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The Party Once More

  The following is excerpted from "The Party Once More", written by Murray N. Rothbard for the May, 1972 issue of The Libertarian Forum. "More substantially, Mr. Nolan writes that the primary purpose of the Libertarian Party is not immediate electoral victory but to educate the public in libertarian ideas. We never thought otherwise. But the problem with this approach - a long-standing objective of minor parties - is that the psychology of the mass of the public being educated is overlooked.  Let us take, for example, the poor old Socialist Labor Party, which, doggedly, every four years for nearly a century, has been nominating Presidential candidates and gettting them on the ballot. What impact on the electorate has the SLP achieved? The problem is that the party has been so small, so flagrantly unviable, that the educational impact for socialism by the SLP has ranged sternly from zero to negative.  For what is the reaction of the public? The reaction of the average cit

The Economics of BTC Maximalism





BTC maximalism is a flawed doctrine, fallacious in numerous respects. 

First, if you'd prefer to hear these arguments in audio, check out this recent episode of ABNP, where @mrpseu & I discused these same topics. 

Also, a qualifier: I'm not capable of making, defending or refuting technical arguments. I'll leave that aspect of the debate to others. My concerns with BTC maximalism are entirely economic and can be divided into four areas. 


  1. Based on the criteria for saleability as laid out by the austrian school, BTC is not the most marketable digital commodity.
  2. A lack of portability relative to other cryptocurrencies implies BTC isn't as sound of a commodity. 
  3. Value storage is a secondary function of money and cannot satisfy the use-value requirement of regression theorem. 
  4. BTC maximalism lays waste to the Hayekian notion of competition as a discovery procedure. This final point was addressed in detail on episode 50 of The Agora, Crypto-Economics and thus, isn't elaborated on in great detail here.


Saleability


In order to understand the concept of saleability, consider the following example.

Imagine a barter economy, where commodities are directly exchanged one for another.

Alice is in possession of telescopes and wishes to trade one of them for some of the wheat that Bob has been growing on his farm. 1 telescope for 1 lb. of wheat seems like a fair deal, so Bob accepts the offer.

Next month Alice returns with another telescope seeking a repeat of the same trade. What should Bob do? He already has a perfectly good telescope, and certainly doesn’t need two.

Bob politely informs Alice that although he has no utility for a telescope, he could use a pair of shoes. Alice takes her wares to the local shoe shop and is politely denied by the cobbler who himself is in need of a plow - not astronomical instruments. Somewhat frustrated, she makes her way to the blacksmith who accepts the offer: 1 telescope for 1 plow. The plow can in turn be traded for the shoes, and the shoes in exchange for the wheat.

While leaving Bob’s grain farm, Alice notices that she isn’t the only one present hoping to trade for wheat. In fact, she notices much more economic activity on Bob’s wheat farm than in her telescope factory. This is because grain is a much more saleable, or marketable commodity.


Realizing everyone is willing to trade for wheat, Alice decides it’d be prudent to keep some additional wheat in reserve, beyond the amount she can personally consume. This way she can avoid the hassle of making a series of exchanges. Notice that the demand to hold a commodity in reserve is dependent upon its ability to function as a medium of exchange. In other words, if market participants are unwilling to use it as exchange media, there’s no reason for Alice to hold it in reserves in the first place.



“The functions of money as a transmitter of value thru time & space may be directly traced back to its function as a medium of exchange.” -LvM

A unified monetary system, given enough time will tend to prefer one or at most, a very small number of commodities as media of exchange.

As Mises explained:
“The greater the marketability of the goods first acquired in indirect exchange, the greater would be the prospect of being able to reach the ultimate objective without further maneuvering. Thus there would be an inevitable tendency for the less marketable of the series of goods used as media of exchange to be one by one rejected until at last only a single commodity remained, which was universally employed as a medium of exchange; in a word, money.”
 The question then becomes: what determines saleability?

Thankfully, Carl Menger gave us a very specific list of criteria to consider when evaluating the saleability of commodities through space, and also thru time. While I recommend everyone read Menger’s criteria for themselves here, for our purposes I’ve selected only the aspects which I believe constrain BTC’s chances of becoming money.


Carl Menger, 1840-1921

First, according to Menger, one aspect of spatial saleability is “the cost of transport incurred in proportion to it’s value.” If the cost of moving a digital commodity (aka transaction fee) is greater for Coin A than it is for Coin B, then in respect to this aspect of saleability - Coin B has the advantage. Being notorious for high transaction fees, BTC is at best, lackluster in this regard. Remember, only the most saleable commodity can become money.

Perhaps lightning will alleviate this, perhaps not. In the meantime, there are undeniably a host of digital commodities which already function efficiently in this regard.

Secondly, with respect to the temporal limits of saleability, of particular concern are “the restrictions imposed politically & socially on their being transferred from one period of time to another.” Thus, if states decide to prohibit, or merely threaten to prohibit the possession of cryptocurrencies, they can seriously damage their marketability. Therefore, as states like India, China & the US begin to crackdown, we can expect to see a decrease in the saleability of pseudonymous chains relative to anonymous chains.


Finally, as we’ve seen, saleability is a dynamic and not a static concept. It’s subject to change based on uncontrollable factors such as the behavior of third parties, like states. There is no way for maximalists to know whether or not BTC will satisfy market conditions, if those conditions don’t exist yet. For more on the Hayekian objections to BTC maximalism, check out this episode of The Agora with Jeffrey Tucker.

Soundness


On page 5 of The Bitcoin Standard, Saifedean Ammous says that the stock-to-flow ratio is a reliable indicator of a money’s hardness. However, stock-to-flow is only a measure of the relative abundance or scarcity of a given commodity - and scarcity, is but one element of soundness. By no means is it the only or exclusive component of sound money.

Sound money is indeed scarce. But it’s also homegenous, divisible, durable & crucially, portable. In the context of sound money, portability refers to a commodity's value-to-weight ratio. Gold is more portable than iron because if you wanted to purchase a car, you’d only need a pocketful of coins rather than a wagon full of iron. In other words, transporting gold requires less resources than transporting iron. Similarly, due to higher transaction fees, transporting BTC requires more resources than other cryptocurrencies.

Therefore, not only is BTC less saleable, but it’s also less sound.

Regression Theorem


The maximalist claim that BTC satisfies the use-value requirement of regression theorem by being a store of value is particularly simple to refute. This is mainly due to the fact that Menger & Mises expressly attacked the claim that money's primary function could be it's role as a store of value.


As they explain in great detail, all functions of money are secondary to its ability to function as a medium of exchange. Recall from our previous example that Alice only decided to use wheat as a store of value upon realizing it’s usefulness as a medium of exchange. This of course is only logical. Indeed, the reason most individuals continue to use fiat as a SoV and not gold - despite the latter’s better performance in this regard - is to ensure their funds are readily accessible in case they have to  suddenly be exchanged for goods or services.

As Menger explains in Principles of Economics:
"The portion of his wealth that an economizing individual intends to use for purchasing consumption goods attains that form in which he may, at any time, satisfy his needs in the most certain and most rapid manner if it is first exchanged for money."

He continues, more direct -
“...it appears to me to be just as certain that the functions of being a “measure of value” and a “store of value” must not be attributed to money as such, since these functions are of a merely accidental nature and are not an essential part of the concept of money.”

 Chapter 1 of Mises' later work, Theory of Money and Credit, devoted an entire section to the "Secondary Functions" of money, which included value storage. In fact, Mises' tone towards those who mistook these secondary functions of money for it's primary purpose was borderline mockery - and is frankly as appropriate today, as it was when it was written in 1912.
"After Menger's review of the question, further discussion of the connection between the secondary functions of money and its basic function should be unnecessary. Nevertheless, certain tendencies in recent literature on money make it appear advisable to examine briefly these secondary functions - some of them are coordinated with the basic function by many writers - and to show once more that all of them can be deduced from the function of money as common medium of exchange."
So, if Bitcoin’s primary utility cannot logically be value storage then what is it’s use-value? Bitcoin’s initial utility was the enabling of p2p transactions without the need for third party intermediaries. In other words, to bank the unbanked. 


Prior to the advent of Bitcoin, if my friend and TNL contributor, Alex Utopium (Norway), and I (NYC) wished to conduct a transaction, we’d need a third party, such as VISA, or a bank, to verify that one of us had sent the funds & also that the other had received them. Naturally, this systematic centralization became a magnet for political parasites to infiltrate the financial sovereignty of individuals. Satoshi’s white paper changed this forever. Ever since and forever more, any two people, anywhere in the world, can transact without statists prying into their affairs.

For a real world example, look no further than the agorist hero, Ross Ulbricht. Inspired by the late J. Neil Schulman's Alongside Night, Ross created the first truly free and uncensored market humanity has ever known. Without a p2p currency, the Silk Road would have never been possible, but with it, buyers & sellers were able to transact without worrying about third party censorship. 

This is the utility of Bitcoin.

Final Thoughts


In conclusion, based on the Austrian criteria for saleability, BTC has two weaknesses. First, it’s marketability thru space is limited by transaction fees. Also, the pseudonymous nature of BTC leaves the chain vulnerable to state interference and limits it’s temporal saleability relative to anonymous chains. Secondly, transporting BTC currently requires more resources than a host of other digital commodities, making it less portable, and thus, less sound. Finally, the maximalist claim that BTC satisfies the utility requirement of regression theorem as a means of value storage suffers from circularity. Value storage is a secondary function of money dependent on it's ability to serve it's primary function as exchange media. 

Do you agree or disagree? Share your thoughts in the comments below!







Comments

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    BTC is indeed inferior to some other cryptos when it comes to high transaction costs, but it is superior when it comes to security, thanks to its very high share of mining hash power. Personally I don't think BTC can take its hash power for granted indefinitely, and must eventually compete on transaction costs and things like anonymity. But this article would be more balanced and insightful if it acknowledged this current BTC strength and opined on what BTC would have to do to maintain this strength relative to other cryptos.

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    ReplyDelete
  41. Con el auge de las criptomonedas, muchas personas han comenzado en 2020 a invertir estos activos. Y la gran mayorรญa utiliza plataformas como Mind Capital para rentabilizar sus criptomonedas. ¿Quieres saber cuรกles son sus opiniones sobre Mind Capital?. En este artรญculo hablaremos sobre Mind Capital y las opiniones que ha generado en 2020. To know more Click Here

    ReplyDelete
  42. You are going to want to participate in this #cryptocurrency program. You are going to make money with your #investment and with people you bring in, and people you do not bring in personally. You will generate 200% return on your crypto investment.

    You can learn what we are about by watching this video, we will go through the website, show you how it works. Then you can sign up and start to generate profits:
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    ReplyDelete
  43. Farm academy #defi
    Community development project on #ethereum #blockchain in #decentralized #finance systems,
    that will enable everyone to provide active and passive income for themselves in the era of #yield farming
    Website: https://farmacademy.finance/

    ReplyDelete
  44. Discover How To Earn #CRYPTO Daily Directly To Your Wallet With This Simple And Lucrative
    Smart Contract System

    I'm so excited because I finally found an amazing way to help people start earning really big money in crypto while starting with a very small capital!
    It's a really simple yet so powerful and effective project! I call it ATM #money machine... :)
    My buddy Vitaliy in the first 6 weeks on getting started earned over $200,000 in Crypto!
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    ReplyDelete
  45. With the announcement of PayPal to support cryptocurrencies, users may be wondering if they can deposit or withdraw their cryptocurrenies from PayPal. The answer is no, you can't.

    However, I have found a website that allows you to do that. It's https://CryptoToPayPal.com/ and they offer slightly above market rates for your cryptocurrencies. I have tried it myself and it works.

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    ReplyDelete
  46. Facebook is planning on new currency based on a blockchain

    The world’s largest social network, Facebook seems that they are planning to launch their own digital coin. Facebook has declined to comment on the speculation, but they are clearly up to something. Mark Zuckerberg, boss of Facebook, said “it should be as easy to send money to someone as it is to send a photo”.

    In the United States, peer-to-peer transfers are already allowed on Facebook’s Messenger app. But only between accounts linked to payment cards issued by banks and in existing currencies. But the new blockchain-based money would be a currency on its own. Facebook will be likely to develop their own currency based on a blockchain so that they can pull even with other global apps such as WeChat in China which is already providing easy payment features.

    Including Facebook, major companies in all over the world try to invest and develop their own cryptocurrency, it will not harm us to understand about blockchain and crpytocurrency and even invest in it earlier than others. If you would like to know more about the blockchain development and join the community that you can get information and specialized sources then you can try BINT Protocol.

    BINT Protocol, Blockchain Internet Network Terminal protocol, was established to create an enhanced environment for blockchain system development and anyone can build up a community so that the participants can freely share each other’s information. This company will officially go public December this year with the total supply 8 million BINT.

    If you would like to get educated about blockchain, go and check it out: http://bintprotocol.com/

    ReplyDelete
  47. Trade Stocks, Cryptos and Predict.
    Wyretrade a simple way to trade

    Wyretrade, a global trading and no limit prediction platform
    Buy and Sell Stocks & ETFs using digital currency of Bitcoin, Litecoin, Ethereum, USD Coin and more

    More info here: https://wyretrade.com/

    ReplyDelete
  48. MedicalVeda trading competition LIVE now, WIN 3900 MVEDA ($6000) Every Day!
    Exciting competitions to win easy prizes every day! Running till End Dec 2020! Participate in any of these Easy Competitions
    Competition No 1 |10 Days Balance Growth Competition:
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    Total Winning Prize: 2000 MVEDA Every 10 Days!

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    Winning chance: Very Easy!
    Total Winning Prize: 600 MVEDA Everyday!

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    Winning chance: Super Easy!
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    Uniswap๐Ÿ’ŽMedicalveda(MVEDA)๐Ÿ’Ž is live now!

    MedicalVeda trading competition LIVE now, WIN 3900 MVEDA ($6000) Every Day! ๐Ÿ’ฐ๐Ÿ†

    ๐Ÿ”ฅExciting competitions to win easy prizes every day! Running till End Dec 2020! Participate in any of these Easy Competitions.

    Listed now in these exchanges:
    EXMARKETS (MVEDA-ETH)
    WhiteBit (MVEDA-ETH)
    DCOIN (MVEDA-USDT)
    Also, Deposit MVEDA & Earn up to 25% interest in just a few weeks!
    More info Click Here

    ReplyDelete
  49. QUBIT ExchangeTM Quantum Secure
    Future QAST Blockchain Satellite Quantum Secure Cryptocurrency Exchange
    THE FUTURE OF JURISDICTIONAL TRADING & SOVEREIGNTY

    • Send Tokens
    • free your money
    • Buy and sell cryptocurrencies and store them all in one place.
    • Your gateway to the Space-Based global economy

    - Operate within seconds around the world
    - Send and receive cryptocurrencies between friends from all over the globe.
    - Buy, sell, and send currencies with ease
    - All available anytime and all in one account.
    - Make deposits
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    Qexchange Transfer
    Send and receive between friends. Fast and easy, without any fees.
    We make crypto easy. Sign up and get started in minutes.
    1. Create your account
    Sign up on our website
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    https://www.qexchange.ai/

    ReplyDelete
  50. ICO-Real-Estate
    You can contribute IRE token go through Buy Token page. You can get a quick response to any questions, and chat with the project in our Telegram: https://t.me/icorealestate Don’t hesitate to invite your friends!
    Watch the video here: https://ico-real-estate.com/

    ReplyDelete
  51. The $YFEED #Token is a #deflationary token carefully forged for staking and betting. Although the #cryptocurrency arena has seen a bunch of similar projects, #YFEED is different as the dapps will be designed to function similar to the conventional betting portals.
    Our audit is ready!
    Visit https://yfeed.network/audit.pdf and have a look!
    Audit of Staking Pool : https://yfeed.network/StakingAudit.pdf
    We are totally ready to start our amazing staking and gaming powerhouse.
    Join https://t.me/yfeedfinance for more info!

    ReplyDelete
  52. I saw your post. it has very good information keep it up. we are also World wide news we provide News, Politics,Travel,fashions...etc

    COVID-19
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    ReplyDelete
  53. Farming and Get more reward with pyschic NFT card in predict market !

    Hi all, is your life dull and boring?
    Now is the time to spicy it up with a bit of magic!

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    Get higher rewards with using Psychic NFT card!

    Still waiting? Hurry up!
    https://www.psychic.finance/

    ReplyDelete
  54. Changing the advertising industry through innovative
    reward advertising.
    #Moveo (MOVE) powers-up LoyalCrowd.io ad network to
    increase fan engagement and to give the possibility to
    fans to monetize their time #invested into ads.
    Watch the video here https://youtu.be/UIK9dfiIl90
    Visit website: https://loyalcrowd.io/en/moveo

    ReplyDelete
  55. The Neulaut project is The autonomous logistics on the blockchain for efficiency in the supply chain, shipping and transportation industry. The Neulaut Project combines #blockchain with AI and IoT devices to automate traceability and instantaneously approve financial transactions in the shipping industry. Blockchain-enabled IoT devices give logistics companies better insights into environmental conditions and transfer-of-custody processes.
    http://www.neulaut.com/

    ReplyDelete
  56. Looking for an alt coin with the potential for 10,000x returns? Check out BTG (Bitcoin Gold). It’s about to explode 10-100x in the next few days. Potentially Life changing money! Lookup BTG and buy today!! #bitcoin
    https://youtu.be/lmGGRItjsHQ

    ReplyDelete
  57. Brace yourselves to be blown away!

    The entertainment biz is never going to be the same again! The buzz is that a new token is coming into the market, which will change the way the entertainment industry work. This token is about to bring in a revolution in the world of cinema.

    Backed by the Ethereum Blockchain Technology, these tokens are going to be beneficial to the Cinema Stakeholders as well as for the audience as new and fresh content will be produced. The platform will give aspiring talents a platform to showcase their talents in acting, production, direction, cinematography and the likes. The platform gives an opportunity for people from across the world to connect, collaborate and come together to produce remarkable and noteworthy audio-visual content.

    Having a blockchain-backed token in the industry ensures that the industry functions seamlessly and the need for a middle man is eliminated. The funds collected through tokens will be divided between stakeholders transparently.

    Wondering what the platform and tokens will be called? Coliseum! Exploring new avenues of the entertainment business and leading the way, Coliseum tokens are set to take the industry by surprise. It is going to build the bridge between stakeholders and talents and remove geographical barriers because in the end only entertainment matter.

    Website: https://coliseumtokens.io/

    ReplyDelete
  58. LiL Moon Rockets is a digital vector pop art NFT collection consisting of 13337 unique art pieces, stored on the Binance SmartChain as NFTs. The LiL Moon Rockets collection was curated out of 272,160,000 possible combinations using a unique proprietary random number generation algorithm.

    During the initial 3 weeks of distribution of the artworks, you don't know which of the 13337 artworks you will be buying. Three weeks after the acquisition phase starts, or earlier if all 13337 NFTs have been distributed before that, the final sequencing of artworks will be revealed through blockchain initiated entropy.

    LiL Moon Rockets NFT owners can claim so-called NYR-tokens (Name Your Rocket) daily. NYR-tokens can be used to give the NFT artwork a unique name.

    LiL Moon Rockets are going to the moon ๐Ÿš€
    Vector Pop-Art Collection of 13337 collectibles
    Starting offer: 0.05 BNB
    Site: https://lilmoonrockets.com/
    Twitter: @lilmoonrockets
    Telegram: @lilmoonrockets

    ReplyDelete
  59. Create and sell digital collectibles secured with blockchain
    Manifest & Chill NFT
    https://app.rarible.com/manifest
    #nft #nonfungible #digitalasset #digitalart

    ReplyDelete
  60. Cryptoware.biz is a registered investment platform providing digital asset investment management services to individuals. They provide a dynamic investment solution to clients in need of a self-operating portfolio, as well as a smart fund with flexible time and investment amount.

    ReplyDelete
  61. #Sting #Defi is based on NFT Gaming Project. User will able to buy #gaming characters using Sting defi. its currently supply of 100k on #binance chain system. its already listed on Pancakeswap swap.
    https://t.co/hbKv3olm8i
    more exchanges soon will be launch.
    Website: https://stingdefi.yfiigold.finance/

    ReplyDelete
  62. POWERCORP Global
    Power Corp through the introduction of its Power Coin (PKOIN)) has designed a platform that uses a stable coin and #blockchain technology to allow clients to tokenize borrow and trade their digital and physical assets.
    https://www.powercorp.us
    https://t.me/Powercorpglobal
    https://twitter.com/powercorpus
    https://www.facebook.com/powercoinus/

    ReplyDelete
  63. ZiLCoin (ZRO) is an initiative of Advanced Analysis Australia. ZiLCoin represents no less than freedom from the debt trap for the average borrower around the world. By using blockchain technology, our platform will ensure that everyone benefits from new lending opportunities never seen before.

    The time has come to launch the Zero Interest Loan coin (ZRO). For each ZiLCoin (ZRO) token acquired (bought) an additional ZiLCoin (ZRO) token will be placed in a pot for loans. Immediately after 40% of the tokens are sold, then borrowers will be able to borrow for short-term loans using Ether as collateral. Soon, other crypto currencies will be able to be used as collateral for these operations. The ultimate aim is to enable interest free home loans in Australia, the US and around the world.

    Importantly, the borrower need only pay back the principal with no interest at the Ether rate. Later, when other cryptos are accepted as collateral, the borrower need only pay back the crypto or fiat used as collateral at the rate in place when the loan was taken out. The borrower is then shielded from the fluctuations on the market and so is ZilCoin.

    ZiLCoin is an opportunity to help businesses and economies rebuild after years of attrition under a system which offered more exploitation than support.

    To find out more about ZilCoin (ZRO):
    Visite: https://zilcoin.io/
    Twitter: https://twitter.com/ZiLCoin_ZRO
    Facebook: https://www.facebook.com/ZilCoin.ZRO.Official

    ReplyDelete
  64. View the g9tro #Crowdfunding Platform (G9TRO) price live in US dollar (USD).
    Today's value and price history. Discover info about #market cap, #trading volume and supply.
    To know more visit: https://coinranking.com/coin/jYnaCl10y+g9trocrowdfundingplatform-g9tro

    ReplyDelete
  65. Start Mining Bitcoin @ https://bitminer.eu
    with your Device GPU.

    #bitminer #bitcoin #btc #cpu #mining #mine #crypto

    ReplyDelete
  66. $SAFEMOON - did you miss FEG? This might be your second chance!
    New coin/token
    $SAFEMOON

    Simple yet POWERFUL Tokenomics!
    RFI + LIQ

    ♻️5% of all trades are redistributed to holders ๐Ÿ”“5% of all trades are auto-locked inside liquidity provider on PancakeSwap

    ⚠️Set slippage to 11%⚠️

    Tentative To-do list (ongoing):

    ๐Ÿค = to-do ๐Ÿ’› = in progress ๐Ÿ’š = completed

    ๐Ÿ’š - Contract launched ๐Ÿ’š - Initial Website Design ๐Ÿ’š - Presale on DxSale ๐Ÿ’š - Presale concluded ๐Ÿ’š - Liquidity locked for 4 years ๐Ÿ’š - Website updated ๐Ÿ’› - Marketing ๐Ÿ’› - CoinMarket Cap listing ๐Ÿ’› - Coingecko listing ๐Ÿค - NFT derivative conceptualization ๐Ÿค - NFT contest and giveaway ๐Ÿค - Listing on other Exchanges

    Buy $SAFEMOON on pancakeswap
    Token Contract - 0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3

    Links
    Telegram: t.me/safemoonV2
    Website: https://safemoon.xyz
    Twitter: https://twitter.com/safemoon
    Medium: https://safemoon.medium.com/

    ReplyDelete
  67. Jet-Bot for Binance: the best #crypto copy #trading platform to earn money online safely!
    Social trading. Passive income 2.0
    A matching platform where you can copy best traders on Binance 24/7 automatically. Demo accounts with $100,000 virtual portfolio are available. 3 days free trial. No credit card required. Try out for free
    https://jet-bot.com/?fpr=wkhr4

    ReplyDelete
  68. Go9Tro Wireless Increases Global Accessibility to Digital Currency Exchanges and Blockchain Economy
    Worlds First Cryptocurrency Wireless Service Provider Token
    https://karsha.biz/token/264

    ReplyDelete
  69. The #crypto industry is getting bigger and there are a growing number of good but complex projects. Investors are also on the rise, but do you really think your uncle understands that 50-page white paper? #YOLOToken is the bridge between new investors and the crypto world. New investors are introduced to this exciting industry in a fun way.
    To know more visit: https://yolotoken.com/

    ReplyDelete
  70. MFG Powers the Supply Chain to Mars with NFT Tokenized Rocket Parts - Like NFTs? Like Gems? MFG powers the supply chain to Mars with NFT tokenized rocket parts - literally and it is now available for staking rewards on Linkswap! https://smartmfg.io/blog/mfg-linkswap-yfl-lp-liquidity-mining-rewards-launch/

    ReplyDelete
  71. Meduse Coin is the new token of meduse.io. This coin is used as platform token on meduse.io and it will be the payment token for coin porfolio smart contract.
    Website: https://meduse.io/
    Whitepaper: https://meduse.io/documents/whitepaper/meduse.pdf

    ReplyDelete
  72. #Qintar is the first #Ethereum and #Polkadot Crosschain with Islamic Finance Ecosystem of Modaraba and Murabaha. Qintar token is the cryptocurrency of the first Islamic Decentralized Finance Platform.
    https://qintarcoin.org

    ReplyDelete
  73. Micro crypto that i like -----that gives you opportunity to make millions ----- because they have low market cap ----- (YEED) yggdrash, (MICRO) Micromines, (TIC) Thingschain, (DATP) Decentralized Asset Trading Platform, (NRP) Neural Protocol , (NDX) nDex, (ZNT) Zenswap Network Token, (FTXT) FUTURAX ------low cap crypto can give you life changing riches, LOW CAP CRYPTO EQUAL ROLLS-ROYCE'S AND MANSION ----- for very small investment ------ between 50 - 300 dollars

    ReplyDelete
  74. Neblio is Blockchain Simplified. With cold staking up and running as one of the latest features, many more powerful features are to come. When Neblio gets Interoperability up & running, they will be able to communicate with other #blockchains; reading/writing data directly to/from, for example, Cardano, Ethereum, Neo, etc,.; This will leverage their strengths even more so making Neblio a powerful platform and hub to meet the needs of many entities.
    Website: https://nebl.io/

    ReplyDelete
  75. Introducing the #diamond #token.

    Diamonds are rare gems and very expensive. The digital version should to. You have a chance to own one.

    DIAMOND TOKEN SPECS

    5000 DIAMOND Max Supply
    1000 DIAMOND to Investors
    3500 DIAMOND will be for Farming/pools
    500 DIAMOND for Marketing/Liquidity/Admin use


    DIAMOND Token Utility

    1. Staking pools will be setup to farm 3500 tokens.
    2. Profits from farming projects will be used to buy off Diamond tokens and holders can claim other tokens with it.
    3. LP tokens will be locked to guarantee and prevent RUG PULL.

    How to get DIAMOND Token
    More Details https://diamondtoken.cash/

    ReplyDelete
  76. Years ago, when the first few persons invested in the stock market, there were more doubts and speculations than encouragement or even a clear understanding of how the market or industry works. Now, digital money is seeing the same trend. The planet is inevitably divided into 2 groups – one that knows and cherishes digital currencies for the decentralized future that they provide and others, who’re totally unaware of the way they work and therefore are speculative.

    Though, thanks to the internet and of course, some key players in the market, educating oneself about this asset has become a lot easier now. A simple search would provide you all the technical details you need to understand about works of crypto assets, like the fact that block-chain actually represent a literal block of series trades that are transcribed in the very secure chain.

    Though, there’re still a few questions – around reservations or investing in this market that appear volatile. The ideal way for new investors to enter would be hedging their profits and starting slow. Systematic investment plans have been assisting people to do just that. Thanks to the folks at BEX investment, it is currently possible low risk investment with BEX Trade platform.
    Several investment plans which allows you to invest in Crypto currency, BEX investment offer ease and slower paced entry into digital assets. With choices of investing packages, it has made, it simple for investors to control how, where and when their investment moves.

    A quick glance at the rate of profits shows the promising fruits that crypto investments can bear, and the option of anytime fund withdrawal adds an extra layer of trust to their trade. At BEX investment, we have team of professionals; they help and guide you in every step to make sure you gain high profits.

    ReplyDelete
  77. Crypto Gaming Alliance is releasing a Mining System where CGA Coin can be earned through free game play from the company game platform and starting the service.

    Crypto Gaming Alliance (Here and after known as ‘CGA’) released a Mining System where CGA Coin can be earned by playing free games from CGA FREE GAMES. CGA FREE GAMES is a CGA service where people can enjoy games using free game coin.

    CGA’s Mining System uses a saving method where certain percentage of the coin used to play FREE GAMES into CGA Coin. Also CGA has revealed that if one reports or send a feedback regarding error or bug within the game, one can receive CGA Coin as reward.

    CGA was introduced the reason for introducing the Mining System is to deliver various opinion as a beta tester for the new released games and to share with the gamers with experience of the actual game. And especially to increase the level of completion by finding the error and systematic problems within the game before it being released.

    A user who has actually experience the game mining has mentioned the satisfaction regarding CGA’s Mining System through twitter that, “It was impressive that it’s not a mining method where resource is wasted or large organization takes the majority, but it can be easily mined while enjoying a game.”

    * CGA Coin free sales begin March, 25th. Detail matters can be check from the official homepage
    https://www.cgacoin.net/

    ReplyDelete
  78. Panther Token: (PANTHER)
    Brand new, only Traded on Uniswap about to be listed on CMC and Coingecko. (any day now)
    -$PANTHER is a deflationary animal coin, which is trying to help animals in need with every transaction.

    -Total Supply 1 000 000 000 (1 Billion) Contract Address: 0xd7acaf41361b56b1fdf7bfd866798268c754d82b

    -1% of Every Transaction is burned reducing supply, and an addition 1% of every transaction is redistributed to every holder. The more you hold, the more you earn.

    -The liquidity is locked with Unicrypt

    -0.1% of every transaction is sent to the Aspinall Foundation, a charity trying to halt the extinction of endangered species.
    https://www.aspinallfoundation.org/digitalcurrency/

    Panther likely falls into the Meme / NFT categories for lack of better crypto segment name. There is a plan to create NFTs.
    To know more visit: https://panthertoken.space/
    Telegram: @pantherspace

    ReplyDelete
  79. Soku Swap Exchange is Launching, with an ICO in the Coming Days.

    Soku Swap is a decentralized exchange (DEX) hosted on Ethereum Network and the Binance Smart Chain. The DEX uses automated market maker smart contracts to create liquidity pools of both ERC-20 tokens and BEP-20 tokens. The features allow users to trade using an algorithm versus an order book used on conventional exchanges.

    Knowing that the largest barrier to entry is the lack of education and knowledge of how to trade crypto, they decided to make that their focus. With on-screen chat features to answer any questions you may have, to step by step on-screen walk-through tutorials, trading can be done by anyone. And if you still want to learn more, they have classes that you can get paid in crypto to complete. You can even get paid to refer people to classes.

    And last but not least, with their governance tokens and weekly payouts to regular traders, you’re not just a trader, you’re more like an owner.

    Check out Soku Swap now at https://www.sokuswap.finance/
    Twitter - https://twitter.com/SokuSwap
    Telegram - https://t.me/sokuswap
    Discord - https://discord.gg/hMvnh9JZcg

    ReplyDelete
  80. DEMOON (DEMOON)
    A SELF-BURNING DEFLATIONARY CRYPTOCURRENCY
    4% BURN RATE EACH TIME YOU BUY, SELL OR TRANSFER THE TOKEN
    1000 DEMOON TOKENS INITIAL TOTAL SUPPLY

    Website:
    https://demoon.biz/
    Buy Token:
    https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x7438030af9d5793e522f6fb398202cf155d63c42
    Twitter: https://twitter.com/DeMoonToken
    Telegram: https://t.me/demoon_token

    #investment #ico #nft #nfts #bitcoin #cryptocurrency

    ReplyDelete
  81. You do not want to miss out on this early opportunity. MoonDao is early startup crypto with huge potential growth.
    Low market cap and cheap to get into. To learn more or buy now go to https://www.moondao.finance/

    MoonDAO - RFI + LIQ Redesigned
    We bring simplicity to frictionless rewards.
    Our revolutionary concept aims to be more deflationary while enabling PUMPANOMICS for you.
    Buy MoonDAO:
    https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x069b2619eb24367a46fda638bd1b88aa4dad7879

    Reddit: https://www.reddit.com/r/MoonDao/
    Telegram: https://t.me/moon_dao
    Twitter: https://twitter.com/Moon_Dao_

    #Weekly_buy_backs #Auto_yield_farming
    #Continuously_Rising_Price_Floor
    #yield_farming #bitcoin #ico #nft #nfts

    ReplyDelete

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