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Risk Related to Reliance on Third Parties. Even if completed, the GEC platform will rely, in whole or part, on third parties to adopt and implement it and to contin- ue to develop, supply, and oth- erwise support it. There is no as- surance or guarantee that those third parties will complete their work, properly carry out their obligations, or otherwise meet anyone’s needs, all of might have a material adverse effect on the GEC platform. Depend- ence of GEC Platform on Vari- ous Factors. The development of the GEC Platform may be aban- doned for a number of reasons, including lack of interest from the public, lack of funding, lack of commercial success or pros- pects, or departure of key per- sonnel. Lack of Interest to the GEC Plat- form. Even if the GEC platform launched, the ongoing success of the GEC platform relies on the interest and participation of third parties like developers. There can be no assurance or guarantee that there will be suf- ficient interest or participation in the GEC platform. Changes to the GEC Platform The GEC platform is still under development and may undergo significant changes over time.
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If you are going to put a lot of money in a stable coin, or use it for long term store of value, please do your research first! Most of the time stable coins act like Tether, but once in a while you get a Nubits. Nubits has a solid history of recovering, but its history has not always seen it trade for a dollar. No one wants to wake up and see their $1 suddenly become worth .50 cents, and thus one should be cautious with stable coins.Anchor is a new cryptocurrency introducing a truly stable peg of value for the first time on the global crypto-market. Anchor is modeled as a two-token system consisting of the Anchor Coin, the system’s currency and payment token, and the Dock Token, the systems utility token that is used to insure system stability
Anchor is addressing one of the biggest issues in the global economy – how to preserve monetary value over time, stabilize the value of any given currency, lower its volatility and prevent devaluation.
Anchor aims to solve the problem of transparency, liquidity, guarantee and trust on a global scale and thus tackle these burning issues directly, with the introduction of stability facilitated by the purchase of sovereign debt as the backing for the two-token system.
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Latin America is an often-over-looked region in the crypto-space, but that’s beginning to change. With a population double that of the United States and rapidly approaching Europe, Latin America’s impact on the global economy is becoming impossible to ignore.
After the death of the global commodity boom that bolstered emerging markets in Central and South America, the region slowed to a crawl. But despite economic troubles in Venezuela and Argentina, Latin America as a whole is on its way back. And the fintech sector is leading the charge. The project will create the ideal system for token transfers. The intermediate goal is to offer PAX Pago users a cost-effective and faster alternative to stabilize their funds and provide liquidity.
PAX Pago Platform will transition from early stages of building upon a better network into facilitating the process of cryptocurrency and fiat exchange. When the foundation of this network is proven, the project will progress into the development of a Smart Economy. Features of the development includes but not limited to the following: multicurrency, cryptocurrency wallet, and blockchain capable hardware payment processor, smart contract enabled consumer/brick and mortar incentive focused systems, and much more.
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We look at history when we intend to make a prediction about future events. Have there been any similar incident in the past? How did the incident end? Many people believe the future can be predicted partially. In late 2013, The price of Bitcoin went from $100 to about $1,000 after a series of very positive events (culminating in the famous Bitcoin Lovefest Senate Hearing). Many of the current cryptocurrency blockchain founders were apart of the industry, but only really got serious about the industry after this event. What followed this was a long bear market that didn’t fully bottom out until January of 2016, and didn’t fully recover until 2017. While the industry kept active and continued to innovate, the market didn’t reflect this change until 2017.bIf we look at what the overall market looks like today, it’s easy to see a resemblance to this event I’m not one to rely on similar looking charts to make decisions about a market, but the circumstances and the subject matter are too similar to chalk up to coincidence.PAX Pago will be a borderless payment and settlement platform. The project provides transparent transactions and will be a medium of stability in the event of economic turmoil. Independent from economic cycles, the project builds an ecosystem supporting the trading of goods and services.The goal is to return liberty into the hands of citizens by opening new channels of commerce. PAX Pago is utilized as payment for items produced, products sold or services rendered. Our platform offers high-speed reliable transfer, and enables transparent information flow in addition to Combating problems of inflation, inefficient public services, and slow technological advances. PAX Pago will be a medium of exchange.
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The textbook case of crisis-driven crypto adoption is Venezuela, with the first report on Venezuelans turning to [Suspicious link removed]iving in October 2014. According to Reuters, Venezuelans were being driven to the cryptocurrency by the capital controls imposed by President Hugo Chavez in 2003, which made it excruciatingly hard for them to obtain U.S. dollars. Given that, even then, hyperinflation was in motion in Venezuela (at 68.5 percent), locals began purchasing — and mining — Bitcoin, which stood at $388.30 by the beginning of that October, despite having fallen by around 49 percent since the beginning of the year. The PAX Pago platform will offer solutions to mitigate these challenges. The goal is to return liberty into the hands of citizens by opening new channels of commerce. PAX Pago is utilized as payment for items produced, products sold or services rendered. Our platform offers high-speed reliable transfer, and enables transparent information flow in addition to Combating problems of inflation, inefficient public services, and slow technological advances. PAX Pago will be a medium of exchange.
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Cryptocurrency exchange regulations in Latin America are sparse: many countries have no specific laws governing the trade of cryptocurrencies and so, beyond the scope of existing legislation, do not regulate exchanges. Mexico regulates exchanges to an extent: the Law to Regulate Financial Technology Companies extends anti money laundering (AML) laws to cryptocurrencies through registration and reporting requirements.The project will create the ideal system for token transfers. The intermediate goal is to offer PAX Pago users a cost-effective and faster alternative to stabilize their funds and provide liquidity.
PAX Pago Platform will transition from early stages of building upon a better network into facilitating the process of cryptocurrency and fiat exchange. When the foundation of this network is proven, the project will progress into the development of a Smart Economy. Features of the development includes but not limited to the following: multicurrency, cryptocurrency wallet, and blockchain capable hardware payment processor, smart contract enabled consumer/brick and mortar incentive focused systems, and much more.
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