"America, however, seems to be preparing for a change. Andrew Yang (a fellow crypto lover and entrepreneur) is preparing to run for President against Trump in 2020, and Ohio and Wyoming making progressive crypto regulations, things seem to be taking a turn for the best. The SEC has also softened with the up-and-coming rise of the STOs, which are easier to comply and regulate. Stablecoins also play an important game. With big banks (like JPM) issuing their own currencies, and companies such as ourselves trying to innovate in the way value is stored and exchanged (creating asset-backed currencies), a wave of innovation that can’t be stopped seems to be coming our way." Taken from our article - Are the Winklevoss Twins the Leaders the Crypto World Needs Right Now? Read the full article at - https://medium.com/@diamDEXX/are-the-winklevoss-twins-the-leaders-the-crypto-world-needs-right-now-3ad0c84c958aand follow us in social media to support our project! 🔷❤ |
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"The main concept of Facebook’s Libra launch is to remove the barriers associated with accessing the global monetary system - especially for those based in emerging and third-world economies. To achieve this, the Libra coin will act as stablecoin, which will be fully backed by a basket of major currencies and government securities (such as Treasury Notes). However, although the Libra project is not expected to launch until 2020, Facebook has already caught the attention of U.S. regulators. Just a day after the project announcement, the Senate Banking Committee announced that it would be holding a crucial hearing on July 16th to determine the risks of the project." Taken from the article: Will Facebook Coin Actually Be Able To Bank The Unbanked? Read it by going to: https://cryptodaily.co.uk/2019/06/will-facebook-coin-actually-be-able-to-bank-the-unbankedFollow us to support our project: https://twitter.com/COINsistentShow ❤ |
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"The biggest crypto exchange by volume Binance and digital asset Trust company Paxos have integrated a new fiat deposit gateway on Binance’s flagship trading platform. According to a press release published on June 26, the gateway will enable traders to exchange fiat currency for the PAX Standard (PAX) stablecoin on the Paxos platform via wire transfer. The amount will then be reflected directly as a PAX-denominated balance in their Binance accounts." Taken from the article: Binance and Paxos Just Made It Easier to Exchange Stablecoins for Fiat Read it by going to: https://cointelegraph.com/news/binance-and-paxos-just-made-it-easier-to-exchange-stablecoins-for-fiatFollow us to support our project: https://twitter.com/COINsistentShow ❤ |
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"The history of the diamantaire industry is not one without a stain. Mo’ money, mo’ problems, some might say. However, the implementation of several best practices –some of them recognized by the UN and NATO, such as the Kimberley Process adopted by 84 countries — have led to procedures oriented towards avoiding the financing of criminal groups, tax evasion, child labour, and other despicable practices. At diamDEXX, we take these practices as a must-have and a token of social responsibility, and only back our stablecoin DIAM with certified, Kimberley Process and IDEX-compliant diamonds." Taken from our article - Why We Don’t Fear Criticism: Debunking the Most Common Diamonds and DIAM Misconceptions Read the full article at - https://medium.com/@diamDEXX/why-we-dont-fear-criticism-debunking-the-most-common-diamonds-and-diam-misconceptions-exciting-d9c644b5ebb5 and follow us in social media to support our project! 🔷❤ |
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"In May, Binance released a report about the state of the stablecoin market. It brings the extent of the current stablecoin boom into sharp relief. In 2019, stablecoins have already overtaken Bitcoin in trading volume. This is driving others to get in on the current trend. For example, Binance itself has announced its intentions to release a stablecoin. In even bigger news, all eyes have been on Facebook since it confirmed it would be launching its own stable version of a cryptocurrency." Taken from the article: Top 5 Stablecoins to Look Out For Read it by going to: https://coingape.com/top-5-stablecoins-look/Follow us to support our project: https://twitter.com/COINsistentShow ❤ |
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"There are several criteria that are critical to assess when determining a stablecoin’s quality. The first criteria and perhaps the most important one as well would be liquidity. Will you be able to actually get cash for the token, when the time comes? How quick can you convert cryptocurrencies to the stable coin? How accessible is it? The primary reasons to hold a stablecoin are for the ease of moving dollar figures between exchanges, and for storing value. Therefore, the number of exchanges that support a given stablecoin is important." Taken from the article: Top 5 Stablecoins to look out for in 2019 Read it by going to: https://ambcrypto.com/top-5-stablecoins-to-look-out-for-in-2019/Follow us to support our project: https://twitter.com/COINsistentShow ❤ |
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"JP Morgan is just one of the players that are joining the stablecoin game. Facebook and Twitter, for instance, have established clear positions regarding cryptocurrency, with the former focused on developing a stablecoin used within Whatsapp for remittance payments in India, a multi-billion dollar industry. Failed states such as Venezuela and Iran have also announced the development of stablecoins aimed at surpassing economic sanctions and re-taking asset-backing standards." Taken from our article - Crypto Dollars: Are stablecoins effectively marking the end of volatility? Read the full article at - https://medium.com/@diamDEXX/crypto-dollars-are-stablecoins-effectively-marking-the-end-of-volatility-597b4823ab19 and follow us in social media to support our project! 🔷❤ |
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Facebook’s shadow is hovering over the crypto world. Cryptocurrency, at its core, is threatened again by the presence of the social media giant, which aims to build a monopoly over electronic payments to take the blockchain space by storm. And users –or at least those who know and have been in the space through thick and thin — start to fear the death of decentralization. Taken from our article - An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain? Read the full article at - https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd and follow us in social media to support our project! 🔷❤ |
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"A stablecoin is a digital currency with a value pegged to and backed by an asset with a relatively stable value, like US dollars. Blockchain projects such as Tether already offer a stablecoin based on US dollars. Now, a new company called diamDEXX is offering the opportunity to invest in stablecoins where the value is tied to one dollar, but the currency itself is backed by physical reserves of diamonds. The diamonds held in reserve by diamDEXX are stored in five different tax-free zones. The diamonds are audited by IDEX, and subject to the Kimberley Protocol, which certifies the diamonds do not originate from a conflict zone." Taken from the article: Diamonds Used to be Africa's Curse — Could Blockchain Make Them into Africa's Cure? Read it by going to: https://uk.advfn.com/newspaper/luisaureliano/51292/diamonds-used-to-be-africa-s-curse-could-blockchain-make-them-into-africa-s-cureFollow us to support our project: https://twitter.com/COINsistentShow ❤ |
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"Understanding the stablecoin panorama as an ecosystem is important since those without experience in the crypto world might fall into the a-dollar-is-a-dollar-is-a-crypto-dollar trap. However, one could argue that leaving behind the speculative nature that comes along with ‘regular’ crypto assets is fundamentally good for the adoption and development of an electronic money culture." Taken from our article - Crypto Dollars: Are stablecoins effectively marking the end of volatility? Read the full article at - https://medium.com/@diamDEXX/crypto-dollars-are-stablecoins-effectively-marking-the-end-of-volatility-597b4823ab19 and follow us in social media to support our project! 🔷❤ |
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The primary reasons to hold a stablecoin are for the ease of moving dollar figures between exchanges, and for storing value. Therefore, the number of exchanges that support a given stablecoin is important. Another important factor would be the issuer and its associates. Are they a reputable, regulated company? Are their operations transparent? Do they use auditing firms, if so – who? How stable are their banking relationships, and where is it located regulation wise? How transparent are they with its investors? Taken from the article: Top 5 Stablecoins to look out for in 2019 Read it by going to: https://ambcrypto.com/top-5-stablecoins-to-look-out-for-in-2019/Follow us to support our project: https://twitter.com/COINsistentShow ❤ |
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"Over the last two years, the U.S. has upheld a series of controversial policies regarding crypto, with the infamous ‘ICO ban’ being one of the most popular. A news article featuring a company’s name next to the SEC’s, is, at its least, enough to make even the bravest CEOs break some sweat." Taken from our article - Are the Winklevoss Twins the Leaders the Crypto World Needs Right Now? Read the full article at - https://medium.com/@diamDEXX/are-the-winklevoss-twins-the-leaders-the-crypto-world-needs-right-now-3ad0c84c958a and follow us in social media to support our project! 🔷❤ |
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Cryptocurrency trading can result risky when not taking the right precautions. Asset-backed currencies — especially when redeemable, such as our very own DIAM — offer a haven for investors in this sense, as users have a gateway to exit the cryptomarket without going through fiat money. In this sense, the tokenization of assets helps investors avoid intrinsically flawed money in favour of commodities and assets with a clear use and value, something that even the most popular cryptocurrencies tend to lack. In this system, the blockchain becomes the definitive vehicle for asset growth and creative investing. Taken from our article - The Bear’s Bottom is Here: What does this mean for Stablecoins? Read the full article at - https://medium.com/@diamDEXX/the-bears-bottom-is-here-what-does-this-mean-for-stablecoins-962f109b6f9d and follow us in social media to support our project! 🔷❤ |
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Providing a currency that’s backed by diamonds allows DiamCoin to be perfectly stable and, with the right mechanisms and smart contracts, remain at the mark of $1. It also allows our system to revolutionise payments and disrupt the diamantaire industry, creating a system where customers can redeem their DiamCoin’s worth of diamonds on a platform that interconnects thousands of manufacturers. Taken from our article - ‘Stablecoining’ the Yen: How Groundbreaking Exactly Is the New J-Coin? Read the full article at - https://medium.com/@diamDEXX/stablecoining-the-yen-how-groundbreaking-exactly-is-the-new-j-coin-881d0aae25d2 and follow us in social media to support our project! 🔷❤ |
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One of the qualities that make diamonds so widely desired –besides from their rarity — is the fact that they’re an incredible store of value: Over the last century, they’ve massively outperformed oil, gold, and pretty much every other asset in crisis resistance and stability. This is because of the regulatory standards imposed by IDEX, the world’s widest trading network and authority, which ensures the industry standards (such as socially-responsible mining and compliance with trademarks) are upheld. Taken from our article - Why We Don’t Fear Criticism: Debunking the Most Common Diamonds and DIAM Misconceptions Read the full article at - https://medium.com/@diamDEXX/why-we-dont-fear-criticism-debunking-the-most-common-diamonds-and-diam-misconceptions-exciting-d9c644b5ebb5 and follow us in social media to support our project! 🔷❤ |
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Crypto has given us the power to create currencies purely for speculation, tokenisation, privacy, support decentralization, secure assets, and many more use cases. These differences help keep the crypto game competitive, and should not be ignored in the emergence of a “convenient” tool. At the end of the day, the alternative can be too ugly to bear it. Taken from our article - Why Face Coin Might Be the Birth of a Cultural Dystopia (And How to Avoid It). Read the full article at - https://medium.com/@diamDEXX/why-face-coin-might-be-the-birth-of-a-cultural-dystopia-and-how-to-avoid-it-20113ff6a62a and follow us in social media to support our project! 🔷❤ |
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"Entrepreneur Jeremy Dahan, CEO of diamDEXX, aims to shift peoples’ perceptions of diamonds away from this and to use diamonds for good to bring Africa back into power by connecting it to the rest of the world." Taken from the article: How This Entrepreneur Wants To Connect Africa's Economy To The World Using DiamondsRead the full article at: https://www.entrepreneur.com/article/334888 |
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"COINsistents are currencies such as BNB, Paxos, Gemini and DIAM, that are backed by security, regulations, strong branding, physical or tangible assets, and aim to replace stablecoins as the newest crypto trend. DIAM, in particular, is making waves through its innovative crypto-to-diamond approach." To watch the full video, Go to: https://www.youtube.com/watch?v=suKx2fOWwoI 👈🌐 |
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