2.0 roadmamp. Phase0 is the beacon chain which will be the transitory blockchain operating on PoS Phase1 will introduce the sharding and shard chains. In phase 2, the functionality of the entire system will come together. The shard chains will move from the simple data structure that they were in phase 1 to a structured chain state with smart contract functionality. 🗓 Development Progress 🗓 ETH 2.0 is not expected to launch in its entirety in the first half 2020. However, the developers are confident that phase 0 will launch in 2020. According to Ethereum researcher Justin Drake, he has "a 95% confidence we will launch in 2020". He also went on to say that phase 0 and phase 1 are respectively 99 and 90 percent complete 💰 Staking 💰 The upgrade to 2.0 also brings with it the ability to stake. Users with over 32 ETH could eventually start earning a staking return. The exact rewards are just estimates right now but the consensus seems to be about 5 to 6%. More demand for Ethereum to stake could lead to an uplift in price. You also have broader positive sentiment across the markets which has driven Ethereum over the $200 level. Over the long run, as the utility of Ethereum increases, so too could demand. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Ethereum #ETH #crypto #Sharding #Staking #blockchain #casper #smartcontract #dApps

#MKR #trading #crypto ► DAI Video https://rumble.com/v31i186-makerdao-dai-safe-stablecoin-for-hodling.html ► Complete DAI Review: https://www.coinbureau.com/education/what-is-dai-coin/ ► DAOStack & Decentralised Governance: https://www.coinbureau.com/blockchain/daostack-scaling-governance/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏰ Time Stamps ⏰ 0:55 Introduction 2:00 Maker & DAI 3:40 MKR Use Cases 5:30 Emergency Shutdown Feature 6:21 ICO & Token Dynamics 7:48 Team Members 8:20 Roadmap and Multi Collateral DAI 9:10 Maker Markets & Wallets 10:11 Conclusion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links 🔗 ⛓️ ► Website: https://makerdao.com/ ► Whitepaper: https://makerdao.com/en/whitepaper ► GitHub: https://github.com/makerdao/ ► CDP Portal: https://cdp.makerdao.com/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📱️ Socials 📱 ► Official Blog: https://blog.makerdao.com/ ► Twitter: https://twitter.com/MakerDAO ► Telegram: https://t.me/makerdaoOfficial ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📝 Project Overview 📝 Maker is a functional token that allows holders to govern the Maker system. So, ownership of a Maker token gives you a stakeholder position in the broader Maker ecosystem. By owning a Maker token, you’re able to take part in the maintenance of the entire Maker ecosystem. This includes its stablecoin DAI, which we’ll touch on briefly in a moment. This ERC-20 token aims to help stabilize cryptocurrencies in order to help drive the adoption and growth of the industry. ⚙️ Technology ⚙️ Maker’s value is tied to that of DAI, which is its decentralised stablecoin pegged to the US dollar. The purpose of the token is to stabilize DAI through the use of Collateralized Debt Positions When using a CDP, users deposit their assets into a smart contract. The asset is considered collateral for a loan. Once the assets are deposited, the user has the ability to generate the equivalent value they want to borrow in DAI. When the DAI gets paid, the user can then withdraw their collateral. MKR has three primary uses on the Maker platform. As a utility token, as a governance token, and as a resource for recapitalization. The emergency shutdown feature will stop and settle the Maker Protocol to ensure that everyone on the platform, both CDP holders and DAI holders, receive the value of the assets to which they are entitled. 💰️ Token 💰 There was no ICO for MKR tokens. Instead, the project was meticulous and selective about when and where they offered MRK tokens for sale. Doing so required more interaction on the part of the buyer than would typically be required during an ICO or crowdsale. Maker consistently sits in the top 25 of total market capitalization and currently has one million MKR circulating. 👨‍💻️ Team, Partners & Development 👨‍💻 Maker has a well-sized team working together to make Maker what it is today. There are plenty of designers, engineers, and developers from around the globe supporting the Maker project. In the Maker Roadmap, the biggest update to look forward to is the Multi Collateral DAI or MCD. With the upgrade to Multi-Collateral DAI, the MKR token will take on a more significant role in the broader ecosystem. Instead of using the pooled ether as the recapitalisation resource, MKR will be sold in order to raise the funds to recapitalise the system. 📈 Trading & Wallets 📈 Maker does less volume than comparably sized altcoins which could impact on liquidity especially for those larger block orders. There is relatively limited exchange support for the MKR token and the top 2 exchanges have the bulk of the trading volume. This is less optimal from a price discovery perspective. MKR is also not listed on some of the more popular exchanges like Binance, Coinbase etc. For storage, given that this is an ERC20 token you have quite a range of options. You should probably opt for a hardware wallet like a Ledger or Trezor. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #MakerDao #MKR #crypto #Ethereum #Review #ERC20 #DAI #Stablecoin #blockchain #Governance #trading #cryptocurrency #Exchange

#Bankruptcy #inflation #Trading 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 🛒 Check Out My Merch Store 👉 https://store.coinbureau.com/ 🏆 My $4K Trading Comp 👉 https://guy.coinbureau.com/deals/ 📲 Coin Bureau Insider Channel 👉 https://t.me/cbinsider 🐦 Follow Our Twitter 👉 https://twitter.com/coinbureau ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📺 Useful Vids 📺 Shitcoin Stocks 👉 https://rumble.com/v31ifz0-top-4-worst-shcoins-avoid-these-bags-.html Covid Inflation 👉 https://rumble.com/v31ihgo-could-lockdowns-supercharge-bitcoin-.html ETH Valuation 👉 https://rumble.com/v31i8e0-this-is-why-ethereum-is-super-valuable-.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - TIMESTAMPS - 0:00 Intro 2:06 What is a Zombie? 5:10 Covid Zombies 7:30 Post Lockdown Blues 10:05 Mass Bankruptcies? 12:11 Economic Impacts 13:54 Impacts on YOUR Portfolio 16:03 How I am Investing 19:11 Final Thoughts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Helpful Links & Sources 🔗 ⛓️ ► Zombie Firm Definition: https://www.investopedia.com/terms/z/zombies.asp ► America Zombie Apocolypse: https://www.bloomberg.com/news/articles/2020-11-17/america-s-zombie-companies-have-racked-up-1-4-trillion-of-debt ► Zombies with Covid: https://www.economist.com/finance-and-economics/2020/09/26/why-covid-19-will-make-killing-zombie-firms-off-harder ► Coming Bankruptcies: https://www.axios.com/2020/10/09/bankruptcies-zombie-companies-coronavirus ► Japan Lost Decade: https://www.nber.org/system/files/working_papers/w12142/w12142.pdf ► Covid Made Killing Zombies Hard: https://www.economist.com/finance-and-economics/2020/09/26/why-covid-19-will-make-killing-zombie-firms-off-harder ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 🤔 What is a Zombie Company? 🤔 it is a company that earns just enough operating income in order to service its debt. Given that these companies are just scraping by and meeting their operating and debt expenses, they have no money left over in order to fund further growth This means that the company does not really have any chance of paying off the outstanding debt let alone dividends The term has been around for some time and was originally popularized in Japan's "lost decade". Zombie companies generally tend to occur in those industries that have had major disruptions in their earning power. However, they can also happen in situations when a company has a massive disruption in its earnings potential such as a pandemic 🦠 Covid & Zombies 🦠 Covid has caused massive disruptions to earning potential in a number of sectors. These include the following: - Retail - Hospitality - Travel - Tourism In order to survive that period, many of them took on loans. Some companies were lucky enough to have gotten government funded low interest loans and other forms of support You also have the actions of the Fed which has meant that interest rates are near record lows. 💉 Vaccine Helps? 💉 There are vaccines on the way but it will only be some time before they can really have an impact on the economy. It will only really start to go back to normal in the summer of 2021 So, for many of these Zombie companies, it could be quite a while until they are earning anything close to those pre-pandemic revenues. So, these companies are likely to have to continue borrowing in order to keep afloat This will mean that they will still have a lot of expensive debt to service which is going to impact on their bottom line. It will take some time before they have the same amount of revenues 😱 Bankruptcies Incoming 😱 Eventually the governments are going to have to pull their support of these companies. It will mean that many of these zombie companies will have to declare bankruptcy. If this does happen, these bankruptcies could severely impact on the economy They are going to lead to job losses and lack of investment which could sap that economic growth. Many of these companies could be held in your stock portfolio. If there is lackluster economic performance then it means many companies are likely to struggle to cover debt 🤔 Where I am Stashing Wealth 🤔 Cryptocurrencies have unique characteristics that make it an ideal investment for me. These include the limited supply argument of Bitcoin. I also hold Ethereum as it can be used as one large decentralized supercomputer that is likely to power the new web. Cryptocurrency is also easy to move and store. It is hard to seize and makes it the ultimate safe haven asset. There are also a number of things that are in the pipes for both Bitcoin and Ethereum. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Bankruptcy #Zombie #Bitcoin #Trading #inflation #crypto #ethereum