The COINsistent Show - The Crypto Actuallity that /Actually/ Matters!

[Hello Diamonds]

Hi, All!

We're starting a channel for The COINsistent Show, a weekly special where we'll review the actuality of crypto's actually important currencies.

With a very clear set of criteria, and armed with tons of research, we'll cover the assets that we call COINsistents: Currencies that promise consistency both as everyday money and as vehicles of speculation.

We hope you all like our videos, and can help us with some feedback about them!

 To watch our latest video (07/July/2019) and SUBSCRIBE, Go to: https://youtu.be/Gda8B1QmKok

Join our Facebook Group at: https://www.facebook.com/groups/534848783684156/

Follow us on Twitter at: https://twitter.com/COINsistentShow/

[museakira78]

"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 👈🌐

[msap100]

"BNB continues to be on fire, and the heat doesn't seem to be going anywhere. Binance's native currency recently hit an All-Time-High since the company adopted new policies to benefit HODLing as opposed to trading."

To watch the full video, Go to: https://www.youtube.com/watch?v=suKx2fOWwoI  👈🌐

[museakira78]

"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 Diamonds
Read the full article at: https://www.entrepreneur.com/article/334888

[Hello Diamonds]

The new video from The COINsistent Show guys is LIVE! 😱
GlobalCoin? 🤔 PAXOS used for Real Estate? 🏚 BNB at ATH? 👏
All that, and more, on their newest video! 👇

Have you subscribed yet? If you haven't, do it on their Youtube channel!
Go to https://youtu.be/Kh_24htRBW8

[msap100]

"On more COINsistent news, a big investors' favourite, BNB, recently broke its January 2018 All-Time-High by hitting $33,6, an unprecedented amount. Binance's own cryptocurrency seems to be moving impulsively in a much-awaited bull run, say technical analysts, which could continue the coin's exponential growth."

To Watch The Full Video, Go To: https://www.youtube.com/watch?v=Kh_24htRBW8&feature=youtu.be

[msap100]

"Speaking of big surprises, another COINsistent, DIAM, recently announced the creation of its EOS sidechain, which will be used to provide the currency with the flexibility required to be adopted for micropayments."

To Watch The Full Video, Go To: https://www.youtube.com/watch?v=Kh_24htRBW8

[museakira78]

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/


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[msap100]

"While stablecoins can address many of the shortcomings in today’s cryptocurrency ecosystem, they have had their own share of problems. This is something that diamDEXX is striving to solve by backing their token with diamond assets and offering convertibility with real diamonds."

Taken from the article: DIAMOND-BACKED STABLECOIN CEO TALKS BLOCKCHAIN FOR STORING VALUE
Read it by going to: https://bitcoinist.com/diamond-backed-stablecoin-ceo-talks-blockchain-for-storing-value/


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[museakira78]

"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-cure


Follow us to support our project: https://twitter.com/COINsistentShow ❤

[msap100]

"Sidechains are a specific mechanism that allows cryptocurrencies to interact with one another. They serve to add flexibility to systems, allowing for tracking and testing in-network, helping support their main chain. Through a sidechain, diamDEXX is allowing DIAM (an ERC-20 token) to freely interact with the EOS network, which supports bigger applications and doesn’t charge fees. An EOS sidechain also helps add security to the original chain, creating a perfect platform for micropayments and daily use."

Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a

Follow us to support our project: https://twitter.com/COINsistentShow ❤

[museakira78]

"The launch of the newly confirmed stablecoin resulted in multiple personalities of the blockchain and finance industries publicly ripping Libra into pieces. To this, Facebook’s new Head of Blockchain, David Marcus, optimistically said: “To earn people’s trust, we are going to have to make a strong commitment on privacy.”"

Taken from the article: An Oligopoly In the Making: Who’s David Marcus, Facebook’s ‘Libra’ Head of Blockchain?
Read it by going to: https://medium.com/@diamDEXX/an-oligopoly-in-the-making-whos-david-marcus-facebook-s-libra-head-of-blockchain-41a49ed902bd?postPublishedType=initial


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[msap100]

"There's been a lot of talk about how cryptocurrencies and blockchain are at odds with policy objectives and nation-states, especially with the emergence of Libra and the reaction to it from policy-makers across the world. However, there are areas of collaboration where the spirit of bitcoin and the cryptocurrencies it spawned reduces the volatility generated by the conventional financial system."

Taken from the article: Central Banks Are Using Blockchain To Stabilize The Global Financial System
Read it by going to: https://www.forbes.com/sites/rogerhuang/2019/06/23/central-banks-are-using-blockchain-to-stabilize-the-global-financial-system/#be15a0459d5e


Follow us to support our project: https://twitter.com/COINsistentShow ❤

[museakira78]

"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 ❤

[msap100]

"DIAM was created with the idea of liquidising diamonds, the most crisis-resistant asset and one of the top-performing asset classes in the world. diamDEXX has stated that thanks to this, pegging their currency to $1, and establishing a redeeming system where users can get their currency’s worth in diamonds, they’re building a currency that rivals the stability and consistency of the Gold Standard Dollar. The company aims to create a borderless, low-fee platform for payments worldwide and is moving fast towards this goal, with several papers reporting on its partnership with tech giant Microsoft."

Taken from the article: diamDEXX Announces An EOS Sidechain For Its ERC-20, Diamond-Backed Token: DIAM.
Read it by going to: https://medium.com/@diamDEXX/diamdexx-announces-an-eos-sidechain-for-its-erc-20-diamond-backed-token-diam-c8b975d81c5a

Follow us to support our project: https://twitter.com/COINsistentShow ❤

[museakira78]

"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 ❤

[msap100]

"Facebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers, according to the organisation that represents the world’s central banks. Although the move of big tech firms such as Facebook, Amazon and Alibaba into financial services could speed up transactions and cut costs, especially in developing world countries, it could also undermine the stability of a banking system that has only just recovered from the crash of 2008."

Taken from the article: Facebook's Libra cryptocurrency 'poses risks to global banking'
Read it by going to: https://www.theguardian.com/technology/2019/jun/23/facebook-libra-cryptocurrency-poses-risks-to-global-banking

Follow us to support our project: https://twitter.com/COINsistentShow ❤

[museakira78]

"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-fiat

Follow us to support our project: https://twitter.com/COINsistentShow ❤

[msap100]

"Throughout its short history, Bitcoin (BTC) has been seen as anything but centralized, sovereign, and censorable. The crypto asset was created by a pseudonymous individual, is secured by a global group of miners, and is backed by no government, traditional finance system, or common entity.
And as a result, many have looked to Bitcoin and its brethren — other digital assets — as a much-needed escape hatch from fiat and government overreach. Indeed, the cryptocurrency was released in the wake (and seemingly as a result) of the 2008 Great Depression, and many that have since flocked to the cryptocurrency are staunch anti-establishment proponents."

Taken from the article: Merit of Crypto as Safe Haven Showing: Bitcoin Volume in Hong Kong Spikes
Read it by going to: https://www.newsbtc.com/2019/06/17/merit-of-crypto-as-safe-haven-showing-bitcoin-volume-in-hong-kong-spikes/

Follow us to support our project: https://twitter.com/COINsistentShow ❤

[museakira78]

"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-unbanked

Follow us to support our project: https://twitter.com/COINsistentShow ❤