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Messages - ValueFirst

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16
Many people don't realize they have a trail of digital information on the blockchain. Anyone can find it and see what DApps you’ve used, transfers you’ve made, and the crypto assets you hold., with all the shortcomings Traditional Banking and Finance has been accused of no privacy is not one.

A claimed more advanced technology and platform should not have a privacy weakness.

BlockWallet fixes these privacy issues using battle-tested privacy-enhancing technology to protect your financial data. Cryptographic proofs (zk-SNARKs) allow users to make deposits and withdrawals using smart contracts that render funds untraceable. You can use BlockWallet to transfer funds to an address with no links to your history on the blockchain. Checkout BlockWallet

17
Several factors contribute to this
1. The high level of scam and pull-rug projects in Crypto means if you unveil then you are considered more as genuine than anonymous
2. The realization that fiat and crypto are more realistic than Fiat vs Crypto and could probably survive regulations more so financials like Fluid.ch that stand astride CeFi(regulated) and DeFi(Unregulated) are more trusted
3. Recent development in Crypto and the market such as LUNA Saga, a bearish market is making people look closer and find those behind the scene

This has caused more and more sponsors to react to the market request for identification to unveil themselves

18
Every signal from the SEC and governments around the world is saying regulations are coming soon and this brings to my mind the following questions
1. Will exchanges be consolidated so we end up with very few exchanges
2. Is there a possibility to do without exchanges completely.
obviously, option 2 will be the better in my opinion, I have seen a few options out there, look, verify,

19
Stable Coins Forum / Re: Which stable coin is more secure?
« on: May 25, 2022, 06:58:50 PM »
So lets look at why stablecoins may or may not be secured.
1. They are not backed up by enough collateral or some complex collateral like algorithm - TerraUSD
2. There is not enough audit and transparency - most publish their own and not many independents

Since the fall of UST a lot of companies have started to move away from this place, moving closer to transparency and also more fiat backing as TetherUSD and BinanceUSD recently announced. My extensive research has also led me to some smaller providers like fluid.ch DigitalDollar(DUSD) with different approach to the subject essentially moving users cash from the fiat status to digital status transparently this may be the approach for the future of stablecoins. Where users mint their own coin directly from their fiat currency. It seems a safer and more secured approach.

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