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Crypto Banking Wars: Can Non-Custodial Crypto Wallets Ever Replace Banks?

Crypto Banking Wars: Can Non-Custodial Crypto Wallets Ever Replace Banks?
Can they overcome the product limitations of blockchain and deliver the world-class experience that consumers expect?
https://reddit.com/link/i8ewbx/video/ojkc6c9a1lg51/player
This is the second part of Crypto Banking Wars — a new series that examines what crypto-native company is most likely to become the bank of the future. Who is best positioned to reach mainstream adoption in consumer finance?
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While crypto allows the world to get rid of banks, a bank will still very much be necessary for this very powerful technology to reach the masses. As we laid out in our previous series, Crypto-Powered, we believe companies that build with blockchain at their core will have the best shot at winning the broader consumer finance market. We hope it will be us at Genesis Block, but we aren’t the only game in town.
So this series explores the entire crypto landscape and tries to answer the question, which crypto company is most likely to become the bank of the future?
In our last episode, we offered an in-depth analysis of big crypto exchanges like Coinbase & Binance. Today we’re analyzing non-custodial crypto wallets. These are products where only the user can touch or move funds. Not even the company or developer who built the application can access, control, or stop funds from being moved. These apps allow users to truly become their own bank.
We’ve talked a little about this before. This group of companies is nowhere near the same level of threat as the biggest crypto exchanges. However, this group really understands DeFi and the magic it can bring. This class of products is heavily engineer-driven and at the bleeding-edge of DeFi innovation. These products are certainly worth discussing. Okay, let’s dive in.

Users & Audience

These non-custodial crypto wallets are especially popular among the most hardcore blockchain nerds and crypto cypherpunks.
“Not your keys, not your coins.”
This meme is endlessly repeated among longtime crypto hodlers. If you’re not in complete control of your crypto (i.e. using non-custodial wallets), then it’s not really your crypto. There has always been a close connection between libertarianism & cryptocurrency. This type of user wants to be in absolute control of their money and become their own bank.
In addition to the experienced crypto geeks, for some people, these products will mean the difference between life and death. Imagine a refugee family that wants to safely protect their years of hard work — their life savings — as they travel across borders. Carrying cash could put their safety or money at risk. A few years ago I spent time in Greece at refugee camps — I know first-hand this is a real use-case.

https://preview.redd.it/vigqlmgg1lg51.png?width=800&format=png&auto=webp&s=0a5d48a63ce7a637749bbbc03d62c51cc3f75613
Or imagine a family living under an authoritarian regime — afraid that their corrupt or oppressive government will seize their assets (or devalue their savings via hyperinflation). Citizens in these countries cannot risk putting their money in centralized banks or under their mattresses. They must become their own bank.
These are the common use-cases and users for non-custodial wallets.

Products in Market

Let’s do a quick round-up of some of the more popular products already in the market.
Web/Desktop The most popular web wallet is MetaMask. Though it doesn’t have any specific integration with DeFi protocols yet, it has more than a million users (which is a lot in crypto land!). Web wallets that are more deeply integrated with DeFi include InstaDapp, Zerion, DeFi Saver, Zapper, and MyCrypto (disclosure: I’m an investor and a big fan of Taylor). For the mass market, mobile will be a much more important form-factor. I don’t view these web products as much of a threat to Genesis Block.
https://preview.redd.it/gbpi2ijj1lg51.png?width=1050&format=png&auto=webp&s=c039887484bf8a3d3438fb02a384d0b9ef894e1f
Mobile The more serious threats to Genesis Block are the mobile products that (A) are leveraging some of the powerful DeFi protocols and (B) abstracting away a lot of the blockchain/DeFi UX complexity. While none get close to us on (B), the products attempting this are Argent and Dharma. To the extent they can, both are trying to make interacting with blockchain technology as simple as possible.
A few of the bigger exchanges have also entered this mobile non-custodial market. Coinbase has Wallet (via Cipher Browser acquisition). Binance has Trust Wallet (also via acquisition). And speaking of acquisitions, MyCrypto acquired Ambo, which is a solid product and has brought MyCrypto into the mobile space. Others worth mentioning include Rainbow — well-designed and built by a small indy-team with strong DeFi experience (former Balance team). And ZenGo which has a cool feature around keyless security (their CEO is a friend).
There are dozens of other mobile crypto wallets that do very little beyond showing your balances. They are not serious threats.
https://preview.redd.it/6x4lxsdk1lg51.png?width=1009&format=png&auto=webp&s=fab3280491b75fe394aebc8dd69926b6962dcf5d
Hardware Wallets Holding crypto on your own hardware wallet is widely considered to be “best practice” from a security standpoint. The most popular hardware wallets are Ledger, Trezor, and KeepKey (by our friends at ShapeShift). Ledger Nano X is the only product that has Bluetooth — thus, the only one that can connect to a mobile app. While exciting and innovative, these hardware wallets are not yet integrated with any DeFi protocols.
https://preview.redd.it/yotmvtsl1lg51.png?width=1025&format=png&auto=webp&s=c8567b42839d9cec8dbc6c78d2f953b688886026

Strengths

Let’s take a look at some of the strengths with non-custodial products.
  1. Regulatory arbitrage Because these products are “non-custodial”, they are able to avoid the regulatory burdens that centralized, custodial products must deal with (KYC/AML/MTL/etc). This is a strong practical benefit for a bootstrapped startup/buildedeveloper. Though it’s unclear how long this advantage lasts as products reach wider audiences and increased scrutiny.
  2. User Privacy Because of the regulatory arbitrage mentioned above, users do not need to complete onerous KYC requirements. For example, there’s no friction around selfies, government-issued IDs, SSNs, etc. Users can preserve much of their privacy and they don’t need to worry about their sensitive information being hacked, compromised, or leaked.
  3. Absolute control & custody This is really one of the great promises of crypto — users can become their own bank. Users can be in full control of their money. And they don’t need to bury it underground or hide it under a mattress. No dependence, reliance or trust in any third parties. Only the user herself can access and unlock the money.

Weaknesses

Now let’s examine some of the weaknesses.
  1. Knowledge & Education Most non-custodial products do not abstract away any of the blockchain complexity. In fact, they often expose more of it because the most loyal users are crypto geeks. Imagine how an average, non-crypto user feels when she starts seeing words like seed phrases, public & private keys, gas limits, transaction fees, blockchain explorers, hex addresses, and confirmation times. There is a lot for a user to learn and become educated on. That’s friction. The learning curve is very high and will always be a major blocker for adoption. We’ve talked about this in our Spreading Crypto series — to reach the masses, the crypto stuff needs to be in the background.
  2. User Experience It is currently impossible to create a smooth and performant user experience in non-custodial wallets or decentralized applications. Any interaction that requires a blockchain transaction will feel sluggish and slow. We built a messaging app on Ethereum and presented it at DevCon3 in Cancun. The technical constraints of blockchain technology were crushing to the user experience. We simply couldn’t create the real-time, modern messaging experience that users have come to expect from similar apps like Slack or WhatsApp. Until blockchains are closer in speed to web servers (which will be difficult given their decentralized nature), dApps will never be able to create the smooth user experience that the masses expect.
  3. Product Limitations Most non-custodial wallets today are based on Ethereum smart contracts. That means they are severely limited with the assets that they can support (only erc-20 tokens). Unless through synthetic assets (similar to Abra), these wallets cannot support massively popular assets like Bitcoin, XRP, Cardano, Litecoin, EOS, Tezos, Stellar, Cosmos, or countless others. There are exciting projects like tBTC trying to bring Bitcoin to Ethereum — but these experiments are still very, very early. Ethereum-based smart contract wallets are missing a huge part of the crypto-asset universe.
  4. Technical Complexity While developers are able to avoid a lot of regulatory complexity (see Strengths above), they are replacing it with increased technical complexity. Most non-custodial wallets are entirely dependent on smart contract technology which is still very experimental and early in development (see Insurance section of this DeFi use-cases post). Major bugs and major hacks do happen. Even recently, it was discovered that Argent had a “high severity vulnerability.” Fortunately, Argent fixed it and their users didn’t lose funds. The tools, frameworks, and best practices around smart contract technology are all still being established. Things can still easily go wrong, and they do.
  5. Loss of Funds Risk Beyond the technical risks mentioned above, with non-custodial wallets, it’s very easy for users to make mistakes. There is no “Forgot Password.” There is no customer support agent you can ping. There is no company behind it that can make you whole if you make a mistake and lose your money. You are on your own, just as CZ suggests. One wrong move and your money is all gone. If you lose your private key, there is no way to recover your funds. There are some new developments around social recovery, but that’s all still very experimental. This just isn’t the type of customer support experience people are used to. And it’s not a risk that most are willing to take.
  6. Integration with Fiat & Traditional Finance In today’s world, it’s still very hard to use crypto for daily spending (see Payments in our DeFi use-cases post). Hopefully, that will all change someday. In the meantime, if any of these non-custodial products hope to win in the broader consumer finance market, they will undoubtedly need to integrate with the legacy financial world — they need onramps (fiat-to-crypto deposit methods) and offramps (crypto-to-fiat withdraw/spend methods). As much as crypto-fanatics hate hearing it, you can’t expect people to jump headfirst into the new world unless there is a smooth transition, unless there are bridge technologies that help them arrive. This is why these fiat integrations are so important. Examples might be allowing ACH/Wire deposits (eg. via Plaid) or launching a debit card program for spend/withdraw. These fiat integrations are essential if the aim is to become the bank of the future. Doing any of this compliantly will require strong KYC/AML. So to achieve this use-case — integrating with traditional finance —all of the Strengths we mentioned above are nullified. There are no longer regulatory benefits. There are no longer privacy benefits (users need to upload KYC documents, etc). And users are no longer in complete control of their money.

Wrap Up

One of the great powers of crypto is that we no longer depend on banks. Anyone can store their wealth and have absolute control of their money. That’s made possible with these non-custodial wallets. It’s a wonderful thing.
I believe that the most knowledgeable and experienced crypto people (including myself) will always be active users of these applications. And as mentioned in this post, there will certainly be circumstances where these apps will be essential & even life-saving.
However, I do not believe this category of product is a major threat to Genesis Block to becoming the bank of the future.
They won’t win in the broader consumer finance market — mostly because I don’t believe that’s their target audience. These applications simply cannot produce the type of product experience that the masses require, want, or expect. The Weaknesses I’ve outlined above are just too overwhelming. The friction for mass-market consumers is just too much.

https://preview.redd.it/lp8dzxeh1lg51.png?width=800&format=png&auto=webp&s=03acdce545cd032f7e82b6665b001d7a06839557
The winning bank will be focused on solving real user problems and meeting user needs. Not slowed down by rigid idealism like censorship-resistance and absolute decentralization, as it is with most non-custodial wallets. The winning bank will be a world-class product that’s smooth, performant, and accessible. Not sluggish and slow, as it is with most non-custodial wallets. The winning bank will be one where blockchain & crypto is mostly invisible to end-users. Not front-and-center as it is with non-custodial wallets. The winning bank will be one managed and run by professionals who know exactly what they’re doing. Not DIY (Do It Yourself), as it is with non-custodial wallets.
So are these non-custodial wallets a threat to Genesis Block in winning the broader consumer finance market, and becoming the bank of the future?
No. They are designed for a very different audience.
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Other Ways to Consume Today's Episode:
Follow our social channels: https://genesisblock.com/follow/
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Crypto-Powered - The Most Promising Use-Cases of Decentralized Finance (DeFi)

Crypto-Powered - The Most Promising Use-Cases of Decentralized Finance (DeFi)
A whirlwind tour of Defi, paying close attention to protocols that we’re leveraging at Genesis Block.
https://reddit.com/link/hrrt21/video/cvjh5rrh12b51/player
This is the third post of Crypto-Powered — a new series that examines what it means for Genesis Block to be a digital bank that’s powered by crypto, blockchain, and decentralized protocols.
Last week we explored how building on legacy finance is a fool’s errand. The future of money belongs to those who build with crypto and blockchain at their core. We also started down the crypto rabbit hole, introducing Bitcoin, Ethereum, and DeFi (decentralized finance). That post is required reading if you hope to glean any value from the rest of this series.
97% of all activity on Ethereum in the last quarter has been DeFi-related. The total value sitting inside DeFi protocols is roughly $2B — double what it was a month ago. The explosive growth cannot be ignored. All signs suggest that Ethereum & DeFi are a Match Made in Heaven, and both on their way to finding strong product/market fit.
So in this post, we’re doing a whirlwind tour of DeFi. We look at specific examples and use-cases already in the wild and seeing strong growth. And we pay close attention to protocols that Genesis Block is integrating with. Alright, let’s dive in.

Stablecoins

Stablecoins are exactly what they sound like: cryptocurrencies that are stable. They are not meant to be volatile (like Bitcoin). These assets attempt to peg their price to some external reference (eg. USD or Gold). A non-volatile crypto asset can be incredibly useful for things like merchant payments, cross-border transfers, or storing wealth — becoming your own bank but without the stress of constant price volatility.
There are major governments and central banks that are experimenting with or soon launching their own stablecoins like China with their digital yuan and the US Federal Reserve with their digital dollar. There are also major corporations working in this area like JP Morgan with their JPM Coin, and of course Facebook with their Libra Project.
Stablecoin activity has grown 800% in the last year, with $290B of transaction volume (funds moving on-chain).
The most popular USD-pegged stablecoins include:
  1. Tether ($10B): It’s especially popular in Asia. It’s backed by USD in a bank account. But given their lack of transparency and past controversies, they generally aren’t trusted as much in the West.
  2. USDC ($1B): This is the most reputable USD-backed stablecoin, at least in the West. It was created by Coinbase & Circle, both well-regarded crypto companies. They’ve been very open and transparent with their audits and bank records.
  3. DAI ($189M): This is backed by other crypto assets — not USD in a bank account. This was arguably the first true DeFi protocol. The big benefit is that it’s more decentralized — it’s not controlled by any single organization. The downside is that the assets backing it can be volatile crypto assets (though it has mechanisms in place to mitigate that risk).
Other notable USD-backed stablecoins include PAX, TrueUSD, Binance USD, and Gemini Dollar.
tablecoins are playing an increasingly important role in the world of DeFi. In a way, they serve as common pipes & bridges between the various protocols.
https://preview.redd.it/v9ki2qro12b51.png?width=700&format=png&auto=webp&s=dbf591b122fc4b3d83b381389145b88e2505b51d

Lending & Borrowing

Three of the top five DeFi protocols relate to lending & borrowing. These popular lending protocols look very similar to traditional money markets. Users who want to earn interest/yield can deposit (lend) their funds into a pool of liquidity. Because it behaves similarly to traditional money markets, their funds are not locked, they can withdraw at any time. It’s highly liquid.
Borrowers can tap into this pool of liquidity and take out loans. Interest rates depend on the utilization rate of the pool — how much of the deposits in the pool have already been borrowed. Supply & demand. Thus, interest rates are variable and borrowers can pay their loans back at any time.
So, who decides how much a borrower can take? What’s the process like? Are there credit checks? How is credit-worthiness determined?
These protocols are decentralized, borderless, permissionless. The people participating in these markets are from all over the world. There is no simple way to verify identity or check credit history. So none of that happens.
Credit-worthiness is determined simply by how much crypto collateral the borrower puts into the protocol. For example, if a user wants to borrow $5k of USDC, then they’ll need to deposit $10k of BTC or ETH. The exact amount of collateral depends on the rules of the protocol — usually the more liquid the collateral asset, the more borrowing power the user can receive.
The most prominent lending protocols include Compound, Aave, Maker, and Atomic Loans. Recently, Compound has seen meteoric growth with the introduction of their COMP token — a token used to incentivize and reward participants of the protocol. There’s almost $1B in outstanding debt in the Compound protocol. Mainframe is also working on an exciting protocol in this area and the latest iteration of their white paper should be coming out soon.
There is very little economic risk to these protocols because all loans are overcollateralized.
I repeat, all loans are overcollateralized. If the value of the collateral depreciates significantly due to price volatility, there are sophisticated liquidation systems to ensure the loan always gets paid back.
https://preview.redd.it/rru5fykv12b51.png?width=700&format=png&auto=webp&s=620679dd84fca098a042051c7e7e1697be8dd259

Investments

Buying, selling, and trading crypto assets is certainly one form of investing (though not for the faint of heart). But there are now DeFi protocols to facilitate making and managing traditional-style investments.
Through DeFi, you can invest in Gold. You can invest in stocks like Amazon and Apple. You can short Tesla. You can access the S&P 500. This is done through crypto-based synthetics — which gives users exposure to assets without needing to hold or own the underlying asset. This is all possible with protocols like UMA, Synthetix, or Market protocol.
Maybe your style of investing is more passive. With PoolTogether , you can participate in a no-loss lottery.
Maybe you’re an advanced trader and want to trade options or futures. You can do that with DeFi protocols like Convexity, Futureswap, and dYdX. Maybe you live on the wild side and trade on margin or leverage, you can do that with protocols like Fulcrum, Nuo, and DDEX. Or maybe you’re a degenerate gambler and want to bet against Trump in the upcoming election, you can do that on Augur.
And there are plenty of DeFi protocols to help with crypto investing. You could use Set Protocol if you need automated trading strategies. You could use Melonport if you’re an asset manager. You could use Balancer to automatically rebalance your portfolio.
With as little as $1, people all over the world can have access to the same investment opportunities and tools that used to be reserved for only the wealthy, or those lucky enough to be born in the right country.
You can start to imagine how services like Etrade, TD Ameritrade, Schwab, and even Robinhood could be massively disrupted by a crypto-native company that builds with these types of protocols at their foundation.
https://preview.redd.it/agco8msx12b51.png?width=700&format=png&auto=webp&s=3bbb595f9ecc84758d276dbf82bc5ddd9e329ff8

Insurance

As mentioned in our previous post, there are near-infinite applications one can build on Ethereum. As a result, sometimes the code doesn’t work as expected. Bugs get through, it breaks. We’re still early in our industry. The tools, frameworks, and best practices are all still being established. Things can go wrong.
Sometimes the application just gets in a weird or bad state where funds can’t be recovered — like with what happened with Parity where $280M got frozen (yes, I lost some money in that). Sometimes, there are hackers who discover a vulnerability in the code and maliciously steal funds — like how dForce lost $25M a few months ago, or how The DAO lost $50M a few years ago. And sometimes the system works as designed, but the economic model behind it is flawed, so a clever user takes advantage of the system— like what recently happened with Balancer where they lost $500k.
There are a lot of risks when interacting with smart contracts and decentralized applications — especially for ones that haven’t stood the test of time. This is why insurance is such an important development in DeFi.
Insurance will be an essential component in helping this technology reach the masses.
Two protocols that are leading the way on DeFi insurance are Nexus Mutual and Opyn. Though they are both still just getting started, many people are already using them. And we’re excited to start working with them at Genesis Block.
https://preview.redd.it/wf1xvq3z12b51.png?width=700&format=png&auto=webp&s=70db1e9587f57d0c470a4f9f4523c216929e1876

Exchanges & Liquidity

Decentralized Exchanges (DEX) were one of the first and most developed categories in DeFi. A DEX allows a user to easily exchange one crypto asset for another crypto asset — but without needing to sign up for an account, verify identity, etc. It’s all via decentralized protocols.
Within the first 5 months of 2020, the top 7 DEX already achieved the 2019 trading volume. That was $2.5B. DeFi is fueling a lot of this growth.
https://preview.redd.it/1dwvq4e022b51.png?width=700&format=png&auto=webp&s=97a3d756f60239cd147031eb95fc2a981db55943
There are many different flavors of DEX. Some of the early ones included 0x, IDEX, and EtherDelta — all of which had a traditional order book model where buyers are matched with sellers.
Another flavor is the pooled liquidity approach where the price is determined algorithmically based on how much liquidity there is and how much the user wants to buy. This is known as an AMM (Automated Market Maker) — Uniswap and Bancor were early leaders here. Though lately, Balancer has seen incredible growth due mostly to their strong incentives for participation — similar to Compound.
There are some DEXs that are more specialized — for example, Curve and mStable focus mostly only stablecoins. Because of the proliferation of these decentralized exchanges, there are now aggregators that combine and connect the liquidity of many sources. Those include Kyber, Totle, 1Inch, and Dex.ag.
These decentralized exchanges are becoming more and more connected to DeFi because they provide an opportunity for yield and earning interest.
Users can earn passive income by supplying liquidity to these markets. It usually comes in the form of sharing transaction fee revenue (Uniswap) or token rewards (Balancer).
https://preview.redd.it/wrug6lg222b51.png?width=700&format=png&auto=webp&s=9c47a3f2e01426ca87d84b92c1e914db39ff773f

Payments

As it relates to making payments, much of the world is still stuck on plastic cards. We’re grateful to partner with Visa and launch the Genesis Block debit card… but we still don’t believe that's the future of payments. We see that as an important bridge between the past (legacy finance) and the future (crypto).
Our first post in this series shared more on why legacy finance is broken. We talked about the countless unnecessary middle-men on every card swipe (merchant, acquiring bank, processor, card network, issuing bank). We talked about the slow settlement times.
The future of payments will be much better. Yes, it’ll be from a mobile phone and the user experience will be similar to ApplePay (NFC) or WePay (QR Code).
But more importantly, the underlying assets being moved/exchanged will all be crypto — digital, permissionless, and open source.
Someone making a payment at the grocery store check-out line will be able to open up Genesis Block, use contactless tech or scan a QR code, and instantly pay for their goods. All using crypto. Likely a stablecoin. Settlement will be instant. All the middlemen getting their pound of flesh will be disintermediated. The merchant can make more and the user can spend less. Blockchain FTW!
Now let’s talk about a few projects working in this area. The xDai Burner Wallet experience was incredible at the ETHDenver event a few years ago, but that speed came at the expense of full decentralization (can it be censored or shut down?). Of course, Facebook’s Libra wants to become the new standard for global payments, but many are afraid to give Facebook that much control (newsflash: it isn’t very decentralized).
Bitcoin is decentralized… but it’s slow and volatile. There are strong projects like Lightning Network (Zap example) that are still trying to make it happen. Projects like Connext and OmiseGo are trying to help bring payments to Ethereum. The Flexa project is leveraging the gift card rails, which is a nice hack to leverage existing pipes. And if ETH 2.0 is as fast as they say it will be, then the future of payments could just be a stablecoin like DAI (a token on Ethereum).
In a way, being able to spend crypto on daily expenses is the holy grail of use-cases. It’s still early. It hasn’t yet been solved. But once we achieve this, then we can ultimately and finally say goodbye to the legacy banking & finance world. Employees can be paid in crypto. Employees can spend in crypto. It changes everything.
Legacy finance is hanging on by a thread, and it’s this use-case that they are still clinging to. Once solved, DeFi domination will be complete.
https://preview.redd.it/svft1ce422b51.png?width=700&format=png&auto=webp&s=9a6afc9e9339a3fec29ee2ae743c07c3042ea4ce

Impact on Genesis Block

At Genesis Block, we’re excited to leverage these protocols and take this incredible technology to the world. Many of these protocols are already deeply integrated with our product. In fact, many are essential. The masses won’t know (or care about) what Tether, USDC, or DAI is. They think in dollars, euros, pounds and pesos. So while the user sees their local currency in the app, the underlying technology is all leveraging stablecoins. It’s all on “crypto rails.”
https://preview.redd.it/jajzttr622b51.png?width=700&format=png&auto=webp&s=fcf55cea1216a1d2fcc3bf327858b009965f9bf8
When users deposit assets into their Genesis Block account, they expect to earn interest. They expect that money to grow. We leverage many of these low-risk lending/exchange DeFi protocols. We lend into decentralized money markets like Compound — where all loans are overcollateralized. Or we supply liquidity to AMM exchanges like Balancer. This allows us to earn interest and generate yield for our depositors. We’re the experts so our users don’t need to be.
We haven’t yet integrated with any of the insurance or investment protocols — but we certainly plan on it. Our infrastructure is built with blockchain technology at the heart and our system is extensible — we’re ready to add assets and protocols when we feel they are ready, safe, secure, and stable. Many of these protocols are still in the experimental phase. It’s still early.
At Genesis Block we’re excited to continue to be at the frontlines of this incredible, innovative, technological revolution called DeFi.
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None of these powerful DeFi protocols will be replacing Robinhood, SoFi, or Venmo anytime soon. They never will. They aren’t meant to! We’ve discussed this before, these are low-level protocols that need killer applications, like Genesis Block.
So now that we’ve gone a little deeper down the rabbit hole and we’ve done this whirlwind tour of DeFi, the natural next question is: why?
Why does any of it matter?
Most of these financial services that DeFi offers already exist in the real world. So why does it need to be on a blockchain? Why does it need to be decentralized? What new value is unlocked? Next post, we answer these important questions.
To look at more projects in DeFi, check out DeFi Prime, DeFi Pulse, or Consensys.
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Other Ways to Consume Today's Episode:
Follow our social channels:https://genesisblock.com/follow/
Download the app. We're a digital bank that's powered by crypto:https://genesisblock.com/download
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6pm Sat 9 Jun 2012 - /r/technology

  1. Apple patents laptop wedge shape. wired.com comments technology
  2. LinkedIn, Last.fm, eHarmony password leaks bigger than first thought, sites used weak unsalted hashes h-online.com comments technology
  3. China will launch a spacecraft this month to conduct its first manned space docking, the latest step in a plan aimed at giving the country a permanent space station by 2020. phys.org comments technology
  4. A student who ran a site which enabled the download of a million movie and TV show subtitle files has been found guilty of copyright infringement offenses. Despite it being acknowledged that the 25-year-old made no money from the three-year-old operation, prosecutors demanded a jail sentence. torrentfreak.com comments technology
  5. Game of Thrones crowned most pirated TV show of the season with nearly 4 million downloads per episode; worldwide hype combined with restricted availability are the key ingredients for the staggering number of downloads, but many would pay for it if HBO offered a standalone HBO GO subscription torrentfreak.com comments technology
  6. The entertainment industry disagrees with the studies saying that the more legitimate content there is available, at a reasonable price, the less likely people are to pirate. extratorrent.com comments technology
  7. 3D Printing: How 3D Printing is Changing the World - T.Rowe Price individual.troweprice.com comments technology
  8. The Pirate Bay evades ISP blockade with IPv6, can do it 18 septillion more times. extremetech.com comments technology
  9. Amazing! news.sky.com comments technology
  10. China has backdoors to US telecom and military components businessinsider.com comments technology
  11. Electrical Circuits for 3 year olds with Playdough youtube.com comments technology
  12. Metro-style Hotmail turns up in leaked screenshots engadget.com comments technology
  13. IPMI: Hacking servers that are turned "off" isc.sans.edu comments technology
  14. 3.3″ HDMI-dongle Android Pocket TV funded within 1 week on Kickstarter arstechnica.com comments technology
  15. How A 100 mpg Car Was Developed In 3 Months - Forbes. Shut up and take my money forbes.com comments technology
  16. Famous judge spikes Apple-Google case, calls patent system “dysfunctional” gigaom.com comments technology
  17. Microsoft set to reveal a Hotmail replacement with Newmail digitaltrends.com comments technology
  18. Japanese utility company investigating Thorium Molten Salt Reactors (or LFTRs) smartplanet.com comments technology
  19. A whopping 0.00038% of Facebook users vote on data use policy change: Only 342,632 ballots were cast as of a minute before closing, and the vote needed 270 million participants to be binding arstechnica.com comments technology
  20. Apple’s Planned Obsolescence Schedule tidbits.com comments technology
  21. Google Chrome to come in Metro-style edition for Windows 8 netraft.com comments technology
  22. Understanding Bitcoin: Bitcoin is at the forefront of 'hacktivism', giving its users a free alternative to contemporary financial mechanisms aljazeera.com comments technology
  23. World's Largest Organization for Computer Professionals Comes Out Against CISPA eff.org comments technology
  24. FBI says it's okay that they illegally took Megaupload files, because nothing "physical" was taken, only digital content. torrentfreak.com comments technology
  25. Kinect sensor can help you find your keys. bbc.com comments technology
  26. Facebook forced into revealing identities of cyberbullies - Woman wins high court backing after she received abusive messages guardian.co.uk comments technology
  27. Kinsight for Kinect tracks household items, finds the remote for you theverge.com comments technology
  28. Bitcoin: An Innovative Alternative Digital Currency (Reuben Grinberg, Yale Law School, December 9, 2011) papers.ssrn.com comments technology
  29. Microsoft recently extended 'It Just Works' compatibility for Visual Basic 6 applications through the full lifetime of Windows 8, so VB6 apps will have at least 24 years of supported lifetime (VB6 shipped in '98) msdn.microsoft.com comments technology
  30. The creators of the Flame malware have sent a "suicide" command that removes it from some infected computers. bbc.com comments technology
  31. Serviceteam Launches Smart Labels! prlog.org comments technology
  32. Judge Posner To Apple & Motorola: 'I have tentatively decided that the case should be dismissed with prejudice because neither party can establish a right to relief.' scribd.com comments technology
  33. Symantec recently discovered what it's calling “bizarre malware” that has been created to infect Android phones of fans who are voting in Japan’s premier annual girl-band election bgr.com comments technology
  34. Good News and Bad News on Apple's Patents - Forbes forbes.com comments technology
  35. PalettePro app: point, shoot and color appdictions.com comments technology
submitted by frontbot to fronttechnology [link] [comments]

4pm Sat 9 Jun 2012 - /r/technology

  1. A student who ran a site which enabled the download of a million movie and TV show subtitle files has been found guilty of copyright infringement offenses. Despite it being acknowledged that the 25-year-old made no money from the three-year-old operation, prosecutors demanded a jail sentence. torrentfreak.com comments technology
  2. Apple patents laptop wedge shape. wired.com comments technology
  3. LinkedIn, Last.fm, eHarmony password leaks bigger than first thought, sites used weak unsalted hashes h-online.com comments technology
  4. China will launch a spacecraft this month to conduct its first manned space docking, the latest step in a plan aimed at giving the country a permanent space station by 2020. phys.org comments technology
  5. Game of Thrones crowned most pirated TV show of the season with nearly 4 million downloads per episode; worldwide hype combined with restricted availability are the key ingredients for the staggering number of downloads, but many would pay for it if HBO offered a standalone HBO GO subscription torrentfreak.com comments technology
  6. The Pirate Bay evades ISP blockade with IPv6, can do it 18 septillion more times. extremetech.com comments technology
  7. Amazing! news.sky.com comments technology
  8. 3.3″ HDMI-dongle Android Pocket TV funded within 1 week on Kickstarter arstechnica.com comments technology
  9. China has backdoors to US telecom and military components businessinsider.com comments technology
  10. Famous judge spikes Apple-Google case, calls patent system “dysfunctional” gigaom.com comments technology
  11. Metro-style Hotmail turns up in leaked screenshots engadget.com comments technology
  12. IPMI: Hacking servers that are turned "off" isc.sans.edu comments technology
  13. Japanese utility company investigating Thorium Molten Salt Reactors (or LFTRs) smartplanet.com comments technology
  14. A whopping 0.00038% of Facebook users vote on data use policy change: Only 342,632 ballots were cast as of a minute before closing, and the vote needed 270 million participants to be binding arstechnica.com comments technology
  15. Electrical Circuits for 3 year olds with Playdough youtube.com comments technology
  16. Microsoft set to reveal a Hotmail replacement with Newmail digitaltrends.com comments technology
  17. FBI says it's okay that they illegally took Megaupload files, because nothing "physical" was taken, only digital content. torrentfreak.com comments technology
  18. Kinect sensor can help you find your keys. bbc.com comments technology
  19. World's Largest Organization for Computer Professionals Comes Out Against CISPA eff.org comments technology
  20. Kinsight for Kinect tracks household items, finds the remote for you theverge.com comments technology
  21. 3D Printing: How 3D Printing is Changing the World - T.Rowe Price individual.troweprice.com comments technology
  22. The creators of the Flame malware have sent a "suicide" command that removes it from some infected computers. bbc.com comments technology
  23. You probably all know this but, as a matter of interest, IPv6 could provide 252 individual addresses to each star in the observable universe. itknowledgeexchange.techtarget.com comments technology
  24. Arthur P. Stern, instrumental in inventing the color television and GPS, passes away engadget.com comments technology
  25. Judge Posner To Apple & Motorola: 'I have tentatively decided that the case should be dismissed with prejudice because neither party can establish a right to relief.' scribd.com comments technology
  26. How Google and Microsoft taught search to "understand" the Web arstechnica.com comments technology
  27. Netflix to Open Source Army of Cloud Monkeys | Wired Enterprise | Wired.com wired.com comments technology
  28. Facebook forced into revealing identities of cyberbullies - Woman wins high court backing after she received abusive messages guardian.co.uk comments technology
  29. Disney troubled over early offering of John Carter DVD by Netflix and Redbox engadget.com comments technology
  30. Bitcoin: An Innovative Alternative Digital Currency (Reuben Grinberg, Yale Law School, December 9, 2011) papers.ssrn.com comments technology
  31. You can now talk to Cleverbot out loud like Siri but much more fun. cleverbot.com comments technology
  32. Microsoft recently extended 'It Just Works' compatibility for Visual Basic 6 applications through the full lifetime of Windows 8, so VB6 apps will have at least 24 years of supported lifetime (VB6 shipped in '98) msdn.microsoft.com comments technology
  33. Hard Disk with some errors. This software show that it has 3 days to live. Help! i.imgur.com comments technology
  34. eHarmony says no other info stolen following password hack news.cnet.com comments technology
  35. In 50 years, Steve Jobs will be forgotten, Gladwell says news.cnet.com comments technology
submitted by frontbot to fronttechnology [link] [comments]

5pm Sat 9 Jun 2012 - /r/technology

  1. Apple patents laptop wedge shape. wired.com comments technology
  2. LinkedIn, Last.fm, eHarmony password leaks bigger than first thought, sites used weak unsalted hashes h-online.com comments technology
  3. A student who ran a site which enabled the download of a million movie and TV show subtitle files has been found guilty of copyright infringement offenses. Despite it being acknowledged that the 25-year-old made no money from the three-year-old operation, prosecutors demanded a jail sentence. torrentfreak.com comments technology
  4. China will launch a spacecraft this month to conduct its first manned space docking, the latest step in a plan aimed at giving the country a permanent space station by 2020. phys.org comments technology
  5. Game of Thrones crowned most pirated TV show of the season with nearly 4 million downloads per episode; worldwide hype combined with restricted availability are the key ingredients for the staggering number of downloads, but many would pay for it if HBO offered a standalone HBO GO subscription torrentfreak.com comments technology
  6. The Pirate Bay evades ISP blockade with IPv6, can do it 18 septillion more times. extremetech.com comments technology
  7. Amazing! news.sky.com comments technology
  8. China has backdoors to US telecom and military components businessinsider.com comments technology
  9. 3D Printing: How 3D Printing is Changing the World - T.Rowe Price individual.troweprice.com comments technology
  10. 3.3″ HDMI-dongle Android Pocket TV funded within 1 week on Kickstarter arstechnica.com comments technology
  11. Metro-style Hotmail turns up in leaked screenshots engadget.com comments technology
  12. IPMI: Hacking servers that are turned "off" isc.sans.edu comments technology
  13. The entertainment industry disagrees with the studies saying that the more legitimate content there is available, at a reasonable price, the less likely people are to pirate. extratorrent.com comments technology
  14. Famous judge spikes Apple-Google case, calls patent system “dysfunctional” gigaom.com comments technology
  15. Microsoft set to reveal a Hotmail replacement with Newmail digitaltrends.com comments technology
  16. Electrical Circuits for 3 year olds with Playdough youtube.com comments technology
  17. Japanese utility company investigating Thorium Molten Salt Reactors (or LFTRs) smartplanet.com comments technology
  18. A whopping 0.00038% of Facebook users vote on data use policy change: Only 342,632 ballots were cast as of a minute before closing, and the vote needed 270 million participants to be binding arstechnica.com comments technology
  19. World's Largest Organization for Computer Professionals Comes Out Against CISPA eff.org comments technology
  20. FBI says it's okay that they illegally took Megaupload files, because nothing "physical" was taken, only digital content. torrentfreak.com comments technology
  21. Kinect sensor can help you find your keys. bbc.com comments technology
  22. Facebook forced into revealing identities of cyberbullies - Woman wins high court backing after she received abusive messages guardian.co.uk comments technology
  23. Kinsight for Kinect tracks household items, finds the remote for you theverge.com comments technology
  24. Microsoft recently extended 'It Just Works' compatibility for Visual Basic 6 applications through the full lifetime of Windows 8, so VB6 apps will have at least 24 years of supported lifetime (VB6 shipped in '98) msdn.microsoft.com comments technology
  25. The creators of the Flame malware have sent a "suicide" command that removes it from some infected computers. bbc.com comments technology
  26. Judge Posner To Apple & Motorola: 'I have tentatively decided that the case should be dismissed with prejudice because neither party can establish a right to relief.' scribd.com comments technology
  27. You probably all know this but, as a matter of interest, IPv6 could provide 252 individual addresses to each star in the observable universe. itknowledgeexchange.techtarget.com comments technology
  28. Arthur P. Stern, instrumental in inventing the color television and GPS, passes away engadget.com comments technology
  29. How Google and Microsoft taught search to "understand" the Web arstechnica.com comments technology
  30. 5 Scientific Ways the Internet is Dividing Us | Cracked.com cracked.com comments technology
  31. Netflix to Open Source Army of Cloud Monkeys | Wired Enterprise | Wired.com wired.com comments technology
  32. Disney troubled over early offering of John Carter DVD by Netflix and Redbox engadget.com comments technology
  33. Bitcoin: An Innovative Alternative Digital Currency (Reuben Grinberg, Yale Law School, December 9, 2011) papers.ssrn.com comments technology
  34. You can now talk to Cleverbot out loud like Siri but much more fun. cleverbot.com comments technology
submitted by frontbot to fronttechnology [link] [comments]

8pm Sat 9 Jun 2012 - /r/technology

  1. Apple patents laptop wedge shape. wired.com comments technology
  2. LinkedIn, Last.fm, eHarmony password leaks bigger than first thought, sites used weak unsalted hashes h-online.com comments technology
  3. China will launch a spacecraft this month to conduct its first manned space docking, the latest step in a plan aimed at giving the country a permanent space station by 2020. phys.org comments technology
  4. A student who ran a site which enabled the download of a million movie and TV show subtitle files has been found guilty of copyright infringement offenses. Despite it being acknowledged that the 25-year-old made no money from the three-year-old operation, prosecutors demanded a jail sentence. torrentfreak.com comments technology
  5. The founder of Sierra On-Line, Ken Williams, recently came out of hiding for this one hour long interview about the rise and fall of this once great gaming company. youtu.be comments technology
  6. The entertainment industry disagrees with the studies saying that the more legitimate content there is available, at a reasonable price, the less likely people are to pirate. extratorrent.com comments technology
  7. 3D Printing: How 3D Printing is Changing the World - T.Rowe Price individual.troweprice.com comments technology
  8. Game of Thrones crowned most pirated TV show of the season with nearly 4 million downloads per episode; worldwide hype combined with restricted availability are the key ingredients for the staggering number of downloads, but many would pay for it if HBO offered a standalone HBO GO subscription torrentfreak.com comments technology
  9. The Pirate Bay evades ISP blockade with IPv6, can do it 18 septillion more times. extremetech.com comments technology
  10. Apple’s Planned Obsolescence Schedule tidbits.com comments technology
  11. China has backdoors to US telecom and military components businessinsider.com comments technology
  12. Electrical Circuits for 3 year olds with Playdough youtube.com comments technology
  13. Amazing! news.sky.com comments technology
  14. Metro-style Hotmail turns up in leaked screenshots engadget.com comments technology
  15. Facebook forced into revealing identities of cyberbullies - Woman wins high court backing after she received abusive messages guardian.co.uk comments technology
  16. Report finds rampant filesharing in North Korea, despite the risks arstechnica.com comments technology
  17. Google Chrome to come in Metro-style edition for Windows 8 netraft.com comments technology
  18. IPMI: Hacking servers that are turned "off" isc.sans.edu comments technology
  19. 3.3″ HDMI-dongle Android Pocket TV funded within 1 week on Kickstarter arstechnica.com comments technology
  20. Microsoft ending consumers' ability to file class-action suits latimes.com comments technology
  21. Symantec recently discovered what it's calling “bizarre malware” that has been created to infect Android phones of fans who are voting in Japan’s premier annual girl-band election bgr.com comments technology
  22. U.S. Claims Global Jurisdiction of .net and .com Web Sites: Is .edu Next? | e-Literate mfeldstein.com comments technology
  23. Famous judge spikes Apple-Google case, calls patent system “dysfunctional” gigaom.com comments technology
  24. Raytheon Company: Check Out Our New Tomahawk Cruise Missile! raytheon.com comments technology
  25. Microsoft set to reveal a Hotmail replacement with Newmail digitaltrends.com comments technology
  26. Understanding Bitcoin: Bitcoin is at the forefront of 'hacktivism', giving its users a free alternative to contemporary financial mechanisms aljazeera.com comments technology
  27. Kinect sensor can help you find your keys. bbc.com comments technology
  28. Japanese utility company investigating Thorium Molten Salt Reactors (or LFTRs) smartplanet.com comments technology
  29. A whopping 0.00038% of Facebook users vote on data use policy change: Only 342,632 ballots were cast as of a minute before closing, and the vote needed 270 million participants to be binding arstechnica.com comments technology
  30. World's Largest Organization for Computer Professionals Comes Out Against CISPA eff.org comments technology
  31. Kinsight for Kinect tracks household items, finds the remote for you theverge.com comments technology
  32. FBI says it's okay that they illegally took Megaupload files, because nothing "physical" was taken, only digital content. torrentfreak.com comments technology
  33. Bitcoin: An Innovative Alternative Digital Currency (Reuben Grinberg, Yale Law School, December 9, 2011) papers.ssrn.com comments technology
  34. Apple's Proposed 'Spaceship' Campus Comes Alive in New Floor Plans wired.com comments technology
submitted by frontbot to fronttechnology [link] [comments]

3pm Sat 9 Jun 2012 - /r/technology

  1. A student who ran a site which enabled the download of a million movie and TV show subtitle files has been found guilty of copyright infringement offenses. Despite it being acknowledged that the 25-year-old made no money from the three-year-old operation, prosecutors demanded a jail sentence. torrentfreak.com comments technology
  2. Game of Thrones crowned most pirated TV show of the season with nearly 4 million downloads per episode; worldwide hype combined with restricted availability are the key ingredients for the staggering number of downloads, but many would pay for it if HBO offered a standalone HBO GO subscription torrentfreak.com comments technology
  3. The Pirate Bay evades ISP blockade with IPv6, can do it 18 septillion more times. extremetech.com comments technology
  4. Apple patents laptop wedge shape. wired.com comments technology
  5. LinkedIn, Last.fm, eHarmony password leaks bigger than first thought, sites used weak unsalted hashes h-online.com comments technology
  6. China will launch a spacecraft this month to conduct its first manned space docking, the latest step in a plan aimed at giving the country a permanent space station by 2020. phys.org comments technology
  7. 3.3″ HDMI-dongle Android Pocket TV funded within 1 week on Kickstarter arstechnica.com comments technology
  8. Famous judge spikes Apple-Google case, calls patent system “dysfunctional” gigaom.com comments technology
  9. A whopping 0.00038% of Facebook users vote on data use policy change: Only 342,632 ballots were cast as of a minute before closing, and the vote needed 270 million participants to be binding arstechnica.com comments technology
  10. Japanese utility company investigating Thorium Molten Salt Reactors (or LFTRs) smartplanet.com comments technology
  11. FBI says it's okay that they illegally took Megaupload files, because nothing "physical" was taken, only digital content. torrentfreak.com comments technology
  12. Kinect sensor can help you find your keys. bbc.com comments technology
  13. World's Largest Organization for Computer Professionals Comes Out Against CISPA eff.org comments technology
  14. Kinsight for Kinect tracks household items, finds the remote for you theverge.com comments technology
  15. Hard Disk with some errors. This software show that it has 3 days to live. Help! i.imgur.com comments technology
  16. The creators of the Flame malware have sent a "suicide" command that removes it from some infected computers. bbc.com comments technology
  17. Amazing! news.sky.com comments technology
  18. China has backdoors to US telecom and military components businessinsider.com comments technology
  19. IPMI: Hacking servers that are turned "off" isc.sans.edu comments technology
  20. You probably all know this but, as a matter of interest, IPv6 could provide 252 individual addresses to each star in the observable universe. itknowledgeexchange.techtarget.com comments technology
  21. Judge Posner To Apple & Motorola: 'I have tentatively decided that the case should be dismissed with prejudice because neither party can establish a right to relief.' scribd.com comments technology
  22. Arthur P. Stern, instrumental in inventing the color television and GPS, passes away engadget.com comments technology
  23. data recovery software free download facebook.com comments technology
  24. How Google and Microsoft taught search to "understand" the Web arstechnica.com comments technology
  25. Bitcoin: An Innovative Alternative Digital Currency (Reuben Grinberg, Yale Law School, December 9, 2011) papers.ssrn.com comments technology
  26. Microsoft recently extended 'It Just Works' compatibility for Visual Basic 6 applications through the full lifetime of Windows 8, so VB6 apps will have at least 24 years of supported lifetime (VB6 shipped in '98) msdn.microsoft.com comments technology
  27. Three Ways to Generate Exciting and Interesting Blog Topics yookos.com comments technology
  28. Sean Parker And Shawn Fanning Talk About Airtime, The Facebook IPO, And A Lot More businessinsider.com comments technology
  29. Microsoft set to reveal a Hotmail replacement with Newmail digitaltrends.com comments technology
  30. In 50 years, Steve Jobs will be forgotten, Gladwell says news.cnet.com comments technology
  31. This is gold , Computer Virus TV News Report 1988 youtu.be comments technology
  32. Collusion browser addon makes a nice map of who is tracking you. Set it up for one of your kid's sessions on the Internet and be truly horrified. mozilla.org comments technology
  33. No-cost Windows 8 desktop development returns with Express for Desktop arstechnica.com comments technology
  34. Porn, gambling, and malware: Bitcoin as the Net's Wild West. arstechnica.com comments technology
  35. A woman targeted by 'trolls' on Facebook wins court battle to have their identities disclosed google.com comments technology
submitted by frontbot to fronttechnology [link] [comments]

How Bitcoin Shows We Don't Want a Gold Standard THE MARKETING OF BITCOINSTEP Bitcoin vs Universe The Man Who Put Everything He Owns Into Bitcoin  Moving ... Bitcoin for dummies Part 1 of Many!

Suche für Fussball Manager 2011 eine Seriennummer… Domain: www.cosmi… Gesamtrelevanz: Besucherfaktor: Titelrelevanz: Textrelevanz: Textausschnitt: 1 Antwort zu dieser Frage von YoungC mit… Textausschnitt: 1 Antwort zu dieser Frage von YoungC mit den Themen: Fussball Manager 11 und serial numer CIPHERTRACE GLOBAL ALERT: New Phishing Attack Claims to Have Webcam Video of Victims Performing Embarrassing Act – Asks for Ransom in Bitcoin Global Alert, December 11, 2019: In early December 2019, CipherTrace researchers received multiple reports of a new strain of phishing extortion. These “sextortion” emails attempt to fool recipients into believing that the scammer… Since then bitcoin has regained lost ground, more than doubling its value since the beginning of the year partly due to global political uncertainty and increased interest in Asia. Investors turned to the asset as a "safe haven" against geopolitical risks. Early investors in bitcoin would stand to benefit the most if they held on to the currency. Those who bought $100 of bitcoin at the 0.003 ... Kraken is more than just a Bitcoin trading platform. Come see why our cryptocurrency exchange is the best place to buy, sell, trade and learn about crypto. New! Fund and Trade SNX, BAL, KSM and CRV. Learn more. Important: Trading and Staking for Polkadot is now live. DOT tokens are re-denominated 100:1 (New DOT). Learn more. New! Fund and Trade Augur (REPv2). Learn more. New! Fund and Trade ... Laden Sie den Lexware FinanzManager und den Lexware FinanzManager Deluxe herunter und aktivieren Sie ihn mit Ihrem Code.

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How Bitcoin Shows We Don't Want a Gold Standard

Bitcoin vs Universe - Like and Subscribe Become a CryptosRus INSIDER to gain exclusive insight on the market, get reviews and analysis on undervalued crypto... On UofL Today with Mark Hebert (93.9 FM) talking about bitcoin, the concerns that the IMF has, and why people still don't know too much about it. If you would like to support my videos, please ... Last year, Didi Taihuttu sold almost everything he owned, poured it into bitcoin and moved his family into a trailer park. In this episode of Moving Upstream... From the Majority Report, live M-F 11:30am EST or via daily podcast at http://Majority.FM: Sam takes a look at the Bitcoin economy and how it proves why we don't want ... Published on Apr 29, 2011. Bitcoin is a new currency. You trade it using the address that looks like this: That's called a public key. Category Education; Show more Show less. Loading ...

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