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Author Topic: Would you like to become a co-owner of a decentralized world bank?  (Read 1233 times)
H0rwann
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June 07, 2022, 04:10:28 PM
 #81

I would like a business to use the blockchain and all the advantages that this gives, and I think that it would be much better than becoming a co-founder of such a bank. Because you can integrate different useful things together. Fortunately for my employees, with the help of Pandadoc, it became possible to implement a different level of document management using new software. If we add to this all the advantages of the blockchain system, then it was possible to make products much better than now
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June 08, 2022, 03:14:37 AM
Last edit: June 20, 2022, 01:53:12 AM by VictorProsh
 #82

I would like a business to use the blockchain and all the advantages that this gives, and I think that it would be much better than becoming a co-founder of such a bank. Because you can integrate different useful things together. Fortunately for my employees, with the help of Pandadoc, it became possible to implement a different level of document management using new software. If we add to this all the advantages of the blockchain system, then it was possible to make products much better than now
To become the owner of your cell in the world bank, where everyone is independent and independent, free to conduct their own business independently, benefiting not only themselves, but all owners of their cells, I think this business deserves attention.
                      



This bank cannot be bankrupted, so your financial assets are protected and liquid.


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June 19, 2022, 10:47:33 AM
 #83

I like it when all my data is secure and I don't have to worry about its security when connect jira to power bi. I find it the perfect software for working with jira because it makes my workflow much easier, especially in the evening, and it's also an easy way quickly prepare various jira reports. In general, I really advise you to pay attention to this software.
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June 19, 2022, 11:42:01 PM
Last edit: June 20, 2022, 01:42:41 AM by VictorProsh
 #84

I like it when all my data is secure and I don't have to worry about its security when connect jira to power bi. I find it the perfect software for working with jira because it makes my workflow much easier, especially in the evening, and it's also an easy way quickly prepare various jira reports. In general, I really advise you to pay attention to this software.
You obviously associate your software with a safe deposit box. But here's the trouble: you, like a bank cell, have a master who can open or close your data as easily and simply as in life, so my advice to you is to go into decentralization.
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June 20, 2022, 07:16:01 AM
 #85

How do you guarantee that there are not a devaluation of your deposits? You are only looking at the influence that the deposits at this Bank will have, but not at the influence that trading of that token on other Exchanges will have.

A Bank in other people's view, is something that secure deposits and also give interest on their deposits. (Most Banks... but lately some people are paying Banks to secure their deposits)  Roll Eyes

Can you create some Infogram for your vision for this Bank to explain it a bit better?

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June 21, 2022, 01:21:42 AM
 #86

How do you guarantee that there are not a devaluation of your deposits? You are only looking at the influence that the deposits at this Bank will have, but not at the influence that trading of that token on other Exchanges will have.

A Bank in other people's view, is something that secure deposits and also give interest on their deposits. (Most Banks... but lately some people are paying Banks to secure their deposits)  Roll Eyes

Can you create some Infogram for your vision for this Bank to explain it a bit better?
Good question!

If you have an account (a cell in a crypto bank) and you put ETH in it, the crypto bank has given you its guarantees (keys to the cell in the form of tokens). The property of tokens is to unlock the cell, they are also needed to open an account in a crypto bank. It makes no sense to sell or mortgage them below par, since they can only grow in price with the growth of the issue. If you (the keys) sell ETH, it will remain blocked in your cell until you find a way to unlock it, for this you have the opportunity if you start to intensively connect others who want to open an account in a crypto bank offering their account for connection. This way everyone will be happy. There are no losers in this project, there are only latecomers, as in the example of bitcoin.
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June 21, 2022, 03:44:25 PM
 #87

I would like a business to use the blockchain and all the advantages that this gives, and I think that it would be much better than becoming a co-founder of such a bank. Because you can integrate different useful things together. Fortunately for my employees, with the help of Pandadoc, it became possible to implement a different level of document management using new software. If we add to this all the advantages of the blockchain system, then it was possible to make products much better than now
To become the owner of your cell in the world bank, where everyone is independent and independent, free to conduct their own business independently, benefiting not only themselves, but all owners of their cells, I think this business deserves attention.
                      



This bank cannot be bankrupted, so your financial assets are protected and liquid.

It is still in fiat world, and we are looking for a crypto one, or at least I am looking for one. I would love to have a bank, like regular old bank idea and nothing weird, but instead of fiat just with crypto and nothing more. I would love to have a bank where I would put my bitcoins in, each month when I earn my salary, and then I would have a debit card, maybe a credit card if I have high score, or a loan all in crypto and they would have some signatures and collateral and so forth like regular banks as well.

There could be some people who default, but at the end of the day there could be some who won't and if the default rate is low, then they will profit and make a ton of profit plus they could get a lot of money when bitcoin goes up too.

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June 21, 2022, 04:33:56 PM
 #88

But what’s the point in this project if we already have several such projects lying around. What’s the difference between yours and the one that already exists. Starting from the bitcoin itself we have encountered whole new arena of co-ownership of the decentralised world bank. Every individual holding small to heavy balances in terms of bitcoin is already owning their bank and free from the centralised bank’s regulations. So apart from this any new project that comes up would be added advantage for us.
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June 23, 2022, 12:41:38 AM
 #89

But what’s the point in this project if we already have several such projects lying around. What’s the difference between yours and the one that already exists. Starting from the bitcoin itself we have encountered whole new arena of co-ownership of the decentralised world bank. Every individual holding small to heavy balances in terms of bitcoin is already owning their bank and free from the centralised bank’s regulations. So apart from this any new project that comes up would be added advantage for us.

You are right about the keyword (if we already have several such projects lying around), and the difference is that none of them meets the requirements for the liquidity of the security of your investments. This project solves these problems.
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June 24, 2022, 09:54:58 AM
 #90

Nowadays it is very easy to make tokens or coins, even to make tokens on the fast BSC network with the amount we can control it only takes no more than $ 5000, this is what makes the current number of coins and tokens more than 20k, and maybe 2025 the number more than 100k coins and tokens.

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June 24, 2022, 11:19:38 AM
 #91

I would like a business to use the blockchain and all the advantages that this gives, and I think that it would be much better than becoming a co-founder of such a bank. Because you can integrate different useful things together. Fortunately for my employees, with the help of Pandadoc, it became possible to implement a different level of document management using new software. If we add to this all the advantages of the blockchain system, then it was possible to make products much better than now
To become the owner of your cell in the world bank, where everyone is independent and independent, free to conduct their own business independently, benefiting not only themselves, but all owners of their cells, I think this business deserves attention.
                      



This bank cannot be bankrupted, so your financial assets are protected and liquid.

It is still in fiat world, and we are looking for a crypto one, or at least I am looking for one. I would love to have a bank, like regular old bank idea and nothing weird, but instead of fiat just with crypto and nothing more. I would love to have a bank where I would put my bitcoins in, each month when I earn my salary, and then I would have a debit card, maybe a credit card if I have high score, or a loan all in crypto and they would have some signatures and collateral and so forth like regular banks as well.

There could be some people who default, but at the end of the day there could be some who won't and if the default rate is low, then they will profit and make a ton of profit plus they could get a lot of money when bitcoin goes up too.

This project just meets your desire. This bank allows you not only to accumulate your assets, but also gives you the opportunity to earn by helping others open their accounts (cells) and do the same, which leads to an increase in the total deposit, which affects your income percentages.
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June 25, 2022, 09:39:42 AM
 #92

What is the main problem you want to solve with this? What makes you think more problems won't be created trying to solve the problem.

Do you have examples of assets that do not or will not lose value?

Your idea is very interesting though

Good question.
In my opinion, the main problem is that everyone is trying to solve the new decentralized financial system within the framework of the old proven monetary system. This mistake is made by everyone who is trying to come up with another stable coin by tying it to the dollar or another Fiat. Satoshi proposed another solution for the development of a new decentralized economy and everyone together undertook to link Bitcoin to the Dollar, everyone began to print their own stable coins without understanding the basics of the value of decentralized finance, this is the same as the treasury began to print dollar No. 1, No. 2, No. 3, etc. as much as necessary and we will do.
I solved this problem with my project by creating an example of an asset that under no circumstances can be devalued because it is not tied to Fiat, which means it cannot be reset.

Give me some time to go through your work and understand exactly what it's about.
Are you a programmer?

Central means controlled specifically by someone.
The World Bank is a Decentralized Bank with no center, managed simultaneously by all its co–owners, wherever they are. This bank, accumulating the financial asset of its owners, brings profit to everyone. Its main advantage is that it cannot be bankrupted.
Decentralization has no center.

A truly Decentralized Bank with no center should be very difficult to centralize. There are several things that disqualify World Bank from being considered a Decentrized Bank, eg Privacy/Anonimity of owners, barrier of entry etc
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June 25, 2022, 10:41:48 AM
 #93

What is the main problem you want to solve with this? What makes you think more problems won't be created trying to solve the problem.

Do you have examples of assets that do not or will not lose value?

Your idea is very interesting though

Good question.
In my opinion, the main problem is that everyone is trying to solve the new decentralized financial system within the framework of the old proven monetary system. This mistake is made by everyone who is trying to come up with another stable coin by tying it to the dollar or another Fiat. Satoshi proposed another solution for the development of a new decentralized economy and everyone together undertook to link Bitcoin to the Dollar, everyone began to print their own stable coins without understanding the basics of the value of decentralized finance, this is the same as the treasury began to print dollar No. 1, No. 2, No. 3, etc. as much as necessary and we will do.
I solved this problem with my project by creating an example of an asset that under no circumstances can be devalued because it is not tied to Fiat, which means it cannot be reset.

Give me some time to go through your work and understand exactly what it's about.
Are you a programmer?

Central means controlled specifically by someone.
The World Bank is a Decentralized Bank with no center, managed simultaneously by all its co–owners, wherever they are. This bank, accumulating the financial asset of its owners, brings profit to everyone. Its main advantage is that it cannot be bankrupted.
Decentralization has no center.

A truly Decentralized Bank with no center should be very difficult to centralize. There are several things that disqualify World Bank from being considered a Decentrized Bank, eg Privacy/Anonimity of owners, barrier of entry etc
If you explain why it is necessary to centralize a decentralized bank, then I will try to answer. If you think that your anonymity is at risk in this bank, then it seems to me that everyone is responsible for the anonymity of their wallet address, there is no verification in this bank.
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June 25, 2022, 01:46:20 PM
 #94

What is the main problem you want to solve with this? What makes you think more problems won't be created trying to solve the problem.

Do you have examples of assets that do not or will not lose value?

Your idea is very interesting though

Good question.
In my opinion, the main problem is that everyone is trying to solve the new decentralized financial system within the framework of the old proven monetary system. This mistake is made by everyone who is trying to come up with another stable coin by tying it to the dollar or another Fiat. Satoshi proposed another solution for the development of a new decentralized economy and everyone together undertook to link Bitcoin to the Dollar, everyone began to print their own stable coins without understanding the basics of the value of decentralized finance, this is the same as the treasury began to print dollar No. 1, No. 2, No. 3, etc. as much as necessary and we will do.
I solved this problem with my project by creating an example of an asset that under no circumstances can be devalued because it is not tied to Fiat, which means it cannot be reset.

Give me some time to go through your work and understand exactly what it's about.
Are you a programmer?

Central means controlled specifically by someone.
The World Bank is a Decentralized Bank with no center, managed simultaneously by all its co–owners, wherever they are. This bank, accumulating the financial asset of its owners, brings profit to everyone. Its main advantage is that it cannot be bankrupted.
Decentralization has no center.

A truly Decentralized Bank with no center should be very difficult to centralize. There are several things that disqualify World Bank from being considered a Decentrized Bank, eg Privacy/Anonimity of owners, barrier of entry etc
If you explain why it is necessary to centralize a decentralized bank, then I will try to answer. If you think that your anonymity is at risk in this bank, then it seems to me that everyone is responsible for the anonymity of their wallet address, there is no verification in this bank.

I mean those who control a decentralized system should be anonymous, or their privacy should be well protected otherwise a bad actor who wants to centralize the system could easily hunt them down and get them to surrender control & do whatever he wants them to do. I developed a project that not only anonymize participants but regularly randomize them to make such takeover almost impossible, yet the participants can be punished when they try to hurt the system while being anonymous.
Anonymity needs to be guaranteed to participants to prevent a takeover and centralization a decentralized system.
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June 25, 2022, 01:52:41 PM
 #95

The OP has a solution which is looking for a problem.

In other words, he is full of crap.

You don't need a smart contract to accomplish this. Bitcoin is doing it already and it is the ultimate smart contract. It is decentralized, it can't be seized, it deflationary. Bitcoin is the ultimate decentralized world bank and you are participating whenever you use it. You just don't need anything else. Don't make this unnecessarily complicated.

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June 25, 2022, 06:20:45 PM
 #96

But what’s the point in this project if we already have several such projects lying around. What’s the difference between yours and the one that already exists. Starting from the bitcoin itself we have encountered whole new arena of co-ownership of the decentralised world bank. Every individual holding small to heavy balances in terms of bitcoin is already owning their bank and free from the centralised bank’s regulations. So apart from this any new project that comes up would be added advantage for us.
That's it! Added advantage. Maybe that's the one that we can get from his project but for us that are already contented on what older projects has to offer and we are too conscious about our security then we can just stick on them and there is no need for us to try newly created projects no matter offers they have as we didn't know that what if those new projects are not decentralized as the bitcoin and other old projects?

The idea of having a decentralized world bank still won't make sense but it seems that I am right because if we read the title of the thread again, it says "co-owner", so it means they are still the one that controls most of our funds. Geez I don't like that, sorry.

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VictorProsh (OP)
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June 25, 2022, 10:38:16 PM
 #97

What is the main problem you want to solve with this? What makes you think more problems won't be created trying to solve the problem.

Do you have examples of assets that do not or will not lose value?

Your idea is very interesting though

Good question.
In my opinion, the main problem is that everyone is trying to solve the new decentralized financial system within the framework of the old proven monetary system. This mistake is made by everyone who is trying to come up with another stable coin by tying it to the dollar or another Fiat. Satoshi proposed another solution for the development of a new decentralized economy and everyone together undertook to link Bitcoin to the Dollar, everyone began to print their own stable coins without understanding the basics of the value of decentralized finance, this is the same as the treasury began to print dollar No. 1, No. 2, No. 3, etc. as much as necessary and we will do.
I solved this problem with my project by creating an example of an asset that under no circumstances can be devalued because it is not tied to Fiat, which means it cannot be reset.

Give me some time to go through your work and understand exactly what it's about.
Are you a programmer?

Central means controlled specifically by someone.
The World Bank is a Decentralized Bank with no center, managed simultaneously by all its co–owners, wherever they are. This bank, accumulating the financial asset of its owners, brings profit to everyone. Its main advantage is that it cannot be bankrupted.
Decentralization has no center.

A truly Decentralized Bank with no center should be very difficult to centralize. There are several things that disqualify World Bank from being considered a Decentrized Bank, eg Privacy/Anonimity of owners, barrier of entry etc
If you explain why it is necessary to centralize a decentralized bank, then I will try to answer. If you think that your anonymity is at risk in this bank, then it seems to me that everyone is responsible for the anonymity of their wallet address, there is no verification in this bank.

I mean those who control a decentralized system should be anonymous, or their privacy should be well protected otherwise a bad actor who wants to centralize the system could easily hunt them down and get them to surrender control & do whatever he wants them to do. I developed a project that not only anonymize participants but regularly randomize them to make such takeover almost impossible, yet the participants can be punished when they try to hurt the system while being anonymous.
Anonymity needs to be guaranteed to participants to prevent a takeover and centralization a decentralized system.

I don't understand you at all, can a system be decentralized if its control is carried out by anonymous people, who, according to you, are regularly randomized? In my opinion, this is pseudo decentralization.
The project completely lacks any regulator. The main advantage of the project is that the owners of ETH manage their financial assets without transferring them on their own to anything other than their addresses connected to the smart contract, or only for the necessary initial connection, and also if they only need bond tokens.

Placed ETH in the depository cannot be stolen from the addresses of the owners connected to the smart contract, as it is blocked, which provides additional insurance for invested funds.

A crypto bank is a network of individual smart contracts, united by a common control over the emission of bond tokens, managed jointly by all owners of the ETH deposit and by no one in particular. Anyone who has placed financial assets in a deposit at their address in a smart contract can become a co-owner of a crypto bank.
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June 25, 2022, 10:42:10 PM
 #98

Central banks are usually owned by the country they operate in. If the would start selling shares to the public and try to become a public company, that would be nice. Personally I would definitely invest in a central bank. Their funding comes from the government and their loans to commercial banks are usually backed by the government as well. It's a pretty solid business model with a lot of government guarantees. A great way to make money for the owners.
I really agree with you that Central Bank of a nation belong to that particular contract but from my understanding I understand that Central Bank of nation is not entitled to have shares or shares to the public because share is something of of company not of a government sector accentra bank when we talk of Central Bank it is a place we are a country or a nation general fund is stored , because any of the state branches so it's not something but someone can say a share 
VictorProsh (OP)
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June 25, 2022, 11:07:19 PM
 #99

Central banks are usually owned by the country they operate in. If the would start selling shares to the public and try to become a public company, that would be nice. Personally I would definitely invest in a central bank. Their funding comes from the government and their loans to commercial banks are usually backed by the government as well. It's a pretty solid business model with a lot of government guarantees. A great way to make money for the owners.
I really agree with you that Central Bank of a nation belong to that particular contract but from my understanding I understand that Central Bank of nation is not entitled to have shares or shares to the public because share is something of of company not of a government sector accentra bank when we talk of Central Bank it is a place we are a country or a nation general fund is stored , because any of the state branches so it's not something but someone can say a share 
Any center (central bank) means centralization. In my project, I'm talking about a decentralized (world bank) feel the difference.
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June 27, 2022, 04:59:33 AM
 #100

But what’s the point in this project if we already have several such projects lying around. What’s the difference between yours and the one that already exists. Starting from the bitcoin itself we have encountered whole new arena of co-ownership of the decentralised world bank. Every individual holding small to heavy balances in terms of bitcoin is already owning their bank and free from the centralised bank’s regulations. So apart from this any new project that comes up would be added advantage for us.
That's it! Added advantage. Maybe that's the one that we can get from his project but for us that are already contented on what older projects has to offer and we are too conscious about our security then we can just stick on them and there is no need for us to try newly created projects no matter offers they have as we didn't know that what if those new projects are not decentralized as the bitcoin and other old projects?

The idea of having a decentralized world bank still won't make sense but it seems that I am right because if we read the title of the thread again, it says "co-owner", so it means they are still the one that controls most of our funds. Geez I don't like that, sorry.
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A crypto bank is a network of individual smart contracts, united by a common control over the emission of bond tokens, managed jointly by all owners of the ETH deposit and by no one in particular. Anyone who has placed financial assets in a deposit at their address in a smart contract can become a co-owner of a crypto bank.
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