A local government politician in Argentina has tabled a measure that – if passed – could see a province in the country launch a crypto trading platform. The measure is the brainchild of Roque Gervasoni, a provincial deputy (council member) of the northern Misiones province, who has created a bill that will be debated by the provincial assembly. The bill proposes the launch of a state-backed crypto exchange platform, a private “public limited company” that is “decentralized” but has “majority state” ownership. And the platform would be no regular exchange – it would also, Gervasoni wrote, function as a repository, allowing customers to hold their crypto in safety. And it would allow citizens to pay their taxes (presumably in crypto), as well as buy goods and services using digital tokens. The platform would also, he wrote, be able to serve as a fund to help foster new startups. However, the plan also involves a rather unique twist: Citizens depositing their money or tokens on the platform would be required to refrain from accessing them for a period of 90 days, or face additional charges for early withdrawals. Gervasoni’s plans go beyond the local level, too. He wrote that not only Misiones residents, but also all Argentines would be allowed to make use of the platform. Overseas residents could also use it, he added, but would also need to abide by the 90-day rule – and would be obliged to go through an additional registration process. The deputy is a member of the Front for the Renewal of Concord party, the dominant political party in the Misiones province.___Learn more: Venezuela Unveils State-run Bitcoin, Litecoin, Dash, and Petro ExchangeRussian Government Indirectly Gets Into Bitcoin Trading And CustodyState-owned Belarusbank Launches Crypto Exchange Amid Sanctions Against LukashenkoArgentinean Crypto Bill Headed for Parliamentary VoteP2P Bitcoin Trading Drops in Argentina Amid Torrid Times for Fiat Peso

All data is taken from the source: http://cryptonews.com
Article Link: https://cryptonews.com/news/in-argentina-a-politician-wants-to-build-a-state-backed-cryp-8375.htm

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A blockchain-based energy trading platform backed by German tech giant Siemens is being publicly demonstrated in a Bavarian municipality today. The so-called “Pebbles” project — short for “peer-to-peer energy trading based on blockchains” — is holding a virtual demo of its blockchain-based marketplace platform for optimized electricity trading. The demo was officially announced by the project on Oct. 22. The public demonstration of Pebbles’ energy platform in the town of Wildpoldsried in Bavarian marks a major milestone after the project was launched in March 2018. Funded by German Federal Ministry for Economic Affairs and Energy, Pebbles is a joint initiative by the regional utility Allgäuer Überlandwerk, grid operator AllgäuNetz and Siemens. The project is also supported by the University of Applied Sciences at Kempten and the Fraunhofer Institute for Applied Information Technology. The initiative aims to provide a platform to enable private energy producers to market their electricity directly to local consumers without the need for middlemen or traditional grid operators. The platform also intends to provide flexible power from battery storage for electric vehicles. Blockchain implementation is designed to ensure that all information regarding market transactions is immutable and transparent. Pebbles is not the only blockchain-based energy project being developed in Germany. In February 2020, the BMWi published an analysis of major blockchain implementations in energy trading, highlighting four related projects including BloGPV, SMECS, ETIBLOGG, as well as Pebbles. In October 2020, Germany’s major governmental group responsible for energy innovation in Germany — Deutsche Energie-Agentur, or DENA, — claimed that the authority is looking to move its energy ecosystem to a decentralized database.

All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/siemens-backed-blockchain-energy-platform-showcases-in-germany

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It looks like we will sooner rather than later see central bank digital currencies (CBDC). China is already testing their solution and others are following soon. Last week the IMF started talking about their idea to a new Bretton Woods system and this week important heads of central banks are meeting to discuss the importance of CBDCs. This week Robert Koenig highlights the risks and benefits that such a change will bring across the world. It is all about programmable money and not digital money. Bitcoin and other decentralized cryptocurrencies will be your only protection.

Relevant Links:

Twitter, Raoul Pal

IMF, Kristalina Georgieva, A New Bretton Woods Moment
https://www.imf.org/external/mmedia/view.aspx?vid=6200738336001

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On Saturday, June 16, 2018 at the ASROC Conference in Los Angeles, Katya Kovalenko, Partner at P2P Capital will speak on a panel covering asset backed cryptocurrencies, such as USDT and gold backed crytpocurrencies.

ASROC focuses only on cryptocurrency trading. It is for active traders of bitcoin and other alt coins.

The event will discuss:

– Crypto Trading Strategy
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(X) NO ICOs will present at the event.
(X) NO “basics of blockchain” will present either

To see another speaker video, visit:

To see video about the event, visit:

To find out more, visit: http://www.asroc.com

A Gold-Backed Cryptocurrency has just been offered on Bitfinex. The Japanese Government is joining the ranks of several other Governments that are building their own Cryptocurrency Token. It will not be long before most major Governments in the world offer a State-Backed Cryptocurrency. You can earn compound interest when you deposit Cryptocurrency into a Celsius wallet. Celsius loans out Cryptocurrency and if you deposit Cryptocurrency into a Celsius wallet, they will pay a portion of the proceeds they earn by lending your Cryptocurrency.

Watch the video by clicking the link below:

Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex
https://cointelegraph.com/news/tether-launches-gold-backed-stablecoin-and-begins-trading-on-bitfinex

Japanese Officials Are Working on a Digital Currency
https://cointelegraph.com/news/japanese-officials-are-working-on-a-digital-currency

Celsius to Begin Offering Compounding Interest on Crypto Deposits
https://cointelegraph.com/news/celsius-to-begin-offering-compounding-interest-on-crypto-deposits

Bitcoin ETF still possible but Grayscale may get first nod
https://eng.ambcrypto.com/bitcoin-etf-still-possible-but-grayscale-may-get-first-nod/

Mimic Professional Traders on DeFi Using Social Trading
https://cryptobriefing.com/mimic-professional-traders-defi-using-social-trading/

COLLECTING DONATIONS – TO HELP FUND THE RECOVERY FROM WILDFIRES IN AUSTRALIA
https://magazine.cointelegraph.com/australian-wildfire-fund/?utm_source=cointelegraph&utm_medium=banner&utm_campaign=davos&utm_content=stretch

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DISCLAIMER: I am not a financial advisor. This is not financial advice. This is my opinion. I am not smarter than you. You are smarter than you realize. Do not trust what I say. Do your own research!

Cryptocurrency involves substantial risk of loss and is not suitable for every investor. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations. Past results are no indication of future performance. In no event should the content of this video be construed as an express or implied promise or guarantee.

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Elon Musk’s rocket company SpaceX launched its Falcon CRS-19 to the International Space Station (ISS) on Thursday. The payload included 5,700 pounds of supplies along with the autonomous free-floating robot assistant dubbed ‘CIMON-2’, genetically enhanced mice and a blockchain hardware wallet that can power transactions. SpaceX missions, which ship cargo to the space station for NASA, facilitate a long list of technological and biological experiments on the orbiting laboratory that has hosted over 3,000 scientific investigations, according to NASA, with participation from more than 100 countries. The latest slate will test therapies for heart disease, explore fire in space, probe theories of gravity and introduce blockchain. Blockchain platform SpaceChain, which is developing the world’s first open-source blockchain-based satellite network that will allow users to build and run applications in space, announced that its blockchain hardware wallet technology is on its way to the space station aboard Falcon 9. According to the announcement, the deployment is the first technology demonstration of blockchain hardware on the ISS.“Once activated, the payload will demonstrate the receipt, authorization, and retransmission of blockchain transactions, creating ‘multisig’ transactions that require multiple signatures (approvals) to complete, increasing the security of the operation. It is currently expected that the testing of this payload will be completed by early 2020.”Zee Zheng, SpaceChain co-founder and CEO, says the company will work with financial service providers and fintech developers, as well as IoT service providers, to accelerate enhanced security for digital assets that are vulnerable to cyberattacks and hacking when hosted exclusively in centralized terrestrial servers. Says SpaceChain co-founder Jeff Garzik,“Blockchain is the next major disruptor in space. SpaceChain addresses security vulnerabilities for financial systems and digital assets in the growing digital economy. Through integrating technologies, new paradigms that were once beyond reach can now be created and add exciting elements in the New Space Economy.”Billionaire venture capitalist and Bitcoin bull Tim Draper, a backer of both SpaceChain and SpaceX, joined SpaceChain as an advisor last year. According to Draper,“SpaceChain’s foray into space will successfully create a decentralized environment that facilitates advances and collaborations at a fraction of the cost typically associated with the industry.”The SpaceChain team plans to use blockchain-based tokens to fuel the space economy. The tokens will act like tickets that users purchase and upload in order to execute space-based apps and store data on the SpaceChain network.“SpaceChain’s open-source operating system (SpaceChain OS) provides the main blockchain application sandbox for developers to utilize for rapid and secure development, testing and deployment of space-based applications — similar to a mobile app development platform.”SpaceX’s Falcon 9 rocket with SpaceChain’s tech onboard is expected to reach the space station on Sunday. Check Latest News Headlines

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Blockchain Tech Backed by Bitcoin Bull Tim Draper Heads to Space on Elon: https://www.youtube.com/watch?v=to4-cUliqPA

China’s big move for the 21st century is to pull a “trap door” on the U.S. by launching a gold-backed crypto currency that will devalue the U.S. dollar to “zero,” this according to Max Keiser, host of the Keiser Report.

“[China] is rolling out a cryptocurrency, a lot of the details have not been divulged. I can tell you that the cryptocurrency that China’s rolling out will be backed by gold. It’s a two-pronged announcement. Number one, China’s got 20,000 tonnes of gold, number two, we’re rolling out a crypto coin backed by gold, and the dollar is toast,” Keiser told Kitco News.

Keiser added that bitcoin is a superior form of currency to gold.

“Both fiat money and gold are inferior to bitcoin for one very simple reason, that with a bitcoin transaction, it is also simultaneously the settlement. You don’t have that with fiat, you don’t have that with gold,” he said.
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Unless you have been hiding under a rock, you’ve been hearing about cryptocurrency, Bitcoin and dozens of other coins, as either being the future of currency or causing the biggest bubble ever. One of the biggest criticisms of cryptocurrency is that it’s just made-up money, that it’s not backed by anything. But is that true? This is a Reality Check you won’t get anywhere else.

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Every effort has been made to accurately represent this Software and its potential. However, there is no guarantee that you will earn any money using the Software, or techniques and ideas in these materials. Examples and testimonials on this website are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependent on the person using the Software, as well as their techniques and ideas. Trading and investing in cryptocurrencies (also called digital or virtual currencies, crypto assets, altcoins and so on) involves substantial risk of loss and is not suitable for every investor. The valuation of cryptocurrencies and futures may fluctuate, and, as a result, investors may lose more than their original investment. The highly leveraged nature of trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains. If the market moves against you, you may sustain a total loss greater than the amount you deposited into your trading account(s). You are responsible for all the risks and financial resources you use and for the chosen trading system. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor.

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Disclaimer: This is NOT financial advice, purely for educational purposes and reflect my personal opinions only (which may or may not be correct). Cryptocurrency is highly volatile and a very high-risk investment. Please do your own research before investing into cryptocurrency and never invest more than you can afford to lose.

Trading & investing in cryptocurrency carries a high level of risk and may not be suitable for all investors. The high degree of leverage and the lack of regulation in the market can work against you as well as for you. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your initial investment. You should be aware of all the risks associated with cryptocurrency trading and seek advice from an independent financial advisor if you have any doubts.

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OpenCrowd CEO Sushil Prabhu discusses asset-backed tokens and how they differ from traditional cryptocurrency tokens

OpenCrowd CEO Sushil Prabhu discusses asset-backed tokens and how they differ from traditional cryptocurrency tokens

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Cryptocurrency is a remarkable concept because of its cashless deal. Yet, it has its own share of defects. Providing the emphasize on its instability, it is difficult to anticipate its worth which triggers substantial results to crypto investors. As an option, kinesis the best gold backed cryptocurrency has actually been established to cause remarkable enhancements to cryptocurrencies.

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