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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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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What is Zenith Chain Coin

Zenith Chain is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one single function: the transfer of assets from one party to another.

Earn Crypto for Participating in the Zenith Chain Crypto Program

Another ambassador program! I can’t stress enough the possibilities of such programs that require a few hours of your time for earning potentially huge profits.

Zenith Chain Crypto is on the radar today! It’s an innovative blockchain that brings programmability and interoperability, supporting Ethereum tooling and up to 300,000 transactions per second.

Ambassadors will be eligible for $ZENITH drops and additional rewards.

HOW TO APPLY

• Create a MetaMask wallet if you don’t have one
• Add Zenith Chain network to your MetaMask.
• Here’s a guide 👈 on how to do it
• Complete the registration form

May the luck be with you on Zenith Chain Crypto

The Zenith Chain Crypto also supports EVM-compatible smart contracts and protocols. Cross-chain transfer and other communication are possible due to native support of interoperability. The Zenith Chain will be:

• A self-sovereign blockchain: Provides security and safety with elected validators.
• EVM-compatible: Supports all the existing Ethereum tooling along with faster finality and cheaper transaction fees.
• Interoperable: Comes with efficient native dual chain communication; Optimized for scaling high-performance dApps that require fast and smooth user experience.
• Distributed with on-chain governance: Proof of Staked Authority brings in decentralization and community participants. As the native token, ZC will serve as both the gas of smart contract execution and tokens for staking.

Resources:

White Paper: CLICK HERE

For More Zenith Chain Crypto: Read More

Zenith Chain Contract Address

Zenith Coin (ZENITH) ERC20 Token in Binance Smart Chain Mainnet. Token is implemented as ERC20 smart contract with address 0xda49c7f3e8b2943505648158da6ec1bdaadab2d4

Zenith Chain MetaMask

Installing and setting up MetaMask:

MetaMask can be downloaded on Chrome and Firefox, or on iOS and Android if you’re a mobile user. For the purposes of this tutorial, we’ll use the Firefox version, but the instructions will be more or less the same for every platform.

Firstly, you’ll want to head over to the MetaMask Download page. From there, select whichever platform you’re using, and follow the steps to install it on your device. Easy!

Next, follow along with the setup specified by the app. Go ahead and click Create a Wallet. Write down the backup seed phrase somewhere secret (preferably not on an Internet-connected device). Without this phrase, your funds can’t be recovered if your device is damaged or lost. Confirm that you’ve written them down on the next page.

And that’s it! You should now see your wallet, ready to send and receive funds.

Configuring the wallet

You might notice straight away that we’re still dealing with an Zenith wallet. At best, this won’t work with Zenith Chain DApps. At worst, you could lose funds by sending them to addresses you can’t actually use.

Let’s change that. We want to access the Settings to point the wallet towards Zenith Chain nodes.

Steps:

• Select Settings from the dropdown menu.
• On the Settings page, we want to locate the Networks menu.
• We want to click Add Network in the top-right corner to manually add the Zenith Chain one – it doesn’t come packaged with MetaMask. It’s important to note that there are two networks we can use here: the testnet or the mainnet. Below are the parameters to fill in for each.

Read More About Zenith Chain Crypto: READ MORE

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