Interesting that Nasdaq is behind such an index. This will result in a bull trend or what?

"Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index.


A disparate group of crypto assets

The index includes crypto assets of projects such as the one of Proof-of-Work blockchain Amoveo (VEO), decentralized exchange protocol 0x (ZRX), prediction market Augur (REP). Also the governance token of the decentralized autonomous organization behind the DAI stablecoin and MakerDAO (MKR). 

Amoveo main developer Zack Hess commented on the development:

Quote:

“ glad to see increased awareness being brought to decentralized finance projects.”

This morning I heard on the radio that KBC (one of the biggest banks in Belgium) is going to reduce their workforce by 10%. Meaning about 1400 people in this bank are going to loose their jobs.
A spokesman of the bank had several arguments to defend their strategy.
One of the arguments was that banks are starting to be scared about the impact of crypto currencies. He told that google is planning to create a digital coin.
And that international money transfer is also going to change. Are they planning to use XRP?

I did some quick research and did not find anything about googles plans but I did find this:
https://cryptoticker.io/en/winklevoss-google-coin-fang/

Can we expect google, amazon and netflix to launch their own digital currency too?

Hi all,

Back to normal life for a while... Or until I follow the wife's wish that I would retire soon... Anyways, I am back to work and I feel good about it !

I did not have the chance to read all your recent posts. But did someone get a chance to look at the Binance Lending program? What is it and is it a good thing?


https://www.binance.com/en/support/artic...0032921211

Decred (DCR), also known as “decentralized credits”, has enjoyed a steady rise since its inception a little over two years ago.
The “autonomous digital currency” recently started to garner a lot of attention due to its notable appearances at industry events. And while some might chalk that up to being typical hype that’s often followed by the disappearance act, I’d argue it’s only the beginning.
Decred is, in my opinion, a hidden gem waiting to be discovered by the masses.
And as casual enthusiasts exit crypto in one of the worst bear markets since 2015, identifying digital assets that are destined to succeed has never been a more critical task.
With that said, here are some reasons why Decred is positioned to not only survive, but excel in a turbulent market.
1. First-Class Development Team
The lead selling point of every crypto project is, unsurprisingly, their “rockstar” team. A complete package of Ivy League educations, well-known advisors, celebrity marketers, and big-name partnerships.
The reality is that same team is likely to be more accurately described as someone — who might have a degree — with an inflated resume and no hands-on experience, a few people who were offered a percentage of the token distribution in exchange for a photo, a shill willing to promote anything that is backed by a paycheck, and an arrangement (read: checking account) with JPMorgan Chase.
As for the accomplishments; those are on the horizon. At least, that’s what investors are being sold.
Fortunately, the SEC isn’t buying it.
So, what makes Decred different? Founding Decred developers have been working with blockchain technology since 2013. They’re the authors behind many prominent projects in this space including:

• BTCsuite (an alternative bitcoin implementation written in Go)
  
• ZKC (secure chat software)
  
• Atomic swaps (exchange-free cryptocurrency trading)
  

• hire an army of developers to expedite the roadmap?
  
• run a Super Bowl ad?
  
• pay for a Binance listing?
  
• fund a decentralized exchange?
  

• don’t rely on donations, which could present conflicts of interest
  
• don’t get paid lump sums up-front (completely removing the incentive to get things done)
  
• can rest easy knowing that there’s dedicated funding coming in on a consistent basis
  

• allowing everyone to stake
  
• preventing current stakers from getting priced out in the future due to the rising ticket cost
  

• listed on over a dozen high-volume exchanges with a variety of trading pairs including USDT
  
• supported on the Trezor hardware wallet, with Ledger and Edge support in the works
  
• built a large community of users who believe in the tech, with little advertising to date
  
• gradually ramping up brand-building (stole the show at Consensus 2018)
  

• privacy
  
• Lightning Network support
  
• Politiea
  
• ticket-splitting
  
• SPV wallet support
  
• decentralized control of funds
  
• decentralized autonomous entities
  
• scalability optimizations
  

In the Guardian today
https://www.theguardian.com/technology/2...-up-to-5bn

The article about Craig Wright who has featured in this forum before as he claimed to be the inventor of BTC (but backed down from proving it!) has ben sued by the estate of a colleague for a large sum of money - I suggest he pays it in RBT!

Lucky guy...now going into Metal (MTL)

https://venturebeat.com/2019/08/25/the-t...token/amp/

Interesting read:


"

• Cryptocurrencies hold tremendous potential as an alternative over traditional banking, but they deeply concern many governments, including lawmakers in the United States.
  
  
• Growing geopolitical instability will increase the desire for a decentralized nonsovereign digital currency no matter what the United States wants. And interest in digital assets can increase when a country such as Zimbabwe is undergoing economic upheaval."
  

https://www.theguardian.com/books/2015/j...lism-begun

This is an interesting read - allow 15 minutes or maybe a bit more. His basic premise is that capitalism is already dying, that this was predictable and that it is not a bad thing in itself.  However, whilst has facts are ok, his conclusions are not always clear cut to my mind.

This is the sort of article I would love to invite you over, sit down with a few drams and discuss at length!

As we all know both the crypto market and many other markets are victims of scams. Here is a 3 billion dollar Chinese Ponzi scheme scam exposed.

https://cointelegraph.com/news/3b-ponzi-scheme-is-now-allegedly-dumping-bitcoin-by-the-hundreds