create account

Cryptocurrency Keeps Progressing by taskmaster4450

View this thread on: hive.blogpeakd.comecency.com
· @taskmaster4450 ·
$13.12
Cryptocurrency Keeps Progressing
The [world](https://inleo.io/@leoglossary/leoglossary-world) of [cryptocurrency](https://inleo.io/@leoglossary/cryptocurrency) keeps progressing.  Actually, we can expand this by stating [digital assets](https://inleo.io/@leoglossary/leoglossary-digital-assets).


Unfortunately, for many, it is not progressing like many anticipated.  Such is the nature of [technology](https://inleo.io/@leoglossary/leoglossary-technology).  This is especially true when [governments](https://inleo.io/@leoglossary/leoglossary-government) and [Wall Street](https://inleo.io/@leoglossary/leoglossary-wall-street) is involved.


In this [article](https://inleo.io/@leoglossary/leoglossary-article) we are going to cover two [stories](https://inleo.io/@leoglossary/leoglossary-story) that show how things are moving forward.


# Cryptocurrency Keeps Progressing


We start with the idea of cryptocurrency as a tool against oppression.


This is certainly a [role](https://inleo.io/@leoglossary/leoglossary-role) we see crypto taking on.  While most of the [coins](https://inleo.io/@leoglossary/leoglossary-coins) are not great [medium of exchange](https://inleo.io/@leoglossary/leoglossary-medium-of-exchange), they can transfer value.  At the same [time](https://inleo.io/@leoglossary/leoglossary-time), we see the explosion of [stablecoins](https://inleo.io/@leoglossary/leoglossary-stablecoin).


Since these are mostly tied to [permissionless](https://inleo.io/@leoglossary/leoglossary-permissionless-blockchain) [blockchains](https://inleo.io/@leoglossary/blockchain), only a [private key](https://inleo.io/@leoglossary/leoglossary-private-key) is required to engage (along with the appropriate network fees).


Oppressors come in all forms.


To most, the first thought of oppression is from government.  This, historically, was the main [driver](https://inleo.io/@leoglossary/leoglossary-driver) of tyranny although, in our era, we could add [corporations](https://inleo.io/@leoglossary/leoglossary-corporation).


One thing that most people jump to is the idea of a government suppressing its people.  Again, that is the most common form.


However, it is not the only on.  What about governments oppressing other governments.  We see that a great deal these [days](https://inleo.io/@leoglossary/leoglossary-day).  The US Government, in its foolishness, decided to weaponize the [US Dollar](https://inleo.io/@leoglossary/leoglossary-u-s-dollar).  This is going to have impacts that are much greater than people believe.


Fortunately (or unfortunately), there are options.


 https://img.inleo.io/DQmabTnijnQ1qx7X98qsMz2LngzgU3DvUZXkek7gEwdWaDi/crypto.png 


>Citing [data](https://inleo.io/@leoglossary/leoglossary-data) from [market](https://inleo.io/@leoglossary/leoglossary-market) intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s [USDT](https://inleo.io/@leoglossary/leoglossary-usdt) is seeing increased usage at time zones correlated with major [cities](https://inleo.io/@leoglossary/leoglossary-city) in Eastern Europe, the Middle East and Africa, including sanctioned nations such as Russia and Iran.


 <center> [Source](https://dailyhodl.com/2024/11/03/stablecoin-issuer-tethers-usdt-potentially-seeing-rise-in-adoption-in-sanctioned-countries-report/) </center>


Here we see those pesky unintended consequences.


It seems those who are being oppressed by the actions of the US Government, and its allies, are not sitting back and taking it.  [Tether](https://inleo.io/@leoglossary/leoglossary-tether), which is ironically backed by [US Treasuries](https://inleo.io/@leoglossary/leoglossary-us-treasuries), is seeing rise in adoption in many nations, including those that are sanctioned.


What is also interesting is this might not be the best stablecoin to use for this purpose since there is an entity behind it.  Nevertheless, people are finding the utility, negating sanctions to some degree.


This is what happens when a decentralized system arises that is outside the control of governments and [central banks](https://inleo.io/@leoglossary/leoglossary-central-bank).


Ultimately, we are going to see a game of whack-a-mole.  


The governments might make progress with a few coins.  For example, perhaps they are able to identify a [Bitcoin](https://inleo.io/@leoglossary/leoglossary-bitcoin) [wallet](https://inleo.io/@leoglossary/leoglossary-wallet) and isolate the ultimate move into [cash](https://inleo.io/@leoglossary/leoglossary-cash).  Or something similar could happen with an [Ethereum](https://inleo.io/@leoglossary/leoglossary-ethereum-blockchain) wallet.  Some coins could be frozen by going to the [company](https://inleo.io/@leoglossary/leoglossary-company-business) behind it.


However, governments lose the numbers game.  What happens when there are 25K coins or [tokens](https://inleo.io/@leoglossary/leoglossary-token) to utilize?  How are you going to monitor and stop hundreds of networks?  It is likely there will be [AI](https://inleo.io/@leoglossary/leoglossary-artificial-intelligence) agents who have their own crypto that is utilized.


 https://img.inleo.io/DQmeJwTCNxNQr3v9fL9921fD1cmYtaqJJUuUG73YM8Gccux/crypto.png 




## UBS Rolling Out Tokenized Money market fund


For [years](https://inleo.io/@leoglossary/leoglossary-year) I felt that Ethereum would end up becoming a [banker](https://inleo.io/@leoglossary/leoglossary-banker) chain.  This is why I was always optimistic about that coin.


We have seen many institutions including Blackrock bring out products tied to this blockchain.  It is going to continue.


UBS has decided to go further into the game with the announcement of a [money market](https://inleo.io/@leoglossary/leoglossary-money-market) [fund](https://inleo.io/@leoglossary/leoglossary-fund) on Ethereum.


Of course, this is not available to average people.  


>In a statement, the global [wealth](https://inleo.io/@leoglossary/leoglossary-wealth) [manager](https://inleo.io/@leoglossary/leoglossary-manager) and multinational [investment bank](https://inleo.io/@leoglossary/leoglossary-what-are-investment-banks) says the UBS [USD](https://inleo.io/@leoglossary/leoglossary-usd) [money](https://inleo.io/@leoglossary/leoglossary-money) Market [investment](https://inleo.io/@leoglossary/leoglossary-investment) Fund token (uMINT) will be made available through authorized distribution partners.


<center> [Source](https://dailyhodl.com/2024/11/03/banking-giant-ubs-rolls-out-tokenized-money-market-fund-on-ethereum-eth/) </center>


We are seeing [infrastructure](https://inleo.io/@leoglossary/leoglossary-infrastructure-computer) being erected within the traditional financial system that is tokenized.  Since we are dealing with institutional [transactions](https://inleo.io/@leoglossary/leoglossary-transaction), they are looking to move from traditional [settlement](https://inleo.io/@leoglossary/leoglossary-settlement-financial) to [tokenization](https://inleo.io/@leoglossary/leoglossary-tokenization).  This is a smart move.


It is difficult to see exactly how this will play out with regards to who will dominate.  However, Blackrock is already seeking to make its BUIDL the stablecoin that institutions utilize.  


Naturally, this is far from the vision of [Satoshi](https://inleo.io/@leoglossary/leoglossary-satoshi-sats), one where an alternative financial system was constructed outside the traditional banking system.  As stated in the past, the industry spent years focusing upon green candles instead of [building](https://inleo.io/@leoglossary/leoglossary-building-structure) [infrastructure](https://inleo.io/@leoglossary/leoglossary-infrastructure) that was truly decentralized.


Many cheered the entry of Wall Street, since it would help pump their bags.  The problem is that, once in the door, Wall Street takes over.


This is precisely what is happening.


Nevertheless, we are seeing a great deal of development happening with [Web 3.0](https://inleo.io/@leoglossary/leoglossary-web-3-0).  This is going to be the shift that gets realized.  If we keep seeing the push to decentralized AI, crypto will invariably follow.


____


<center> [What Is Hive](https://inleo.io/@leoglossary/leoglossary-what-is-hive) </center>





Posted Using [InLeo Alpha](https://inleo.io/@taskmaster4450/cryptocurrency-keeps-progressing-ey1)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 761 others
👎  
properties (23)
authortaskmaster4450
permlinkcryptocurrency-keeps-progressing-ey1
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["hive-167922","cryptocurrency","tether","sanctions","governments","ubs","tokenization","mancave","neoxian","proofofbrain"],"canonical_url":"https://inleo.io/@taskmaster4450/cryptocurrency-keeps-progressing-ey1","links":["https://inleo.io/@leoglossary/leoglossary-world)","https://inleo.io/@leoglossary/cryptocurrency)","https://inleo.io/@leoglossary/leoglossary-digital-assets).","https://inleo.io/@leoglossary/leoglossary-technology).","https://inleo.io/@leoglossary/leoglossary-government)","https://inleo.io/@leoglossary/leoglossary-wall-street)","https://inleo.io/@leoglossary/leoglossary-article)","https://inleo.io/@leoglossary/leoglossary-story)","https://inleo.io/@leoglossary/leoglossary-role)","https://inleo.io/@leoglossary/leoglossary-coins)","https://inleo.io/@leoglossary/leoglossary-medium-of-exchange),","https://inleo.io/@leoglossary/leoglossary-time),","https://inleo.io/@leoglossary/leoglossary-stablecoin).","https://inleo.io/@leoglossary/leoglossary-permissionless-blockchain)","https://inleo.io/@leoglossary/blockchain),","https://inleo.io/@leoglossary/leoglossary-private-key)","https://inleo.io/@leoglossary/leoglossary-driver)","https://inleo.io/@leoglossary/leoglossary-corporation).","https://inleo.io/@leoglossary/leoglossary-day).","https://inleo.io/@leoglossary/leoglossary-u-s-dollar).","https://inleo.io/@leoglossary/leoglossary-data)","https://inleo.io/@leoglossary/leoglossary-market)","https://inleo.io/@leoglossary/leoglossary-usdt)","https://inleo.io/@leoglossary/leoglossary-city)","https://dailyhodl.com/2024/11/03/stablecoin-issuer-tethers-usdt-potentially-seeing-rise-in-adoption-in-sanctioned-countries-report/)","https://inleo.io/@leoglossary/leoglossary-tether),","https://inleo.io/@leoglossary/leoglossary-us-treasuries),","https://inleo.io/@leoglossary/leoglossary-central-bank).","https://inleo.io/@leoglossary/leoglossary-bitcoin)","https://inleo.io/@leoglossary/leoglossary-wallet)","https://inleo.io/@leoglossary/leoglossary-cash).","https://inleo.io/@leoglossary/leoglossary-ethereum-blockchain)","https://inleo.io/@leoglossary/leoglossary-company-business)","https://inleo.io/@leoglossary/leoglossary-token)","https://inleo.io/@leoglossary/leoglossary-artificial-intelligence)","https://inleo.io/@leoglossary/leoglossary-year)","https://inleo.io/@leoglossary/leoglossary-banker)","https://inleo.io/@leoglossary/leoglossary-money-market)","https://inleo.io/@leoglossary/leoglossary-fund)","https://inleo.io/@leoglossary/leoglossary-wealth)","https://inleo.io/@leoglossary/leoglossary-manager)","https://inleo.io/@leoglossary/leoglossary-what-are-investment-banks)","https://inleo.io/@leoglossary/leoglossary-usd)","https://inleo.io/@leoglossary/leoglossary-money)","https://inleo.io/@leoglossary/leoglossary-investment)","https://dailyhodl.com/2024/11/03/banking-giant-ubs-rolls-out-tokenized-money-market-fund-on-ethereum-eth/)","https://inleo.io/@leoglossary/leoglossary-infrastructure-computer)","https://inleo.io/@leoglossary/leoglossary-transaction),","https://inleo.io/@leoglossary/leoglossary-settlement-financial)","https://inleo.io/@leoglossary/leoglossary-tokenization).","https://inleo.io/@leoglossary/leoglossary-satoshi-sats),","https://inleo.io/@leoglossary/leoglossary-building-structure)","https://inleo.io/@leoglossary/leoglossary-infrastructure)","https://inleo.io/@leoglossary/leoglossary-web-3-0).","https://inleo.io/@leoglossary/leoglossary-what-is-hive)","https://inleo.io/@taskmaster4450/cryptocurrency-keeps-progressing-ey1)"],"images":["https://img.inleo.io/DQmabTnijnQ1qx7X98qsMz2LngzgU3DvUZXkek7gEwdWaDi/crypto.png","https://img.inleo.io/DQmeJwTCNxNQr3v9fL9921fD1cmYtaqJJUuUG73YM8Gccux/crypto.png"],"isPoll":false,"dimensions":{}}
created2024-11-04 13:55:36
last_update2024-11-04 13:55:36
depth0
children7
last_payout2024-11-11 13:55:36
cashout_time1969-12-31 23:59:59
total_payout_value0.130 HBD
curator_payout_value12.985 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length8,356
author_reputation6,707,442,640,633,757
root_title"Cryptocurrency Keeps Progressing"
beneficiaries
0.
accounttaskmaster4450le
weight9,900
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id138,266,356
net_rshares93,630,386,381,868
author_curate_reward""
vote details (826)
@daniasi ·
$0.14
@daniasi "Tether stablecoins market is seeing progress altho..."
Tether stablecoins market is seeing progress although it is backed US fiat. First, we have to see what happens when transaction rigidity is done with. Secondly, we see a big fight against oppression. When governments fight governments, it's the citizens who mostly suffer whether they be for or against. Crypto has helped balanced this misfortune.  
👍  , , , , , ,
properties (23)
authordaniasi
permlinkre-taskmaster4450-stbsqfgk
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["leofinance"],"canonical_url":"https://inleo.io/threads/view/daniasi/re-taskmaster4450-stbsqfgk","isPoll":false,"pollOptions":{},"dimensions":[]}
created2024-11-04 16:05:24
last_update2024-11-04 16:05:24
depth1
children0
last_payout2024-11-11 16:05:24
cashout_time1969-12-31 23:59:59
total_payout_value0.068 HBD
curator_payout_value0.067 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length349
author_reputation79,701,975,610,217
root_title"Cryptocurrency Keeps Progressing"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id138,268,253
net_rshares491,418,434,300
author_curate_reward""
vote details (7)
@ducecrypto ·
When Wall Street realized they couldn't stop cryptocurrency, they had to adopt the next phase of the plan, to take it over to control it. Some chains will do better than others, and I think that all comes down to community and the people that hold the tokens.
properties (22)
authorducecrypto
permlinkre-taskmaster4450-smhk36
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.10.10","image":[],"users":[]}
created2024-11-05 16:21:06
last_update2024-11-05 16:21:06
depth1
children0
last_payout2024-11-12 16:21:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length259
author_reputation136,501,925,102,935
root_title"Cryptocurrency Keeps Progressing"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id138,286,642
net_rshares0
@hive-lu ·
#### Hello taskmaster4450!
**It's nice to let you know that your article won 🥈 place.**
Your post is among the best articles voted 7 days ago by the @hive-lu | King Lucoin Curator by **keithtaylor**
 
You and your curator receive **0.0257 Lu** (Lucoin) investment token and a **6.80%** share of the reward from [Daily Report 473](/lucoin/@hive-lu/daily-report-day-473). Additionally, you can also receive a unique **LUSILVER** token for taking 2nd place. All you need to do is reblog [this](/lucoin/@hive-lu/daily-report-day-473) report of the day with your winnings.
 
<center>[![2.png](https://files.peakd.com/file/peakd-hive/now.calendars/23uEwt7Djmb4N3dE96ecCUemJez6vLU3fmoTrdjEJn1ws4d8iPw2QrrsB22nyhbb178sx.png)](/@hive-lu)</center>
 
---
<center><sub>Invest in the **Lu token** (Lucoin) and get paid. With 50 Lu in your wallet, you also become the curator of the @hive-lu which follows your upvote.
Buy Lu on the [Hive-Engine](https://hive-engine.com/trade/LU) exchange | World of Lu created by @szejq </sub></center>
<center><sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP` _or to resume write a word_ `START`</sub> </center>
properties (22)
authorhive-lu
permlinklucoin-prize-s4uvps
categoryhive-167922
json_metadata""
created2024-11-12 03:30:12
last_update2024-11-12 03:30:12
depth1
children0
last_payout2024-11-19 03:30:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,194
author_reputation32,457,225,163,850
root_title"Cryptocurrency Keeps Progressing"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id138,406,154
net_rshares0
@india-leo ·
Indiaunited Curation 1730730688625
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators. 

<sub>**100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.**</sub>
properties (22)
authorindia-leo
permlinkindiaunited-1730730688625
categoryhive-167922
json_metadata{"app":"hiveblog/0.1","format":"markdown","tags":["hive-167922","cryptocurrency","tether","sanctions","governments","ubs","tokenization","mancave","neoxian","proofofbrain"]}
created2024-11-04 14:31:30
last_update2024-11-04 14:31:30
depth1
children0
last_payout2024-11-11 14:31:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length536
author_reputation7,774,367,158,109
root_title"Cryptocurrency Keeps Progressing"
beneficiaries
0.
accountbhattg
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id138,266,909
net_rshares0
@uyoho ·
$0.14
Crypto is seeing increasing acceptance in the present time. Maybe it's because of the value of Bitcoin 
👍  , , , , , ,
properties (23)
authoruyoho
permlinkre-taskmaster4450-2024114t161528561z
categoryhive-167922
json_metadata{"content_type":"general","type":"comment","tags":["hive-167922","cryptocurrency","tether","sanctions","governments","ubs","tokenization","mancave","neoxian","proofofbrain"],"app":"ecency/3.1.6-mobile","format":"markdown+html"}
created2024-11-04 15:15:30
last_update2024-11-04 15:15:30
depth1
children0
last_payout2024-11-11 15:15:30
cashout_time1969-12-31 23:59:59
total_payout_value0.068 HBD
curator_payout_value0.067 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length103
author_reputation23,675,708,141,421
root_title"Cryptocurrency Keeps Progressing"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id138,267,481
net_rshares490,460,318,676
author_curate_reward""
vote details (7)
@wiseagent ·
$0.14
properties (23)
authorwiseagent
permlinkre-taskmaster4450-2024114t15237325z
categoryhive-167922
json_metadata{"tags":["hive-167922","cryptocurrency","tether","sanctions","governments","ubs","tokenization","mancave","neoxian","proofofbrain"],"app":"ecency/4.0.1-vision","format":"markdown+html"}
created2024-11-04 18:23:36
last_update2024-11-04 18:23:36
depth1
children0
last_payout2024-11-11 18:23:36
cashout_time1969-12-31 23:59:59
total_payout_value0.068 HBD
curator_payout_value0.068 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length28
author_reputation1,289,055,433,561,443
root_title"Cryptocurrency Keeps Progressing"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id138,270,492
net_rshares492,844,799,533
author_curate_reward""
vote details (8)
@yatadetodo ·
Why when I click on Posted Using “InLeo Alpha”, it does not redirect me to inleo.io?
properties (22)
authoryatadetodo
permlinkre-taskmaster4450-smj56p
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.10.11","image":[],"users":[]}
created2024-11-06 12:54:30
last_update2024-11-06 12:54:30
depth1
children0
last_payout2024-11-13 12:54:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length85
author_reputation39,194,375,511
root_title"Cryptocurrency Keeps Progressing"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id138,301,840
net_rshares0