Does cryptocurrency replace cash?

Financial tech analyst Dan Dolev says that this is definitive proof of crypto not replacing cash ever. According to him, cryptocurrencies are so insignificant mainly because of the reasons why people buy and trade them

Will cryptocurrency replace cash?

“Consumers and businesses are increasingly looking to make cryptocurrency transactions. Perhaps most of them want to trade, however, as transactions in digital currencies become easier and the regulatory framework is clearer, digital currencies can stand on a par with conventional ones,” — these are the words from Sheena Shah, Morgan Stanley’s Lead Cryptocurrency Analyst.

On the Thoughts on the Market podcast, Sheena also mentioned that the time has come for the stability and acceptance of cryptocurrencies to grow exponentially.

Many crypto companies and exchanges have already issued Visa and Mastercard cards for making payments in crypto assets. A few governments have proposed bills to allow paying taxes in crypto.

Mark my words: the concept of being crypto-friendly will soon become common sense

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Janet Yellen News

In a recent interview, U.S. Treasury Secretary Janet acknowledged crypto’s growing role in American finance. She also said she’ll work towards creating a regulatory environment which should be good for continued innovation.

Janet Yellen Bitcoin

“There have been benefits from crypto and we recognize that innovation in the payment system can be a healthy thing,” — quote from the CNBC interview.

A year ago she was the one warning that bitcoin is an “extremely inefficient” way to conduct monetary transactions

This change of mind is what crypto truly deserves, isn’t it?

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Unbound Finance

Unbound is an Ethereum based lending protocol that uses the liquidity of Automated Market Makers (Uniswap, Curve.fi, etc.) as collateral. Users are bound by highly secured, perpetual smart contracts and are free from the risk of their collateral being liquidated

What is Unbound Finance?

Unbound Finance is a decentralized, cross-chain liquidity protocol that is building the next money lego by unlocking the liquidity from AMMs.

The protocol is the ‘First-Ever-Debt-Free Liquidity Provision System’ that collateralizes LPTs to generate synthetic assets including UND and uETH. The protocol charges no interest and is liquidation-free.

Become An Ambassador of Unbound Finance

They’ve recently announced a Global Ambassador Program where participants can actively participate in the promotion and development of the project by creating memes, GIFs, articles, communicating with other members and so much more.

All ambassadors will be entitled to rewards in $UNB tokens, special NFTs and access to exclusive events.

The best part is that you can apply by simply sending an email directly to the team! Make sure to dive into valuable details on how you can help and what’s your motivation to participate.

Write to partners@unbound.finance And good luck.

Learn more about Unbound: CLICK HERE

Dan Morehead, CEO Pantera Capital

“Unbound has a great potential for developing a leadership position in the large and fast growing DeFi space. It gives us immense pleasure to support the Unbound team as they build innovative and strategic tools to capitalize upon the untouched arenas of the crypto industry.”

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Itheum Raises Fresh Capital

The session has attracted well-established web3 and investment firms, including Elrond Foundation, Mechanism Capital, Ascensive Assets, Woodstock, Skynet EGLD Capital, ZBS Capital, MHC Digital Finance, and others. The project has raised $4M in total (including an additional $1.5M via Elrond Dubai Incubator), confirming a substantial interest across prominent VCs and investors of the crypto space.

Last week, Itheum also entered the Elrond Ecosystem by becoming the second-ever official project to join the Maiar Launchpad.

Itheum Raises Fresh Capital

This partnership represents another important milestone, and it affirms the hard work and dedication the Itheum team has performed to date. Besides, the collaboration with the Maiar Launchpad shaped an excellent opportunity to bring the service to more users and developers.

Read the full announcement: READ MORE

Learn more about holoride: Itheum

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Buy Citizenship With Crypto

Vanuatu is the first country that officially accepts bitcoin payments in exchange for citizenship. Vanuatu bitcoin citizenship.

Also Saint Kitts and Nevis, an island country in the Caribbean, has curious citizenship by investment program. If you have $150,000 (~3.89 BTC) to invest, as long as you aren’t a crim, you can obtain a St. Kittian passport in exchange for it

Buy Citizenship With Crypto

This country is friendly to crypto investors. Crypto gains are not taxed there, capital gains tax on crypto aren’t imposed, and Bitcoin ATMs are placed throughout the country.

In Dubai, they seem to be very supportive of the blockchain technology and crypto

And I just have to ask: would you buy yourself citizenship to live in a crypto-friendly country?

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