On Today’s Episode of Let’s Talk bitcoin…
Stephanie, Jonathan and Adam discuss stories recently in the news where the headlines don’t exactly capture the significance of the underlying events.
This episode of Let’s Talk bitcoin! was sponsored by EasyDNS.com and was edited by Matthew Zipkin.
Today’s discussion featured Stephanie Murphy, Jonathan Mohan and Adam B. Levine
This episode featured music by Jared Rubens & General Fuzz. Any questions or comments? email adam@letstalkbitcoin.com
Chronoswiss Launch Exclusive, Limited-edition, Swiss-made Cryptocurrency Sees bitcoin News Release: Motivated by the principle of cryptocurrency, distinguished independent Swiss watch brand Chronoswiss signed up with pressures with Tech Bureau Europe to produce 5 luxurious crypto-design watches. These extravagant models have been manufactured in a limited version of just 101 items each. They are readily available specifically through the cryptocurrency exchange system Zaif. April 05, 2018, […]
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Released at Thu, 05 Apr 2018 06:09:48 +0000
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Dynatiq, a decentralized domain and website marketplace, announces token event starting 25th April 2018. Dynatiq is set to be the backbone of the domain industry.
Dubai, UAE: As of January 1, 2018, a total of global internet users was approximated to be 3,812,564,450 as compared to 3.42 billion that was recorded in 2016. Asia has always been the continent with the highest number of internet users in the world however their recent percentage dropped from 50.1% to 49.7%. Europe has 17.0%. Latin America has 10.4% and Africa has 10%. North American only has 8.2%.
In Asia, China has 738,539,792 users while the United States has 286,942,362 users. Russia has 109,55,842 users while Latin America has 18,526,199 users. Research also shows that North America has the highest penetration rate with a total of 88.1% of its people using the internet. In addition to this, Google now has over 6,586,013,574 searches per day worldwide.
Research also shows that digital marketing will generate 44% or approximately $237 billion globally in 2018. Search advertisements are the most popular digital advertisement that is available now as the expenditure of marketers in 2018 reaches 12% with a total of $113 billion spent.
In the first quarter of 2017, there were 1.3 million new domain names that were registered which is a 3.7% increase from the previous year. The .net and .com had a total of 143.6 million domain name registration by the end of 2017.
The Dynatiq Advantage
Dynatiq will never store a users data on a centralized marketplace, with an aim to protect data with the transparent and secure technology that is blockchain. Dynatiq technology uses escrow on a blockchain based marketplace. This escrow will provide various advantages to people who transact with it. Regardless if it is a website or domain sale, the use of escrow on the blockchain based marketplace will ensure that all buyers and sellers are equally protected thereby giving them an opportunity to settle their disputes with utmost concern.
Users are familiar with buying things online you must have come across a typical online review. An aggregate star rating for your website or domain marketplace will help the upli!ment of a business. Even though customer reviews range in thoroughness and comprehensibility, they can have an adverse effect on audience attraction
The staking process will enable the general public to acquire tokens, especially during the crowdfunding stage. A certain percentage of the generated funds will be channeled to operations pool in order to provide merchants with the amounts of tokens that will be paid out as rewards to customers. The idea of selling these tokens to merchants will be solely dependent on the situation. Whenever customers make purchases at participating merchants, the tokens will end up in the hands of customers. The customers will make the decisions on whether to trade it or redeem it. The token can be properly used after the successful launching of the platform.
Contact Email Address
info@dynatiq.com
Supporting Link
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Last year the Chinese government cracked down on initial coin offerings (ICO) and stopped all domestic cryptocurrency exchanges from dealing with the renminbi. According to local reports and the central bank’s recent ‘2018 agenda,’ the People’s Bank of China aims to finish what it started in 2017 by “rectifying” all virtual currency operations, introducing new “reforms and supervision.”
Also read:
The PBOC Aims to Strengthen Virtual Currency Supervision
Ever since last year, China’s central bank has had it out for cryptocurrencies and digital asset exchanges. The People’s Bank of China (PBOC) first cracked down on ICO projects by making them illegal, but then soon after the bank made domestic cryptocurrency exchanges close down their operations. It’s been well over a year since these events occurred, but people continue to follow the PBOC’s actions to see if the government will allow digital currency exchanges to reopen. So far it doesn’t look positive, additionally, there have been indicators pointing to the bank possibly creating its own central bank digital token.
Just last week the PBOC it will be taking further action against cryptocurrency operations including multi-level-marketing schemes. According to the vice governor of PBOC, Fan Yifei, the central bank is pursuing research towards its own digital renminbi.
“The rectification of all types of virtual currencies will be carried out,” the vice governor states.
First, we will intensify reforms and innovations to promote the central bank’s digital currency research and development; Second, the bank must strengthen supervision and rectify all types of virtual currencies.
It’s been well over a year since ICOs and cryptocurrency exchanges were banned in China and the PBOC says it plans to continue to rectify the crypto-activity in the country.
Are Public Blockchains Like bitcoin Taking the Heat Because the Bank Plans to Create a Digital Renminbi?
Further on April 3 the PBOC’s director general of financial research, Sun Guofeng, that traditional fiat money has adverse effects on the economy’s interest rates and a PBOC issued cryptocurrency would bolster interest rate measures. From the many reports over the years, China has been interested in and the central bank has been involved in a lot of to progress this effort. Guofeng believes a PBOC digital currency could help negative interest rate methods, and so the central bank’s R&D efforts should be sped up.
“In the long run, due to the lower natural interest rate, monetary authorities can incorporate negative interest rate policies into the normal monetary policy toolbox,” explains Sun Guofeng.
While the central bank’s digital currency is conducive to the implementation of negative interest rate policies, the central bank should speed up the development of a central bank issued digital currency.
It’s been said that the Chinese government still doesn’t look at cryptocurrencies favorably, but has allowed the idea of . Speculators believe a digital renminbi issued by the PBOC is enough circumstantial evidence for the bank to on public blockchains like bitcoin. There’s currently no information on how the PBOC plans to “rectify” or add more reform and supervision towards the cryptocurrency situation in China. There have been many reports detailing how the PBOC was monitoring domestic exchanges that have moved abroad, and the taking place under the central bank’s watchful eye.
What do you think about the central bank of China’s plan to rectify the cryptocurrency market? Let us know what you think in the comments below.
Images via Pixabay, Shutterstock, and the PBOC logo.
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