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WTF Crypto-Anarchy??

Crypto-anarchism is a political ideology that advocates the use of cryptography and other technologies to protect individual privacy, freedom, and autonomy from state interference. Crypto-anarchists believe that by encrypting their communications and transactions, we can create a decentralized and voluntary society that is immune to censorship, surveillance, and taxation. The term crypto-anarchism was coined by Timothy C. May in his 1988 "Crypto Anarchist Manifesto", where he declared: "Crypto Anarchy is the cyberspatial realization of anarchism, transcending national boundaries and freeing individuals to make the economic arrangements they wish, consensually." May was one of the founders of the cypherpunk movement, a group of activists and hackers who promoted the use of cryptography and digital currencies to challenge the authority of governments and corporations. The cypherpunks were influenced by libertarian and anarchist thinkers such as Murray Rothbard, David

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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    Buy and Sell Stocks & ETFs using digital currency of Bitcoin, Litecoin, Ethereum, USD Coin and more

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

    ReplyDelete
  42. 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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    Uniswap💎Medicalveda(MVEDA)💎 is live now!

    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.

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

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

    • Send Tokens
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    • 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
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    We make crypto easy. Sign up and get started in minutes.
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    ReplyDelete
  44. 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
  45. 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
  46. Farming and Get more reward with pyschic NFT card in predict market !

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    ReplyDelete
  47. 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
  48. 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
  49. 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
  50. Create and sell digital collectibles secured with blockchain
    Manifest & Chill NFT
    https://app.rarible.com/manifest
    #nft #nonfungible #digitalasset #digitalart

    ReplyDelete
  51. 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
  52. 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
  53. 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
  54. 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
  55. Start Mining Bitcoin @ https://bitminer.eu
    with your Device GPU.

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

    ReplyDelete
  56. $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 🔓5% of all trades are auto-locked inside liquidity provider on PancakeSwap

    ⚠️Set slippage to 11%⚠️

    Tentative To-do list (ongoing):

    🤍 = to-do 💛 = in progress 💚 = completed

    💚 - Contract launched 💚 - Initial Website Design 💚 - Presale on DxSale 💚 - Presale concluded 💚 - Liquidity locked for 4 years 💚 - Website updated 💛 - Marketing 💛 - CoinMarket Cap listing 💛 - Coingecko listing 🤍 - NFT derivative conceptualization 🤍 - NFT contest and giveaway 🤍 - 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
  57. 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
  58. 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
  59. 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
  60. 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
  61. #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
  62. 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
  63. 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
  64. 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
  65. 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
  66. 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
  67. 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
  68. 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
  69. 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
  70. I just came across this site and found this informative blog about stocks. Thanks for sharing.
    Day Trading Tips
    Intraday Tips

    ReplyDelete
  71. Miami Token World’s First Automated Investing Token ok the Binance SmartChain
    https://miamitoken.io

    ReplyDelete
  72. Pioneers of Leveraging DeFi & Blockchain in The Healthcare Industry
    Check MedicalVeda at CoinGecko
    https://www.coingecko.com/en/coins/medicalveda

    Website: medicalveda.com


    #DeFi #blockchain #nft #nfts #ico #CoinGecko

    ReplyDelete

  73. CINDRUM’s native token ‘CIND’ goes live on XT.COM and DigFinex
    CINDRUM has successfully made its debut on the XT.COM and DigFinex exchange and is being actively traded after being listed. The platform has facilitated its users with its recent listings on these global exchanges.
    Website: https://www.cindrum.com
    Telergam: @cindrumglobal

    ReplyDelete
  74. Making the best Rissotto with our Robot Chef

    RissottoFinance will be launching the first signal-based crypto spot trading powered by artificial intelligence this coming 25th April 2022.

    These AI trade robots are automated trading maxhines where AI makes trades based on several neural networks across the entire market. A user is notified throughout how the AI robots select cryptocurrencies, enter and exit in paper trades.

    Our AI robots scan thousands of cryptocurrencies in search of patterns that indicate buy or sell signals real-time 24/7. These AI robots include the use of a trailing stop exit from a position. The goal of these AI robots is to increase average profit and decrease average loss through predictive stop-lost profiling for every different cryptocurrency.

    Throughout our beta test over the last 3 months, our undeniable track record in the cryptocurrency market has accurately predicted the last week within two percent of the actual decline. For instance, the last two month when the crypto market dropped by 20% but our AI robots showed a potential gain of 3-14%, averaging 89.9% success rate. In the long run, we aspire to achieve a success rate of 68.4 – 72.5% for all our trades.

    Our vsionary Chef Carluccio of RissottoFinance “We are extremely delighted to use this new ingredient to make our Rissotto the best! Once the user decides how much per trade, the rest is simply done for them.” In other words, our artificial intelligence then predicts breakout and target prices in real-time, backtests the pattern, and provides other relevant cryptocurrency trading information before exciting them automatically. RissottoFinance is currently connected to and available to users holding account/s in Huobi (global), Kucoin, FTX and Binance.

    Subscription services for AI machine trading will begin next Monday, 25 Apr 2022 @ rissotto.finance or rissot.to for an equivalent of 100USD per month plus a flat fee of 5% on realised profitable trades payable in RSOT (RissottoToken), probably the lowest in the entire market.

    Join our conversation @rissotto_finance and watch out for our next debut of yield farming/pools!

    About RissottoFinance

    RissottoFinance is a self-sustaining etherum-based multi-chain eco-system liquidity mining, crypto-staking, automated AI trading and uncollateralized lending protocol. Our goals are to level financial playing field through democratised lending, decentralised financial services and liberalise artificial intelligence machine to anyone – no more an exclusivity to large financial corporation, striving towards diverse and sustainable investment portfolio through DeFi. We exist in the DeFi space to serve the global crypto community in a way that the typical centralized exchange cannot.

    ReplyDelete
  75. Additionally, popular actor, singer-rapper, and fashion designer Kanye West wears. Kanye West's anti-Semitism jacket has a delicate cotton cloth covering its exterior.
    kanye racing jacket

    ReplyDelete

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